Peter Carlsson and Siddharth Khullar have launched Aris Machina, raising $10.7 million to build what they call an “agentic operating system” for manufacturing. The startup aims to solve factory chaos by connecting machines, data streams, and legacy tools. But they’re entering an industry where 95% o
PowerChina is making Africa its second home with ambitious renewable energy expansion. The state-owned company aims to operate in nearly every African market within five years, driven by solar, hydro, and gas projects. Their South African portfolio alone includes $3.5 billion in renewable initiative
China controls 91% of global rare earth refining and 94% of permanent magnet manufacturing. European officials are scrambling to secure supplies while remaining at Beijing’s mercy for critical components.
The smartphone maker’s electric vehicle division reported $98.5 million in gross profit last quarter. Xiaomi delivered over 100,000 EVs in Q3, up from 40,000 a year earlier.
Valmet is delivering a comprehensive automation solution to Seongnam City’s new waste-to-energy facility in South Korea. The plant will process 500 tonnes of municipal waste daily and generate up to 9.9 megawatts of electricity when operational in early 2028. This represents another major automation
ST Engineering is divesting its 49% stake in Shanghai STARCO, concluding a 21-year maintenance partnership with China Eastern Airlines. The Chinese carrier will pay $94 million for the shares in two installments through 2026. The move comes as both companies focus on their individual growth strategi
Video analytics and coaching from Arrowsight led to a dramatic 70% reduction in workers’ compensation claims across nine major NYC construction sites. The results were so compelling that Zurich North America will now only insure construction wrap-up projects using this technology. This represents a
Jaguar Land Rover suffered massive losses after a cyber attack halted vehicle production for more than a month. The incident cost the company £196 million directly and contributed to a £485 million quarterly loss while slowing UK economic growth.
French electrical component manufacturer Socomec is making a major push into the US market with a $10 million investment in Georgia. The new facility near Suwanee will create 300 jobs and begin operations in early 2026. This move positions Socomec to better compete in North America’s growing energy
Forgis is developing edge software that connects existing industrial equipment into intelligent, self-optimizing systems. The startup claims early pilots show 30% downtime reduction and 20% throughput increases.
