BiomX announced a non-binding letter of intent to acquire a 60% controlling stake in Tsoock Defense Technologies, an Israeli security infrastructure company with 20 years of experience. This acquisition aims to enhance BiomX's security platform by adding systems integration capabilities across fire detection, access control, intrusion detection, and more. Tsoock's recent revenue growth and operational expertise are expected to strengthen BiomX's ability to deploy integrated security solutions in defense, critical infrastructure, and first-response markets. The deal, valued at $10.4 million initially, includes an option to acquire the remaining 40% within 36 months, pending due diligence and approvals.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
