Gevo announced its Q1 2026 financial results, showing revenue growth to $43 million and a non-GAAP adjusted EBITDA of $9 million, up from a loss last year. The company is progressing with expansion plans at its North Dakota facility to double low-carbon ethanol production and is advancing financing efforts for its large Alcohol-to-Jet (ATJ) project, Project North Star, aiming for completion by 2028. Gevo expects to reach $30 million adjusted EBITDA in 2026 and $40 million annualized by year-end, supported by operational improvements and new capital partnerships. These developments position Gevo to strengthen its role in renewable fuels and sustainable aviation fuel markets.
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...
