MK Plus, a Japanese battery company with a 5% stake held by Phenom Resources, received nearly $12 million from the Swedish Energy Agency to advance industrial-scale production of its Vanadium Solid-State Battery technology. The funding supports the development and scaling of their battery manufacturing facility in Sweden, which is being retooled to begin commercial battery deliveries this fall to customers in Europe and the Middle East. MK Plus is expanding its commercial reach under the Vanadis Energy brand, aiming to meet growing demand for safe, long-life energy storage solutions globally. Phenom will continue updating shareholders as MK Plus progresses in production and international expansion.
The 2026 Verizon Data Breach Investigations Report links 61% of manufacturing breaches to third parties and 81% to internal data compromise. Manufacturers adopting Microsoft 365 Copilot should carefully manage which engineering and supplier files emp...
Soleo Health has been selected as a specialty pharmacy partner for Pasatru™ (garetosmab-grts), Regeneron's FDA-approved treatment for adults with fibrodysplasia ossificans progressiva (FOP), an ultra-rare genetic disorder. Pasatru™ is the first treat...
PsiThera raised $25 million in financing led by new investors AbbVie Ventures and Lumination Capital, alongside existing backers. The funds will support development of its oral small molecule TNFα inhibitor and advance its oral TL1A inhibitors into l...
Opus Genetics announced its Q3 2026 financial results and significant progress in its gene therapy programs for inherited retinal diseases. Key milestones include completion of dosing in OPGx-BEST1 Cohort 2 with data expected in Q1 2027, full enrollm...
Iveco Group is exhibiting its latest products, including new light and heavy-duty vehicles powered by FPT engines, at Fenatran 2026 in São Paulo, highlighting its strong industrial and commercial presence in Latin America. The event marks the regiona...
