In 2025, Seyond shipped over 332,000 lidar units, a 45% increase from the previous year, achieving positive gross profit and a 7.9% margin due to economies of scale and cost optimization. Revenue reached about USD 154 million, with a 24% reduction in adjusted net loss, supported by a 146% rise in cash reserves and 50% asset growth. Seyond expanded its product lineup with the Robin and Hummingbird platforms, driving mass production and securing key automotive and robotics clients worldwide. The company is positioned for accelerated growth in 2026, aiming to exceed one million cumulative lidar shipments and deepen its global market presence across automotive, robotics, and infrastructure sectors.
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...
