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IonQ Announces Acquisition of Cybersecurity Firm Elisity in All-Stock Deal Worth Up to $1.3 Billion
IonQ Inc. (NYSE:IONQ) announced on Monday that it has agreed to acquire cybersecurity company Elisity Inc. in an all-stock transaction valued at up to $1.3 billion, expanding its security capabilities as businesses prepare for emerging threats associated with artificial intelligence and quantum computing. The Maryland-based quantum technology company said the proposed acquisition includes up to…
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Ondas and Palantir Launch Regna AI to Develop Sovereign Artificial Intelligence for Defence Operations
Ondas Inc. (NASDAQ:ONDS) and Palantir Technologies Inc. (NASDAQ:PLTR) have announced the establishment of Regna AI, a privately held company focused on developing mission-specific artificial intelligence systems for defence, security and other operational environments. The new business will initially be wholly owned by Ondas and will use Palantir’s technology platform to enable customers to train, customise…
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RTX’s Raytheon Secures US Navy Contract to Enhance Radar Detection Capabilities Through 2031
Raytheon, a subsidiary of RTX (NYSE:RTX), has secured a contract from the US Office of Naval Research (ONR) to develop advanced radar detection software aimed at improving the performance of naval surveillance and defence systems. Under the agreement, Raytheon’s Advanced Technology division will develop and assess new signal-processing and data-processing algorithms designed to extend radar…
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Stryker Announces $400 Million Investment in CMR Surgical With Option for Full Acquisition
Stryker (NYSE:SYK) has announced a strategic partnership with UK-based medical robotics company CMR Surgical, including an approximately $400 million (£300 million) preferred equity investment and an exclusive option to acquire the business in the future. The agreement will give Stryker an opportunity to expand its presence in the soft-tissue robotic surgery market while establishing a…
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ZJK Industrial Secures CAMCAR Innovations Licence to Expand Precision Fastening Portfolio
ZJK Industrial Co., Ltd. (NASDAQ:ZJK) announced on Monday that five of its subsidiaries have entered into a non-exclusive licensing agreement with CAMCAR Innovations, granting access to a portfolio of specialised fastening technologies. The agreement covers the TORX®, TORX PLUS® and TORX PARALOBE™ fastening systems, allowing the licensed subsidiaries to manufacture and distribute products incorporating CAMCAR…
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Lumentum, Astera Labs and Corning Demonstrate Optical PCIe Connectivity for AI Infrastructure
Lumentum Holdings (NASDAQ:LITE), Astera Labs (NASDAQ:ALAB) and Corning Incorporated (NASDAQ:GLW) have announced a joint demonstration of optical connectivity technology designed to support high-performance artificial intelligence computing systems. The companies are presenting the PCIe-over-optics proof-of-concept system at the 2026 OCP Global Summit in San Jose, California, taking place from 12 to 15 October. The demonstration is…
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DHT Holdings Reports Q3 Fleet Earnings of $141,300 Per Day as Fourth-Quarter Tanker Rates Rise
DHT Holdings (NYSE:DHT) reported estimated time charter equivalent (TCE) earnings of $141,300 per day across its fleet for the third quarter of 2026, while preliminary fourth-quarter bookings indicated higher rates for its spot-market operations. In a business update released on 12 October 2026, the crude oil tanker operator said its Very Large Crude Carriers (VLCCs)…
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Iren Shares Rise 5% Premarket Following Reported Multi-Year AI Cloud Deal With Anthropic
Iren (NASDAQ:IREN) shares climbed 5% in premarket trading on Monday following a report that the data centre operator had signed a multi-year agreement to provide artificial intelligence cloud computing services to Anthropic. According to The Information, the reported agreement would give Anthropic access to additional high-performance computing infrastructure as the AI developer expands its operations…
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Airbus and Kratos Complete First European U740-Valkyrie Flight, Target Combat Readiness by 2029
Airbus (USOTC:EADSF) and Kratos Defense & Security Solutions (NASDAQ:KTOS) have completed the first European flight of the U740-Valkyrie uncrewed aircraft, marking a development milestone in their programme to deliver a combat-ready Collaborative Combat Aircraft (CCA) by 2029. The test flight took place at a facility in Northern Europe and achieved all planned objectives, according to…
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TotalEnergies and KKR Plan to Add 700 MW of US Solar Capacity to Joint Venture
TotalEnergies (EU:TTE) and KKR (NYSE:KKR) have announced plans to expand their US solar energy joint venture through the addition of a 700-megawatt portfolio comprising three utility-scale projects in Texas and Ohio. The proposed transaction values the portfolio at an enterprise value of $1.2 billion, according to a company statement released on Monday. The three solar…