Mitsubishi Electric Corporation News

Mitsubishi Electric Corporation announced that it acquired a stake in Synspective Inc., a Tokyo-based startup company that develops and operates small synthetic aperture radar (SAR) satellites and provides solutions based on satellite data, on December 16. The companies recently signed a strategic partnership memorandum to build a satellite constellation and sell satellite images for national security purposes. Synspective's SAR satellites Mitsubishi Electric aims to sell satellite images for...

Mitsubishi Electric Corporation announced that its wholly-owned subsidiary Mitsubishi Electric Europe B.V. concluded an agreement on December 18 to acquire all shares of Crystal Air Holdings Limited, headquartered in Kildare, Ireland, an air-conditioning installation and maintenance company. By acquiring Crystal Air's extensive European business network, installation and maintenance capabilities, Mitsubishi Electric will be able to meet the growing demand for IT Cooling for data centers across...

Mitsubishi Electric Corporation announces that it will begin shipping samples of a silicon carbide (SiC) metal-oxide-semiconductor field-effect transistor (MOSFET) bare die for use in drive-motor inverters of electric vehicles (EVs), plug-in hybrid vehicles (PHEVs) and other electric vehicles (xEVs) on November 14. Mitsubishi Electric's first standard-specification SiC-MOSFET power semiconductor chip will enable the company to respond to the diversification of inverters for xEVs and contribute...

A Group company of Japanese multinational Mitsubishi Electric, the Bangalore-headquartered Climaveneta Climate Technologies, is investing over INR 400 crore in the state-of-the-art plant at Narsapura, Kolar district, a key industrial hub located around 50 km from Bengaluru. Climaveneta is a pioneering manufacturer of high-efficiency cooling equipment and precision as well as data center cooling systems. Presently having an order booking of over INR 500 Cr, the company is targeting to double the...

Mitsubishi Electric Corporation has announced that its ME Innovation Fund has invested in Formic Technologies Inc. (Formic), a U.S.-based startup company that designs, develops, and maintains industrial robots, offered through a subscription-based sales model. This is the eighth investment that the fund has made to date. Rise in demand for industrial robots In the manufacturing and logistics sectors, efforts to automate processes in response to labor shortages are rapidly advancing, leading t...

Mitsubishi Electric Corporation has announced that it signed a Memorandum of Understanding (MoU) with Cognitive Research Lab Inc. on October 17, with the aim of developing a business that helps organizations make decisions to avoid/mitigate national security risk and human risk related to natural disasters and public-safety situations. Mitsubishi Electric and Cognitive Research Lab sign MoU Based on the MoU, Mitsubishi Electric’s technologies and expertise, cultivated through the company...

Mitsubishi Electric Corporation announces that it signed a memorandum of understanding (MOU) yesterday with VTT Technical Research Centre of Finland Ltd., headquartered in Espoo, Finland and headed by CEO Antti Vasara, to collaborate on the development of key nature-positive technologies, which are initially expected to include direct ocean capture (DOC) technology for the direct removal of CO2 from seawater. Together with VTT, the largest comprehensive research institute in Northern Europe, Mi...

SEINO HOLDINGS CO., LTD. and Mitsubishi Electric Corporation announces their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18. Following the share transfer, the company was renamed MD LOGIS CORPORATION. Seino and Mitsubishi Electric now respectively hold 66.6% and 33.4% of the voting rights in MD LOGIS, which has become a subsidiary...

Mitsubishi Electric Corporation announces that it will organize an exhibit during the Japan International Aerospace Exhibition 2024 (JA2024) at the Tokyo Big Sight exhibition complex (Block W1-007, West Hall 1) from October 16 to 19. The company will exhibit a range of initiatives focused on contributing to creation of a safe and secure society and sustainable development through satellite development, satellite data solutions, transfer vehicles and lunar landing.

Mitsubishi Electric Corporation announced that it will collaborate with the ASEAN Football Federation (AFF) to co-organize football clinics for children in Southeast Asia when the ASEAN Mitsubishi Electric Cup™ 2024 trophy tour visits local cities between September 28 and November 9. Mitsubishi Electric is the title partner of the ASEAN Mitsubishi Electric Cup 2024, a biennial tournament that the AFF will organize for 11 Southeast Asian national teams between December 8 and January 5...

Mitsubishi Electric Corporation announced that it has joined the 30% Club Japan, part of a global campaign to increase the ratio of women in key corporate decision-making positions. Founded in the United Kingdom in 2010, the 30% Club has expanded to more than 20 countries, and in Japan it has set a target of at least 30% women on TOPIX 100 company boards by 2030. As part of its goal to realize Circular Digital-Engineering, Mitsubishi Electric is committed to ensuring that each member of its vas...

Mitsubishi Electric Corporation announced that it will exhibit advanced technologies and solutions under the theme of "Transforming the world through serendipity" during CEATEC 2024 at Makuhari Messe (Block 5H103, Exhibition Hall No. 5) in Chiba, Japan from October 15 to 18. CEATEC 2024 will be a comprehensive exhibition of digital innovation, gathering people, technologies and information from diverse industries and business sectors to envision Society 5.0, a world that will combine economic d...

Mitsubishi Electric Corporation announced that it has built undersea conservation fences off Iriomote Island, Okinawa Prefecture, to protect tape seagrass, a Category II vulnerable species on the Ministry of the Environment's Red List, and donated the fences to the town of Taketomi in Yaeyama County, Okinawa Prefecture, which administers the island, during a ceremony on September 2. Tape seagrass In Japan, Tape seagrass, a species of the Hydrocharitaceae family that grows to about one me...

Mitsubishi Electric Corporation announced that it has signed an agreement with Siemens Energy Global GmbH & Co. KG, headquartered in Munich, Federal Republic of Germany, to co-develop Direct Current (DC) Switching Stations and DC Circuit Breaker requirement specifications. The agreement aims to realize Multi-terminal High Voltage DC (HVDC) systems to enable efficient operation of large-scale renewable energy resources. This is the first concrete initiative by the two...

M&E contractor, MCS (Maintenance & Contracting Services) Ltd has just received accreditation for its work to reduce carbon emissions across its business. The company has been reviewed as part of a Mitsubishi Electric scheme called the Committed Carbon Reduction Partner (CCRP). This accreditation recognizes the steps that MCS is taking to track and lower the carbon footprint of its business. design, installation, and delivery MCS is an independently owned M&E contractor and Buildin...

Mitsubishi Electric Corporation announced that it signed a Memorandum of Understanding (MoU) with Thailand's Forth EMS Public Company Limited on July 16, 2024, to explore opportunities to co-manufacture Mitsubishi Electric’s Transmit/Receive Modules for use in the Air Surveillance Radar Systems that Mitsubishi Electric manufactures. Under the Memorandum of Understanding (MoU), the two companies expect to establish an enhanced collaborative structure for co-manufacturing, and will discuss...

Mitsubishi Electric Corporation announced that it has received an order from Kansai Transmission and Distribution, Inc. (The Kansai Electric Power Company - Osaka, Japan) for its 84kV dry air insulated switchgear, a new environmentally friendly, greenhouse gas-free product for use in gas-insulated switchgear (GIS) to be installed in substations. Mitsubishi Electric is the first company in Japan to develop GIS, which does not utilize greenhouse gases, with two of the main components-vacuum inter...

Mitsubishi Electric Corporation announced today that it has launched a railway data analysis service utilizing Serendie™, its digital platform for the optimal use of energy and the optimal deployment and operation of railway assets by railway companies. The new service is available for immediate use. carbon neutrality, decarbonization In the railway industry, various measures aiming at the realization of carbon neutrality and decarbonization are being implemented...

Mitsubishi Electric Corporation announces that it signed a Memorandum of Understanding (MOU) with Northrop Grumman Corporation (NGC) to collaborate in the supply of defense equipment for use in Japan and the U.S. on July 9. Electronic warfare systems Under the terms of the MOU, Mitsubishi Electric and NGC will discuss and agree on an optimal collaboration structure and business model, aiming to build a cooperative relationship that will allow them to provide defense equipment such as radars, e...

Mitsubishi Electric Corporation has announced that, in cooperation with system integrator - Glory Technology Service Inc. and Taiwan’s major telecommunications company - Chunghwa Telecom Co., Ltd., it has supplied Taiwan Power Company (Taipower) with a headend system as the central point for managing and controlling smart meters, and also communication modules to be embedded into the smart meters and data concentrator units. The system is already in partial operation as the first smart me...

Mitsubishi Electric Corporation has announced that it has signed a pilot contract with Raytheon, an RTX business, to repair transmitters used in APG-63 (V)1 F-15 fighter radars operated by the U.S. Air Force (USAF) and its allied forces. Under the pilot contract, Raytheon will verify Mitsubishi Electric's repair capabilities with the expectation of eventually contracting with Mitsubishi Electric for such services in the future. Mitsubishi Electric signs pilot contract with RTX's Raytheon Sinc...

Mitsubishi Electric Corporation announces that a team of three data scientists, Yuya Shintani, Kento Okumura and Shoma Fukuhara from the Mitsubishi Electric DX Innovation Center, won a gold medal in the Home Credit - Credit Risk Model Stability competition hosted by Google LLC subsidiary Kaggle INC., the world's largest AI competition platform. In addition, Messrs. Shintani and Okumura were each awarded the title of Kaggle Competition Master for cumulatively winning one gold medal and two silve...

SEINO HOLDINGS CO., LTD., and MitsubishiElectric Corporation have concluded a stock purchase agreement under which Seinowill acquire 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation currently held by Mitsubishi Electric, and a shareholder agreement governing arrangements among shareholders regarding the business operations of the logistics company after the transaction. Subject to regulatory approvals from relevant authorities, the share transfer is expected...

Mitsubishi Electric Corporation announced that it will begin shipping samples of 8W and 14W gallium nitride (GaN) monolithic microwave integrated circuit (MMIC) power amplifiers for use in Ka-band satellite-communication (SATCOM) earth stations from July 1. While the mainstream frequency for satellite communications is currently the Ku-band (13GHz to 14GHz), the higher frequency Ka-band (27.5GHz to 31GHz) offers multi-beam technology and much wider bandwidth for transmit...

Mitsubishi Electric Corporation, Magnesium Research Center (MRC) of Kumamoto University, Toho Kinzoku Co., Ltd., and the Japan Aerospace Exploration Agency (JAXA) announced the 3D printing industry’s first high-precision additive manufacturing (AM) technology for using magnesium alloys in a wire-laser metal 3D printer via the directed energy deposition (DED) method, marking a significant leap forward in industrial manufacturing. Unlocking the potential to process magnesium alloys with unp...

Mitsubishi Electric Corporation announced that it will launch a web-based service on June 28 to provide data on the design and validation of a proprietary prototype inverter equipped with a module containing three LV100 insulated gate bipolar transistors (IGBTs), aiming to help customers accelerate their development of high-power inverters for applications such as photovoltaic power-generation systems. LV100 packages Customers involved in developing prototype inverter s...

Mitsubishi Electric Corporation announces that it will begin shipping samples of a new 16W-average-power gallium nitride (GaN) power amplifier module (PAM) for 5G massive MIMO (mMIMO) base stations on June 11. PAMs, which can be used in 32T32R mMIMO antennas to reduce the manufacturing cost and power consumption of 5G mMIMO base stations, are expected to be increasingly deployed as 5G networks expand from urban centers to regional areas. Mitsubishi Electric will exhibit its new 16W GaN PAM in...

Mitsubishi Electric Corporation announced that it has launched the Serendie™ digital platform, effective immediately, to facilitate co-creation initiatives to accelerate the company's transformation into a "Circular Digital-Engineering Company." sustainability Through Serendie (a portmanteau of "serendipity" and "digital engineering"), Mitsubishi Electric expects to create sustainable future value by leveraging technological expertise and creativity synthesized through encounters between...

Mitsubishi Electric Corporation announced that it will increase its existing investment in Massachusetts-based Realtime Robotics, Inc., an American startup company that is pioneering motion-planning technology for calculating trajectories to enable factory-automation (FA) equipment to avoid obstacles and generate optimized routes. By expanding the use of Realtime Robotics' advanced technology in Mitsubishi Electric's FA solution software products and control-system equipment, the partners expec...

Mitsubishi Electric Corporation announced the planned amount of stock compensation for Executive Officers and Executive Officers (Associate) under the performance-based stock compensation plan for the fiscal 2025. (The said amount of stock compensation refers to the amount of trust money to be contributed to the Board Incentive Plan (BIP) Trust, which will be adopted for the performance-based stock compensation plan.) The details of the trust are as follows: Details of the Trust Agreeme...