Energy Efficiency

And OEP Drive Advanced Automation Expansion

One Equity Partners (“OEP"), a middle market private equity firm, announced that it has completed a majority investment in Comau S.p.A. (“Comau”), making Stellantis an active minority shareholder. Comau is a global technology company specializing in industrial automation and advanced robotics. As previously communicated, Comau's Executive Chairman Alessandro Nasi, and Chief Executive Officer Pietro Gorlier will continue pioneering the company and its future grow...

Mitsubishi Electric And Bharat Electronics Form Defense Partnership

Mitsubishi Electric Corporation announced that it signed a memorandum of understanding (MOU) to explore joint business in selected defense and space fields with Bengaluru-based Bharat Electronics Limited, a renowned manufacturer of defense electronics and public systems under the Indian Ministry of Defense, and Bengaluru-based MEMCO Associates (India) Private Limited, a marketing and contract representative of Mitsubishi Electric in India. The MOU envisages identifying opportunities for the man...

Mitsubishi Electric Expands In DMS Market

Mitsubishi Electric Mobility Corporation announced that it has entered into a capital and business partnership with Seeing Machines Ltd. Seeing Machines, a renowned Australian DMS software provider, to expand its Driver Monitoring System business, which supports safe driving by detecting driver distraction and drowsiness. In the Transaction, Mitsubishi Electric Mobility will invest a total of 40.0 million GBP and subscribed to 15% (13% on a diluted basis) of newly issued shares through a third-...

Smartkem Raises $7.65 Million In Public & Private Offerings

Smartkem, which is seeking to change the world of electronics using its disruptive organic thin-film transistors (OTFTs), announced it has completed its previously announced concurrent public and private offerings of its securities, including shares of its common stock and common stock equivalents, for an aggregate total gross proceeds of $7.65 million. Smartkem issued 1,449,997 registered shares of common stock and unregistered Class D warrants to purchase up to 1,449,997 shares of common stoc...

Mitsubishi Electric HVACR Solutions At AHR Expo 2025

From February 10 to 12, 2025, Mitsubishi Electric Automation, alongside ICONICS Inc., will demonstrate solutions to help HVACR facilities operate more efficiently and sustainably at booth #1761. Mitsubishi Electric Automation, Inc. provides HVACR solutions to remotely monitor operations, ensure redundancy, adapt to temperature changes, eliminate noise, unify management, and detect anomalies, all while maintaining the performance and reliability required for these kinds of applications. Reliabi...

Mitsubishi And Synspective SAR Satellites For Security

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...

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