Newsroom | 40101 results

Sorted by: Latest

Engineering
-

RevolKa Ltd. Secures 210 million JPY (US$1.4 million) Series A Extension Funding to Advance Therapeutic Programs

SENDAI, Japan--(BUSINESS WIRE)--RevolKa Ltd. (RevolKa), a venture-backed biotech company providing a cutting-edge AI-driven protein engineering technology platform called aiProtein®, has raised 210 million JPY (US$1.4M) in Series A extension funding. This funding will advance RevolKa’s drug discovery programs for rare diseases (https://www.revolka.com/news/english/collab-en/a65) and support collaborative partnering efforts. This financing round was co-led by existing investors, D3 LLC (Tomoya N...
-

StandardAero Announces Secondary Offering of 30,000,000 Shares of Common Stock by Affiliates of The Carlyle Group Inc. and GIC

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (NYSE: SARO) (“StandardAero” or the “Company”) announced today that two of its stockholders (the “Selling Stockholders”), affiliates of The Carlyle Group Inc. and GIC, intend to offer for sale in an underwritten secondary offering an aggregate of 30,000,000 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), pursuant to the Company’s shelf registration statement on Form S-1 filed with the Securities and Exc...
-

Albany International Announces CFO Transition

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) announced today that its Board of Directors has accepted the resignation of its Chief Financial Officer, Robert Starr, effective May 23, 2025. The Company further announced that its Board of Directors has appointed Jairaj (JC) Chetnani, its Vice President – Investor Relations and Treasurer, as interim Chief Financial Officer as it conducts a formal search for Mr. Starr’s successor. Mr. Chetnani also assumes the role of Prin...
-

Lumentum Announces Inducement Grant Under Listing Rule 5635(c)(4) of The Nasdaq Stock Market

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. (“Lumentum” or the “Company”), a market-leading designer and manufacturer of innovative optical and photonic products for cloud/AI, networking, and industrial applications, today announced that on May 15, 2025, it granted to Rafik Ward, the Company’s SVP, Corporate Development and Chief Marketing Officer, restricted stock units covering 31,412 shares of Lumentum’s common stock that will vest as to 1/4 of the award on the one year anniver...
-

Transcat Reports Fiscal Fourth Quarter and Full Year 2025 Financial Results

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat Reports Fiscal Fourth Quarter and Full Year 2025 Financial Results...
-

StandardAero Adds Lease Engines To Its CFM International LEAP-1A And LEAP-1B Service Offering, Supporting the Airbus A320neo And Boeing 737 MAX Customer Base

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, a leading independent pure-play provider of aerospace engine aftermarket services, including engine maintenance, repair and overhaul (MRO) and engine component repair, has recently expanded its CFM International LEAP-1A and LEAP-1B service offering to include lease engines. StandardAero has partnered with some of the world's leading engine leasing companies to support the needs of Airbus A320neo (LEAP-1A) and Boeing 737 MAX (LEAP-1B) customers w...
-

Fusion Capital Partners Acquires Relevant Industrial From LKCM Headwater

SANTA MONICA, Calif.--(BUSINESS WIRE)--Fusion Capital Partners (“Fusion”), a private investment firm specializing in engineered products and services within the industrial sector, today announced it has acquired Relevant Industrial, LLC (“Relevant”), a leading provider of industrial equipment and engineered solutions, from LKCM Headwater Investments (“LKCM”). Fusion will hold majority ownership in the company with LKCM remaining as a minority partner. Terms of the transaction were not disclosed...
-

Texas Congressional Leaders Back Domestic Critical Minerals: Gladieux Metals Recycling Strengthens U.S. Defense with Recycled Vanadium

FREEPORT, Texas.--(BUSINESS WIRE)--Gladieux Metals Recycling (GMR), the nation’s leading recycler of spent petroleum catalysts and producer of high-purity vanadium compounds, today issued a public statement of gratitude to members of the U.S. Congress and Senate—especially Senator Ted Cruz and Representative Randy Weber—for their strong, bipartisan support of America’s domestic vanadium industry and GMR’s mission to strengthen the critical minerals supply chain. In recent letters to Secretary H...
-

Infra Pipe Solutions Ltd Announces Appointment of Jimmy R. Herring as Chief Executive Officer

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Infra Pipe Solutions Ltd., one of North America’s largest producers of High-Density Polyethylene (HDPE) pipe and conduit, today announced the appointment of its new Chief Executive Officer, Jimmy R. Herring. Herring replaces outgoing CEO Bill Donaldson. “Jimmy’s deep-rooted executive leadership and operational expertise, combined with his superior track record of execution, make him the ideal CEO to lead Infra Pipe into our next era of growth,” said Greg P...
-

AlfaOBL Launches U.S. Manufacturing Operation to Reintroduce Blackline Pumps in the North American Market

PLANO, Texas--(BUSINESS WIRE)--AlfaOBL Launches U.S. Manufacturing Operation to Reintroduce Blackline Pumps in the North American Market....