Press Releases

Voyant Photonics is pleased to announce availability of "CARBON" FMCW LiDAR sensor, featuring the world's first truly effective and affordable LiDAR on a chip with solid state beam steering. Carbon's highly integrated silicon photonic chip is fingernail-sized and provides high-resolution, millimetre precision, object detection and static/dynamic segmentation up to 200m All that, at a fraction of the cost of current best in class LiDAR makers. Voyant has achieved th

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ICL, a leading global specialty minerals company, today announced its Board of Directors has approved the appointment of Elad Aharonson as ICL’s new president and chief executive officer, effective. He will succeed Raviv Zoller who will work with Aharonson to ensure a smooth and orderly transition. Elad Aharonson has been an integral part of ICL for nearly four years, serving as president of ICL’s Growing Solutions business since April of 2021. During his tenure, he led

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POSCO has been recognized as the “World’s Most Competitive Steelmaker” for the 15th consecutive year. World Steel Dynamics (WSD), a well-known global steel analysis institution, revealed the results of its World-Class Steelmaker Rankings for 2024 on December 22 (local time in New York). Established in 1999, WSD has, since 2002, evaluated 35 steel companies worldwide based on 23 criteria, including technological innovation, production scale, cost reduction

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Emirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, today announced that its recent acquisition of a majority stake in American aluminium recycling firm, Spectro Alloys Corporation, has now been funded through a green loan facility with international banks. The green loan facility enables access to a larger liquidity pool to fund low-carbon projects while optimising the cost of borrowing. EGA completed the acquisition of 80 per cen

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Australia’s two largest iron ore miners and its biggest steelmaker have selected the Kwinana Industrial Area, south of Perth, as the location to develop Australia’s largest ironmaking electric smelting furnace1 (ESF) pilot plant. The groundbreaking project combines the expertise of BlueScope, BHP and Rio Tinto to test technology to enable the use of Pilbara iron ore to produce iron without the need for traditional blast furnaces, as the companies come together to try to

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Hydro Energi AS and A Energi have signed a long-term power purchase agreement (PPA) for the delivery of 438 GWh annually to Hydro’s Norwegian aluminium plants over a 10 year period. The contract secures a total supply of 4.38 TWh of electricity to aluminium and renewable energy company Hydro from 2025 through 2034. The power from A Energi will be delivered in Norwegian electricity price area NO3. Long-term contracts are crucial for Hydro to continue to lead the way i

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Steel Solutions, a leading steel fabrication and erecting company, announces the acquisition of the operating assets of Colvin Steel, a reputable Las Vegas-based steel subcontractor. This acquisition, finalized earlier this month after closing in Q1 2024, represents a significant step forward for Steel Solutions as it enhances its operations and strengthens its position in the steel industry, marking its first significant acquisition in the state. Founded in 2021 by Mike Colvin, Col

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Made in Steel 2025 is sold out. The eleventh edition of the international Conference & Exhibition dedicated to the steel supply chain designed and organised by siderweb – La community dell’acciaio, has smashed its previous record: the net exhibition area will exceed 18 thousand square metres. This is a sign of confidence of the international steel industry and a new record for the event, which has increased its exhibition area by 20% compared to 2023, the best ever edition so

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SignOff Semiconductors Pvt. Ltd., headquartered in Bengaluru, India, and a leading provider of VLSI and Embedded Design services, is thrilled to announce the opening of its new office in Penang, Malaysia. This expansion enables the company to meet the growing demand for semiconductor chip design services from Fortune 500 companies operating in and expanding within Penang. It also aligns perfectly with the Malaysian government's vision of establishing the country as a global hub

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Ansys is collaborating with Sony Semiconductor Solutions Corporation (Sony) to improve perception system validation in ADAS/AVs. Ansys AVxcelerate Sensors provides real-time multispectral lighting simulation capabilities, enabling thorough evaluation of different lighting scenarios and weather conditions including rain, snow, and fog. By using Ansys simulation, OEMs and Tier 1 suppliers can expedite and validate thousands of on-road driving hours in less time. ADAS and AV systems re

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