SpaceX has confirmed the construction of a secret foundry in Bastrop, Texas, designed to manufacture critical components for natural gas turbines. Elon Musk stated on social media that the facility
Manufacturing
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Europe must significantly scale up its manufacturing capacity if it is to achieve its floating wind ambitions, a senior executive at DNV has stated. Sille Grjotheim, the global segment director
Nvidia is reported to be in advanced talks to acquire the artificial intelligence model repository Hugging Face for $12.9 billion. The transaction, if completed, would allow the hardware manufacturer to
The British electrotechnical and allied manufacturers’ association (BEAMA) has cautioned that any dilution of the zero-emissions vehicle mandate could postpone up to £1.56 billion in UK home charger sales. The
Tesla has confirmed it is discontinuing its Solar Roof tile programme, marking a significant retreat from its earlier ambitions in residential renewable energy. Two sources with direct knowledge of the
Aberdeen-based Balmoral Group has commenced production at a newly established manufacturing facility located in Ohio, United States. The investment into this specific site totals two million dollars and marks the
A surge in factory activity suggests the United States economy is beginning to weather the impact of tariffs while securing new manufacturing positions, even as industry leaders describe current geopolitical
Jaguar Land Rover faces renewed recalibration as a cyber shock reverberates through UK manufacturing
In a move that underlines the fragility of modern manufacturing supply chains, Jaguar Land Rover has confirmed a substantial job cut in the wake of last year’s crippling cyber attack.
The West Yorkshire based manufacturer of mobility aids, Acorn Mobility Services, has again demonstrated its considerable financial heft with a dividend of £50 million paid to its founder, John Jakes,
Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0) has delivered a substantial improvement in first-half performance, with chief executive John Shaw reporting unaudited revenue of $8.3 million for the six months ended 30
Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0) witnessed a significant share price rally on Friday morning, with the stock advancing 18% to reach 138.65 pence. The movement followed the company’s decision to
Shares in Itaconix PLC climbed 18 percent to 138.65 pence in morning trading on Friday after the plant-based polymers manufacturer upgraded its full-year revenue guidance following a substantial increase in
Lockheed Martin’s agreement to buy Ultra Maritime for $3.45 billion is, on its face, another large cheque written by the world’s biggest arms manufacturer. Look closer and it reads as
Tesla employees have been told to curb their use of external artificial intelligence tools, after Elon Musk introduced a weekly limit of $200 (about £150) on spending with third-party AI
In a ruling that has sparked considerable debate, the European Union’s second-highest court has deemed private jets as a form of green investment. This unexpected classification challenges conventional wisdom regarding
The recent acquisition of Burleigh Pottery, one of Britain’s oldest ceramic manufacturers, by former Burberry chief Christopher Bailey and a consortium of investors marks a significant chapter in the narrative