1,432 press releases in English indexed under industrial.
In the news release, OneTrack Introduces Iris-1, a World Model Built for Industrial Operations, issued 22-Oct-2026 by OneTrack.AI over PR Newswire, we are advised by the company that a link has been updated. The complete, corrected release follows: Built on nearly a decade of vision AI...
SAN DIEGO, Oct 24, 2026 - General Atomics Aeronautical Systems, Inc. (GA-ASI), the world leader in Uncrewed Aircraft Systems (UAS), today is announcing our partnership with Spirit Defense, a Boeing Company, to support airframe production of the new FQ-42 Vengeance Collaborative Combat Aircraft (CCA). In June, GA-ASI won a contract from the U.S. Air Force (USAF) to produce FQ-42. Spirit Defense's role as a fuselage design-build partner brings together the company's engineering and advanced manufacturing capabilities to support the program from design through production. GA-ASI has been the sole manufacturer of its line of UAS - which includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian - since the company's inception in 1992. For the FQ-42 program, partnering with Spirit Defense is a strength multiplier for the company and the nation, offering manufacturing capacity and industrial depth to scale CCA production faster, while strengthening production resilience, and reducing the risk of single points of failure. "We're excited to be working with Spirit Defense," said GA-ASI President David R. Alexander. "We've established our proven design, development, and manufacturing capability for the FQ-42. With Spirit Defense we add capacity, which is exactly the kind of production resilience our U.S. Air Force customer is looking for with its CCA ramp-up. This kind of partnership represents the scalable industrial base the Air Force and the U.S. Department of War are looking for from industry." "We're proud to bring deep manufacturing expertise and proven capabilities to this important program," said Keith Schrader, president and CEO of Spirit Defense. "Our team understands the responsibility that comes with supporting critical national defense programs, and we're ready to deliver for our customer and the warfighter." FQ-42 is a purpose-built, uncrewed fighter, developed with USAF as part of ongoing investment in next-generation semi-autonomous combat aircraft. The jet's modular design enables rapid integration of mission systems and mission autonomy software. GA-ASI's software architecture, demonstrated through live flight tests on multiple airframes, provides the foundation for human-machine teaming in complex combat scenarios. Potential CCA manufacturing partnerships don't end here. Around the world, GA-ASI is in discussions with numerous international militaries interested in our Gambit Series of modular CCAs. The Gambit Series is a family of uncrewed combat jets, derived from our work on FQ-42, XQ-67A Off-Board Sensing Station, and MQ-20 Avenger, and optimized for roles such as electronic warfare, suppression of enemy air defenses (SEAD), Destruction of Enemy Air Defenses (DEAD) and stand-off precision strike, making it a versatile option for evolving security needs. Nations interested in procuring aircraft from the Gambit Series also have an opportunity to insert indigenous manufacturing into those programs, as well as integration of their own sensors, weapons and other combat technologies. About Spirit Defense Spirit Defense, a Boeing Company, is an independent supplier to the defense industry. Headquartered in Wichita, Kansas, the company provides engineering, design-build, manufacturing, and lifecycle support for defense programs. Leveraging more than a century of aircraft design and manufacturing experience, Spirit Defense helps customers move innovative concepts from development to production through rapid prototyping, scalable manufacturing, and proven aerospace expertise. About GA-ASI General Atomics Aeronautical Systems, Inc., is the world's foremost builder of Uncrewed Aircraft Systems (UAS). Logging more than 9 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, MQ-9B SkyGuardian®/SeaGuardian®, XQ-67A, and FQ-42 Vengeance. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike. For more information, visit www.ga-asi.com. Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries. Contact Information GA-ASI Media Relations asi-mediarelations@ga-asi.com (858) 524-8101 SOURCE: General Atomics Aeronautical Systems, Inc.
TUSTIN, Calif., Oct. 23, 2026 -- Advantech (TWSE: 2395), a global leader in Edge Computing and Industrial Edge AI solutions, celebrated the grand opening of its new North American headquarters in Tustin, California this week with a two-day event that brought together local...
Aecon Group Inc. (TSX: ARE) (“Aecon”) announced that its joint venture with AtkinsR�alis and consortium with Siemens Energy have been awarded contracts by Ontario Power Generation (“OPG”) for the Pickering Nuclear Generating Station Refurbishment Project with an aggregate value of $3 billion. This builds on completion of previously awarded contracts for early work ahead of the project. Aecon's $1.75 billion share of the contracts will be added to its Construction segment backlog in the thi... Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=363267
HONA Investors Have Opportunity to Lead Honeywell Aerospace Inc. Securities Fraud Lawsuit with SBS Law
The expansion of Savannah Machinery Works is at the center of Mitsubishi Power's strategy to grow its American manufacturing capabilities and workforce while supporting increasing customer demand for energy solutions across the Americas. LAKE MARY, Fla. & POOLER, Ga., October 23, 2026--Mitsubishi Powe
LONDON, Oct. 23, 2026 -- Credence Research Inc. has added the "Fog Computing Market - Growth, Share, Opportunities & Competitive Analysis, 2025–2035" study to its market intelligence portfolio. The report examines market value, segmentation, demand drivers, regional dynamics,...
ABZ Innovation's new industrial cleaning drone expands Drone Nerds' offerings for infrastructure maintenance and facility cleaning applications FORT LAUDERDALE, Fla., Oct. 23, 2026 -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace," "XTI" or the "Company"), an aerospace...
SHENZHEN, China, Oct. 23, 2026 -- As global supply chains accelerate digital transformation, enterprises across retail, warehousing, utilities, and asset management are placing unprecedented demands on their mobile workforces. The shift toward real-time inventory visibility,...
Hitachi Energy today announced a new simulation capability with integrated NVIDIA Omniverse*1 libraries that enables data center teams to evaluate how future AI factory power systems may perform before they are built, adding to the wider NVIDIA DSX Sim partner ecosystem.
Helios to acquire a significant minority stake in Merec Industries, Mozambique’s largest flour milling company Partnership combines Invictus Investment’s sector knowledge and operational capabilities with Helios’ extensive experience across Africa to support Merec Industries’ growth in Mozambique and the wider region Transaction expected to close by the end of 2026, subject to customary closing conditions, including regulatory approvals Invictus Investment (ADX: INVICTUS) (https://invictusinvestment.ae), a leading holding company specialised in agro-food commodities across the Middle East and Africa, and Helios Investment Partners (“Helios”), a leading Africa-focused private investment firm, today announced that Helios Fund V (“Helios V”) has entered into an agreement to acquire up to a 49% interest in Stratton Africa Holdings Limited, the Mauritius-incorporated holding company of Merec Industries (“Merec”), from Invictus Investment. The transaction is expected to close by the end of 2026, subject to customary closing conditions, including regulatory approvals, after which Invictus Investment will remain the majority shareholder. Founded in 1998, Merec is Mozambique’s largest flour milling company, processing wheat and corn into an integrated product portfolio spanning flour, pasta, biscuits and animal feed. Its mills, production facilities and silos are strategically located in each of Mozambique’s three principal port regions: Beira, Maputo and Nacala – making it the only miller with manufacturing facilities in all three. Merec also owns a grain terminal at the port of Maputo. This footprint supports a nationwide distribution network serving wholesalers, retailers, bakeries, feed producers and distributors, underlining Merec’s important role in the production and supply of essential food products across Mozambique. Invictus Investment acquired Merec in January 2025 through the purchase of its holding company, Stratton Africa Holdings Limited, as part of its strategy to expand its agro-food business in high-potential African markets and strengthen its capabilities across the value chain. Since the acquisition, Merec’s operating performance has improved significantly, and this has prompted a more ambitious growth strategy to expand the business beyond its core operations into new food categories in Mozambique and across the wider Southern African Development Community (“SADC”) region. The new partnership will support these plans by combining Invictus Investment’s expertise across the agro-food value chain with Helios’ track record of investing in and supporting market-leading businesses across Africa. Together, the shareholders will also work on furthering Merec’s governance framework, leadership capabilities, ESG practices and broader development impact. Commenting on the announcement, Amir Daoud Abdellatif, CEO of Invictus Investment, said: “We welcome Helios, one of Africa’s leading private equity investors, as our partner in the expansion of Merec. With its strong focus on high-growth sectors across the continent, Helios’ regional expertise will be instrumental in accelerating Merec’s next phase of growth. Since Invictus Investment’s acquisition of Merec, its position as Mozambique’s largest flour milling company has been strengthened and consolidated, and now, our shared ambition with Helios is to build on the business’s contribution to food security and local employment in Mozambique and develop it into a regional food platform for Southern Africa. This partnership aligns perfectly with our strategic approach to acquisitions, which has always been to build strong businesses alongside high-calibre partners that support our long-term vision of building a fully integrated agro-food enterprise.” Tope Lawani, Co-Founder and Managing Partner of Helios Investment Partners, added: “Merec has built a distinctive position in Mozambique, with a nationwide footprint, strong brands and an important role in the country’s staple foods market. The consumer non-discretionary sector is a key strategic focus for Helios, and we bring a proven track record of investing in and scaling resilient businesses that serve essential consumer needs across Africa. We see significant opportunity to build on Merec’s strengths and are pleased to partner with Invictus Investment and the management team to support the company’s next phase of growth.” Akin Gump Strauss Hauer & Feld is acting as legal counsel to Helios, with GDA Advogados as Mozambican counsel. Freshfields is acting as legal counsel to Invictus Investment. *Please refer to heliosinvestment.com/news and invictusinvestment.ae/investor-relations/ for more information. Distributed by APO Group on behalf of Invictus Investment Company PLC. For further information, please contact: Helios Investment Partners About Invictus Investment: https://apo-opa.co/4BmtcHf About Helios Investment Partners: Since 2004, Helios has applied its investment capabilities, entrepreneurial business-building expertise and local and global connectivity to generate competitive returns and positive impact across Africa. The firm is a certified B Corp, reflecting its long-standing commitment to sustainability and responsible business practices.
KUALA LUMPUR, MY / October 23, 2026 / KEB Berhad ("KEB" or the "Group"), an established property developer with in-house construction capabilities, focused on residential, industrial, commercial and mixed-use developments in Malaysia, is pleased to announce the launch of its prospectus today in conjuncti