Codetta Bio™ Expands Global Commercial Leadership to Accelerate Worldwide Adoption of the Concerto™ System
Codetta Bio™, a leading innovator in multi-omic solutions that integrate ultrasensitive protein quantitation with simultaneous analysis of nucleic acids (RNA and DNA), today announced a significant expansion of its global commercial organization. This strategic move strengthens the company’s ability to meet growing demand for its Concerto™ system as Codetta transitions from its Technology Access Program (TAP) to full commercial launch.
South 8 Technologies Secures $11M in Additional Funding to Accelerate LiGas Battery Production for Defense and Aerospace
South 8 Technologies, the developer of LiGas®, the world’s first liquefied gas electrolyte for lithium-ion batteries, today announced an $11 million follow-on funding round co-led by the venture arm of W. L. Gore & Associates (Gore) and Lockheed Martin Ventures. The capital will accelerate commercialization of South 8’s LiGas battery cells for aerospace and defense applications that require reliable energy in the harshest environments.
6K Additive Secures A$48 Million Through Initial Public Offering on the Australian Stock Exchange
6K Additive, a global leader in advanced metal powders and alloy additions, today announced the successful completion of its IPO on the Australian Stock Exchange (ASX), raising A$48m at an offer price of A$1.00 per CDI (Offer Price). At the Offer Price, 6K Additive has an initial market capitalization of approximately A$267m and an enterprise value of approximately A$206m. The Company’s CDIs will trade on ASX under the ticker symbol 6KA. The IPO attracted strong support from a range of new institutional, family office and sophisticated investors in Australia and overseas, together with existing shareholders. Trusted by leading organizations across aerospace, defense, space, medical, energy, and automotive sectors, 6K Additive plans to use the newly secured capital to support its expansion plan to better serve its growing customer base and broaden its product offerings.
Niron Magnetics CEO Testifies Before Congress on Urgent Action Needed for Rare Earth Alternatives
Jonathan Rowntree, Chief Executive Officer of Niron Magnetics, testified Wednesday before the U.S. House Select Committee on the Chinese CCP, presenting the company’s breakthrough Iron Nitride magnet technology as a solution to reducing America’s critical dependence on rare earth materials.
Medcrypt Achieves 100% FDA Submission Approval Rate and Launches Security Intelligence to Help Mature Medical Device Cybersecurity Program
Medcrypt Inc., the leader in medical device cybersecurity, today announced the launch of Medcrypt Security Intelligence, the industry’s first expert-enhanced software solution for assessing, benchmarking, and advancing cybersecurity program maturity across the medical device lifecycle.
Singapore-based ImmunoScape Pioneers Next-Generation Cell Therapy for Solid Tumors; Announces Key Licensing Deal, New Board and SAB Appointments
ImmunoScape Pte. Ltd., an A*STAR spin out backed by Amgen Ventures and EDBi that is developing next-generation TCR-based cancer immunotherapies, today announced an exclusive in-licensing deal with Cue Biopharma Inc. (Nasdaq: CUE) to lead the development of a distinct new class of therapies to attack solid tumor cancers. The deal provides ImmunoScape with exclusive access to Cue Biopharma’s clinical-stage Immuno-STAT® molecules in oncology.
Niron Magnetics Expands Board of Directors with Seasoned Technology and Finance Experts to Lead the Next Chapter of Growth
Niron Magnetics, the company manufacturing high-performance Iron Nitride permanent magnets made without rare earths, announced the appointment of Jon Olson and Eric Stang to its Board of Directors. Their deep experience in technology, finance, and scaling high-growth public and private companies will help guide Niron Magnetics’ journey as it expands manufacturing, commercial operations, and global partnerships in preparation for future growth.
ExOne and voxeljet Launch Unified Global Aftermarket Support Network across Eight Countries and more than 45 factory-trained technicians
ExOne GmbH and voxeljet AG, both members of ExOne Global Holdings, today announced the launch of a joint global Aftermarket Service and Support Network for their industrial 3D printing systems. The collaboration brings together two of the most experienced teams in binder jet 3D printing under one coordinated service framework, designed to deliver faster response times, higher uptime, and greater customer confidence.
LG Energy Solution to Enter Aerospace Battery Sector in Partnership with South8 Technologies
LG Energy Solution today announced a strategic partnership with South 8 Technologies to jointly develop space-rated lithium-ion batteries optimized for extreme low temperatures. This agreement positions LG Energy Solution to participate in the development of next-generation battery technologies that can withstand harshest environments, establishing a foothold in the emerging aerospace sector.
Galvion and South 8 Technologies Sign Letter of Intent to Collaborate on Lithium-ion Battery Technology for Extreme Cold Environments
South 8 Technologies, a San Diego–based innovator redefining lithium-ion battery performance with its patented LiGas® cell technology, today announced it has signed a Letter of Intent (LOI) with Galvion, a global leader in the design and manufacture of intelligent power and data management solutions, innovative head systems and integrated soldier systems. The LOI represents a shared commitment between two innovative defense and energy organizations to push the boundaries of battery performance through focused research and product development.