Global First Power, ultra safe nuclear corporation and Ontario Power Generation form joint venture to own, operate Micro Modular Reactor Project at Chalk River

Today, Global First Power Ltd. (GFP), Ultra Safe Nuclear Corporation (USNC) and Ontario Power Generation (OPG) announce the formation of a joint venture – the Global First Power Limited Partnership – which will build, own, and operate the proposed Micro Modular Reactor (MMR) Project at the Chalk River Laboratories site.…

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Axon appoints Venture Partner and Global Business Leader Adriane Brown to Board of Directors

Axon, the global leader in connected public safety technologies, today announced the addition of Adriane Brown to its board of directors. Ms. Brown is a seasoned leader and independent board director who brings more than three decades of global business leadership and entrepreneurship to Axon. Axon’s board formally voted last…

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IDB Invest and IFC co-lead a $1.1 billion financing to LD Celulose to promote growth and strengthen competitiveness of the Brazilian pulp industry

IDB Invest and IFC are co-leading a $1.1 billion financing to LD Celulose S.A., a joint venture between Lenzing AG and Duratex S.A., to build one of the largest dissolving wood pulp plants in the world, in Minas Gerais State, Brazil. The export credit agency Finnvera and seven commercial banks…

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Sony launches generation 3 PetaSite Optical Disc Archive Library with 66 percent greater capacity and 50 percent improvement in archive performance versus previous generation

Sony Electronics Inc. announces the launch of Generation 3 PetaSite Optical Disc Archive technology, which is now shipping. The high-capacity archival storage solution scales from 165 TB*1 to 2.9 PB*1 of immutable optical storage in a standard 42U Rack. This launch follows Sony’s recently announced Gen3 high-capacity USB desktop drive…

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Zentiva expands production capacity by completing acquisition of Ankleshwar Manufacturing Site

Zentiva Group announces the completion of its acquisition of a manufacturing site in Ankleshwar, India, from Sanofi. The finalization of the deal increases the number of wholly-owned Zentiva production sites worldwide and will enable Zentiva to serve more people who are in daily need of our high quality, affordable medicines.…

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OTTO Motors raises $29 million to take its autonomous mobile robots global

OTTO Motors, a division of Clearpath Robotics, today announced it has closed $29 million (USD) in Series C funding for the continued expansion of its autonomous mobile robot (AMR) platform. The investment, which follows years of rapid growth, was led by Kensington Private Equity Fund with participation from BMO Capital…

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