Ford expects to build over 2 million electrified vehicles yearly and achieve an adjusted operating profit margin of 10% by 2026. Both objectives would represent a significant improvement over the business’s existing…
BP makes a £50 million investment in a brand-new battery testing facility for electric vehicles
In 2021, it was estimated that there was $46.03 billion dollars worth of electric vehicle batteries sold worldwide. The market for EV batteries is anticipated to grow significantly over the course of…
Aerojet’s earnings are impacted by RS-25 delays
The RS-25 engines, which combine tried-and-true performance with state-of-the-art engineering and technology, will power NASA’s Space Launch System (SLS), the most potent rocket in the world. Astronauts will be sent on lunar…
NASA updates the criteria for private astronaut trips to the ISS
The ISS was made available to commercial companies as a destination for private astronaut trips as part of NASA’s aim to support a thriving LEO economy, which was launched in 2019. Private…
With EBRD assistance, Montenegro implements a scheme for renewable energy auctions
To achieve decarbonization, which entails changing the energy industry, transportation, as well as industry, the Government of Montenegro pledged in 2021 to reduce GHG (greenhouse gas) emissions by 35 percent below 1990…
Isotropic Systems changes its name to All.Space and introduces their newest terminal
The fifth generation “smart terminal,” which is going into the first production and will be released at the end of 2022, is being announced by ALL.SPACE (previously Isotropic Systems). The ALL.SPACE software-oriented service…
Northrop Grumman denies rumors that its 2018 purchase of Orbital ATK may face legal trouble
The $7.8 billion acquisition of Orbital ATK by Northrop Grumman of the defense and space contractor was approved, the United States Federal Trade Commission stated in 2018. The fourth business sector of Northrop…
Weather satellite contracts are won by Maxar and Lockheed Martin
The NOAA Satellite and Information Service makes fast access to data on the global environment from satellites and other sources available for monitoring and comprehending our dynamic Earth. They oversee the nation’s…
28 missile-tracking satellites will be built for the US Space Development Agency by L3Harris and Northrop Grumman
The U.S. Space Force asked for an extra $200 million in the fiscal year 2023 in April of this year to fund the satellite launches for the missile-tracking constellation of Space Development…
Siemens Energy has been awarded the largest grid connection contract to date
Siemens is committed to further up its current efforts to achieve real-world decarbonization along its whole value chain. By doing this, the corporation is pursuing the science-based reduction strategy that the Science…