News

Raghu Vamsi Aerospace Raises US$40 Million for Deep-Tech Growth

Raghu Vamsi Aerospace Group (RVAG), a Hyderabad-headquartered precision manufacturing and deep-tech company serving the global aerospace, defence and energy sectors, today announced it has raised US$ 40 million (approximately INR 400 crore) in its latest funding round.

UCIMU Reappoints Riccardo Rosa as President for 2026-2027

UCIMU elected the new officers of the Association lately. UCIMU-SISTEMI PER PRODURRE re-appointed Riccardo Rosa as President of the Italian machine tools, robots, and automation systems manufacturers’ association for the two-year period 2026-2027. Pursuant to the articles of association of the UCIMU Foundation (art.5-a), in his capacity as President of UCIMU, Rosa (ROSA, Rescaldina Milan)

Skyroot Aerospace Makes History with First Successful Private Orbital Launch from India

Indian space startup Skyroot Aerospace successfully launched its Vikram-I rocket from the Satish Dhawan Space Centre (SDSC) today. The mission marks the first time a private Indian company has conducted an orbital rocket launch from Indian soil, achieving success on its very first attempt.

Matrix Geo Solutions Bags Central Railway Survey Contract

Matrix Geo Solutions Ltd, a geospatial technology and engineering consultancy, has received a Letter of Acceptance (LoA) from Central Railway. The project involves conducting precision track geometry surveys of over 300 KM using advanced technology to assess and correct railway track alignment, supporting safer and more efficient rail operations.

GE Aerospace Leads Industry-First High-Altitude Hybrid-Electric Flight

GE Aerospace announced at the Farnborough International Airshow an industry first to advance the future of flight, demonstrating the viability of more electric aircraft engine systems for aviation. In collaboration with NASA, BETA Technologies, Inc and Boeing, GE Aerospace conducted the first hybrid electric flight above 30,000 feet, reaching the same altitude levels of passenger commercial aircraft.

IESA Welcomes PLI 2.0 to Accelerate Electronics Manufacturing

The India Electronics and Semiconductor Association (IESA), India's premier industry association representing the Electronics System Design and Manufacturing (ESDM) and semiconductor ecosystem, has welcomed the Government of India's announcement of the new Production Linked Incentive (PLI), PLI 2.0 (MPMS), approved at an outlay of INR 62,500 crore over five years

CHIRON Group Showcases Automation and Digital Manufacturing Solutions at AMB 2026

From September 15–19, CHIRON Group will present the latest solutions for tomorrow’s production at AMB 2026 in Stuttgart. Under the motto ‘Where Automation meets Machining Excellence’, the company will demonstrate how machining technology, automation, and digital systems can be combined to create high-performance manufacturing solutions.

SMEC to Highlight Smart Factory Technologies and Automation at AMB 2026

SMEC, a leading global manufacturer of machine tools, will once again be exhibiting this year at AMB in Stuttgart, Germany’s leading trade fair for metalworking. From September 15–19, 2026, the company will be showcasing its latest machines at Stand 10E51 in Hall 10. The focus will be on how individual machining steps can be integrated into fully interconnected production lines.

Aimtron Electronics Secures Pilot Order for Semiconductor Test Platform

Aimtron Electronics Ltd, an Electronics System Design and Manufacturing (ESDM) company, announced that it has secured a pilot Box-Build manufacturing order from a leading global semiconductor test solutions company. The engagement carries an estimated business potential of US$ 2.6 million to US$ 3.4 million, representing a significant opportunity to expand the company’s presence in high-value electronics manufacturing.

La Fondation Dassault Systèmes India, AIM Conclude ‘Made in 3D’

La Fondation Dassault Systèmes India, in collaboration with Atal Innovation Mission (AIM), NITI Aayog, successfully concluded the 2025–26 season of ‘Made in 3D – Seed the Future Entrepreneurs’, a flagship initiative designed to nurture innovation, creativity, and entrepreneurial thinking among young student innovators.

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