News

Hyderabad, India – Dhruva Space Pvt Ltd, a full-stack Space Engineering solutions provider based in Hyderabad, India, announced a successful closure of their Series A funding at INR 123 crore. The funding will go towards the company’s upcoming spacecraft manufacturing facility, strategic business acquisition plans, and enhancing product offerings to deploy them to the global market.

Bengaluru, India – HHV Group, Bengaluru-based India’s premier Vacuum, Optics, and Thin-film technology company announced its 60th anniversary celebrations. Established in 1965 in the name of Hind High Vacuum Co (HHV) as a small-scale industry in Bangalore by SV Narasaiah, a pioneer of vacuum technology in India, the company, has since made significant contributions to the advancement of vacuum-related technologies in the country.

Bengaluru, India – Shandong Lingong Construction Machinery Co, Ltd (SDLG), a member of Volvo Group, offers sustainable solutions to construction, earthmoving, infrastructure, and mining projects. It has been present in India since 2009, contributing to the Indian construction equipment market with its lineup of wheel loaders, motor graders, and excavators used in ports, roadways, mining, steel, and cement industries.

Mumbai, India – Hella Infratech Pvt Ltd, a pioneering name in the realm of drone mapping and survey, announced its transformative rebranding as Aakashe. With a steadfast commitment to innovation and progress, this strategic rebranding marks a pivotal moment in the company’s journey towards expanding its business horizons and embracing a name that resonates profoundly with its vision to map Bharat.

Hannover, Germany – HANNOVER MESSE witnessed the German company Schunk SE & Co KG being honored with the HERMES AWARD at its ceremonial opening on April 21, 2024. Bettina Stark-Watzinger, Germany’s Minister of Education and Research, presented the award in recognition of an innovative AI-based project.

Chennai, India - Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG (Daimler Truck), announced its foray into the Indian battery electric market with the all-electric, Next-Generation eCanter.

Blackbird Robotersysteme GmbH, a manufacturer of system solutions for remote laser welding, is growing its leadership team and creating a new area for business field development. Benjamin Bopp will be in charge of sales starting in April. Longstanding sales director Thibault Bautze-Scherff will focus on targeting new business fields in the future. This puts him in a leading role in terms of the company’s strategic growth.

Formlabs, the leader in 3D printing, unveiled the fastest, most reliable 3D printer for professionals with the launch of Form 4 and Form 4B. The new flagship resin 3D printer sets a new standard for additive manufacturing with Formlabs’ proprietary new Low Force Display™ (LFD) print engine, updates to the company’s library of industry-leading resins, new automated post-processing, and an improved user experience.

Pune, India - Kirloskar Ferrous Industries Ltd (KFIL), one of the leading castings and pig iron manufacturers in India, announced the restarting of its mini blast furnace at Hiriyur. In response to challenging market conditions characterized by weakened demand and declining pig iron prices, the company temporarily halted operations of the blast furnace at Hiriyur on February 22, 2024.

St Albans, UK and Hanover, Germany – EuroBLECH, the global flagship event on sheet metal working, is expecting a huge turnout this year.