Sierra Space secures $290m in Series B at $5.3bn valuation
The new financing round, which brings the American commercial space company’s total capital raised to $1.7bn, was co-led…
Transport
US DOE offers $15.5bn funding and loans package to boost EV transition
01 Sep 23As part of President Joe Biden's "Investing in America" agenda, the DOE funding will allocate $2 billion in…
BYD Electronic to acquire Jabil’s mobility business in $2.2bn deal
28 Aug 23Through the acquisition of the mobility business, BYDE aims to extend its customer base, diversify its product portfolio,…
India’s Chandrayaan-3 spacecraft lands on lunar south pole
24 Aug 23The historic mission saw the national space agency soft-land the spacecraft's lander module dubbed Vikram on the moon…
BAE Systems to acquire Ball Aerospace in $5.6bn deal
17 Aug 23Headquartered in Colorado, Ball Aerospace offers spacecraft, mission payloads, optical systems, and antenna systems with advanced technologies, and…
Voyager Space, Airbus to form JV for commercial space station Starlab
03 Aug 23The new commercial space station, which is intended to succeed the International Space Station, will have a European…
Tata to build 40GW battery cell gigafactory in UK with £4bn investment
20 Jul 23According to Tata Group, the new facility will cater to its customers in the UK and Europe with…
Intel subsidiary to divest $1.5bn worth stake in Mobileye Global
06 Jun 23Upon the completion of the offering, Intel will own all the outstanding Class B common stock of Mobileye…
Tata Group signs MoU to set up $1.6bn gigafactory in Gujarat, India
05 Jun 23To be located in Sanand, northern Gujarat, the EV battery facility to be developed by Tata Group’s subsidiary…
Automobile firm VinFast to go public with Black Spade in $27bn deal
15 May 23Upon the completion of the deal, VinFast will have an equity value of more than $23bn