JasonDoiy Samsung (OTCPK:SSNLF) received an order from Tokyo-based AI firm Preferred Networks to make chips for AI applications using the South Korean company’s 2-nanometer foundry process and advanced 2.5D packaging technology Interposer-Cube S (I-Cube S). Samsung noted that the chips will be manufactured using a chip architecture called Gate-All-Around, orContinue Reading
craig slay/iStock via Getty Images Danaos (NYSE:DAC) said Monday it has signed an order worth more than $500M for five newbuilding containerships and added $616M to its contracted revenue backlog and added an extra five newbuilding containerships to its order book. Danaos (DAC) said the five newbuilding orders with anContinue Reading
lyash01/iStock via Getty Images SFL Corp. (NYSE:SFL) +1.7% in Wednesday’s trading after saying it ordered five 16,800 TEU container vessels at a total construction cost of ~$1B, with scheduled delivery in 2008. John Fredriksen’s sale and leaseback shipping company also agreed to minimum 10-year time charters to “a leading linerContinue Reading
Fritz Jorgensen/iStock via Getty Images Canoo (NASDAQ:GOEV) said Go2 Delivery has signed a definitive agreement to buy five fully-electric commercial delivery vans, with the potential to purchase up to an additional 85 vans. Go2 Delivery will integrate Canoo’s Class 1 Lifestyle Delivery Vehicle 130 into their delivery fleet.Continue Reading
Taitai6769/iStock via Getty Images Sen. Sherrod Brown (D-OH) and two other Democrat senators sent a letter urging the Biden administration to issue an executive order blocking Nippon Steel’s (OTCPK:NISTF) planned almost $15 billion purchase of US Steel (NYSE:X). US Steel fell 4.3%. “Given the clear and present threats that NipponContinue Reading
Rail Vision (NASDAQ:RVSN) announced a follow-on order from one of its customers, a US-based rail and leasing services company. The company announced at the beginning of 2024, it has signed a contract valued at up to $5 million for ShuntingYard products. In April 2024, Rail Vision received an initial purchaseContinue Reading
The U.S. Army Contracting Command – Detroit Arsenal (ACC-DTA) placed an order with Oshkosh Defense, an Oshkosh (NYSE:OSK) business, worth $27.3M. The order is for 57 Medium Equipment Trailers (MET). Oshkosh will execute the order with partner Broshuis B.V. “The MET stands as a testament to Oshkosh Defense’s unwavering commitmentContinue Reading
