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Rocket Lab’s Acquisition of Geost: A Strategic Leap into National Security Payloads

Rocket Lab's acquisition of Geost represents a pivotal expansion into the payload development sector, reinforcing the company's role as an integrated provider of national security space solutions. A $275 Million Deal That Redefines Rocket Lab’s Capabilities Rocket Lab Corporation (NASDAQ: RKLB), a global aerospace leader, has...

Firms Staying Private for Longer: Baillie Gifford Highlights Ongoing IPO Drought

The trend of firms staying private for longer continues as the initial public offering (IPO) market shows no signs of revival, according to Baillie Gifford. Peter Singlehurst, head of private company investments at the Edinburgh-based investment firm, attributes this to lingering investor skepticism following...

e& UAE Aleria AI Solutions Empower SMBs at Make it in the Emirates 2025

AI Sovereignty at the Forefront of UAE Innovation During the high-profile Make it in the Emirates (MIITE) 2025 exhibition, e& (Etisalat) UAE announced an initiative to support small and medium-sized businesses (SMBs) with leading-edge AI technology. The linchpin of this initiative is Aleria, a UAE-based...

Sanmina’s $3 Billion Acquisition of ZT Systems Expands AI Infrastructure Leadership

Sanmina’s $3 billion acquisition of ZT Systems marks a pivotal step in expanding its footprint across the high-growth cloud and AI infrastructure markets. This move positions the company to double its revenue within three years while establishing advanced technical capabilities. Strategic Deal Structure Enhances Long-Term...

Paul Ricci Appointed CEO of Luminar Technologies, Marking Strategic Leadership Transition

Luminar Technologies, Inc. (Nasdaq: LAZR), a global pioneer in automotive safety and autonomy solutions, has confirmed that Paul Ricci appointed CEO will take effect on or around 21 May 2025. Ricci, the former long-serving Chairman and CEO of Nuance Communications, steps into the leadership...

Ki Corporation, Public Storage make non-binding indicative offer (NBIO) for Abacus Storage King

Public Storage and Ki submit a non-binding offer to acquire Abacus Storage King for A$1.47 per stapled security. The deal targets 126 properties, 21 development sites, and 75 managed/licensed properties, with due diligence and securityholder approval required.