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Schaeffler Partners with Neura Robotics to Develop Humanoids, Eyes New Growth Beyond Auto Industry

German engineering firm Schaeffler announced on Tuesday that it has entered into a strategic partnership with Neura Robotics to jointly develop and supply key components for humanoid robots, marking a major step in its diversification beyond traditional automotive manufacturing. The company said it plans to integrate a “mid-four-digit number” of humanoids into its production lines […]

Intuitive Machines to Expand Beyond Lunar Missions with $800 Million Acquisition of Lanteris Space Systems

Intuitive Machines announced on Tuesday that it will acquire Lanteris Space Systems — formerly Maxar Space Systems — from private equity firm Advent International in an $800 million deal aimed at transforming the company into a full-spectrum space services provider. The acquisition marks a major strategic shift for the Houston-based lunar lander manufacturer, broadening its […]

UK’s Starling Strikes 10-Year Software Deal with Canada’s Tangerine, Plans 100 New Hires

British digital lender Starling Group announced on Tuesday a 10-year agreement with Canada’s Tangerine Bank, owned by the Bank of Nova Scotia, to upgrade the bank’s core software systems using its Engine by Starling technology platform. The deal marks Engine’s largest contract to date and represents a major step in Starling’s global expansion. Under the […]