Lyten, the global leader in lithium-sulfur batteries and energy storage, announced today that it has completed its acquisition of Northvolt Dwa in Gdańsk, Poland. Northvolt Dwa is a 25,000-square meter (270,000-square foot) battery energy storage system (BESS) manufacturing and R&D facility that was opened in 2023. The facility includes equipment to ramp up to 6 GWh of energy storage manufacturing capacity and the ability to expand to up to 12 GWh in the future. This press release features...
Gradiant, a global leader in advanced water and wastewater solutions, today announced the closing of a $50 million corporate facility with HSBC, bringing its total credit to over $100 million. The financing reflects Gradiant’s growing capital maturity and strengthens its capacity to scale sustainable water solutions worldwide. Strengthening Financial Foundations Structured as a corporate revolving credit facility, the HSBC line supports U.S. working-capital needs, and provides Gradiant with...
Valorem Reply, the Reply Group company specializing in Microsoft technologies and AI-driven, cloud-native solutions, in collaboration with Microsoft and the International Tennis Federation (ITF), has developed Match Insights, an AI-driven real-time analytics application. The solution brings real-time artificial intelligence analytics to the Billie Jean King Cup by Gainbridge, the world’s premier international women’s team tennis competition. This press release features multimedia. View the ful...
ExaGrid®, the industry’s only Tiered Backup Storage solution with AI-Powered Retention Time-Lock (RTL) that includes a non-network-facing tier (tiered air gap), Auto Detect & Guard, delayed deletes and immutability for ransomware recovery, today announced that the ExaGrid Version 7.4.0 release, shipping in October 2025, includes new features optimal for Managed Service Providers (MSPs) who use ExaGrid Tiered Backup Storage to protect their customers’ data. Many organizations use MSPs to o...
Roquette, a global leader in plant-based ingredients and pharmaceutical excipients for health, nutrition and bio industrial markets, today, celebrates the grand opening of its dedicated Health & Pharma Solutions Innovation Center in São Paulo, Brazil. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251016102423/en/Credits to Roquette Located in Barueri, near São Paulo’s city center, the state-of-the-art facility represents a mult...
The Estée Lauder Companies Inc. (NYSE:EL), today celebrated the sixtieth anniversary of its Manufacturing & Fulfillment Campus in Oevel, Belgium. Since its opening in 1965, the Oevel Campus has developed into a state-of-the-art manufacturing, fulfillment and biotech hub. Today the campus serves as a cornerstone of the company’s global value chain and is one of its largest manufacturing facilities by volume, annually producing over 100 million prestige beauty products, which are then shipped...
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced research findings around the SAP roadmap. In an in-depth study and interactive interview of 455 IT and business leaders, SAP customers voiced concerns over the push toward subscription-based S/4HANA and shared strategies business leaders are adopting to drive i...
HistoSonics, Inc., the developer of the Edison® Histotripsy System and novel histotripsy therapy platform, today announced the closing of an oversubscribed $250 million financing led by its new ownership group and included additional investors Thiel Bio and Founders Fund, among others. The financing will support the ongoing commercial expansion of HistoSonics’ Edison System into new global markets, accelerate new clinical indications throughout the body, and strengthen operational capacity for ...
CyberArk (NASDAQ: CYBR), the global leader in identity security, today announced it has been named a Leader in the 2025 Gartner® Magic Quadrant™ for Privileged Access Management1. Recognized as a Leader for the seventh consecutive time, CyberArk is positioned furthest in Completeness of Vision which, from the company's standpoint, reflects CyberArk's commitment to defining the future of privilege access management (PAM), where every identity is protected with flexible as-needed access, smart AI...