Engineering News

Stay updated on engineering with press releases highlighting industry news, trends, and innovations shaping various engineering disciplines. Learn about developments in civil, mechanical, electrical, and software engineering, and explore opportunities in projects.

May 22, 2026 at 4:05 PM

Palladyne AI Announces Employee Equity Awards

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Corp. (Nasdaq: PDYN and PDYNW) (“Palladyne AI”), a U.S.-based defense and industrial technology company delivering embodied AI-powered collaborative autonomy solutions, advanced avionics, precision-manufactured components, UAVs, and advanced aerospace engineering services, today announced that effective May 20, 2026, the Compensation Committee of Palladyne AI’s Board of Directors approved the grant of, in the aggregate, 91,528 restricted stock units...
May 22, 2026 at 4:01 PM

Bentley Systems, Incorporated Declares Second Quarter 2026 Dividend

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated declares second quarter 2026 dividend...
May 22, 2026 at 11:38 AM

Georgia Tech Wins the Final Year of EcoCAR Challenge

DETROIT--(BUSINESS WIRE)--Georgia Tech has won Year Four of the EcoCAR EV Challenge, claiming the top spot in the final year of the collegiate engineering competition. McMaster University took second place, and Virginia Tech received third place. Managed by Argonne National Laboratory and headline sponsored by the U.S. Department of Energy (DOE), General Motors, and MathWorks, the competition challenged students from 15 North American universities to engineer a next-generation vehicle using aut...
May 22, 2026 at 7:53 AM

Contract Professionals, Inc. Founder Steve York Announces Retirement After 44 Years

WATERFORD, Mich.--(BUSINESS WIRE)--CPI Founder Steve York retires after 44 years, leaving a legacy rooted in service, veteran employment, trusted talent solutions, and loyalty....
May 22, 2026 at 4:11 AM

FPT Launches Flezi Foundry™, Advancing AI-Augmented Delivery for Global Enterprises

HANOI, Vietnam--(BUSINESS WIRE)--Global IT corporation FPT announced the launch of Flezi Foundry™ (FPT Digital Foundry™), an AI-augmented delivery platform for software development and IT operations. Built around a governed Service-as-a-Software model, the platform combines autonomous AI agents, human expert oversight, secure infrastructure, and outcome-based delivery mechanisms to help enterprises modernize technology delivery as AI agents become part of software engineering and IT operations....
May 22, 2026 at 1:09 AM

LTM Has Issued an Offer to Acquire Randstad’s Technology and Consulting Services Business in Europe and Australia to Scale Domain-Driven Solutions and AI Services

MUMBAI, India--(BUSINESS WIRE)--LTM has issued an offer to acquire Randstad’s Technology and Consulting Services business in Europe and Australia....
May 21, 2026 at 11:00 PM

Mitsubishi Electric Engineer Earns Kaggle Competitions Master Title in World’s Largest AI Competition

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Tadakiyo Seki, an engineer at the company’s Engineering and Development Center in Japan, has been awarded the title of Kaggle Competitions Master by Kaggle, Inc., a Google LLC subsidiary and the world’s largest AI competition platform. The title is awarded based on the total number of medals a competitor accumulates. Kaggle medals recognize competitors who use superior skills in mathematical modeling or m...
May 21, 2026 at 4:45 PM

Mayville Engineering Company Announces Closing of Public Offering, Including Full Exercise of the Underwriters’ Option to Purchase Additional Shares of Common Stock

MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced the closing of its underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $20.00 per share, for total gross proceeds of $100 million, before deducting underwriting discounts and commissions and other offering expenses payable by MEC....
May 21, 2026 at 4:15 PM

Trinity Industries, Inc. Declares Quarterly Dividend

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) has declared a quarterly dividend of 31 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinity’s 249th consecutively paid dividend, is payable July 31, 2026 to stockholders of record on July 15, 2026. About Trinity Industries Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North America....
May 21, 2026 at 4:05 PM

Argan, Inc. to Announce First Quarter Fiscal 2027 Results and Host Conference Call on Thursday, June 4, 2026

ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its first quarter fiscal 2027 financial results after the market closes on Thursday, June 4, 2026. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, June 4, 2026 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the following dial-in...
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