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Reko Reports Results for First Quarter of Fiscal 2026
WINDSOR, Ontario--(BUSINESS WIRE)--Reko International Group Inc. (TSX-V: REKO) today announced results for its first quarter ended October 31, 2025. First Quarter Highlights: Sales declined $1.2M or 11.6% over the prior year Quarterly net income of $384 improved by $296 or 336.4% compared to prior year Earnings per share were $0.07, compared to earnings per share of $0.02 a year ago Strong cash position maintained following a $2.7M mortgage repayment and $2.2M in growth-related capital equipmen...
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Aether Biomachines Appoints Jay Zaveri as President
SAN FRANCISCO--(BUSINESS WIRE)--Aether Biomachines, the company reindustrializing America by turning AI-designed proteins into real-world solutions, today announced Jay Zaveri, Founder and Partner at Natural Capital, as president. In this capacity, Zaveri will lead growth and bring Aether’s AI-designed proteins to market at scale. “Jay has been a trusted adviser of Aether for several years, and I’ve seen him as a cofounder in this journey. As president, he will lean into his entrepreneurial exp...
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Automotive Robotics Market Competitor Analysis Report 2025: Recent Developments, Company Strategies, Sustainability Benchmarking, Product Launches, Key Persons, and Revenue Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Competitor Analysis of Automotive Robotics Market Recent Developments, Company Strategies, Sustainability Benchmarking, Product Launches, Key Persons, and Revenue Forecasts" report has been added to ResearchAndMarkets.com's offering. The Automotive Robotics industry is expected to expand lucratively to an estimated value of US$ 22.49 Billion by 2033, from US$ 8.88 Billion in 2024. This expansion reflects a compound annual growth rate (CAGR) of 10.87% between 2025 a...
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UMC and Polar Collaborate to Meet Growing Demand for U.S. Onshore Semiconductor Manufacturing
HSINCHU, Taiwan & BLOOMINGTON, Minn.--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC: TWSE: 2303)(“UMC”), a leading global semiconductor foundry, and Polar Semiconductor, LLC (“Polar”), a U.S.-owned and operated foundry specializing in high-voltage, power, and sensor technologies, today announced they have signed a Memorandum of Understanding (MOU) to explore collaboration on delivering scalable U.S.-based 8-inch production of high-quality wafers that are essential across pilla...
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Reliable Robotics CEO and Co-Founder Robert Rose Testifies Before Congress on U.S. Aviation Leadership through Autonomous Aviation
WASHINGTON--(BUSINESS WIRE)--Robert Rose, CEO and co-founder of Reliable Robotics, the leader in autonomous aircraft systems, today delivered testimony before the United States House of Representatives Committee on Transportation & Infrastructure on the advancements in aviation safety-enhancing aviation automation technologies poised for integration into the National Airspace System (NAS) that will prevent aircraft accidents, save lives and connect more communities with air service. In his...
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Aether Biomachines Raises $15M to Reindustrialize America with AI-Designed Proteins
SAN FRANCISCO--(BUSINESS WIRE)--Aether Biomachines, the company reindustrializing America by turning AI-designed proteins into real-world solutions, today announced an additional $15 million in funding led by Tribe Capital, with participation from new and existing investors including Natural Capital, Henkel Corporation, Resilience Reserve, Shrug Capital, 4DX Ventures, Unless Partners, and Radicle Impact. The round brings Aether’s total funding to $64 million. It’s been decades since the last in...
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Roboteon Announces Powerful, Certified Warehouse Automation Solution for Microsoft Dynamics 365
SAN JOSE, Calif.--(BUSINESS WIRE)--Roboteon announced today that it has achieved Microsoft Commercial Marketplace certification for its Robotics Fulfillment and Orchestration Platform...
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Anti Fund Closes Oversubscribed $30 Million Fund; Logan Paul joins as General Partner; Firm AUM Tops $65 Million
SAN FRANCISCO--(BUSINESS WIRE)--Anti Fund, co‑founded by Jake Paul and Geoffrey Woo, announces its over-subscribed $30 million Anti Fund I. With the close of Fund I, Anti Fund’s assets under management now exceed $65 million. Anti Fund today also names Logan Paul as General Partner. Logan is a global superstar, professional wrestler, and founder of PRIME, the world’s fastest growing beverage brand. Anti Fund concentrates its investments in artificial intelligence and robotics. The firm’s focus...
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Vicarious Surgical Announces Reduction in 2025 Cash Burn Outlook
WALTHAM, Mass.--(BUSINESS WIRE)--Vicarious Surgical Inc. (NYSE: RBOT, RBOT.WS) (the “Company”), a next-generation robotics technology company seeking to improve lives by transforming robotic surgery, today announced an update to full-year 2025 financial guidance. Vicarious Surgical now expects full-year 2025 cash burn of approximately $45 million, representing a $5 million improvement from its previous guidance of $50 million. The improved guidance reflects disciplined cost management initiativ...
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Uber and Avride Launch Robotaxi Rides in Dallas
SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) today announced that Dallas riders can now be matched with an Avride robotaxi, unlocking a brand-new way to ride with Uber. The service will be available throughout 9 square miles of Dallas–from Downtown to Uptown to Turtle Creek to Deep Ellum–with plans to expand the operating territory in the future. Here’s what you can expect when matched with an Avride robotaxi: Request your ride: Starting today, riders in Dallas who reque...