United States Technology

Paranovus Entertainment Technology (NASDAQ:PAVS) executed a non-binding letter of intent to acquire Jabanero for a proposed all-cash purchase price of $15 million to $20 million.

IREN (NASDAQ:IREN), a leading vertically integrated AI Cloud infrastructure provider, today announced the formal completion of its acquisition of Ingenostrum, S.L., widely known as Nostrum Group.

Coda Octopus Group (NASDAQ:CODA) reported its fiscal second-quarter 2026 financial results for the period ended April 30, 2026.

Honeywell (NASDAQ:HON) has greenlit a structural corporate split, separating its high-performing aerospace operations from its automation and software assets.

Comtech Telecommunications (NASDAQ:CMTL) executed a definitive agreement to divest the majority of its Satellite and Space Communications segment to Gilat Satellite Networks (NASDAQ:GILT) for $137.5 million in cash and secondary asset retentions, modifying its core operating structure.

Powerfleet (NASDAQ:AIOT) executed an agreement for a five-year contract in South Africa with an anticipated total value of $100–$120 million as it reported an 11% increase in fourth-quarter revenue to $114.5 million.

Comtech Telecommunications (NASDAQ:CMTL) reported its financial performance for the third quarter ended April 30, 2026, delivering net sales of $106 million.

Teledyne FLIR Defense, an operating division of Teledyne Technologies Incorporated (NYSE:TDY), introduced its new Black Recon autonomous micro-drone system at the Eurosatory defense exhibition in Paris.

Baidu (NASDAQ:BIDU) announced that AmiGo, an on-demand autonomous mobility service developed through its Apollo Go intelligent driving division in partnership with Swiss Post's PostBus, has secured a special operating permit from Switzerland’s Federal Roads Office (FEDRO) for highly automated (Level 4) operations.

SharonAI Holdings (NASDAQ:SHAZ) announced a major six-year strategic compute collaboration with NVIDIA (NASDAQ:NVDA) to massively scale sovereign artificial intelligence infrastructure across Australia.

Vertiv Holdings (NYSE:VRT) has finalized its acquisition of ThermoKey, a specialized European manufacturer of heat-rejection and heat-exchange systems, directly expanding its critical digital infrastructure portfolio.

Alibaba Group Holding (NYSE:BABA) has submitted a $1.5 billion proposal to acquire Chinese grocery delivery company Pupu, sparking an aggressive bidding war as part of a strategic offensive to capture local digital commerce market share from its primary online services rival, Meituan.