This joint venture represents a precise integration of both parties' core strengths: Robo.ai will contribute local capabilities, support for regulatory approval and market access in the Middle East, and global market development, laying the foundation for RoVTOL's global operations. DUBAI, UAE, Sept. 10, 2025 /PRNewswire/ --Â Robo.ai Inc. (NASDAQ: AIIO), a Nasdaq-listed company, and Ewatt (Nanjing) Aerospace Technology Co., Ltd. ("Ewatt Aerospace") today officially announced the establishment of "RoVTOL", a ...

NANO Nuclear chosen to conduct a research, development, test and evaluation effort aimed at deploying a KRONOS MMR™ Energy System at Washington, D.C. military base. New York, N.Y., Sept. 09, 2025 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) announces it has been selected by AFWERX for a Direct to Phase II (D2P2) Small Business Innovation Research (SBIR) contract in the approximate amount of $1.25 million, focused on the KRONOS MMR™ Energy System to address the most pressing challenges in the D ...

Record Resources Forms Strategic Joint Venture with ReconAfrica to Enter Gabon, Africa, Acquiring Oil Development and Exploration Assets and Signs Production Sharing ContractSeptember 09, 2025 8:45 AM EDT | Source: Record Resources Inc.Calgary, Alberta--(Newsfile Corp. - September 9, 2025) - Record Resources Inc. (TSXV: REC) ("Record Resources" or the "Company") is pleased to announce that on September 8, 2025, it has formed a strategic joint venture with Reconnaissance Energy Africa Ltd. (TSX ...

NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds and affiliates have agreed to commit €3.2 billion of equity to a newly established joint venture with RWE, Germany’s largest power producer and a global leader in renewable power generation. The JV will be operationally controlled by RWE and hold and fund RWE’s 25.1% stake in Amprion, a Transmission System Operator (TSO) spanning across seven German federal states and serving approximately 29 million pe ...

Boston, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has formed a $1.5 billion joint venture with Davidson Kempner Capital Management LP (Davidson Kempner) and entered into a supporting lender finance facility with Wells Fargo Capital Finance (Wells Fargo). The increased capital base expands Gordon Brothers’ ability to provide tailored financing solutions to middle-market and large corporate companies across key sectors, including construction, manufacturing and transportati ...

Core Viewpoint - Ivanhoe Electric and Maaden have expanded their joint venture exploration efforts in Saudi Arabia by adding 1,345 square kilometers of new exploration licenses, enhancing their potential for mineral discoveries in the region [1][3]. Group 1: New Exploration Licenses - The new Musayna'ah Licenses cover 946 square kilometers and show strong Iron Oxide-Copper-Gold (IOCG) characteristics, indicating significant mineralization potential [2][3]. - The Mahd Area Licenses, totaling 399 square kilometers, are located adjacent to Maaden's Mahd Ad Dhahab gold mine, which has a long history of gold production and is known for its shallow gold mineralization [4][5]. Group 2: Exploration Technology and Strategy - The joint venture utilizes Ivanhoe Electric's Typhoon™ geophysical surveying technology, which has already surveyed approximately 510 square kilometers in 2025 and identified drill-ready targets [12][13]. - Plans for 2025 include an additional 4,000 meters of drilling and continuous surveying at the Wadi Bidah and Musayna'ah licenses, aiming to convert data into actionable exploration targets [12][14]. Group 3: Industry Context and Future Outlook - Saudi Arabia is positioned as a highly prospective area for mineral exploration, driven by its Vision 2030 initiative, which aims to make mining a key economic pillar [3][18]. - Maaden's commitment to expanding its mining operations aligns with the country's goal of developing the mining sector, which is expected to grow significantly over the next 18 years [18].

Core Points - NANO Nuclear Energy Inc. has been awarded a Direct to Phase II (D2P2) Small Business Innovation Research (SBIR) contract by AFWERX to explore the feasibility of deploying its KRONOS MMR™ Energy System at Joint Base Anacostia-Bolling in Washington, D.C. [1][3] - The contract, valued at approximately $1.25 million, will assess JBAB's energy demands, grid vulnerabilities, environmental considerations, and regulatory pathways for introducing a nuclear microreactor [3][4] - The KRONOS MMR™ is designed to deliver 15 MWe (45 MWth) of carbon-free power and features advanced safety mechanisms, including "walk-away safety" and "full island-mode microgrid" capability [4][6] Company Overview - NANO Nuclear Energy is focused on developing clean energy solutions and aims to become a diversified, vertically integrated company across five business lines, including microreactor technologies and nuclear fuel fabrication [9][10] - The company is recognized as a leader in bringing microreactors to the defense ecosystem, with the KRONOS MMR™ designed to protect critical missions in demanding environments [7][9] - NANO Nuclear is supported by Stonegardens Advisory LLC, which specializes in guiding advanced technologies into the defense sector [7] Industry Context - AFWERX, the innovation arm of the U.S. Air Force, has executed over 6,200 contracts worth more than $4.7 billion since its inception in 2019, highlighting the growing demand for next-generation nuclear solutions [8] - The KRONOS MMR™ project aligns with the Air Force's priorities to enhance energy resilience and reduce reliance on commercial grids, emphasizing the strategic importance of advanced nuclear technologies in military applications [3][7]

Group 1: Northrop Grumman Corporation (NOC) Contract - Northrop Grumman Corporation secured a contract valued at $99.1 million to support the Department of Defense's Combined Joint All-Domain Command and Control (JADC2) program [1][8] - The contract involves developing the Initial Providence Distributed Battle Management Command and Control System Minimum Viable Products, aimed at providing resilient, interoperable, and secure information dominance solutions [1] - The work related to the contract will be performed across multiple locations in the United States, with project completion expected by March 2028 [2] Group 2: C4ISR Market Growth - Global spending on advanced military systems, particularly Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) technologies, is rapidly increasing due to countries enhancing their defense capabilities [3] - Mordor Intelligence forecasts a compound annual growth rate of 3.2% for the global C4ISR market during the 2025-2030 period [3] - Northrop Grumman, as a prominent player in military-grade C4ISR technologies, has been delivering advanced networking capabilities for over 60 years [4] Group 3: Competitors and Market Position - Lockheed Martin Corporation provides advanced systems for surveillance, reconnaissance, and battle management, with a long-term earnings growth rate of 10.3% and a projected 4.6% year-over-year sales growth for 2025 [5][6] - RTX Corporation focuses on integrated defense systems and has a long-term earnings growth rate of 9.1%, with a 6.1% year-over-year sales growth forecast for 2025 [6][7] - General Dynamics Corporation offers advanced communication systems and ISR platforms, with a long-term earnings growth rate of 10.7% and a projected 7.2% year-over-year sales growth for 2025 [7][9] Group 4: Stock Performance - NOC shares have gained 23.5% in the past three months, outperforming the industry growth of 7.2% [10]

Core Points - Corewell Health and Quest Diagnostics have entered into a joint venture to enhance laboratory services in Michigan [1][4] - The joint venture, named Diagnostic Lab of Michigan, LLC, will establish a 100,000-square-foot laboratory facility featuring advanced technologies [2] - Quest will manage Corewell Health's 21 hospital labs and provide a range of laboratory management services [3][5] - The equity ownership of the joint venture will be 51% for Quest and 49% for Corewell Health [4] - The joint venture is expected to be completed in the first quarter of 2026, with the new laboratory operational by the first quarter of 2027 [5] Company Overview - Corewell Health is a not-for-profit health system with over 65,000 employees, including more than 12,000 physicians and 15,500 nurses [6] - Quest Diagnostics serves a significant portion of the U.S. population, providing diagnostic insights and laboratory testing services [7][8]

Core Insights - Blue Owl Capital has extended its partnership with Chirisa Technology Parks to support developments totaling $20 billion, which includes $4 billion for CoreWeave projects in Lancaster, Pennsylvania [1][3][4] - The Lancaster facility will be part of CoreWeave's network of AI data centers, aimed at building infrastructure for AI applications across critical economic corridors in the U.S. [2][6] - The partnership emphasizes sustainable development, with a focus on creating high-performance digital campuses that contribute to local economic growth and job creation [4][9] Company Developments - CoreWeave is rapidly expanding its infrastructure footprint, with nearly 1.6 GW under development in the U.S., positioning itself as a leading cloud infrastructure provider for AI workloads [12] - The Lancaster campus will utilize advanced technologies for energy efficiency, including proprietary infrastructure that is nearly twice as energy-efficient as traditional data centers [7][8] - The project will also involve a $200 million investment in local power grid improvements to enhance the electric grid's safety and efficiency in the Lancaster region [9] Strategic Partnerships - The collaboration between Blue Owl, Chirisa Technology Parks, and Machine Investment Group is designed to leverage each partner's strengths in funding, development, and operational expertise [4][13] - Machine Investment Group's focus on repurposing underutilized commercial properties aligns with the strategic goals of the partnership, enhancing the potential for successful project execution [4][13]