Topic: manufacturing expansion
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Divergent Secures $290M to Boost Military Component Manufacturing
Divergent Technologies has raised $290 million, valuing the company at $2.3 billion, to scale production of military components like missile parts. The funding will expand its Los Angeles facilities and build a new factory in Oklahoma, using specialized 3D printing for up to 600 distinct parts. T...
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Defense Startup Mach Industries Secures $100M Led by Khosla, Bedrock
Defense tech startup Mach Industries raised $100M in funding, led by Khosla Ventures and Bedrock Capital, valuing the company at $470M. Founded by 19-year-old Ethan Thornton, Mach has grown rapidly to 140 employees and specializes in advanced weapons systems like drones and gliders. The company i...
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Group14 Raises $463M From Porsche, SK to Power EV Batteries
Group14 has secured a $463 million investment led by SK, with backing from Porsche and Microsoft, to scale up production of its silicon anode materials for advanced EV batteries. The company's silicon-based anode technology significantly boosts energy storage capacity and charging speed, addressi...
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Base Power Secures $1B to Expand Home Battery Deployment
Base Power secured a $1 billion Series C funding round, valuing the company at $3 billion, to accelerate its growth in the energy storage sector. The company leases home battery systems to Texas homeowners for a low upfront fee and a monthly service charge, bypassing high initial costs and offeri...
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BMW iX3: The New Class of Electric SUVs with Unmatched Range & Tech
BMW has unveiled the iX3, its first model on the Neue Klasse platform, featuring impressive range, rapid charging, and advanced software to compete in the electric vehicle market. The iX3 utilizes an 800-volt architecture for ultra-fast charging and new Gen6 batteries, offering over 400 miles of ...
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Defense Tech Startup Mach Industries Eyes $100M Funding Round
Mach Industries is close to securing a $100 million funding round led by Khosla Ventures and Bedrock Capital, potentially valuing the company at $470 million. Founded by 21-year-old Ethan Thornton, the startup specializes in advanced aerospace systems and has attracted notable investors like Sequ...
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Ex-Patagonia CEO Rose Marcario Leaves Rivian Board
Rose Marcario has resigned from Rivian's board to focus on other commitments, reducing the board from eight to seven members effective January 1. Her departure comes as Rivian prepares to launch its critical, more affordable R2 SUV in early 2026 and roll out new automated driving features. Marcar...
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