SEOUL, Nov. 10 (Korea Bizwire) – Korea Aerospace Industries Ltd. (KAI), South Korea’s sole aircraft manufacturer, said Monday it has been selected by U.S. defense giant Lockheed Martin Corp. as a partner to upgrade simulators for the Air Force’s KF-16 fighter jets. KAI will upgrade nine KF-16 simulators previously delivered to the Air Force to [...]
The funding round will enable Quino Energy to establish a manufacturing line, set up pilot demonstrations, and pursue a number of strategic partnerships across the globe SAN LEANDRO, Calif., Nov. 10, 2025 (Korea Bizwire) – Quino Energy, a company developing water-based organic flow batteries, has closed a $10M Series A funding round from Atri Energy Transition, [...]
HARTSVLLE, S.C., Nov. 10, 2025 (Korea Bizwire) – Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced it is consolidating its Metal Packaging and Rigid Paper Containers businesses under one structure based on two geographies – Consumer Packaging EMEA/APAC and the Americas. “Our Consumer Packaging segment [...]
HOUSTON, Nov. 10, 2025 (Korea Bizwire) – VoltaGrid LLC (“VoltaGrid” or the “Company”), a leading provider of modular, behind-the-meter power solutions for hyperscale data centers, industrial applications, and the energy sector, today announced that it has successfully closed a $5.0 billion comprehensive financing package, consisting of $2.0 billion of senior secured second lien notes due [...]
New research identifies the “growth tax” on companies due to enterprise software-induced complexity, which drains millions of dollars and costs employees nearly a full workday each week in lost productivity SAN MATEO, Calif., Nov. 10, 2025 (Korea Bizwire) – As businesses expand their technology stacks and operational processes, they face a hidden but pervasive challenge: [...]
The Lawsuit Seeks Redress for the Malicious and Transparently Self-serving Short Report that Defamed Datavault AI and its CEO and Caused Significant Harm to Datavault AI and its Shareholders PHILADELPHIA, Nov. 10, 2025 (Korea Bizwire) – via IBN – Datavault AI (Nasdaq: DVLT) (“Datavault”), a leader in data tokenization and management, today announced that it [...]
WAHU, China, Nov. 10, 2025 (Korea Bizwire) – The 2025 JETOUR Media Alliance (JMA) Tech Tour successfully concluded in Wuhu, Anhui Province. The event brought together representatives from leading automotive media worldwide at JETOUR’s headquarters. Through a series of technology immersions, workshops, and test drives, participants gained a systematic understanding of JETOUR’s latest advancements in [...]
New Holland wins ‘Best Specialized’ at Tractor of the Year 2026 Awards Hanover, November 10, 2025 CNH’s (NYSE: CNH) iconic agriculture brand New Holland has once again set the benchmark for excellence. The New Holland T4.120F Auto Command earned top honors in the Specialized category at the prestigious 2026 Tractor of the Year (TOTY) awards. The [...]
SEOUL, Nov. 10 (Korea Bizwire) – South Korean companies’ operating profitability relative to their assets has nearly halved over the past two decades, a report showed Monday. According to the report by the Korea Chamber of Commerce and Industry (KCCI), the operating return on assets (OROA) of the country’s top 1,000 companies by sales fell [...]
SEOUL, Nov. 10 (Korea Bizwire) — Hanwha Ocean Co. on Monday welcomed China’s decision to suspend its sanctions on U.S. subsidiaries of the South Korean shipbuilder for one year, also expressing hope for its improved ties with Chinese partners. “We welcome the Chinese government’s decision,” Hanwha Ocean said in a statement. “We hope our relationship [...]