The prestigious award recognizes Elevāt’s leadership in delivering enterprise-scale IoT solutions that drive measurable outcomes for off-highway equipment manufacturers, fleet operators, and service providers. Elevāt’s platform—deployed across tens of thousands of machines globally—empowers OEMs to optimize uptime, streamline diagnostics, and unlock new service revenue through real-time machine data and AI-powered insights.

Compass Intelligence’s Spring Technology awards honor companies and executives demonstrating excellence and vision across the connected technologies ecosystem. Winners are selected by a panel of analysts, editors, journalists, marketing, and industry influencers.

The award recognizes Elevāt’s ongoing efforts to expand its global reach and support industrial OEMs with connected machine solutions. The company currently has thousands of machines in operation worldwide, contributing to the development of enterprise-level machine connectivity and digital services.

For more information, visit elevat-iot.com.

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Additionally, KDDI and AMD will undergo validation and testing efforts to further enhance KDDI 5G core networks. As technology partners, the two companies aim to contribute to the improvement of the KDDI customer experience and the development of energy efficient solutions to power 5G network and next-gen communication infrastructure in the era of AI.

For more information, visit amd.com.

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Rescale’s early investors include Sam Altman, Jeff Bezos, Paul Graham, and Peter Thiel. The company is on a mission to empower the world’s leading engineers and R&D teams with advanced computing, intelligent data management, and applied AI.

In response to greater demand for new innovative products, enterprises are increasing their investments in technologies that expedite time to market. High-performance computing has grown to a $50 billion market, product lifecycle data management a $30 billion market, and simulation software a $20 billion market. With the growing adoption of these solutions in the enterprise, teams are challenged to integrate the increasingly complex stack of software, hardware, and data systems into a unified control plane and user experience. Further, applied AI solutions are advancing rapidly, but most organizations lack a cohesive platform to embed these capabilities into the analysis, modeling, and simulation workflows for physics, chemistry, and biology. Rescale offers a comprehensive platform for integrating compute, data, and AI capabilities into a seamless experience, enabling organizations to focus on innovation and discovery. 

Rescale is trusted by industry leaders advancing the frontier in aerospace, automotive, energy, life sciences, manufacturing, public sector, and semiconductors. The company’s hundreds of enterprise customers — which include Arm, General Motors Motorsports, Samsung, SLB, and the U.S. Department of Defense — spend over $1 billion annually in high-performance computing infrastructure to power their virtual product development and scientific discovery environments. Rescale supports a diverse array of mission-critical use cases, such as accelerating drug development through molecular analysis, optimizing aircraft aerodynamics and enhancing automotive safety through crash simulations. Rescale enables innovators and scientists to bring more advanced products to market with greater efficiency.

Rescale’s new funding will expedite growth of its comprehensive digital engineering platform for advanced computing, intelligent data, and applied AI. To support the increasing demand for its platform, Rescale is accelerating the delivery of its roadmap including:

• Expanding the range of new workflows and computing technologies available to its customers; growing its market-leading library of over 1,250 applications and global network of more than 500 cloud datacenters with its technology partners such as AMD, Amazon Web Services, Arm, Intel, Microsoft Azure, NVIDIA, and Oracle Cloud Infrastructure. 
• Establishing unified data fabric and digital thread capability for all modeling and simulation workflows, along with AI-native search, tagging, and automation; while expanding on robust enterprise security and compliance offerings, including additional authorizations for government and defense customers. 
• Empowering industrial enterprises for the next era of AI-powered engineering, enabling organizations to democratize and automate the use of industry-leading AI Physics tools and libraries, resulting in over 1000x speed improvements in design validation.

Rapid advancements in AI technologies are changing how every organization seeks to gain a competitive edge. Rescale’s digital engineering platform is reimagining modeling and simulation for the AI era. Rescale’s cloud-native technologies provide enterprises with agility and automation that fundamentally advance product development and scientific discovery.

For more information, visit rescale.com.

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Autodesk and Starboard have entered into an Information Sharing and Discussion Agreement to facilitate ongoing collaboration towards the goal of driving sustainable value creation for all shareholders.

In addition to the board appointments, as part of the cooperation agreement, Starboard will withdraw its director nominees and has agreed to customary standstill, voting and other provisions.

For more information, visit autodesk.com.

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Faraday’s FlashKit-22RRAM platform is an energy-efficient SoC platform implemented on UMC’s 22ULP process technology, supporting both Arm Cortex-M7 and the VeeR EH1 RISC-V processors. It features multiple systems, analog, and interface blocks as well as eNVM and the QuickLogic eFPGA IP for post-tape-out customization. The FlashKit platform series is tailored for system companies designing AIoT, consumer, and industrial applications, where integration and performance efficiency is required. The SoC in the FlashKit platform includes all the building blocks IoT system developers would use in their own SoC. Furthermore, the FlashKit platform enables users to make architectural tradeoffs between functions implemented on different subsystems – from software on processors to RTL on eFPGA to hard logic.

With the inclusion of QuickLogic’s well-established and silicon-proven eFPGA technology, FlashKit now enables customers to adapt hardware functionality post-silicon, significantly reducing time-to-market while extending product lifecycles through field upgradability.

QuickLogic’s eFPGA IP offers a scalable architecture and is built on open-source toolchains, empowering developers with a high degree of design freedom. The addition of this reconfigurable logic within the FlashKit platform lets Faraday customers optimize power, performance, and area (PPA) for their unique workloads — an essential advantage for edge AI and real-time sensor fusion applications.

For more information, visit quicklogic.com.

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Boeing will retain core digital capabilities that harness both aircraft and fleet-specific data to provide commercial and defense customers with fleet maintenance, diagnostics and repair services. This digital expertise will continue to provide predictive and prognostic maintenance insights.

Approximately 3,900 employees around the globe work in Boeing’s Digital Aviation Solutions organization, which includes elements of the business remaining within Boeing and those included in the sale. Boeing is working with Thoma Bravo to help ensure as seamless of a transition as possible for employees while continuing to meet the needs of customers in accordance with all obligations.

The transaction is expected to close by the end of 2025 and is subject to regulatory approval and customary closing conditions.

Citi is acting as exclusive financial advisor to Boeing, and Mayer Brown LLP is acting as outside counsel. Kirkland & Ellis LLP is acting as legal counsel to Thoma Bravo.

For more information, visit boeing.com.

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Simatic AX software capabilities are also available to customers for programming and maintaining Siemens PLCs (programmable logic controllers) – which reduces time-to-market, increases product quality, and enhances the maintainability of the control software. The offerings will be available on the Siemens Xcelerator Marketplace.

The collaboration between Siemens and Koenig & Bauer is enabling the development of a seamless combination of hardware and software functionalities and the collection and evaluation of detailed machine data on the condition of machine components. This will ultimately increase flexibility, efficiency, and competitiveness for the printing press industry.

For more information, visit siemens.com.

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Like the 3DP OsteoFab technology for patient-matched CMF and standard-sized spinal implants, OPM’s personalized OsteoFab-Rx devices provide the following key benefits: metal-free & bone-like mechanics, biocompatability, inherent bacteriostatic properties, osseointegration, and modifiability in the O.R. Adoption of the OsteoFab-Rx line in the U.S. has been swift, with case volume increasing four-fold in 2024 as surgeons in the U.S. incorporate OPM’s personalized solutions as the metal-free option for their practices.

Under this new agreement, Sovereign Medical will leverage its extensive regulatory expertise and established relationships with UK medical centers to facilitate the import and distribution of OPM’s OsteoFab-Rx products throughout the United Kingdom. This partnership will ensure that OPM’s cutting-edge medical solutions are accessible to a broader patient population, enhancing the quality of care and improving patient outcomes.

Look for additional announcements of international distribution partnerships for OPM’s OsteoFab technology in the months to come.

For more information, visit oxfordpm.com.

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Neutral-atom quantum computers offer significant advantages in scalability due to their capacity for high integration and through the use of optical tweezers for flexible control of atom arrangement. However, the number of quantum bits (qubits) that can be controlled in a single system is physically limited by constraints such as the space available for atom arrangement. To realize large-scale quantum computing on a practical basis, new technology is needed to interconnect multiple quantum computers and thereby effectively expand the number of qubits.

In this joint demonstration, a photonic quantum interface will be developed by leveraging Mitsubishi Electric’s advanced qubit control technologies and NanoQT’s technology, which combines Yb atoms and nanofiber cavities, aiming to demonstrate technology for high-efficiency interconnection between neutral Yb atom quantum computers. The goal is to create an atom-photon interface that enables highly efficient interconnections between neutral-atom quantum computers. Nanofiber cavities will be used to enhance atom-photon interactions that will significantly increase the efficiency of generating quantum entanglement, which is essential for inter-quantum computer communication. In addition, by storing multiple Yb atoms in nanofiber cavities, the project will parallelize entanglement sharing. These achievements, combined with Mitsubishi Electric’s qubit control technologies, are expected to realize high-speed, large-capacity communication between quantum computers.

The interconnection of multiple quantum computers will dramatically increase computing power and potentially revolutionize fields such as drug discovery, the development of innovative functional materials, and aerodynamic simulations critical to aircraft and automobile design. Mitsubishi Electric and NanoQT aim to quickly complete a prototype and establish fundamental technologies required for large-scale quantum computing.

For the full text, please visit MitsubishiElectric.com/news/.

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Mike Greening, Head of Project Delivery US at Genentech, has joined as a founding IOF member. 

When dealing with the AEC industry , owners often experience limited visibility, misaligned incentives, and disconnected workflows that result in cost overruns, schedule delays, and inconsistent project outcomes. The IOF champions a technology-forward, AI-enabled delivery model that connects project data from design through operations, improves transparency, rethinks scheduling and coordination, and positions firms to take advantage of the unprecedented wave of new technology ahead.

The IOF is organized around four key pillars:

1. Peer-to-peer perspectives: Owners engage in structured, candid dialogue, sharing challenges, successes, and practical strategies.
2. Research-driven data: Member-driven insights are synthesized into case studies, white papers, and practical implementation frameworks.
3. Technology evaluation: Leading tech founders are invited to demo products, which members evaluate for real-world impact on automation, coordination, and efficiency.
4. Ongoing exchange: In-person events, virtual sessions, and working groups maintain a steady rhythm of learning, collaboration, and knowledge-sharing.

To support this initiative, KP Reddy Co. has assembled a leadership team of experienced research advisors:

• Hope Alexander, senior advisor
  Hope Alexander joins IOF with more than two decades of leadership across global architecture, engineering, and construction firms. She has held executive roles at Burns & McDonnell and BE&K Building Group, where she led strategic initiatives in biotech, pharmaceutical, advanced manufacturing, and other sectors. Prior to that, she served in executive roles at Gehry Technologies (a subsidiary of Gehry Partners) and AECOM/McClier.
• Zigmund Rubel, FAIA, senior research advisor, Design Vertical
  A recognized leader in design innovation and integrated project delivery, Zig Rubel brings decades of experience transforming healthcare and advanced facility projects nationally and internationally. Previously, he was CEO of Forsight Digital, chief of Building Sciences at Aditazz, and a principal at Anshen + Allen Architects. His pioneering work applies modern technologies, lean principles, and collaborative processes to streamline project lifecycles and deliver exceptional results. Rubel holds multiple U.S. patents in building products and software, reflecting his passion for innovation.
• Frank Thalakotur, PE, senior research advisor, Engineering Vertical
  Frank Thalakotur is an MEP engineer with extensive executive experience in healthcare-focused engineering and project management. He previously served as vice president, Projects Healthcare at JLL, Director of Healthcare at Vanderweil Engineers, and spent several years at WSP/AKF managing complex hospital and lab renovations. His career began at SmithGroup, where he specialized in HVAC engineering for healthcare projects, utilizing lean principles and advanced pharmacy design.
• David Niewiadomski, senior research advisor, Construction Vertical
  David Niewiadomski joins IOF with 15 years of construction management expertise. At Turner Construction Company, he standardized processes and utilized AI and Machine Learning to improve workflows, budgets, and schedules. He has also held leadership roles at Commodore Construction Corp., Tucker Development Corporation, PCI, and RG Construction Services. He will spearhead research into advanced construction technologies that promise to improve project execution and boost productivity.
• Ted Kenney, senior research Aadvisor, BPM Vertical
  Ted Kenney previously shaped industry strategies at Conspectus and fostered partnerships at Anguleris, leveraging platforms like BIMsmith Market and Swatchbox to connect BPMs with design professionals. He also worked at Deltek, collaborating with ENR top 250 firms on specification solutions. At IOF, he will focus on bridging communication between BPMs and owners, ensuring mutual alignment on project specifications, timelines, and goals.

The IOF will hold its inaugural meeting on May 20 in Atlanta.

For more information, visit kpreddy.co.

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