August 2021 Guest Opinion: Location-Based Automation- Why a Digital Twin of Moving Things is the Missing Piece for Successful Industrial Automation

August 27, 2021 This article outlines why the promising concept of the digital twin has often fallen short of its goal of end-to-end automation and connectivity. It argues that to achieve a full digital transformation, companies need to equip their digital twins with precise location-based data of all moving assets on the shop floor and…

Swedish EV-maker Polestar reportedly preparing to go SPAC at $21B valuation – TechCrunch

Swedish electric vehicle maker Polestar is reportedly preparing to go public via special purpose acquisition with Gores Guggenheim Inc., reports the Wall Street Journal citing people familiar with the matter. The SPAC deal, which sources say could be reached by Monday, would value Polestar at $21 billion. Polestar falls under Volvo Car Group’s electric performance…

Swedish EV-maker Polestar reportedly preparing to go SPAC at $21B valuation – TechCrunch

Swedish electric vehicle maker Polestar is reportedly preparing to go public via special purpose acquisition with Gores Guggenheim Inc., reports the Wall Street Journal citing people familiar with the matter. The SPAC deal, which sources say could be reached by Monday, would value Polestar at $21 billion. Polestar falls under Volvo Car Group’s electric performance…

Singapore-based logistics startup Ninja Van secures $578M Series E – TechCrunch

Ninja Van, a Singapore-based logistics startup, has closed a $578 million Series E round to support its operations infrastructure and technology systems growth. Investors include China’s Alibaba Group as well as existing investors DPDgroup’s GeoPost, Facebook co-founder Eduardo Savering’s B Capital Group, Monk’s Hill Ventures, and Zamrud, a sovereign wealth fund controlled by Brunei, based on its…