Anduril has become the poster child for a faster, software-speed kind of defence contractor. Last Friday, one of its rocket motors blew up on a test stand in Mississippi. The blast is a small setback [...]
The three-year deal aims to let drones from different manufacturers operate under one command system, a lesson the Netherlands says it has drawn from Ukraine. The Netherlands’ Ministry of Defence is [...]
China’s securities regulator has approved Unitree Robotics’ registration to list on Shanghai’s STAR Market, clearing the last formal hurdle before the humanoid robot maker can price and sell sha [...]
PDD Holdings posted adjusted quarterly earnings of 19.33 yuan per share against estimates of 18.51, with revenue up 8% to 112.4bn yuan, or $16.6bn, missing forecasts. Shares rose about 3.5% premarket [...]
Aptera has partnered with Shanghai’s Launch Design on a manufacturing programme worth up to $44mn, covering tooling, testing and pilot production. Aptera pays two-thirds of the costs, while its late [...]