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Axiom Space Raises $130 Million in Series B Funding

The new financing will accelerate the growth of Axiom's workforce and construction of its privately developed space station.
Axiom Space, Inc., which is developing the world's first commercial space station, has raised $130 million in Series B funding.
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Electronics_Generic

New Defense Electronics Group Invites Industry Participation

The U.S. Partnership for Assured Electronics was established in 2020 with a mission to ensure the U.S. government has access to resilient and trusted electronics supply chains.
The U.S. Partnership for Assured Electronics (USPAE) is inviting electronics manufacturers and related companies to participate in its programs, highlighting the opportunities to collaborate with industry peers and the U.S. government.
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Henkel and NC State

Henkel and North Carolina State University Enter Research Partnership Focused on Power Electronics

Henkel will leverage services from NC State’s Packaging Research in Electronic Energy Systems (PREES) lab facilities as part of the agreement.
Henkel and North Carolina State University's Future Renewable Electric Energy Delivery and Management (FREEDM) Systems Engineering Research Center recently announced a new partnership agreement designed to study the impact of materials technology on power electronics applications.
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acquisitions_mergers_puzzle

PPG Completes VersaFlex Acquisition

VersaFlex is an aggregation of four U.S.-based protective coatings companies, consisting of legacy VersaFlex, Raven Lining Systems, Milamar Coatings, and Specialty Products Inc.
PPG recently announced that it has completed its acquisition of VersaFlex from DalFort Capital Partners.
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3M to Invest $1 Billion to Achieve Carbon Neutrality, Reduce Water Use, and Improve Water Quality

3M is aiming for a 50% reduction in carbon emissions by 2030, an 80% reduction by 2040, and 100% carbon neutrality in its operations by 2050.
3M recently announced it expects to invest approximately $1 billion over the next 20 years to accelerate new environmental goals: achieve carbon neutrality by 2050, reduce water use by 25% at its facilities, and return higher quality water to the environment after use in manufacturing operations.
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Headlines 3

Sheahan to Succeed McHale as Graco President and CEO

McHale will step down from his CEO and board positions on June 10, 2021, but will remain with Graco Inc. through September 15, 2021, to assist with the leadership transition.
Graco Inc. recently announced that Mark W. Sheahan has been appointed president and CEO of the company effective June 10, 2021, succeeding Patrick J. McHale, who announced plans to retire from the company.
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headlines and news

ASC, CATIA, and FEICA Announce Revisions to Joint Adhesives and Sealants Classification Manual

Readers of industry market reports from ASC, FEICA, and CATIA will now be able to refer to harmonized definitions and compare industry market data between North America, the European Union, and Asia.
The Adhesive and Sealant Council, FEICA, and the China Adhesives and Tape Industry Association have partnered to update and harmonize adhesive and sealant industry terms, definitions, and market segmentation published in the "ASC-CATIA-FEICA Adhesives and Sealants Classification Manual."
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