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Sweden Awards $570M Dredging Deal to Deepen Arctic Port

Sweden Awards $570M Dredging Deal to Deepen Arctic Port

Sweden has awarded a 570 million dollar dredging contract to Boskalis and Van Oord to deepen the Port of Luleå, a regional gateway to the Scandinavian Arctic on the Gulf of Bothnia. The Malmporten project will remove aro…

Fri Jul 03 20269 min
Rocket Lab to Acquire Iridium in $8 Billion Satellite Deal

Rocket Lab to Acquire Iridium in $8 Billion Satellite Deal

Rocket Lab has reached an agreement to acquire Iridium Communications in a cash-and-stock transaction that values the maritime satellite operator at an enterprise value of 8 billion dollars. The deal brings together Rock…

Fri Jul 03 20267 min
Kraken Robotics Closes $615M Covelya Group Acquisition

Kraken Robotics Closes $615M Covelya Group Acquisition

Kraken Robotics has completed its acquisition of Covelya Group for approximately 615 million Canadian dollars, expanding its position in the fast-growing defence and maritime surveillance market. The deal combines Kraken…

Fri Jul 03 20267 min
Rare Fungi Drive Rainforest Restoration on Palmyra Atoll

Rare Fungi Drive Rainforest Restoration on Palmyra Atoll

A new study has found that native rainforest restoration on the remote Palmyra Atoll depends on symbiotic mycorrhizal fungi that were previously overlooked. Researchers discovered that the atoll's native pisonia trees fo…

Fri Jul 03 20267 min
New Zealand Passes Offshore Wind Regulatory Framework Bill

New Zealand Passes Offshore Wind Regulatory Framework Bill

New Zealand has passed its Offshore Renewable Energy Bill, introducing a regulatory framework that the New Zealand Wind Energy Association describes as a significant milestone for the country's energy transition. The leg…

Fri Jul 03 20267 min
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