Amazon Deepens Ties with Electrovaya: $280M Battery Deal and Potential 20% Stake
Electrovaya signs commercial agreement with Amazon to supply Infinity batteries for warehouses and material handling.
Electrovaya signs commercial agreement with Amazon to supply Infinity batteries for warehouses and material handling.
June deliveries reached 64 aircraft amid rising 737 MAX output.
The combat-proven ISR drone is now cleared for easier procurement by U.S. government and military customers.
Includes Erinyes, Zeus, and Oriole technologies as the company accelerates high-speed defense capabilities.
IBM cut its Q2 revenue and earnings forecast as AI spending shifts hurt traditional software and services. CEO admits slow adaptation to market changes.
Expected to deliver ~$330M annual NOI as the company pivots strongly into AI data centers.