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Coretura selection boosts QNX royalty backlog $100M+
Auto
— Sep 22, 2026
Coretura, the Daimler Truck–Volvo Group joint venture, selected QNX and Vector’s Alloy Kore as the safety-certified software foundation for its software-defined commercial-vehicle platform, marking Alloy Kore’s first design win. The platform is intended to simplify integration and speed development, while adding more than $100 million to QNX’s royalty backlog.
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Welspun Specialty Solutions posts Q1 profit, margins rise
Business
— Jul 21, 2026
Welspun Specialty Solutions posted Q1 FY27 revenue of about ₹194 crore and net profit of ₹5.16 crore, returning to profitability after a loss last year, aided by better operational efficiency and lower finance costs. Revenue dipped around 3-4% year-on-year to support EBITDA of ₹10.54 crore and expanded EBITDA margin to 5.4%, driven by stable demand in alloy and stainless steel for defense, energy, and heavy engineering sectors.
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Amaero Wins US DoW Contract for Refractory Powders
Business
— Jul 22, 2026
Amaero Inc. has won a A$6.5–6.51 million U.S. Department of War development contract to create alternative high-temperature refractory alloy powders, notably alternatives to Niobium C103, with a 13-month timeline through August 2027 and milestone-based monthly payments that will recognize most revenue in late 2026 and early 2027. The award underscores Amaero’s role in strengthening U.S. defence supply chains, validates its gas atomization capabilities, and follows a record revenue quarter and growing backlog that signal expanding demand for its titanium and refractory powders and PM-HIP manufacturing services.
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