Innovation

Nagarro: Interview With Head Of North America Steve Hochman About The Technology Consulting Company

By Amit Chowdhry ● Jul 20, 2026

Nagarro is a global digital engineering and technology consulting company that specializes in custom software development, AI transformation, and IT consulting to help enterprises solve complex business challenges. Pulse 2.0 interviewed Nagarro Head of North America Steve Hochman to learn more.

IREN Signs $2.8 Billion In AI Cloud Contracts And Raises 2026 ARR Target To Over $4 Billion

By Amit Chowdhry ● Jul 20, 2026

IREN Limited announced $2.8 billion in new multiyear cloud services contracts with leading artificial intelligence developers and increased its year-end 2026 AI Cloud annualized run-rate revenue target from $3.7 billion to more than $4 billion.

EVI Industries To Acquire Sudsies And Launch Consumer Garment Care Division

By Amit Chowdhry ● Jul 20, 2026

EVI Industries has entered into a definitive agreement to acquire Sudsies, a Miami-based luxury garment care company. The transaction will establish the foundation of EVI’s new consumer garment care services division and mark its first dedicated expansion beyond commercial laundry distribution and services since launching its current growth strategy in 2016.

GE Aerospace And NASA Demonstrate Megawatt-Class Hybrid-Electric Aircraft Above 30,000 Feet

By Amit Chowdhry ● Jul 20, 2026

NASA and GE Aerospace have completed a public flight demonstration of a megawatt-class hybrid-electric propulsion system designed to inform the development of more fuel-efficient aircraft. The system was installed on a Saab 340B aircraft and flown during the Farnborough International Air Show in the United Kingdom.

Nextpower Completes Prevalon Acquisition, Adds 6 GWh Energy Storage Portfolio

By Amit Chowdhry ● Jul 20, 2026

Nextpower has completed its acquisition of Prevalon Energy, a U.S.-based provider of large-scale battery energy storage systems, power stabilization technology and lifecycle services. Financial terms of the transaction were not disclosed.

Google Threat Intelligence Makes Agentic AI Capabilities Generally Available

By Amit Chowdhry ● Jul 20, 2026

Google Threat Intelligence has moved its agentic AI capabilities from public preview to general availability for Enterprise and Enterprise+ customers. The release is designed to help security teams automate complex cyber defense workflows and use specialized threat intelligence more efficiently.

Neo Raises $100 Million To Secure Agentic AI Software Across Enterprises

By Amit Chowdhry ● Jul 20, 2026

Neo has emerged from stealth with $100 million in funding to build security and control infrastructure for agentic software. Andreessen Horowitz and Bessemer Venture Partners led the investment, with participation from Craft Ventures and Merlin Ventures.

Delen Private Bank To Acquire Van Lawick & Co., Bringing Dutch AUM Above €5.5 Billion

By Amit Chowdhry ● Jul 20, 2026

Delen Private Bank has agreed to acquire 100% of Van Lawick & Co., a wealth management firm based in The Hague. The transaction supports Delen’s strategy of expanding its position in the Dutch wealth management market. The transaction is expected to close later in 2026, subject to customary regulatory approvals.

Enlightenment Capital Invests In Quorum To Expand Agentic AI For Government Affairs

By Amit Chowdhry ● Jul 20, 2026

Enlightenment Capital has made a strategic investment in Quorum, an AI-powered government affairs software provider used by more than 2,000 organizations. Financial terms of the transaction were not disclosed.

Truelink Capital Acquires Lyons Magnus From Paine Schwartz Partners

By Amit Chowdhry ● Jul 20, 2026

Truelink Capital has completed its acquisition of Lyons Magnus from Paine Schwartz Partners. Financial terms of the transaction were not disclosed.

Zurn Elkay Water Solutions To Acquire Intellihot And Enter High-Efficiency Water Heating Market

By Amit Chowdhry ● Jul 20, 2026

Zurn Elkay Water Solutions has signed an agreement to acquire Intellihot, a privately held provider of tankless water heating systems for commercial and institutional buildings. Financial terms of the transaction were not disclosed.

Magnolia Oil & Gas To Acquire WildFire Energy For $4.06 Billion And Raise Dividend 9%

By Amit Chowdhry ● Jul 20, 2026

Magnolia Oil & Gas has agreed to acquire WildFire Energy for approximately $4.06 billion, including WildFire’s debt and subject to customary purchase price adjustments. Magnolia’s board unanimously approved the transaction, which is expected to close late in the third quarter of 2026.

Archer And Anduril Unveil Autonomous Hybrid-Electric VTOL Platform For Defense And Commercial Applications

By Amit Chowdhry ● Jul 20, 2026

Archer Aviation and Anduril have unveiled a jointly developed autonomous vertical takeoff and landing aircraft platform designed for defense and commercial applications. The companies also introduced Thunder, a defense-focused variant intended to support current and next-generation crewed attack and assault aircraft.

GoldenTree Closes Oversubscribed $2.75 Billion Private Credit Fund II

By Amit Chowdhry ● Jul 20, 2026

GoldenTree Asset Management has closed its second private credit fund at its $2.75 billion hard cap. The oversubscribed fund attracted commitments from institutional and private wealth investors across the United States, Europe, Asia and the Middle East.

Pelican Energy Partners Acquires Riggins Company To Expand Nuclear Naval Shipbuilding Capacity

By Amit Chowdhry ● Jul 20, 2026

Pelican Energy Partners has acquired Riggins Company, a provider of engineered metal fabrication and custom components for the U.S. Navy and its shipbuilding partners. Financial terms of the transaction were not disclosed.

Evergreen’s Pine Services Group Acquires Datel To Support Next Phase Of Growth

By Amit Chowdhry ● Jul 20, 2026

Evergreen’s Pine Services Group has acquired Datel, the United Kingdom’s largest and longest-established Sage business partner. The transaction gives Datel access to long-term investment and strategic support while allowing the company to preserve its independence, culture and 45-year operating history.

Aqualis Partners Names Hong Pan And Steve Talbot As Partners

By Amit Chowdhry ● Jul 20, 2026

Aqualis Partners has named Hong Pan and Steve Talbot as partners, reuniting a longtime private equity secondaries investment team. Both executives previously worked with Aqualis founder and Managing Partner Cari Lodge at CF Private Equity for more than 12 years.

Eurofins To Acquire Element Materials Technology’s North American Life Sciences Testing Business For $400 Million

By Amit Chowdhry ● Jul 20, 2026

Eurofins Scientific has agreed to acquire Element Materials Technology’s Life Sciences Testing Services business in North America for an enterprise value of $400 million. The transaction is expected to close during the fourth quarter of 2026, subject to regulatory approvals and other customary conditions.

Parsons Wins $33 Million Contract To Modernize New York’s Intelligent Transportation System

By Amit Chowdhry ● Jul 20, 2026

Parsons has received a $33 million contract from the New York State Department of Transportation to deploy a statewide transportation systems management and operations platform. The award covers the implementation of Parsons’ iNET intelligent transportation software, along with design, development, integration, testing, operations and maintenance services.

Prysmian Signs Up To €5.5 Billion Molex Agreement And Invests €1.25 Billion To Expand Data Center Capacity

By Amit Chowdhry ● Jul 20, 2026

Prysmian has signed a long-term agreement worth up to €5.5 billion with Molex to supply optical cables used inside data centers. The agreement can run for up to 10 years and includes a €550 million upfront payment.

Jersey Mike’s Launches IPO For Up To $1.25 Billion At $21 To $25 Per Share

By Amit Chowdhry ● Jul 20, 2026

Jersey Mike’s Subs has launched the roadshow for its proposed initial public offering of Class A common stock. The fast-casual restaurant chain plans to list its shares on the New York Stock Exchange under the ticker symbol “JMKE.”

IndiGo Selects Honeywell Aerospace Systems For 810 Airbus A320neo Family Aircraft

By Amit Chowdhry ● Jul 20, 2026

IndiGo has selected Honeywell Aerospace to provide avionics, auxiliary power units and long-term support for 810 new Airbus A320neo family aircraft. Honeywell described the agreement as the largest new-aircraft selectable equipment and services contract in its commercial aviation history.

Hut 8 Secures Second $9.8 Billion AI Data Center Lease, Bringing Beacon Point Contract Value To $19.6 Billion

By Amit Chowdhry ● Jul 20, 2026

Hut 8 has signed a second 15-year lease valued at $9.8 billion for 352 megawatts of information technology capacity at its Beacon Point AI data center campus in Nueces County, Texas. The agreement fully commercializes the one-gigawatt campus and increases its total base-term contract value to $19.6 billion.

Kraken Robotics Announces $35 Million In New Orders, Bringing 2026 Product Orders To $327 Million

By Amit Chowdhry ● Jul 20, 2026

Kraken Robotics has secured $35 million in new product orders from customers across maritime defense, offshore energy and ocean science. The orders cover navigation and positioning systems, multi-aperture sonar, monitoring equipment and Kraken’s synthetic aperture sonar technology.

SpaceX Targets July 23 Launch For Starship’s Thirteenth Flight Test With Starlink V3 Satellites

By Amit Chowdhry ● Jul 20, 2026

SpaceX is preparing to launch Starship’s thirteenth flight test as early as July 23, 2026. The 90-minute launch window is scheduled to open at 5:45 p.m. Central Time, although the timing could change because of weather, technical conditions or other factors affecting developmental testing.

Mubadala Capital Signs Tender Offer Agreement To Acquire Pierre & Vacances At €1.90 Per Share

By Amit Chowdhry ● Jul 20, 2026

Mubadala Capital has signed an agreement setting the terms of its proposed acquisition of Pierre & Vacances through an all-cash voluntary tender offer. The transaction would be completed through MC Pomona Bidco, a special-purpose vehicle controlled by Mubadala Capital.

Impinj: Interview With SVP Of Marketing And Market Development Suresh Palliparambil About The RFID Company

By Amit Chowdhry ● Jul 20, 2026

Impinj manufactures RAIN RFID tag chips, readers, and software that wirelessly connect everyday physical items such as retail apparel, medical supplies, and luggage—to the internet, allowing businesses to track, locate, and authenticate their inventory in real-time. Pulse 2.0 interviewed Impinj SVP of Marketing and Market Development Suresh Palliparambil to learn more.

CuspAI Raises $450 Million Series B At $2.6 Billion Valuation To Discover New Materials

By Amit Chowdhry ● Jul 20, 2026

CuspAI has raised $450 million in Series B funding to expand its artificial intelligence platform for discovering new materials. The financing values the British startup at approximately $2.6 billion. Kleiner Perkins and New Enterprise Associates co-led the round, with significant participation from Jeff Bezos’ investment firm, Bezos Expeditions. Other investors included Glade Brook Capital Partners, Lux Capital, AMD Ventures, Tru Arrow Partners, StepStone, the U.K.’s Sovereign AI Venture Fund, Invest-NL and John Doerr.

Samsung Biologics To Acquire PolyPeptide For CHF 1.46 Billion

By Amit Chowdhry ● Jul 20, 2026

Samsung Biologics has launched an all-cash public tender offer to acquire PolyPeptide Group for approximately CHF 1.46 billion. The proposed transaction would expand Samsung Biologics into peptide-based active pharmaceutical ingredients and strengthen its manufacturing presence across the United States, Europe, and India.

Lakestar Closes $300 Million Resilience I Fund For European Defence And Dual-Use Technology

By Amit Chowdhry ● Jul 20, 2026

Lakestar has closed its first dedicated resilience fund with $300 million in commitments to invest in defense and dual-use technology companies across Europe and NATO-allied markets. The oversubscribed fund attracted demand exceeding its original target.