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29°
Friday, dec 27
Tag:
Innovation
Business
Nissan, Honda Eye Potential Merger
Two of the world's biggest automakers may soon become one. Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have signed a memorandum of understanding (MOU) to discuss a potential merger aimed at revolutionizing the future of mobility and electrification. Announced on Monday, Dec. 23, the goal is to establish a joint holding company that could significantly impact the automotive landscape, and potentially make the combined corporation the world's third-largest auto manufacturer. The merger aims to accelerate initiatives for carbon neutrality and zero traffic fatalities by pooling reso…
Business
$18.5M Aerospace Innovation Center Planned Near Atlantic City International Airport
A new facility near the Atlantic City International Airport focusing on aerospace innovation will be the first of its kind in New Jersey, officials said. The $18.5 million Aerospace Innovation Center (AIC) will be built in the National Aerospace Research & Technology Park (NARTP) in Egg Harbor Township, Gov. Phil Murphy announced in a news release on Tuesday, June 11. It will be the state's fifth strategic innovation center and the first dedicated to aerospace. The AIC will have space for aerospace research, high-speed connectivity with the data systems and labo…