Xerium Technologies Says It’s the Future of Payment Technology

Posted October 25, 2018 09:14:00Xerium, the world’s largest company in the production of high-strength magnetic film, has announced a new project called XERIUM: The Future of Payments Technology.The project is a joint venture between Xero and Nhtsa.The team behind the project says XERII is a new generation of magnetic tape that is resistant to cracking […]

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Covalon Technology, Inc. wins $25M contract to supply batteries for electric vehicles

Covalo Technology, a California-based startup that makes batteries for the electric vehicle industry, is set to receive $25 million in a government-backed contract, bringing its total annual revenue to $35 million, according to a filing Thursday with the Federal Aviation Administration.The award, for the company’s next generation battery, is worth $4.2 million, including $1.1 million […]

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