Industry News

Alabama is poised to secure nearly $119.4 million in military funding under the 2026 Military Construction, Veterans Affairs, and Related Agencies (MilCon-VA) Appropriations Act, a bill championed by U.S. Senator Katie Britt. This legislation, which

Google Cloud’s recent announcement of an additional $10 billion in capital expenditures, bringing its total for the year to $85 billion, signals a seismic shift in the tech industry’s approach to cloud infrastructure and AI development. This move, re

In a move that underscores the growing synergy between China’s new energy sector and its smart manufacturing hubs, Mirattery, a battery asset management company backed by NIO and CATL, has deepened its strategic ties with Wuhan’s Optics Valley and Hu

Trimble Inc. (TRMB) has long been a pioneer in industrial technology, but its recent partnership with APEX Technologies represents a masterstroke in unlocking the $10.34 billion civil construction technology market by 2030. This collaboration with AP

The global lodging construction and renovation market is poised for exponential growth, with projections indicating it will expand from USD 659.7 billion in 2025 to USD 1.36 trillion by 2034, at a CAGR of 8.5%. This surge is driven by a convergence o

The construction industry is on the cusp of a seismic shift, as Bedrock Robotics, a San Francisco-based startup, has burst onto the scene with an $80 million infusion of capital. This significant funding, comprising both Seed and Series A rounds, is

Toyota’s recent announcement of a $50 million investment in the Arizona Proving Grounds is more than just a corporate expansion—it’s a strategic move that underscores the automotive giant’s commitment to innovation, sustainability, and economic growt

Iceland’s bold move to negotiate a Security and Defense Partnership with the European Union in 2025 is more than a geopolitical shift—it’s a clarion call for investors to capitalize on a burgeoning market ripe with opportunities in infrastructure, de

The construction software market is on the cusp of a transformative era, with projections indicating a surge from USD 3.4 billion in 2023 to USD 7.5 billion by 2032, growing at a CAGR of 9.2% during the forecast period (2025-2032). This growth is dri

The construction industry is undergoing a seismic shift as major players launch their own investment arms, signaling a strategic pivot towards nurturing and integrating innovative technologies. This trend, driven by the need to enhance efficiency and