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OSI Systems Receives $11M Order for Electronic Assemblies
November 21, 2024 | BUSINESS WIREEstimated reading time: Less than a minute
OSI Systems, Inc announced that its Optoelectronics and Manufacturing division has received an order for approximately $11 million to provide critical electronic sub-assemblies for a leading-edge healthcare original equipment manufacturer (OEM), known for innovative and specialized medical solutions.
OSI Systems’ Chairman and Chief Executive Officer, Deepak Chopra, stated, “We are pleased with this award from a leader in healthcare technology. This ongoing partnership highlights our commitment to quality and our ability to meet the needs of advanced medical technology providers.”
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RTX's Raytheon Awarded U.S. Army Contract for Wireless Power Beaming Technology
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Biden-Harris Administration: Akash Systems to Support Emerging Semiconductor Technology
11/14/2024 | U.S. Department of CommerceThe Biden-Harris Administration announced that the Department of Commerce and Akash Systems have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $18.2 million in proposed direct funding under the bipartisan CHIPS and Science Act. This investment will enable the company to leverage its intellectual property and experience of developing semiconductor technologies that serve important end markets, such as communications and the defense industrial base, while also creating over 400 direct manufacturing and construction jobs.
Siemens Unveils Next Generation AI-enhanced Electronic Systems Design Software
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