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TROY - The Troy engineering technology developer Altair Engineering Inc. Monday announced the closing of its initial public offering. The company said its stock underwriters fully exercised their option to purchase an additional 1.8 million shares of Altair Class A common stock, indicating strong demand. After the underwriters’ exercise of the option to purchase additional
NOVI - With each day there seems to come another advance in technology to enhance the way we live, work and play. Developments in electric and autonomous vehicles, how we generate and use electricity, and ways to store energy are just a few of the innovations that are changing the consumer landscape. Sounds good, right?
LANSING - LAFCU’s investment in Autobooks, a Detroit-based financial technology company, has paved the way for LAFCU members to be the first in mid-Michigan to benefit from innovative software that helps business owners manage funds. “Technology is accelerating efficiencies in the financial sector, and we want to be on the forefront of providing these efficiencies
ROYAL OAK - Airfoil’s Angela Leon will discuss all things consumer technology and Airfoil’s current Consumer Electronics Show campaign. Tonya Matthews, CEO of the Michigan Science Center, will talk about Wednesday Night Events, Ford Fun Free Day, World Science Day. Officials from the Great Lakes Health Connect will discuss a pilot project that closed the
DETROIT- The Michigan Council of Women in Technology Foundation named Alison Gleeson its “Woman of the Year in Technology.” Gleeson is the senior vice president of the Americas for Cisco. The second annual MCWT award recognizes women in Michigan leading or driving change for other women in information technology careers or fields of study. MCWT Foundation President Carey Pachla presented Gleeson with the honor at the nonprofit’s annual gala on Oct. 28 in Dearborn. Hosted by Ford Motor Co.,
ANN ARBOR—Researchers, hospitals, companies, consumers and government agencies are drowning in data that they can't fully capitalize on. Now, a team from the University of Michigan has received $1.6 million from the Defense Advanced Research Projects Agency to help develop a toolkit so that even nondata scientists can use that data to possibly answer questions
ROYAL OAK - On M2 TechCast Monday Oct. 30, Supported Intelligence CEO Patrick Anderson will discuss how his company has partnered with a team of University of Michigan engineering students to research and prototype an innovative application for use with connected vehicles. Keith Brophy will interview a client of the Michigan Small Business Development Center.
ANN ARBOR - Consumer sentiment surged in October, reaching its highest level since the start of 2004, according to the University of Michigan Surveys of Consumers. This was only the second time that the Sentiment Index was above 100.0 since the end of the record 1990s expansion. The October gain was due to the most
WASHINGTON DC — President Donald Trump signed a memo Wednesday establishing a pilot program to better integrate unmanned aircrafts into national airspace to deal with more than one million drones now in the hands of hobbyists and pressure from major eCommerce players like Amazon that want to deliver packages using the unmanned aerial devices. The
ANN ARBOR - An advanced space engine in the running to propel humans to Mars has broken the records for operating current, power and thrust for a device of its kind, known as a Hall thruster. The development of the thruster was led by Alec Gallimore, University of Michigan professor of aerospace engineering and the
