Industrial Manufacturing

London – September 19, 2026 -- Magentic, a London and New York-based provider of AI digital workers for industrial operations, has closed an $18 million Series A round led by Felicis, with participation from existing backers Sequoia Capital and The Westly Group. The raise comes one year after the company's July 2025 launch and will fund expansion of its AI agent workforce for procurement and supply chain teams at large manufacturers.

Pittsburgh – September 19, 2026 -- An independent inventor from McDonough, Georgia, has developed a wearable device called the AUXILIARY VEST, designed to replace the traditional mechanic's creeper used for repairs under vehicles and equipment.

Inventor targets discomfort of rolling under vehicles for repairs

The inventor said the goal was to create "a quick and easy way to roll under a vehicle or other item when making repairs" without the physical strain of positioning the body on a standard creeper. The device uses a low-profile design intended to improve mobility for users working beneath cars, trucks, equipment, or in tight spaces such as attics.

Kochi – September 19, 2026 -- Indian deep-tech startup EyeROV demonstrated its underwater robotics technology to a group of world leaders at the Bharat Innovates Exposition in New Delhi, an event organised by the Ministry of Education as part of the BRICS Summit.

EyeROV's ROV pavilion draws heads of state from six nations

The company's Remotely Operated Vehicle (ROV) pavilion was visited by Indian Prime Minister Narendra Modi, Russian President Vladimir Putin, Chinese President Xi Jinping, Iranian President Masoud Pezeshkian, Indonesian President Prabowo Subianto and South African President Cyril Ramaphosa.

Boston – September 19, 2026 -- Ara Partners, a global private markets firm with roughly $8.2 billion in assets under management as of March 31, 2026, has acquired a majority interest in Bryden Wood, a London-headquartered strategy and integrated design consultancy employing 300 people across four European offices.

Deal deepens a multi-year industrial partnership

The transaction formalizes an existing relationship in which Bryden Wood supported design and capital strategy for several Ara portfolio decarbonization projects, including Sedron, Divert, Utility Global, BioVeritas and GIDARA Energy. Ara Partners, founded in 2017 and focused on decarbonizing the industrial economy, invests across Private Equity, Infrastructure and Energy strategies and operates from Houston, Boston, Dublin and Washington D.C.

Guadalajara, Mexico – September 19, 2026 -- Luca Mining Corp. has agreed to acquire the El Barqueño gold-silver-copper property in Jalisco, Mexico from a subsidiary of Agnico Eagle in a deal that could total up to $60 million in cash and shares plus royalty consideration.

Deal structure ties payments to drilling and production milestones

Luca will pay $10 million on closing through the issuance of its common shares, followed by up to $30 million in contingent payments: $15 million three months after the first drilling program begins, and $15 million upon commercial production. A further $20 million is tied to output, paid at $5 million for every 100,000 gold-equivalent ounces produced, capped at 400,000 ounces. Agnico Eagle will also hold a 2.0% net smelter return royalty on areas with currently defined mineral resources, which Luca can halve to 1% for $12.5 million.

Stockholm – September 19, 2026 -- Google has signed an agreement with Swedish producer Stegra to purchase environmental attribute certificates (EACs) tied to up to 91,000 tonnes of near-zero emission steel output in the first year, with plans to scale volumes over the life of the deal.

Google secures EACs to offset steel emissions from datacenter construction

The certificates allow Google to address steel-related emissions across its operations, including datacenter construction, without requiring direct physical delivery of the steel itself. The deal uses a "book and claim" model, decoupling environmental attributes from the physical product so that certificates can be sold separately from the steel, which is produced at Stegra's Boden, Sweden facility using green hydrogen and renewable electricity.

London – September 19, 2026 -- ACG Metals Limited (LSE: ACG) has more than quadrupled the post-tax net present value of its Gediktepe mine to approximately $1.2 billion, up from $265 million in 2024, following an updated Competent Person's Report prepared by SRK Consulting.

Ore Reserves jump 43% as copper content rises 34%

Total Ore Reserves increased to 26.5 million tonnes from 18.5 million tonnes in the 2024 CPR. In-situ reserves now contain 176kt of copper, 381kt of zinc, 535koz of gold and 20moz of silver, representing gains of 34%, 1%, 19% and 16% respectively versus the prior estimate.

Average annual output set to climb 60% to 36kt copper equivalent

Between 2027 and 2031, Gediktepe's average annual production is projected to reach approximately 36 kt CuEq, up from an original 20-25 kt target. Over an initial 11-year mine life, the operation is expected to produce a total of 352kt CuEq.

Charlotte, N.C. – September 19, 2026 -- Crescent has launched an expansion of its NITE EYE® measuring tool portfolio, adding levels and squares designed for low-light jobsite conditions.

Crescent adds high-contrast levels and squares to counter low-light measurement errors

The new Crescent® NITE EYE® Levels use enhanced vial visibility and aluminum construction to improve reading accuracy on tasks such as slope measurement, drainage layout, and material fitment. The Crescent® NITE EYE® Squares line features high-contrast markings, integrated rulers, scribe notches, and durable aluminum frames, offered in compact, extendable, and full-size formats for cutting, framing, and layout work.

Kansas City, Kan. – September 19, 2026 -- KanEquip JCB is opening a new 17,000-square-foot dealership facility in Kansas City after Trane Technologies acquired CSTK (Central States Thermo King) and exited the retail equipment market, leaving a gap in local JCB representation.

KanEquip retains CSTK's experienced JCB sales, parts and service team

CSTK, a family-owned business for roughly 50 years, had expanded into JCB equipment in 2014. Following its acquisition by Trane Technologies, KanEquip recruited the staff who originally built CSTK's JCB operation. "Honestly, I was not interested in opening a JCB location in Kansas City if the employees did not want to continue," said Grant Meinhardt, Vice President and General Manager of KanEquip JCB, adding that the team's willingness to stay drove the company's decision to pursue the territory.

Galway, Ireland – September 19, 2026 -- TE Connectivity plc (NYSE: TEL) declared a regular quarterly cash dividend of $0.78 per ordinary share, its board of directors confirmed.

Board Sets December 11 Payment Date

The dividend will be paid on December 11, 2026, to shareholders of record as of the close of business on November 20, 2026.