Connect with us

Technology

Raghu Vamsi Aerospace Group Raises $40 Million to Scale Precision Manufacturing, Mission Systems and Deep-Tech Platforms

Published

on

Round led by Norwest and Skegen Asset Management, with participation from Indus Bridge Ventures, GJNX Ventures, and Ashish Kacholia, to accelerate global expansion and indigenous aerospace and defence technologies

HYDERABAD, India, July 20, 2026 /PRNewswire/ — Raghu Vamsi Aerospace Group (RVAG), a Hyderabad-headquartered precision manufacturing and deep-tech company serving the global aerospace, defence and energy sectors, today announced it has raised $40 million (approximately ₹400 crore) in its latest funding round. The round was led by Norwest and Skegen Asset Management, with participation from Indus Bridge Ventures, GJNX Ventures and noted investor Ashish Kacholia.

The capital will be used to expand manufacturing capacity across the Group’s facilities in India, the UK and the USA; accelerate development of its upcoming integrated manufacturing campus at Hardware Park near Hyderabad International Airport; and strengthen its Mission Systems and Deep-Tech & Autonomous Systems businesses.

Over the past two decades, RVAG has evolved into a global manufacturing platform with more than 1,200 employees and over ten facilities across three countries. The Group manufactures precision aero-engine components and sub-assemblies for leading global OEMs, including GE Aerospace, Collins Aerospace, Honeywell, Boeing and Safran, while also serving global energy companies such as Baker Hughes, Halliburton, SLB and GE. It currently has an order book exceeding ₹2,500 crore.

The Group is among the few Indian companies offering end-to-end aerospace manufacturing under one roof, spanning design, engineering, manufacturing, testing and assembly. Its capabilities include CNC machining, sheet metal fabrication, composites, electronics, software, gears, fasteners and NADCAP-approved special processes.

Beyond contract manufacturing, Raghu Vamsi has built strong indigenous capabilities through its Mission Systems and Deep-Tech verticals. The company develops propulsion systems, aircraft hydraulic components and subsystems for defence programmes, while its ARROBOT platform is advancing drone technologies and unmanned ground vehicles for India’s armed forces.

“This investment is a strong vote of confidence in what our team has built over the last two decades, a fully integrated, home-grown manufacturing platform that global aerospace, defence and energy leaders trust with mission-critical work. It allows us to scale capacity across our India, UK and USA operations; accelerate our Hardware Park campus and deepen our investments in Mission Systems and Autonomous Systems,” said Vamsi Vikas, Managing Director, Raghu Vamsi Aerospace Group.

“Our growth has always been guided by the values of our founder, Late Sri G. Thrimurthulu, who built this company on reliability, integrity and empathy toward every stakeholder we serve. This round strengthens our ability to invest in our people, our technology and our talent pipeline as we prepare for the next phase of scale,” added Siva Arvinth, CEO, Raghu Vamsi Aerospace Group.

“Raghu Vamsi has created a uniquely integrated manufacturing platform trusted by leading aerospace and energy OEMs for its technical depth and disciplined execution. We look forward to working with the team scales and unlocks the next phase of value creation,” said Shiv Chaudhary, Partner, Norwest.

“Raghu Vamsi’s breadth spanning precision manufacturing, mission systems and deep tech, sets it apart in India’s aerospace and defence ecosystem. We look forward to supporting the team through its next phase of growth,” said Navin Roy Vallabhneni, Skegen Asset Management.

The company has also established collaborations with premier institutions, including the IITs and IIITs, as well as research organisations such as ARCI and defence agencies, including ADA and DRDO, reinforcing its commitment to building globally competitive aerospace and defence technologies from India.

About Raghu Vamsi Aerospace Group

Raghu Vamsi Aerospace Group is a Hyderabad-based aerospace and defence manufacturing company with operations across India, the UK and the USA. The Group supplies precision-engineered components to leading global OEMs including GE Aerospace, Pratt & Whitney, Honeywell, Safran and Collins Aerospace, while expanding into mission systems and autonomous technologies.

View original content:https://www.prnewswire.co.uk/news-releases/raghu-vamsi-aerospace-group-raises-40-million-to-scale-precision-manufacturing-mission-systems-and-deep-tech-platforms-302828048.html

Continue Reading

Technology

Everlight Solar Resolves Nebraska Attorney General Matter

Published

on

By

OMAHA, Neb., Sept. 25, 2026 /PRNewswire/ — Everlight Solar has reached an agreement with the Nebraska Attorney General’s Office resolving a lawsuit related to collegiate sponsoring and other marketing in the state.

Everlight believes that the claims made in this litigation are without merit and does not admit liability. Everlight continues to stand behind our marketing practices, our employees, and the exceptional customer experience we work to provide every day.

Everlight made the decision to settle this matter in order to avoid the litigation expense, significant time, and distraction associated with prolonged litigation and to allow our team to remain focused on what matters most: serving our customers and communities.

For more information, visit EverlightSolar.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/everlight-solar-resolves-nebraska-attorney-general-matter-302890418.html

SOURCE Everlight Solar

Continue Reading

Technology

Infrasense Completes 3D Ground Penetrating Radar Investigation Along State Route 133 in Lowell, Massachusetts

Published

on

By

LOWELL, Mass., Sept. 25, 2026 /PRNewswire/ — The Infrasense team recently completed a comprehensive 3D Ground Penetrating Radar (3D-GPR) investigation along approximately 1.37 miles of pavement along Route 133 in historic Lowell. The study area included the westbound and eastbound travel lanes, both shoulders, and the center turning lane. The team was tasked with 3D-GPR data collection and detailed subsurface data analysis in order to evaluate pavement conditions and structural components throughout the corridor.

The primary objectives of the project were to:

Perform dowel and tie bar analysis to identify locations where these components are present, missing, shallow, and/or misaligned;Determine the typical dowel layout, including standard spacing and depth at transverse joints;Conduct a depth analysis to identify the depth to the bottom of the pavement layer across the project site; andPerform an activity analysis at the bottom of the pavement layer to detect any indications of underlying voids.

3D-GPR data collection was conducted using a Kontur DXG1820 sensor. Unlike traditional single-channel GPR systems, the DXG1820 utilizes 20 independent channels to capture data in three dimensions, enabling the collection of a continuous five-foot-wide swath of subsurface information.

Once 3D-GPR data was collected, analysis of dowels, tie bars, depth and activity was completed across the entire project site. These analyses were used to generate project deliverables designed to support pavement evaluation, maintenance planning, and future rehabilitation efforts. The final results of the investigation provided stakeholders with critical subsurface condition data which will be used3D to better understand pavement performance and identify areas requiring additional assessment or remediation.

View original content to download multimedia:https://www.prnewswire.com/news-releases/infrasense-completes-3d-ground-penetrating-radar-investigation-along-state-route-133-in-lowell-massachusetts-302890423.html

SOURCE Infrasense, Inc.

Continue Reading

Technology

Overlord Labs Closes Oversubscribed Seed Financing, Bringing Total Funding to $10 Million to Advance Battery Intelligence for Edge AI Devices

Published

on

By

SAN JOSE, Calif., Sept. 25, 2026 /PRNewswire/ — Overlord Labs, Inc., a fabless semiconductor company building battery intelligence infrastructure for compute-intensive, battery-powered devices, today announced the close of its oversubscribed Seed financing, bringing total funding raised to-date to $10 million. The total comprises $7.25 million in Seed financing and the remainder in non-dilutive strategic development funding.

The financing comes as Overlord Labs transitions from tape-out to product validation, following the successful bring-up of its flagship GENESIS™ Battery Intelligence IC, built on the company’s proprietary Silicon × Algorithm Architecture. With silicon operating, the company is advancing validation and preparing to begin customer sampling.

The $4.35 million Seed extension was led by Band of Angels and drew participation from Foothill Ventures, Unlock Pacific Ventures, NuFund Venture Group, Sand Hill Angels and Castle Fund. The round also included returning strategic angel investors, who backed Overlord Labs in its earlier financings and invested additional capital in the extension alongside the new institutional investors.

As compute continues moving to the edge, battery-powered devices are placing unprecedented demands on power efficiency, thermal management, safety and runtime. Traditional fixed-function battery management ICs were not designed for this new generation of intelligent products. Overlord Labs’ Silicon × Algorithm Architecture solves this by building battery intelligence directly into silicon, giving OEMs a more adaptable foundation for these systems.

The first GENESIS™ device targets single-cell systems and is designed to support both established and emerging battery chemistries, including silicon-anode cells. Initial applications include smart glasses, wearables, hearables and other edge AI devices, where rising compute demands must be met within tight battery and form-factor limits.

Overlord Labs will use the capital to complete validation and qualification, support customer sampling and Tier-1 OEM engagements, expand its firmware and battery-algorithm capabilities, and build the production infrastructure needed for commercial scale. The company is targeting volume production in the first half of 2027.

“We started Overlord Labs because battery management architectures were no longer keeping pace with the devices they power,” said Richard Nicholson, Co-Founder and Chief Executive Officer of Overlord Labs. “We now have working silicon, active customer engagement and an investor syndicate, including angels who came back to invest again, that understands the scale of the opportunity. This capital gives us the resources to move GENESIS™ through customer validation and toward production.”

“Hardware OEMs have historically faced a rigid trifecta of trade-offs: performance, form factor, and battery life,” said Carlos Rodriguez, Co-Founder and Chief Operating Officer of Overlord Labs. “We engineered GENESIS™ to break those constraints, giving product teams the software-defined silicon they need to scale all three without compromise. With the Seed financing complete, our focus is getting GENESIS™ into customers’ hands and building the foundation to scale.”

About Overlord Labs
Overlord Labs is a fabless semiconductor company building battery intelligence infrastructure for the next generation of compute-intensive, battery-powered devices. Powered by its proprietary Silicon × Algorithm Architecture, the company’s GENESIS™ Battery Intelligence Platform integrates advanced battery intelligence directly into silicon, enabling OEMs to improve runtime, safety, performance, and design flexibility. Initially focused on wearables, smart glasses, and edge AI devices, the platform is designed to scale across a broad range of battery-powered systems. Headquartered in San Jose, California, Overlord Labs is engineering battery intelligence from the silicon up.

Media Contact
Dianna Rodriguez
Marketing Manager
hello@overlord-labs.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/overlord-labs-closes-oversubscribed-seed-financing-bringing-total-funding-to-10-million-to-advance-battery-intelligence-for-edge-ai-devices-302890280.html

SOURCE Overlord Labs

Continue Reading

Trending