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EDGE-CMN Joint Venture to Build Small, Midsize Vessels
Hamad Al Marar / EDGE Group
March 21, 2025March 21, 2025By Brianne Monterey0

EDGE-CMN Joint Venture to Build Small, Midsize Vessels

Advanced technology and defense firm EDGE Group, based in the United Arab Emirates, and French shipbuilder CMN NAVAL are set to form a joint venture to produce high-value small to mid-size naval vessels, such as corvettes, offshore patrol vehicles, and high-speed interceptors. The business arrangement, AD NAVAL, will be based in Abu Dhabi. According to EDGE, the JV will benefit from...

New EU Defense Program Plans $868B Spending Up to 2030
Photo rustamank / Shutterstock
March 21, 2025March 21, 2025By Arthur McMiler0

New EU Defense Program Plans $868B Spending Up to 2030

The European Commission outlined on Wednesday a major defense package that includes potential military investments totaling billions of dollars for European Union member states, extending up to 2030. The EC said the initiative, part of the ReArm Europe Plan/Readiness 2030 program, will open funding worth up to $868 billion for use in national defense spending. Part of the effort will...

PsiQuantum Taps Jacobs to Build Quantum Computing Facility in Australia
Photo by Zapp2Photo / Shutterstock
March 21, 2025March 21, 2025By Xavier Dolan0

PsiQuantum Taps Jacobs to Build Quantum Computing Facility in Australia

PsiQuantum has chosen Jacobs to provide master planning, design and engineering services for its planned quantum computing facility in Australia. The 540,000-square-foot facility will be located near Brisbane Airport and support PsiQuantum’s vision to develop the world’s first large-scale, fault-tolerant quantum computers. Jacobs said in a press release that the facility will include a main office building, a large cryoplant...

 

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