Category: 3. Business

  • Drones can now do the job of tractors, planters, and planes

    Drones can now do the job of tractors, planters, and planes

    Agriculture is an industry with slim margins and farmers are always looking for ways to cut costs. That’s why in many parts of the U.S., drones are now doing the job of tractors, planters, and planes.

    For decades, essential agriculture services were provided by crop dusters: small, low-flying aircrafts that applied pesticide or fungicide over fields.

    But of course, that requires a pilot and a plane — both of which started to become hard to come by a few years ago.

    “More and more farmers were demanding fungicide on corn than what pilots could apply,” said Taylor Moreland in central Missouri.

    Moreland started his own business, Agri Spray Drones, to give farmers another option.

    His company sells drones and trains farmers to use them to apply products, plant seeds and check on crops. All with a remote control. 

    It can be a lot easier than hiring a pilot in a crop duster. But Moreland said using drones does take practice.

    “You have to learn a whole new concept, because it’s the first piece of ag equipment that flies, is battery powered and is autonomous,” he said.

    A group of students learned how to fly ag drones on a Saturday morning at the fairgrounds in Montgomery City, Missouri.

    As a field specialist for the University of Missouri Extension, Caleb O’Neal travels the state demonstrating how to use two different types of agriculture drones.

    Small imaging drones can hover over fields and capture pictures and video. So, if a field is too wet to get a tractor out, a farmer can still scout their crops.

    Larger drones can carry tanks to apply herbicide, pesticide or fertilizer — and they’re precise, dousing only the plants that need it. Unlike a crop duster’s all or nothing approach.

    Rusty Lee helps O’Neal teach “drone school.” He’s also a farmer who uses drones to precisely target chemical products on his fields of corn and soybeans — and that means using less chemicals overall.

    “We’ve cut cost, we’ve reduced inputs, we’ve reduced environmental impact through using technology,” he said.

    Drones can be a tool to help farmers be more sustainable — both environmentally and economically.

    “You don’t last in the farming business without being able to evolve and incorporate and utilize new technology,” Lee said.

    Drones are just the latest new technology for an industry that’s always changing.

    This story first appeared on KBIA.

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  • Marvell Technology, Inc. Declares Quarterly Dividend Payment

    Marvell Technology, Inc. Declares Quarterly Dividend Payment





    SANTA CLARA, Calif.–(BUSINESS WIRE)–
    Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on January 29, 2026 to shareholders of record as of January 9, 2026.

    About Marvell

    To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for over 30 years, we move, store, process and secure the world’s data with semiconductor solutions designed for our customers’ current needs and future ambitions. Through a process of deep collaboration and transparency, we’re ultimately changing the way tomorrow’s enterprise, cloud and carrier architectures transform—for the better.

    Marvell® and the Marvell logo are registered trademarks of Marvell and/or its affiliates.

    For further information, contact:

    Ashish Saran

    Senior Vice President, Investor Relations

    408-222-0777

    ir@marvell.com

    Source: Marvell Technology, Inc.



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  • Blades-in turbine inspections at Quad Cities set new benchmark for Constellation — ANS / Nuclear Newswire

    Blades-in turbine inspections at Quad Cities set new benchmark for Constellation — ANS / Nuclear Newswire

    From left: Chris Gorka, Bill Campbell, and Steve Myers of Constellation attended the 2025 Nuclear Energy Conference & Expo, where the team was recognized with a TIP award. (Photo: ANS)

    After 10–15 years of service, preventive maintenance requirements from the original equipment manufacturer called for a thorough inspection of the last-stage (L-0) blades of the turbine rotors, a task that typically means removing each blade to check for stress-corrosion cracking. Anticipating this work, Constellation benchmarked a utility that did just that: remove, inspect, and reinstall every 200-pound blade during a refueling outage.

    But Constellation’s corporate turbine engineering and turbine services teams also pursued an alternative procedure first validated by the Electric Power Research Institute: phased array ultrasonic testing (PAUT). Using this method, the blades can stay in place while ultrasonic nondestructive examination (NDE) is used to scan and inspect the blades and their “root and steeple” attachment area.

    Constellation decided to implement PAUT for its Alstom turbines, starting with Quad Cities-2, where three Alstom ND48 low-pressure turbines were inspected during a refueling outage in spring 2024, saving five days on the outage critical path schedule relative to a traditional turbine inspection. That initial project led the way for similar work at Quad Cities-1 in early 2025 and at Dresden-2 and Peach Bottom-3 this fall. Over a total of six outages at three plants—with only the Dresden-3 and Peach Bottom-2 inspections yet to perform—cost and labor savings could amount to over $50 million and 18 critical path days.

    The Quad Cities PAUT inspections were recognized with a 2025 Top Innovative Practice award from the Nuclear Energy Institute and a 2024 Technology Transfer Award from EPRI, and proved that the PAUT technique can save time and labor while verifying low-pressure turbine integrity. Because the blades stay in place, PAUT has the added benefit of avoiding the possibility of accidental damage of the blades or rotors during handling.

    Proof of concept

    3D scanning of a spare turbine rotor at Pacific Gas & Electric’s Diablo Canyon nuclear power plant. (Photo: Constellation/Jeff Melvin)

    This calibration fixture, manufactured in 2018 by EPRI, was designed to validate the application of PAUT techniques on in situ last-stage blades. (Photo: EPRI)

    Constellation and several other utilities joined forces with EPRI in 2018 to assess the potential for using PAUT for turbine inspections, and EPRI program manager Eric Prescott developed a technical program to evaluate the technique.

    First, EPRI performed a 3D scan of a spare rotor and spare blades at Pacific Gas & Electric’s Diablo Canyon nuclear plant to develop a simulation for an ultrasonic inspection of the components. From that scan, EPRI manufactured a set of 3D replicas—or calibration blocks—of the rotor blades and blade attachment areas.

    Small pits were introduced in the smooth metal of the calibration blocks using electrode discharge machining to simulate the flaws that corrosion can cause in an in-service turbine. Once the replica blades were mated to the replica rotor attachments, the flaws within the attachment areas were hidden from view.

    EPRI invited several industry NDE providers to their lab to do a blind assessment to determine if the hidden flaws could be detected successfully by NDE technicians. EPRI documented the successful testing results in two reports: “Phased-Array Examination Methodology, In Situ Inspection of Alstom ND56R Blade Roots and Steeples” (2021; report ID 3002017102) and “Development of Customized UT Inspection for Axial-Entry Turbine Blade Attachments” (2021; report ID 3002022800). The end goal of the final phase of the EPRI research was to provide a methodology that could be commercialized by an NDE vendor.

    Translation to Quad Cities

    Finite element analysis of a rotor blade and blade root shows areas that are more likely to be susceptible to stress-corrosion cracking. (Image: Constellation/SIA)

    Structural Integrity Associates was contracted to commercialize the EPRI methodology for Constellation’s Alstom low-pressure turbines. Mirroring the work done by EPRI, Constellation and SIA worked together to perform 3D scans of spare blades, and SIA then built a 3D model of the blade roots and interlocking rotor steeples and performed a finite element analysis of the root and steeple assembly to determine areas where stress-corrosion cracking was most likely to develop.

    Next, SIA developed a computer simulation to validate a PAUT scanning route and manufactured a new set of calibration blocks, this time strategically placing flaws where they would be most likely to appear on an in-service turbine. Testing confirmed that NDE technicians were able to detect the flaws, and once the refueling outage at Quad Cities-2 was underway, the same calibration blocks were taken onto the turbine deck to allow for an on-the-spot check and calibration of the NDE equipment.

    The scanning route SIA developed for inspection targeted almost 100 percent of the coverage area. Inspecting each of three turbines involved checking two sets of last-stage blades, one on each end of the turbine rotor. Scanning each end of one rotor and its blades using the PAUT probes and fixtures took about half a day, yielding a table of data containing the precise position of a scan and signals generated. That inspection is repeated six times during a single outage—on each end of three turbine rotors.

    Considerable preoutage preparation and coordination, as well as support from Constellation’s Supply and Alliances organizations, were required among Constellation’s Corporate Turbine Services, NDE Services, and Corporate Mechanical Engineering organizations. The Constellation team included Chris Gorka and Tim Ernst of Corporate Turbine Services, Jeff Melvin of Corporate Mechanical Engineering, Tim Heindl of Alliances, Mike Salley of NDE Services, and Jay Akhtar of Commercial Supply.

    Measures of success

    Kevin Rau of Digital Reality (left) performs 3D laser image scanning of a spare blade at Diablo Canyon in 2018 as PG&E’s Martin FitzPatrick looks on. (Photo: Constellation/Jeff Melvin)

    Quad Cities Turbine Services completed the first two blades-in turbine inspections—at Quad Cities-2 in the spring of 2024 and at Quad Cities-1 in the spring of 2025—without any adverse events. The dose goal for the Quad Cities-2 inspection was 18.807 rem, and the actual dose was 10.911 rem—a decrease attributable to the PAUT inspection method.

    Implementing blades-in PAUT inspections also meant a significant reduction in lifting, rigging, and material handling relative to traditional inspection, as well as a reduction in required floor equipment laydown space on the turbine deck. With the blades in, the risk of injury to workers or damage to blades was reduced, as were tripping hazards.

    While Quad Cities and Dresden have nearly identical Alstom low-pressure turbines with 48-inch last-stage rotor blades, the experience gained can be translated into preoutage planning, budgeting, resource requirements, and schedule efficiencies for Peach Bottom’s larger turbines, which have 56-inch last-stage rotor blades.

    Part of the reason Constellation is confident the successful inspections at Quad Cities can be replicated is because a “core team” of craft labor was designated to gain rigging and mechanical skills and familiarity with the Alstom low-pressure turbines at Quad Cities and then travel to perform the same work at Dresden and Peach Bottom. While Constellation coordinated with craft labor organizations to ensure experienced craftspeople were assigned to that core team, “new to nuclear” and apprentice craftspeople were also included, with the intention of building a high return rate for large-scope, short-duration outages.

    Communication is key

    Close-up of the last-stage blades of a spare turbine rotor at Diablo Canyon. (Photo: Constellation/Jeff Melvin)

    Lessons learned from preparation, execution, and process improvement perspectives include the importance of biweekly meetings between Constellation’s fleet turbine engineering and services organizations and SIA to drive stress analysis, PAUT modeling, calibration block manufacture, and PAUT validation milestones.

    Separate biweekly meetings with Constellation’s Corporate Mechanical Engineering, Site Engineering, Turbine Services, NDE Services, and Outage Management teams kept stakeholders updated and provided a forum to coordinate handoffs between development and implementation.

    Constellation was also responsible for communicating with the nuclear insurer to make them aware of the technology and Constellation’s plans to implement it. While a formal variance was not required to implement the approach, the insurer issued a professional judgment in support of implementation.

    Steve Myers, corporate turbine/EHC engineer at Constellation Nuclear, is the engineering project lead for the PAUT project, and Bill Campbell, turbine services project lead at Constellation Nuclear, leads the implementation of the project.

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  • Government of Canada launches Regional Defence Investment Initiative in Northern Ontario and across the country

    New initiative will accelerate the integration of businesses into national and international defense supply chains.

    December 12, 2025 – Thunder Bay, ON – Federal Economic Development Agency for Northern Ontario – FedNor

    A strong defence industry is key to Canada’s national sovereignty and security as well as its economic resilience and long-term prosperity. That is why the Honourable Patty Hajdu, Minister of Jobs and Families and Minister Responsible for FedNor, today announced the launch of the Government of Canada’s Regional Defence Investment Initiative (RDII). This $357.7 million national initiative will be delivered by Canada’s Regional Development Agencies (RDAs) to support our country’s defence needs while bolstering regional economic development. The RDII will be delivered in Northern Ontario by FedNor with an investment budget of $15.8 million over three years.

    The RDII aims to accelerate the integration of businesses and regional ecosystems into domestic and international defence supply chains, and increase their industrial and innovation capacity. This includes investment in businesses whose products and services are dual-use and who wish to pivot their activities to supply the defence sector.

    As announced in Budget 2025, the Government of Canada has already put into action initial investments to support Canada’s defence industrial base by allocating $6.6 billion over five years on a cash basis, starting in 2025-26 under the forthcoming Defence Industrial Strategy. These initial investments will drive research and innovation, strengthen domestic supply chains, grow critical resource stockpiles, and improve access to funds for Canadian small- and medium-sized defence businesses.

    Through existing programs, expertise and on-the-ground presence, FedNor and RDAs across the country will be supporting the growth of the defence industrial ecosystem, strengthening the relationship between government and industry while also driving innovation, investment, good paying jobs and economic growth for all Canadians.

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  • Government of Canada to announce major quantum initiative

    December 12, 2025 – Toronto, Ontario

    The Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario, will make an important announcement in support of the Canadian quantum sector.  

    Date: Monday, December 15, 2025

    Time: 10:00 am (ET)

    Location: Toronto, Ontario

    Members of the media are asked to contact ISED Media Relations at media@ised-isde.gc.ca to receive event location details and confirm their attendance.

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  • Mayor Greenberg Announces Anthro Energy to Invest $42 Million on New Manufacturing Facility in Louisville, Creating 110 Jobs – LouisvilleKY.gov

    1. Mayor Greenberg Announces Anthro Energy to Invest $42 Million on New Manufacturing Facility in Louisville, Creating 110 Jobs  LouisvilleKY.gov
    2. Anthro Energy investing $42M in new manufacturing facility in Louisville, creating 110 jobs  Lane Report
    3. Anthro Energy Selects Louisville, KY Site to Establish the First Large-Scale, U.S.-Owned and Operated Li-ion Battery Electrolyte Facility  PRWeb
    4. Gov. Beshear: Anthro Energy To Invest $42 Million in New Manufacturing Facility in Louisville, Creating 110 Jobs  The Lexington Times

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  • Wipro & Microsoft to Empower Enterprises to Transform as Frontier Firms

    Wipro & Microsoft to Empower Enterprises to Transform as Frontier Firms

    EAST BRUNSWICK, N.J. | BENGALURU, India – Dec. 12, 2025: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, today announced a three-year strategic partnership with Microsoft to help enterprises transform into Frontier Firms – early leaders in AI adoption that are redefining work and unlocking new value. 

    This collaboration brings together Wipro’s consulting-led approach and deep engineering expertise with Microsoft’s trusted cloud and AI platforms, including Microsoft Azure, Microsoft 365 Copilot, GitHub Copilot, Azure AI Foundry, and third-party integrations with leading enterprise platforms. This will enable businesses to build AI-powered workflows and cultures that drive sustainable growth and innovation, responsibly and at scale. As part of this effort, the two companies will build industry-specific solutions across Financial Services, Retail, Manufacturing, Healthcare & Life Sciences, Airports, and others. Together, they will also use three key industry IPs (NetOxygen, Wealth AI, and Falcon Supply Chain) to drive sector-specific advancements. 

    As part of this partnership, and powered by Wipro Intelligence™, a unified suite of AI-powered platforms, solutions, and transformative offerings, Wipro is accelerating AI infusion across its core business and ‘Client Zero’ initiatives to empower knowledge workers, enhance customer experience, and boost productivity. The deployment of over 50,000 Microsoft Copilot licenses represents a strategic investment to complement Wipro’s AI journey. Additionally, more than 25,000 Wipro employees are being upskilled in Microsoft Cloud and GitHub technologies through focused training and certifications, creating an agile and AI-fluent workforce. 

    This approach is further amplified by the newly launched Microsoft Innovation Hub at Wipro’s Partner Labs in Bengaluru, a cornerstone of Wipro Intelligence™, to drive co-innovation, accelerate enterprise transformation, and deliver scalable AI solutions. The hub will enable a collaborative environment where clients can engage with experts through immersive workshops, and Wipro’s Agent Marketplace that hosts AI agents built on the Microsoft AI Platform. The hub will also reimagine customer needs across industries and accelerate joint go-to-market strategy to drive more consulting-led and AI-powered growth opportunities. 

    “AI has emerged as the driving force behind every opportunity we win, and this partnership will augment the way we work and deliver value to our customers,” said Nagendra Bandaru, President – Technology Services, Wipro Limited. “By leveraging Wipro Intelligence™, we are advancing operational excellence and positioning our clients at the forefront of enterprise innovation and future market leadership.”

    Stephen Boyle, Vice President, Global System Integrators and Advisory Partners at Microsoft added, “We are in a new era where AI is transforming how every organization operates. Through this collaboration, we’re combining the power of the Microsoft Cloud with Wipro’s deep industry and engineering expertise to co-innovate with customers – building next-generation copilots and AI agents that deliver positive business outcomes across all industries, at the same time remaining open, extensible, and grounded in trust.”

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  • KBRA Places the Ratings of Eight Classes of MSBAM 2015-C27 on Watch Downgrade

    KBRA Places the Ratings of Eight Classes of MSBAM 2015-C27 on Watch Downgrade

    Disclosures

    A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here.

    Information on the meaning of each rating category can be located here.

    Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.

    About KBRA

    Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan’s Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S.

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  • Oil posts weekly loss on oversupply concerns – Reuters

    1. Oil posts weekly loss on oversupply concerns  Reuters
    2. Oil gains on Venezuelan supply concerns, but poised for weekly loss  Business Recorder
    3. Crude Oil Price Outlook – Crude Continues to Look for a Reason to Rally  FXEmpire
    4. Crude Oil Prices Slip on Dollar Strength and Oil Glut Concerns  TradingView
    5. At the European opening, WTI oil rises to $57.76 and Brent increases to $61.41  VT Markets

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  • Employee Satisfaction with Benefits Drops

    Employee Satisfaction with Benefits Drops


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