ZURICH, Nov. 13, 2024 (GLOBE NEWSWIRE) -- ABB has been selected by the German space and technology company OHB System AG to develop and build the thermal infrared payloads for the European Space Agency’s (ESA) Earth Explorer Harmony satellites, planned to launch in 2029. ABB will equip the two satellites with multispectral thermal infrared payloads capable of measuring a wide range of environmental parameters, including sea surface temperature and the position of clouds and their motion. Financial details were not disclosed.

MONTREAL, Nov. 04, 2024 (GLOBE NEWSWIRE) -- ABB completed the previously announced 50/50 joint venture with Niedax Group. The Abnex, Inc. joint venture (JV) will broaden solutions and advance opportunities in the rapidly growing North American cable management market. Integrating engineering and manufacturing capabilities of ABB’s Installation Products Division with Niedax Group will enable the newly formed company to deliver a broad range of cable tray solutions and services to electrical contractors, distributors and systems integrators across Canada, the United States and Mexico.

ABB in the United States and NASCAR announced the ABB NASCAR Electrification Innovation Partnership and revealed a new EV prototype at the 2024 NASCAR Chicago Street Race. This partnership brings together world leaders in EV technology and auto racing to advance NASCAR’s strategic ambitions across electrification.

ZÜRICH, Switzerland, May 08, 2024 (GLOBE NEWSWIRE) -- Electrification and automation leader ABB and Niedax Group, a leading global supplier of cable management systems, have entered into an agreement to form a new 50/50 joint venture. The transaction is subject to customary closing conditions. Expected to close and commence operations in Q4 2024, the collaboration will integrate the North American cable tray businesses of ABB’s Installation Products Division and Niedax Group into a new joint venture. The plan is to deliver advanced solutions and services to electrical contractors, distributors and systems integrators across the United States, Canada and Mexico.