Latest news with #wireharnesses
Bloomberg
5 days ago
- Business
- Bloomberg
Ex-SpaceX Staffers Raise Cash for Defense Manufacturing Startup
As far as startup ideas go, there is nothing sexy about wire harnesses. They're a bundle of wires and components designed to deliver electrical power and data. But to Senra Systems, they're a gateway into a big opportunity that Silicon Valley has ignored for decades. As the defense tech industry develops increasingly advanced hardware products, from autonomous drones and satellites to reusable rockets, the US lacks a modern supply chain for the obscure but critical parts and components that make these devices work. Often, such parts are made in China — a reality that's stoked fears about US supply chains for products like planes and weapons.
Reuters
02-06-2025
- Business
- Reuters
UK's Rosebank Industries in talks to buy US-based ECI for less than $1.9 billion
June 2 (Reuters) - British investment firm Rosebank Industries (ROSE.L), opens new tab said on Monday it is in talks to buy U.S.-based Electrical Components International, which makes wire harnesses, for less than $1.9 billion.
