Month: 2025-05

TOKYO, May 30, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Corporation (MC) is pleased to announce it has established MC Global Innovation Inc. (MCGI) to serve as the operating company for its corporate venture capital (CVC) platform.Aligned with the “Create” pillar of MC’s Corporate Strategy 2027, MCGI will accelerate collaboration with startups and uncover business opportunities beyond MC’s existing domains. This is MC’s first company-wide CVC initiative.MCGI will make flexible investments across a broad range of sectors, with emphasis on areas with large future markets and high growth potential where MC can add distinctive value. It will build on technological insights and networks cultivated through industry-academia partnerships.To date, MC’s Business Groups have invested in startups closely linked to their current domains. With the new CVC company, MC’s total startup investment, including its existing commitments, will be approximately JPY 100 billion (about USD 700 million).Leveraging MC’s integrated strength, MCGI will offer portfolio companies tailored support that spans broad industry expertise, deep insights, customer access, and global networks, thereby facilitating commercialization, industrial application, and international expansion.Amid the growing uncertainty driven by rapid technological advances such as AI, MC will utilize MCGI to cultivate new pillars of growth and transform its business portfolio. Copyright 2025 JCN Newswire via SeaPRwire.com.

TOKYO, May 30, 2025 - (JCN Newswire via SeaPRwire.com) - Honda R&D Co., Ltd. (“Honda”), a research and development subsidiary of Honda Motor Co., Ltd., will co-develop a refueling port connecting system designed for on-orbit refueling of satellites, with Astroscale Japan Inc. (“Astroscale”), a subsidiary of Astroscale Holdings Inc.Honda will apply its mechatronics technologies amassed through its ongoing robotics research to co-develop the connecting system with an aim to integrate it with Astroscale RPOD (rendezvous, proximity operations and docking) technology so that it can be used in the technology demonstration of satellite refueling in low Earth orbit Astroscale is planning to conduct around 2029.Earth’s orbits are becoming increasingly congested due to the growing number of satellites and space debris, raising concerns that it may become difficult to sustainably use those orbits in the long term if no proactive measures are taken. To address this issue and achieve space sustainability, it is critical to move away from the traditional satellites and rockets developed for single use and establish a circular space economy based on the principles of “Reduce, Reuse, Repair, Refuel and Remove.” To this end, providing on-orbit services for satellites is considered one of the solutions.The two companies will co-develop a refueling port connecting system particularly for on-orbit satellite refueling, one of the key on-orbit services to enhance space sustainability. When on-orbit refueling becomes possible, it will extend the life of satellites and reduce both the number of satellites and the number of satellite launches. Moreover, by eliminating fuel constraints through refueling, satellites will gain greater range of missions and flexibility, enabling new ways of utilizing satellites.Honda R&D has been researching and developing robotics technologies that enable people to transcend various constraints such as time, place and human abilities and to augment people’s possibilities. Assuming that the range of human activities will expand into outer space in the future, Honda will strive to utilize its robotics technologies in various situations in outer space, such as applications of its remotely controlled robots on the lunar surface. For such applications, the technologies must function reliably even in the harsh environment of outer space. Co-developing the refueling port connecting system with Astroscale, the global market leader in on-orbit satellite servicing, will become the first step Honda takes toward acquiring technology that is practical for use in outer space.Comments by Keiji Otsu, President and Representative Director of Honda R&D Co., Ltd.“To this date, Honda has developed and delivered a wide range of products that provide mobility on land, in the water and in the skies. As our next frontier, we will take our challenges into the field of outer space and strive to offer value that makes people’s daily lives more enjoyable. Through the co-development of this refueling port connection system with Astroscale, Honda will contribute to space sustainability. Moreover, we will apply the practical technologies we gain through this co-development to our ongoing space-related research and development so that Honda technologies will contribute to the success of many space missions around the world.” Copyright 2025 JCN Newswire via SeaPRwire.com.

TOKYO, May 30, 2025 - (JCN Newswire via SeaPRwire.com) - IFS AB and NEC Corporation are strengthening their strategic partnership to create new value. Through this partnership, the two companies will further combine their strengths to accelerate the implementation of solutions in global markets, mutually enhance their resources and skills, and support the continued growth of their customers.As the leading provider of Industrial AI software, IFS provides companies worldwide with solutions to support manufacturing, supply chains, facility maintenance, and after-sales service operations.Since signing a partnership agreement with IFS in 1997, NEC has been offering IFS supply chain management services, such as NEC’s BluStellar (*1), a value creation model that supports the global business development of manufacturing customers based in Japan.Through the strengthening of this strategic partnership, the two companies will create new services that combine the assets of both companies, such as AI technology, and provide rapid cloud services with an enhanced delivery system.BackgroundSupply chain management has become increasingly important in recent years due to globalization and economic volatility. Companies are demanding greater supply chain visibility and flexibility to both manage risk and improve efficiency. Especially since the COVID pandemic, there has been a surge in technology investment to minimize supply chain disruptions.In this context, many companies are shifting to cloud solutions. Cloud technology is cost-effective and scalable, and its integration with AI and IoT provides a platform for automating operations and enabling predictive analytics. This shift to the cloud is essential to increase competitiveness in the global marketplace. At the same time, from an economic security perspective, cloud services are required to retain sovereignty and control over data and software in accordance with the laws and regulations of each country.This social background has led the two companies to announce the strengthening of this strategic partnership.Purpose of collaborationTo enhance the supply chain management that has been provided by both companies and expand IFS' diverse solutions, including "facility maintenance management" and "after-sales service operations," which are mainly provided to the manufacturing industry, to the aviation industry and other industries, thereby contributing to the realization of Digital Transforation (DX) for more customers.Provide flexible and secure cloud services, including new solutions that combine the assets of both companies, to customers in a timely manner.Specific efforts in the collaborationBuilding and Providing a Secure Cloud EnvironmentThe two companies will jointly build an environment for providing IFS Cloud (*2), IFS' component-based global ERP package, at a data center in Japan. This will provide a secure environment for customers seeking highly secure and reliable cloud services in Japan. NEC Inzai Data Center (*3), which provides a safe and secure cloud environment, is under consideration as one of the candidate data centers.Joint Development and Deployment of Next-Generation Services for the Japanese MarketThe two companies will leverage their respective strengths to continuously develop new services that meet the needs of the Japanese market. Specifically, NEC will provide its knowledge as a standard feature of IFS Cloud and develop a safe and secure upgrade method from IFS Applications to IFS Cloud. NEC will provide both new and existing customers with value-added services to support their transformations.Joint Development and Global Expansion of AI ServicesIFS and NEC will collaborate on cutting-edge AI technologies and solutions to develop new services. Through this collaboration, the two companies will accelerate the deployment of AI services in Japan and other global markets. Specifically, IFS will incorporate advanced AI solutions from NEC's BluStellar, including AI that automates the negotiation and coordination of procurement transactions with suppliers, into its own solutions and offer them to IFS' global customers. NEC will also use IFS' AI service, IFS.ai, to promote the use of AI by its customers in Japan, Asia, and elsewhere in the world.Strengthening Delivery SystemBoth companies will actively train highly skilled personnel and work together to strengthen the delivery system. This will enable us to provide faster and higher quality services to our customers.Through these efforts, the two companies will contribute to the realization of DX and business growth for both manufacturing and non-manufacturing customers in Japan and around the world.Mark Moffat, CEO of IFS AB, comments.IFS is honored to deepen our relationship with NEC and to launch an expanded, future-focused strategic partnership.Together, we have long supported the growth of manufacturing customers. Now, we are taking a bold step forward—extending our collaboration into high-growth industries such as aerospace, and scaling our joint offerings for the global market with advanced solutions like IFS POKA and IFS Copperleaf.By combining IFS’s industrial AI and global innovation with NEC’s deep market insight & experience, we are uniquely positioned to deliver transformative value at scale.As cloud adoption accelerates and regulatory demands intensify, our combined strengths will empower customers to drive smarter operations and achieve lasting business agility.This partnership is not just an evolution—it’s a commitment to go BIG, together.For our customers. For the industries we serve. And for the future we are building together.We are super excited about what lies ahead with partnership with NEC. Thank you.Comments from Takayuki Morita, President and CEO, NEC CorporationNEC has established a strong and longstanding partnership with IFS, having a proven track record of implementing IFS solutions across more than 200 companies spanning nearly 400 locations globally. We are delighted to announce our deepened commitment to strategically enhancing our partnership with IFS, focusing on empowering customers in Japan to achieve their global business ambitions.Through this joint endeavor, we will co-develop IFS Cloud’s cloud solutions in domestic data centers, enabling secure and reliable cloud environments tailored for customers in Japan. Furthermore, integrating NEC’s world-leading AI into IFS Cloud will drive new experiences and value creation for our customers.NEC also embraces the "Client Zero" approach by leveraging IFS’ solutions and innovations within our own organization to accelerate DX initiatives across the NEC Group's supply chain.Combining the respective strengths of NEC and IFS, we are committed to empowering continuous business growth for a wide range of industries, not only in Japan but globally.(1) "BluStellar" is a value creation model that leads customers into the future by realizing business model innovation and solving social issues and customer management issues through advanced cross-industry knowledge backed by proven results and NEC's cutting-edge technology honed through years of development and operation.https://jpn.nec.com/dx/index.html(2) IFS Cloudhttps://www.ifs.com/ifs-cloud/ifs-cloud-overview(3) NEC Inzai Data Centerhttps://jpn.nec.com/outsourcing/dc/inzai.html About IFSIFS is the world's leading provider of industrial AI and enterprise software for manufacturing, service, and hard-core businesses that power the planet. Our technology enables companies that manufacture goods, maintain complex assets, and manage service-centric operations to unleash the transformative power of Industrial AI™ to improve productivity, efficiency, and sustainability.IFS Cloud is a fully configurable, AI-powered platform designed to deliver ultimate flexibility and adaptability to your specific requirements and business evolution. Addressing the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM), IFS' technology leverages AI, machine learning, real-time data, and analytics to help customers make informed strategic decisions. IFS technology leverages AI, machine learning, real-time data, and analytics to help customers make informed strategic decisions and achieve Moments of Service™.IFS was founded in 1983 by five college friends who pitched a tent outside the property of their first customer. They were available 24/7 and put their customers' needs first. Since then, IFS has grown into a global leader with more than 7,000 employees in 80 countries. Built on the core values of agility, customer centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic change. We are the most recommended supplier in our field. To find out why, visit ifs.com/en.About NECNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2025 JCN Newswire via SeaPRwire.com.