JACKSON–Consumers Energy announced plans to install 123 new automatic transfer reclosers in 2023 to help prevent power outages and improve electric reliability for customers. The energy provider’s investment in automation is a key part of the company’s overall electric reliability plan that aims to reduce both the number and length of power outages. ATRs are
NOVI–CerebrumX Lab Inc. an automotive data services and product provider, has announced a strategic investment from BlackBerry that will help it ramp up the delivery of new in-vehicle products and services that make it easier for automakers to create new applications in their products. The amount of the investment was not disclosed. CerebrumX’s platform has
BLOOMFIELD HILLS–Zivo Bioscience Inc., a biotech and agriculture-tech research and development company developing medicines and nutritional products from algae cultures, announced a $1 million unsecured six-month loan from Chairman and CEO John Payne. The loan carries 10% simple interest, may be prepaid without penalty, is extendable for an additional six months and includes warrants to
ANN ARBOR–The tactile display developer NewHpatics announced that it had been awarded a Phase II Small Business Innovation Research grant from the National Science Foundation. This $1 million SBIR grant is the fourth SBIR award received by NewHaptics to date and supports the company’s continued progress towards delivering a multiline refreshable braille display for the
SOUTHFIELD–Tooling U-SME, the workforce training and development arm of SME, and CyManII, the cybersecurity mnufacturing inovation Institute, have partnered to deliver “CyManII Sealed” – endorsed cybersecurity training for manufacturers. As cyberattacks grow increasingly sophisticated and threat landscapes expand, organizations and their employees need to understand how to raise awareness and take actionable preventative measures to
DETROIT–Grounded, an electric RV startup, announced its launch of what it says is the world’s first fully customizable smart electric RV. Grounded will begin delivering its first G1s via a monthly subscription model, annual lease, and direct purchase in April. The company developed the G1 in response to a growing demand for spending time in
ANN ARBOR–Autonomous driving developer May Mobility has launched its third-generation autonomous driving system, which the company described as “another significant step on the path to driverless commercial operations that will improve safety, efficiency and rider satisfaction. Improvements include increased speed, tele-assist capabilities and improved detection accuracy.” The company said its new autonomy system includes its
TROY–The increasing volume of battery electric vehicles being serviced at dealerships is contributing to a negative effect on overall customer service satisfaction, resulting in a year-over-year decline in score for the first time in 28 years. According to the J.D. Power 2023 U.S. Customer Service Index Study, satisfaction with the service experience declined 2 points to
EAST LANSING–Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union, announced $8 million in investments to support and grow several emerging fintech companies. The investments are spread across the four companies—Nymbus, Flow Networks, Prizeout, and Larky—and are part of Reseda Group’s efforts to bring innovative technology and solutions to help credit unions create a
SOUTHFIELD—Officials at Lawrence Technological University have signed the Detroit Regional Talent Compact, an equity-driven initiative led by the Detroit Regional Chamber’s Detroit Drives Degrees program. The Compact brings together stakeholders from business, philanthropy, government, K-12, and higher education to accomplish two goals: increase the Detroit region’s postsecondary attainment rate to 60% and reduce the racial equity
