Latest news with #ITAR-compliant
Time of India
17 hours ago
- Automotive
- Time of India
L&T technology services opens new engineering design center in plano to boost AI and digital manufacturing
L&T Technology Services , a leading global engineering and technology services company, has unveiled its state-of-the-art Engineering Design Center in Plano, Texas. This investment underscores LTTS' commitment to delivering advanced solutions in AI & Tech and establish more near shore centers tailored to the evolving needs of our clients. As an ITAR-compliant facility, the center is equipped to design, develop, and test defense-related products and systems. The new design hub will also focus on advanced cybersecurity solutions, including a Security Operations Center (SoC), an enabler for Smart City technologies. Starting with a capacity to house 100 engineers, the center aims to create more than 350 high-skilled jobs in core business segments including Mobility and Tech. Inaugurated by the Honorable Mayor of Plano, John B. Muns, Vice President at Caterpillar, Tim Graham, Honorable Consul General of India in Houston, Manjunath Chenneerappa, and President & Executive Director (Mobility & Tech) at LTTS, Alind Saxena, the center exemplifies innovation and cross-pollination of technologies. During the inauguration, LTTS' engineers demonstrated capabilities such as: Factory of the Future for Industry 4.0-based digital manufacturingTrackEI™, a real-time railway track inspection toolLTTS iDriVe framework with AD/ADAS, wireless charging, and battery management systemsFusion platform: Leverages AI to deliver real-time insights for smart cities and Industry 4.0Software Defined Imaging: An AI driven solution which uses NVIDIA's Jetson™ platform to enhance precision and efficiency in endoscopic procedures & makes it more affordable This milestone strengthens Texas' position as a hub for innovation in AI, Generative AI, and Digital Manufacturing, while underscoring LTTS' leadership in building intelligent, innovative products. U.S. Senator Ted Cruz commended LTTS on the launch of the new engineering design center stating, 'L&T Technology Services has been an example of engineering innovation and a provider of jobs here in Texas. This new center is a testament to your unwavering commitment to excellence, ingenuity and the future of the Lone Star State. I am thrilled to see that L&T Technology Services' new center will create quality jobs and provide employment to as many as 400 engineers. When companies like L&T Technology Services thrive, it sends a powerful message - Texas is open for business, and we are ready to lead in the industries of tomorrow'. Mayor of Plano, John B. Muns remarked, 'This center represents innovation at its finest and marks an important step forward for our region. With 100 professionals to start and plan to grow to over 350 engineering jobs, LTTS is not just creating opportunities, they are helping shape the future of advanced technology development and smart manufacturing. I thank LTTS for investing in North Texas and for contributing to a brighter, more innovative future.' Congressman, Pat Fallon, 4th District of Texas welcomed LTTS' investment. 'It's an exciting day for Plano and Texas as we welcome L&T Technology Services' new Engineering Design Center. This center is a testament to the State of Texas' reputation as a leader in innovation and high-tech excellence, bringing over 350 new age engineering jobs that will fuel growth in smart manufacturing and digital transformation. LTTS' investment in our community showcases the bright future we are building together.' 'This center is more than just an engineering hub — it's a symbol of our promise to bring innovation closer to our clients across all major segments and industries that we serve,' said Alind Saxena, President & Executive Director - Mobility & Tech, L&T Technology Services. 'Plano is now a critical pillar in our global delivery model, with proximity to our clients, while working closely with local partners and talent to co-create industry-defining solutions right here in Texas.'
Business Wire
2 days ago
- Automotive
- Business Wire
L&T Technology Services Launches New Engineering Design Center in Plano, Texas to Propel Advancements in AI, Tech & Digital Manufacturing
PLANO, Texas--(BUSINESS WIRE)-- L&T Technology Services (BSE: 540115, NSE: LTTS), a leading global engineering and technology services company, has unveiled its state-of-the-art Engineering Design Center in Plano, Texas. This investment underscores LTTS' commitment to delivering advanced solutions in AI & Tech and establish more near shore centers tailored to the evolving needs of our clients. As an ITAR-compliant facility, the center is equipped to design, develop, and test defense-related products and systems. The new design hub will also focus on advanced cybersecurity solutions, including a Security Operations Center (SoC), an enabler for Smart City technologies. Starting with a capacity to house 100 engineers, the center aims to create more than 350 high-skilled jobs in core business segments including Mobility and Tech. Inaugurated by the Honorable Mayor of Plano, John B. Mun s; Vice President at Caterpillar, Tim Graham; Honorable Consul General of India in Houston, Manjunath Chenneerappa; and President & Executive Director (Mobility & Tech) at LTTS, Alind Saxena, the center exemplifies innovation and cross-pollination of technologies. During the inauguration, LTTS' engineers demonstrated capabilities such as: Factory of the Future for Industry 4.0-based digital manufacturing TrackEI™, a real-time railway track inspection tool LTTS iDriVe framework with AD/ADAS, wireless charging, and battery management systems Fusion platfor m: Leverages AI to deliver real-time insights for smart cities and Industry 4.0 Software Defined Imaging: An AI-driven solution which uses NVIDIA's Jetson™ platform to enhance precision and efficiency in endoscopic procedures & makes it more affordable This milestone strengthens Texas' position as a hub for innovation in AI, Generative AI, and Digital Manufacturing, while underscoring LTTS' leadership in building intelligent, innovative products. U.S. Senator Ted Cruz commended LTTS on the launch of the new engineering design center, stating, 'L&T Technology Services has been an example of engineering innovation and a provider of jobs here in Texas. This new center is a testament to your unwavering commitment to excellence, ingenuity and the future of the Lone Star State. I am thrilled to see that L&T Technology Services' new center will create quality jobs and provide employment to as many as 400 engineers. When companies like L&T Technology Services thrive, it sends a powerful message - Texas is open for business, and we are ready to lead in the industries of tomorrow.' Mayor of Plano, John B. Muns, remarke d, 'This center represents innovation at its finest and marks an important step forward for our region. With 100 professionals to start and plan to grow to over 350 engineering jobs, LTTS is not just creating opportunities, they are helping shape the future of advanced technology development and smart manufacturing. I thank LTTS for investing in North Texas and for contributing to a brighter, more innovative future.' Congressman Pat Fallon, 4 th District of Texas, welcomed LTTS' investment. 'It's an exciting day for Plano and Texas as we welcome L&T Technology Services' new Engineering Design Center. This center is a testament to the State of Texas' reputation as a leader in innovation and high-tech excellence, bringing over 350 new age engineering jobs that will fuel growth in smart manufacturing and digital transformation. LTTS' investment in our community showcases the bright future we are building together.' 'This center is more than just an engineering hub — it's a symbol of our promise to bring innovation closer to our clients across all major segments and industries that we serve,' said Alind Saxena, President & Executive Director - Mobility & Tech, L&T Technology Services. 'Plano is now a critical pillar in our global delivery model, with proximity to our clients, while working closely with local partners and talent to co-create industry-defining solutions right here in Texas.' About L&T Technology Services Ltd L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes. Purposeful. Agile. Innovation. is how we drive growth across the Mobility, Sustainability and Tech segments. Our customer base includes 69 Fortune 500 companies and 57 top ER&D companies across industrial products, medical devices, transportation, telecom & hi-tech, and process industries. Headquartered in India, we have over 24,250 employees across 23 global design centers, 30 global sales offices, and 108 innovation labs, as of March 31, 2025. For additional information about L&T Technology Services log on to
The Wire
2 days ago
- Automotive
- The Wire
L&T Technology Services Launches New Engineering Design Center in Plano, Texas to Propel Advancements in AI, Tech & Digital Manufacturing
New facility to create over 350 high-skilled jobs in AI, digital engineering, cybersecurity and manufacturing solutions Bangalore, Karnataka, India & Plano, Texas, United States – Business Wire India L&T Technology Services (BSE: 540115, NSE: LTTS), a leading global engineering and technology services company, has unveiled its state-of-the-art Engineering Design Center in Plano, Texas. This investment underscores LTTS' commitment to delivering advanced solutions in AI & Tech and establish more near shore centers tailored to the evolving needs of our clients. As an ITAR-compliant facility, the center is equipped to design, develop, and test defense-related products and systems. The new design hub will also focus on advanced cybersecurity solutions, including a Security Operations Center (SoC), an enabler for Smart City technologies. Starting with a capacity to house 100 engineers, the center aims to create more than 350 high-skilled jobs in core business segments including Mobility and Tech. Inaugurated by the Honorable Mayor of Plano, John B. Muns, Vice President at Caterpillar, Tim Graham, Honorable Consul General of India in Houston, Manjunath Chenneerappa, and President & Executive Director (Mobility & Tech) at LTTS, Alind Saxena, the center exemplifies innovation and cross-pollination of technologies. During the inauguration, LTTS' engineers demonstrated capabilities such as: • Factory of the Future for Industry 4.0-based digital manufacturing • TrackEI™, a real-time railway track inspection tool • LTTS iDriVe framework with AD/ADAS, wireless charging, and battery management systems • Fusion platform: Leverages AI to deliver real-time insights for smart cities and Industry 4.0 • Software Defined Imaging: An AI-driven solution which uses NVIDIA's Jetson™ platform to enhance precision and efficiency in endoscopic procedures & makes it more affordable This milestone strengthens Texas' position as a hub for innovation in AI, Generative AI, and Digital Manufacturing, while underscoring LTTS' leadership in building intelligent, innovative products. U.S. Senator Ted Cruz commended LTTS on the launch of the new engineering design center, stating, 'L&T Technology Services has been an example of engineering innovation and a provider of jobs here in Texas. This new center is a testament to your unwavering commitment to excellence, ingenuity and the future of the Lone Star State. I am thrilled to see that L&T Technology Services' new center will create quality jobs and provide employment to as many as 400 engineers. When companies like L&T Technology Services thrive, it sends a powerful message - Texas is open for business, and we are ready to lead in the industries of tomorrow.' Mayor of Plano, John B. Muns, remarked, 'This center represents innovation at its finest and marks an important step forward for our region. With 100 professionals to start and plan to grow to over 350 engineering jobs, LTTS is not just creating opportunities, they are helping shape the future of advanced technology development and smart manufacturing. I thank LTTS for investing in North Texas and for contributing to a brighter, more innovative future.' Congressman, Pat Fallon, 4th District of Texas, welcomed LTTS' investment. 'It's an exciting day for Plano and Texas as we welcome L&T Technology Services' new Engineering Design Center. This center is a testament to the State of Texas' reputation as a leader in innovation and high-tech excellence, bringing over 350 new age engineering jobs that will fuel growth in smart manufacturing and digital transformation. LTTS' investment in our community showcases the bright future we are building together.' 'This center is more than just an engineering hub — it's a symbol of our promise to bring innovation closer to our clients across all major segments and industries that we serve,' said Alind Saxena, President & Executive Director - Mobility & Tech, L&T Technology Services. 'Plano is now a critical pillar in our global delivery model, with proximity to our clients, while working closely with local partners and talent to co-create industry-defining solutions right here in Texas.' About L&T Technology Services Ltd L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes. Purposeful. Agile. Innovation. is how we drive growth across the Mobility, Sustainability and Tech segments. Our customer base includes 69 Fortune 500 companies and 57 top ER&D companies across industrial products, medical devices, transportation, telecom & hi-tech, and process industries. Headquartered in India, we have over 24,250 employees across 23 global design centers, 30 global sales offices, and 108 innovation labs, as of March 31, 2025. For additional information about L&T Technology Services log on to To View the Image, Click on the Link Below: The center was inaugurated by the Honorable Mayor of Plano, John B. Muns, Vice President at Caterpillar, Tim Graham, Honorable Consul General of India in Houston, Manjunath Chenneerappa, President & Executive Director (Mobility & Tech) at LTTS, Alind Saxe (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). This is an auto-published feed from PTI with no editorial input from The Wire.
Business Standard
2 days ago
- Business
- Business Standard
LTTS unveils Engineering Design Center in Plano, Texas
L&T Technology Services has unveiled its state-of-the-art Engineering Design Center in Plano, Texas. This investment underscores LTTS' commitment to delivering advanced solutions in AI & Tech and establish more near shore centers tailored to the evolving needs of its clients. As an ITAR-compliant facility, the center is equipped to design, develop, and test defense-related products and systems. The new design hub will also focus on advanced cybersecurity solutions, including a Security Operations Center (SoC), an enabler for Smart City technologies. Starting with a capacity to house 100 engineers, the center aims to create more than 350 high-skilled jobs in core business segments including Mobility and Tech.
Cision Canada
4 days ago
- Business
- Cision Canada
Skyeton Canada Inc. Closes Strategic Seed Round Led by Research Capital Corporation, Launching Disruptive Entry into North American UAV Market
TORONTO, June 24, 2025 /CNW/ - Skyeton Canada Inc. (" Skyeton Canada" or the " Company"), a next generation venture in the unmanned aerial systems (UAS) sector, today announced the successful close of its initial private placement financing round. The offering, which was led by Research Capital Corp, positions Skyeton Canada to initiate scaled commercial operations and accelerate the deployment of its cutting-edge, dual-use drone platforms across defence, and civil / industrial sectors. This foundational capital raise is expected to enable the phased activation of Skyeton Canada's integrated three-channel business model comprising: OEM UAV platform sales of its RA™ UAV long-endurance systems; Drones-as-a-Service (DaaS) offerings for turnkey surveillance and monitoring missions; and AI-enabled Data-as-a-Service solutions providing actionable geospatial intelligence for enterprise and government customers. With momentum building for subsequent capital raises, Skyeton Canada is now uniquely positioned to emerge as a leading North American player in the fast-evolving UAV and aerial intelligence market. "Skyeton will not just build drones—we're also delivering sovereign surveillance capabilities with strategic agility," said a company spokesperson. "From border security to energy infrastructure monitoring, we offer unparalleled endurance, precision, and cost-efficiency in one package—operationally proven, manufactured in Canada, and ready for North America's unique surveillance needs." About Skyeton Canada Inc. Skyeton Canada Inc. is developing as a vertically integrated manufacturer of advanced long-endurance, Beyond Visual Line of Sight (BVLOS) unmanned aerial vehicles and tailored services to high-demand government and commercial applications. At the core of its offerings is the RA™ UAV platform, an up to 30-hour, 3,000 km / 1,800-mile endurance drone engineered for Intelligence, Surveillance, and Reconnaissance (ISR) missions in austere or expansive terrain, including the littoral. Operationally proven, and to be precision-built in Canada, the RA™ system will be ITAR-compliant, modular, and interoperable with both NATO-aligned defence frameworks and enterprise-grade civil use cases. Skyeton's platform bridges a critical capability gap—between costly manned aircraft and limited short-range drones—offering a cost-effective, AI-integrated solution for critical infrastructure and natural resource surveillance—including forestry and agriculture—Arctic and coastal monitoring, border integrity, public safety, and search-and-rescue (SAR) missions. Strategic Vision & Industrial Alignment Operating at the intersection of aerospace innovation and national security resilience, Skyeton Canada mission is aligned with Canada's defence modernization, domestic procurement, and whole-of-government surveillance priorities. Its collaborative approach will include partnerships with federal agencies, Indigenous communities, and domestic technology providers to ensure secure, sovereign ISR capabilities within Canada's industrial base. With a rapidly scalable DaaS model and in-house manufacturing capacity, Skyeton aims to meet growing global demand for persistent aerial intelligence solutions in military, civil, energy, environmental, and other essential sectors. Cautionary Statement Regarding Forward-Looking Information This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements include, but are not limited to, statements with respect to the future growth potential of the Company, the Company's strategic vision and business strategy, use of proceeds from the offering, and future requirements for capital. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out here in, including but not limited to: the successful integration of technology; the ability to enter into agreements for the purchase and sale of its products; fluctuations in general macroeconomic conditions; the Company's limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the drone and UAV industry; unproven markets for the Company's product offerings; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of cost estimates; the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions; and liability, competition, loss of key employees and other related risks and uncertainties. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements' best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward looking statements or information.
