Manufacturing & Industrial Technology

Cleveland – October 12, 2026 -- Peak Nanosystems has closed a $25mm investment from Squadron Capital to fund its acquisition of Cleveland-based PolymerPlus, giving the nanotechnology group entry into the capacitor market.

Peak Nanosystems is the parent company of Peak Nano Optics and Peak Nano Films. It will also use proceeds to expand in-house optical product development.

Acquisition secures exclusive nanolayered film IP from Case Western Reserve University

Through the deal, Peak Nanosystems gains exclusive rights to broad nanolayered film intellectual property developed at Case Western Reserve University. It also acquires in-house technology developed by PolymerPlus. The rights cover both optics and film capacitors.

Valley View, Ohio – October 12, 2026 -- Peak Nano has secured two U.S. patents for dielectric capacitor films that it says deliver four times the energy density of current biaxially oriented polypropylene (BOPP) film and hold full capacity up to 135°C, versus the 85°C limit of industry-standard BOPP.

Patent US12427754B2 targets smaller capacitor banks with a multilayered HDC film

The first patent covers Peak Nano's corona-treated multilayered High Dielectric Constant (HDC) film. Its surface modifications are optimized for metallization, tighter winding and integration in wound metallized capacitors.

The company says the nanolayer architecture delivers four times higher energy density and greater stability than state-of-the-art BOPP. Engineers can design capacitor banks up to two times smaller, cutting cost and system complexity.

Valley View – – October 12, 2026 -- Peak Nano has secured R&D funding from the Greater Akron Polymer Innovation Hub to develop nanolayered biodegradable multilayer polymer films for food, beverage and medical packaging, one of eight projects selected from more than 40 regional proposals.

Peak Nano targets hard-to-recycle multilayer barrier films

The Ohio company aims to replace conventional multilayer packaging film, which can contain many tightly bonded layers of polymers and additives that are difficult or impossible to recycle. Over time these materials fragment and shed micro- and nanoparticles into soils and waterways. Peak Nano says its alternative will keep barrier performance intact while being engineered for biodegradability.

Valley View, Ohio – October 12, 2026 -- Peak Nano has launched NanoPlex Films as a Service (FaaS), a design, prototyping and low-rate manufacturing platform that delivers working nanolayer film prototypes in as few as 6-10 weeks, compared with the multi-year timelines of new polymer development.

The platform targets medical, food and beverage packaging, power systems, electronics, aerospace, defense and industrial customers. It is built on Peak Nano's patented NanoPlex technology and what the company describes as more than 60 years of nanolayer systems formulation and processing expertise.

Valley View – October 12, 2026 -- Peak Nano's NanoPlex LDF film holds 95% of its room-temperature breakdown strength at 135°C and handles 25% more current than traditional film at the same voltage and temperature, without derating. Advanced Conversion has selected it as the dielectric for its new HP Drive Test Kit, a DC-link inverter solution for 800V+ Silicon Carbide (SiC) power electronics.

Advanced Conversion is a wholly owned subsidiary of Electro Technik Industries (ETI) of Clearwater, Florida. The companies describe the kit as one of the first fully domestic DC-link solutions for high-voltage e-mobility. Target platforms include Formula E and performance automotive, electric buses and heavy trucks, off-highway and industrial vehicles, and electrified aviation.

Stockholm – October 12, 2026 -- Sandvik has booked an underground equipment order worth around SEK 340 million from Mexican mining contractor Constructora Minera Villagómez S.A. de C.V. (CoMinVi), the company said. The order was recorded in the second quarter.

Order covers trucks, loaders and drill rigs for several CoMinVi sites

The equipment will be used at several of CoMinVi's contract sites across Mexico. The package comprises trucks, loaders and drill rigs.

Deliveries run from 2026 through 2028

Deliveries are expected to begin during 2026 and continue through 2028, spreading revenue recognition across multiple years.

Patrick Murphy, President of Sandvik's Mining business area, described the deal as a deepening of a longstanding partnership, saying Sandvik looks forward to "continue supporting their operations."

Stockholm -- Sandvik AB will publish its second-quarter 2026 results on Friday, October 12, 2026, at approximately 11:30 AM CEST, with CEO Stefan Widing and CFO Cecilia Felton presenting the figures.

Sandvik schedules investor webcast and call for 13:00 CEST on July 17

A combined webcast and conference call for investors, analysts and financial media starts at 13:00 CEST, about 90 minutes after the report is released. Widing, President and CEO, and Felton, CFO, will present the report. The presentation will be streamed live on the company's website.

Slides go online around 12:30 CEST, 30 minutes before the call

Presentation slides will be available on the Sandvik website from about 12:30 PM CEST. Participants can review the material before the call begins.

Stockholm – October 12, 2026 -- Sandvik has acquired Mastercam India and select assets of CAD/CAM CONSULTING SERVICES INC. (CCCS), two long-standing Mastercam channel partners that together generated net annual revenue of around SEK 120 million in 2025.

Both companies will join the Mastercam business unit and report within the Intelligent Manufacturing business area. The deals follow a series of similar acquisitions Sandvik has made in recent years and are intended to strengthen local capabilities and widen its sales network across regions.

Mastercam India adds 41 employees and SEK 81 million in revenue

Mastercam India is headquartered in Pune, India. It employs 41 people and recorded net annual revenue of around SEK 81 million in 2025.

CCCS contributes 14 employees and SEK 39 million in revenue

CCCS is headquartered in California, US, and has 14 employees. Its net annual revenue was around SEK 39 million in 2025.

Stockholm – October 12, 2026 -- Sandvik lifted second-quarter adjusted EBITA to SEK 8,306 million from SEK 5,629 million a year earlier, with the adjusted EBITA margin widening to 22.6% from 19.0%.

Revenues rise 24% at fixed exchange rates

Revenues reached SEK 36,752 million, up from SEK 29,700 million in the prior-year quarter. At fixed exchange rates, revenue growth was 24%, of which 23% was organic.

Order intake totaled SEK 37,799 million, against SEK 32,206 million a year earlier. At fixed exchange rates it grew 17%, and organic growth was also 17%.

Adjusted EBIT margin expands to 21.4%

Adjusted EBIT rose to SEK 7,855 million from SEK 5,194 million, lifting the margin to 21.4% from 17.5%. Adjusted profit before tax came in at SEK 7,601 million, compared with SEK 4,855 million.

Stockholm – October 12, 2026 -- Sandvik has secured an underground mining equipment order worth around SEK 275 million from Kamoa Copper S.A. for the Kamoa-Kakula copper mine in the Democratic Republic of the Congo.

Sandvik will book the SEK 275 million order in the third quarter of 2026

The package includes trucks and loaders. Two of the loaders will be equipped with AutoMine®, Sandvik's automation solution.

Deliveries to Kamoa-Kakula run from Q4 2026 through Q3 2027

Shipments are scheduled to begin in the fourth quarter of 2026 and continue through the third quarter of 2027, a delivery window of roughly one year.

Kamoa-Kakula is a long-life, high-grade underground copper operation. Sandvik machines have operated at the site since 2019, making this a repeat selection by the customer.