Covestro – a leading polymer materials and chemicals producer – has announced that it has entered into formal negotiations with the Abu Dhabi National Oil Company (ADNOC) for a potential transaction value of nearly €14.4 billion. Discussions first began last year, but have now moved to the next stage following an increase in ADNOC’s offer from €60 to €62 per share.

A research team from Japan, including scientists from Hitachi, Kyushu University, RIKEN, and HREM Research, has achieved a significant breakthrough in observing magnetic fields at unimaginably small scales.

Following the news that Meta Materials had laid off 80% of its workforce and was looking for buyers of the business (see HN June 2024), a filing at the United States Securities and Exchange Commission states that it has agreed to sell most of its authentication business assets (Nanotech Security Corporation, or NCS) to security solutions provider Authentix for $10 million, excluding certain assets such as cash and real estate.

In last month’s issue, we reported a few holographic sustainable innovations showcased by industry players at Luxe Pack New York, held in May.

Meta Materials, a materials and nanotechnology specialist that acquired the security features company Nanotech Security Corp in 2021, has announced an 80% workforce reduction, citing challenges with liquidity and securing additional financing. It is understood that most of the workforce of over 100 has already been let go.

Reconnaissance International – the leading global source of business intelligence on currency, identity, authentication and traceability – has unveiled a new industry reference glossary.

De La Rue, a longstanding Microsoft partner, has recently signed a five- year renewal contract to provide authentication products to Microsoft’s OEM, Retail, and Xbox channels. The company has been fulfilling this role for several years. Under the agreement, De La Rue will continue to deliver solutions to Microsoft’s partners worldwide.

Ceres Holographics is hoping to disrupt current technology in the automotive display industry with what it claims to be the world’s first in-plane heads-up display (HUD), featuring multiple transparent displays on a single windshield.

Reconnaissance International, publisher of Holography News® (HN), is delighted to announce the appointment of Chander S Jeena as the new editor of HN.

Pearl Group, a global leader in polyurethane insulation solutions, has launched new tamperproof labels with holograms and drum-specific QR codes across its entire product range.