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Finance News 22 June 2025 - 18 July 2025

Robotaxis, Rocket Launches, and Record Profits – Tech Highlights (July 17–18, 2025)

Robotaxis, Rocket Launches, and Record Profits – Tech Highlights (July 17–18, 2025)

Uber to deploy 20,000 robotaxis across the United States starting in 2026, with a $300 million investment in Lucid Motors and a partnership with Nuro to use Lucid Gravity SUVs with Nuro’s autonomous driving system. Fortinet FortiWeb faced a critical SQL injection flaw, CVE-2025-25257, compromising at least 49 instances as of July 17. Australian medical tech firm Compumedics disclosed a ransomware breach exposing more than 320,000 patient records across three countries. Google rushed out a patch for the fifth Chrome zero-day vulnerability of 2025. SpaceX launched 24 Amazon Kuiper satellites from Cape Canaveral on July 17, the third Kuiper deployment,
18 July 2025
Global FinTech Developments – June–July 2025

Global FinTech Developments – June–July 2025

Revolut will integrate the European Payments Initiative’s Wero wallet into the Revolut app for customers in France, Belgium and Germany, a system launched in 2024 that already has over 40 million users and aims to add e-commerce payments by late 2025 (announced June 26, 2025). Lunar, the Nordic digital bank, announced in June 2025 partnerships with Visa-owned Pismo for card issuing and with Wise Platform for global transfers, making Lunar the first Nordic bank to deploy these cloud and platform solutions. In the UK, Visa launched a new pay-by-bank A2A service in early June 2025 that uses real-time Faster Payments
2 July 2025
Satellite Financing, M&A, and IPO Tracker 2024–2029

Satellite Financing, M&A, and IPO Tracker 2024–2029

Global space startup funding reached about $8.6–$9.5 billion in 2024. By Q3 2024, space tech funding had risen to $6 billion, nearly the total for 2023. In 2024, 73 space-related acquisitions were announced, including 23 in NewSpace, a 39% increase from the previous year. SES agreed to acquire Intelsat for $3.1 billion in 2024, with closing expected in the second half of 2025. Eutelsat’s takeover of OneWeb was valued at about $3.4 billion (announced 2022, closed 2023), creating a hybrid GEO+LEO operator. Lockheed Martin acquired Terran Orbital for about $450 million in August 2024 to secure in-house smallsat production. KBR
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