China's AI startup Butterfly Effect has revealed financial results for the first time, projecting an annualized revenue run rate of US$90 million, largely fueled by its flagship AI agent service Manus
Despite foreign exchange headwinds and delayed shipments in the second quarter, Universal Microwave Technology (UMT) is doubling down on the fast-growing low Earth orbit (LEO) satellite market. President Dr. Tungyi Wu said the company's LEO revenue grew 40% year-over-year in the first half of 2025, for the first time accounting for more than half of total sales