FREUDENSTADT, GERMANY – Schmid Group N.V. has completed a $30 million financing round following the closing of the second $15 million tranche of convertible notes issued to an institutional investor.

BROOKLYN, NY – IEH Corporation reported a record order backlog exceeding $23 million as rising demand for defense systems increases orders for its Hyperboloid connectors and interconnect assemblies.

MIAMI, FL – Element Solutions reported 2025 net sales of $2.5 billion, up 4% year over year on a reported basis and 6% organically, driven by double-digit organic growth in its electronics segment tied to datacenter infrastructure and high-performance computing demand.

MUMBAI – Fine-Line Circuits Limited reported a 19.5% year-over-year decline in third quarter revenue while posting a 14.8% increase in net profit.