1. Quinas receives £1.1m for UltraRAM production; 2. GlobalWafers gets $400m from US Chips Act for new facilities; 3. Maritime satellite comms market expected to double by 2033.

1. Quinas, a startup founded by IQE and universities of Lancaster and Cardiff, has received £1.1 million from Innovate UK for UltraRAM mass production. 2. UltraRAM, invented by Lancaster physics professor Manus Hayne, offers non-volatile memory with DRAM-like speed and efficiency. 3. The funding will help scale up UltraRAM wafer production from 3” to 6” using MOVPE technique at IQE.