TechWM Expands, UK Space Command's Tyche Launch, and Hobbycraft Sale Nears Completion

The Business Magazine Newscast

These are the top stories making the headlines across The Business Magazine website today:

TechWM welcomes more to the Board

TechWM, the organization steering the growth of the West Midlands tech industry, has bolstered its cross-city alliances by appointing four new patrons—Rigby Group, SCC, Haatch, and Midven—to assist in its mission to elevate the region to a Global Tech Superpower by 2030.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/techwm-welcomes-more-to-the-board/

UK Space Command launches Surrey-made military satellite

UK Space Command has successfully launched its first satellite, Tyche, designed and made in Surrey, to enhance the UK's intelligence, surveillance, and reconnaissance capabilities by capturing daytime images and videos of the Earth's surface.

Full story here: https://thebusinessmagazine.co.uk/manufacturing-engineering/uk-space-command-launches-surrey-made-military-satellite/

Dorset’s Hobbycraft closing in on sale - reports

Hobbycraft, the Dorset-based arts and crafts retailer with over 100 UK stores, is reportedly close to being sold to Modella Capital by Bridgepoint, which acquired the business in 2010 for £100 million.

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/dorsets-hobbycraft-closing-in-on-sale-reports/