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Funding Friday: JBS issues $500M for meatless acquisition, ColdQuanta raises $20M gap round – BizWest


Notable rounds this week:
JBS USA said it would issue $500 million in new bonds due in 2031 to finance its announced acquisition of Vivera B.V. The notes were not priced or given interest rates as of Friday morning.
Vivera is based in the Netherlands and is the third-largest maker of plant-based meat and dairy substitute products in Europe. JBS previously
disclosed the acquisition to foreign regulators in April, saying it would pay $408 million for Vivera.
JBS USA is the American arm of Brazilian meat giant JBS S.A., and counts Pilgrim’s Pride Corp. (Nasdaq: PPC) as a sister company. ....

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High-BIAS2 Accelerates Quantum Sensing Into Commercialization With New Milestones For Quantum Positioning System


High-BIAS2 Accelerates Quantum Sensing Into Commercialization With New Milestones For Quantum Positioning System
2 Quantum Supply Chain
LONDON, April 29, 2021 /PRNewswire/ The High-BIAS
2 (High Bandwidth Inertial Atom Source) project today announced new milestones that move the industry closer to safer skies with more precise inflight navigation systems. The project has advanced its development of a cold atom-based Quantum Positioning System (QPS), which enables vehicle navigation without a GPS (Global Positioning System) or GNSS (Global Navigation Satellite System) signal. Reducing the reliance on GPS and GNSS technologies is critical for scenarios where signals from these systems are not available, such as underwater or in space, or when they suffer disruptions due to technical issues, cyberattacks, and atmospheric or reflection effects. High-BIAS ....

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