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The autonomous mobility revolution accelerated this week as Plus Automation secured a landmark $1.2 billion SPAC merger with Churchill Capital Corp IX, infusing $300 million to commercialize AI-based virtual driver software for autonomous trucking by 2027. This milestone coincided with Impulse Space's record-breaking $300 million Series C—one of the largest venture rounds in space industry history—to scale production of its Mira and Helios spacecraft for in-space mobility. Meanwhile, emerging markets embraced next-generation transport, as AeroVecto partnered with Romanian developer LYNEports to launch flying car services in Oman, developing hybrid eVTOL aircraft for mass public transportation. The sector's diversity was further highlighted by Hypercraft's $26 million Series A at a $106 million valuation, targeting hybrid and electric powertrains for specialized vehicles from mining trucks to military applications.

Nuclear energy captured headlines as Meta signed a 20-year agreement with Constellation Energy to purchase 1.1 gigawatts of power from Illinois' Clinton Clean Energy Center, marking another tech giant's commitment to clean baseload power for AI operations. Strategic consolidation dominated renewables markets, with Partners Group's $450+ million acquisition of PowerTransitions to transform legacy thermal power plants into solar-plus-storage hubs, while TotalEnergies expanded its UK portfolio with 350 MW of solar projects and 85 MW of battery storage from Low Carbon. The fusion frontier gained momentum as TAE Technologies raised an additional $150 million from backers including Google and Chevron, bringing total funding to approximately $1.8 billion as the company advances commercial fusion power development. Honeywell's $2.16 billion all-cash acquisition of Sundyne further consolidated the energy transition supply chain, integrating specialized pumps and compressors with automation systems.

Physical AI investments surged as Aerones secured $62 million in oversubscribed financing to scale AI-driven robotic inspection and maintenance solutions for wind turbines, addressing the industry's critical technician shortage as global wind capacity doubles by 2030. Defense applications dominated the space with Anduril Industries' massive $2.5 billion Series G funding round, more than doubling its valuation to $30.5 billion as the company expands autonomous drone and sensor platforms for military applications. The convergence of AI and physical systems extended to specialized sectors, with Latvia-based Aerones leveraging machine learning to optimize turbine performance and reduce maintenance costs across more than 30 countries.

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Mobility

1. Plus Automation Merges with Churchill Capital Corp IX (SPAC)
Plus Automation, a U.S.-based physical AI company specializing in virtual driver software for autonomous trucking, agreed to merge with Churchill Capital Corp IX in a SPAC transaction that values the combined entity at $1.2 billion pre-money and is expected to infuse ~$300 million in gross proceeds.
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2. Vecmocon Technologies Closed $18M in Series A Funding

Vecmocon Technologies, a deep-tech electric mobility startup, successfully closed its Series A funding round on June 9, 2025, securing $18 million to accelerate R&D efforts and scale connected electric vehicle solutions globally.
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3. Wireless Mobility Corporate Merger

On June 2, 2025, German-based Wireless Mobility Holding GmbH announced it will acquire both Wireless Mobility Germany GmbH and US-based NetPrisma Inc. to create a unified Western supplier for the IoT and automotive industry.
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4. AeroVecto Partners for Flying Car Development in Oman

Omani startup AeroVecto signed an agreement with Romanian vertiport developer LYNEports to prepare for the launch of flying cars in the sultanate, developing the Shuttle eVTOL aircraft for mass public transportation

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5. Hypercraft Raises $26m Series A, Surpasses $100m Valuation Milestone

Hypercraft, a leading hybrid and electric powertrain supplier reshaping the future with its software-defined mobility operating system, announced today the completion of a $26 million Series A raise, with a post-money valuation of $106 million. The funds will be used to support Hypercraft's re-imagining of mobility technology defined by software and AI, and to create an open ecosystem that third-party developers can create apps for, simplifying the integration of new technology for OEM's.
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6. Impulse Space Announces $300M Venture Capital Round For Growth
Spacecraft startup Impulse Space said it raised $300 million in a Series C funding round, asserting it was “one of the largest venture rounds in the history of the space industry.”
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Energy Transition

1. Energize Capital Closes $430 Million Climate Fund
Climate solutions-focused investor Energize Capital announced on June 3, 2025, that it successfully raised $430 million for its Ventures Fund III, aimed at investing in digital technologies accelerating the energy transition.
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2. Meta's Nuclear Power Agreement 

Meta signed a 20-year nuclear power deal with Constellation Energy on June 3, 2025, to meet surging power demand for its artificial intelligence operations . The joint investment will expand the output of a nuclear plant in Illinois by 30 megawatts, preserve 1,100 local jobs, and generate $13.5 million in annual tax revenue
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3. Honeywell Completes $2.16B Acquisition of Sundyne (Jun 9, 2025)

Honeywell completed its acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction, expanding capabilities in energy transition technologies and process industry equipment. Read more

4. Partners Group Acquires PowerTransitions ($450+ Million)

Partners Group agreed to acquire PowerTransitions, a US utility-scale power developer, from EnCap Investments for over $450 million on June 4, 2025. The transaction represents the largest disclosed deal of the week and focuses on transforming legacy thermal power assets through co-location of solar and battery energy storage systems.
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5. TotalEnergies Expands UK Renewable Portfolio

French energy giant TotalEnergies acquired eight UK solar projects totaling 350 MW capacity, plus two battery storage projects with 85 MW total capacity, from renewable energy company Low Carbon on June 3, 2025. Read more

6. TAE Technologies Secures $150 Million

Fusion energy company TAE Technologies raised an additional $150 million in funding on June 3, 2025, with participation from existing backers Google, Chevron, and New Enterprise Associates. This represents TAE's 12th funding round, bringing the company's total raised capital to approximately $1.8 billion. Read more

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Physical AI

1. Aerones Raises $62M for Wind Turbine Robotics

Aerones secures $62M in oversubscribed financing round - Latvian robotics company Aerones, which specializes in AI-driven robotic inspection and maintenance solutions for wind turbines, raised $62 million in funding on June 3, 2025.
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2. Anduril Defense Technology Raise
Defense technology company Anduril Industries completed a massive $2.5 billion Series G funding round led by Founders Fund, more than doubling its valuation to $30.5 billion . The funding will support expansion of the company's autonomous drone and sensor platforms for defense applications.

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Information provided by Mavka Capital. Securities are offered through Finalis Securities LLC, a member of FINRA/SIPC. Mavka Capital and Finalis Securities LLC are separate, unaffiliated entities. The information contained in this message does not constitute legal advice and should not be considered an offer to purchase or a solicitation to sell securities or any other financial instruments; it is for informational purposes only.