Tech

Moovit is a MaaS Solutions Company Known for Its Popular Urban Mobility App Intel Corporation today announced it has acquired Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900 million ($840 million net of Intel Capital equity gain). Moovit is known for its urban mobility application that offers travelers around the world the best multimodal … [Read more...] about Intel Acquires Moovit to Accelerate Mobileye’s Mobility-as-a-Service Offering

AbCellera’s world-leading drug discovery technology identifies antibodies for potential use in drugs to treat and prevent COVID-19 AbCellera announced today it has received a commitment of up to $175.6 million in support from the Government of Canada under Innovation, Science and Economic Development’s (ISED) Strategic Innovation Fund (SIF) to expand efforts related to the … [Read more...] about AbCellera Receives $175.6 Million from the Government of Canada to Discover Solutions for COVID-19 and Build a Manufacturing Facility for Antibody Drugs

The Shell GameChanger AcceleratorTM Powered by NREL (GCxN) today announced three new startups to participate in the program following a multistage competitive evaluation. GCxN provides promising cleantech startups with technical resources to accelerate product commercialization while de-risking investment. The new companies represent the program’s third cohort, and are focused … [Read more...] about Three startups with solar and energy storage technologies selected for Shell GameChanger Accelerator™ Powered by NREL

Although much of the press coverage of QIS is on quantum computing, experts generally divide QIS into four categories: sensing and metrology, communications, simulation, and computing (some combine simulation and computing). Each can be used for a variety of applications. For example: Sensing and metrology—navigation, precise timekeeping, locating subterranean mineral … [Read more...] about Quantum Information Science: Congressional Activity and Federal Policy Recommendations

Last year Hyosung Chairman Cho Hyun-joon made a large-scale investment in carbon fiber. This time he started another ambitious hydrogen economy project to build the world’s largest liquid hydrogen plant. Hyosung (KRX:004800) and the Linde Group, a leading global provider of industrial gases, will invest 300 billion won until 2022 in their joint enterprise of creating a value … [Read more...] about Hyosung Chairman Cho Hyun-joon to Build the World’s Biggest Liquid Hydrogen Plant

Amazon Web Services (AWS), an Amazon.com company (NASDAQ:AMZN), today announced the opening of the AWS Europe (Milan) Region. With this launch, AWS now spans 76 Availability Zones within 24 geographic regions around the world, and has announced plans for nine more Availability Zones and three more AWS Regions in Indonesia, Japan, and Spain. The AWS Europe (Milan) Region is the … [Read more...] about AWS Launches Region in Italy

NVIDIA today announced the completion of its acquisition of Mellanox Technologies, Ltd., for a transaction value of $7 billion. The acquisition, initially announced on March 11, 2019, unites two of the world’s leading companies in high performance and data center computing. Combining NVIDIA’s leading computing expertise with Mellanox’s high-performance networking technology, … [Read more...] about NVIDIA Completes Acquisition of Mellanox, Creating Major Force Driving Next-Gen Data Centers

Today, the U.S. Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $131 million for carbon capture, utilization, and storage (CCUS) research and development (R&D) projects through one new funding opportunity announcement (FOA) and the winners of five project selections from a previous FOA. Under the new FOA, Engineering-Scale Testing from Coal- and … [Read more...] about U.S. Department of Energy Announces $131 Million for CCUS Technologies

Today, the U.S. Department of Energy announced up to $28 million in funding for a new Advanced Research Projects Agency-Energy (ARPA-E) program, ULtrahigh Temperature Impervious Materials Advancing Turbine Efficiency (ULTIMATE). The ULTIMATE program will develop and demonstrate ultrahigh temperature materials that can operate in high temperature and high stress environments of … [Read more...] about Department of Energy Announces $28 Million to Develop Ultrahigh Temperature Materials for Gas Turbine Applications

Today, the U.S. Department of Energy (DOE) announced a plan to provide $12 million for research in Quantum Information Science (QIS) for fusion energy and plasma science. “The Department of Energy is proud to support Quantum Information Science research to further our knowledge of fusion energy,” said Under Secretary for Science Paul Dabbar. “Research of different forms of … [Read more...] about Department of Energy Announces $12 Million for Research on Quantum Information Science for Fusion Energy

Arm has been at the forefront of enabling generations of cellular technology. It has worked with the ecosystem for more than 25 years to become the leading CPU architecture of choice for base stations deployed around the world. 5G technology holds tremendous promise towards delivering a connected world well beyond traditional human-to-human connectivity. The orders of magnitude … [Read more...] about Arm Enables Open Platforms in 5G RAN, Joins O-RAN Alliance to Foster Innovation in Next Generation Cellular Infrastructure