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
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AWS Launches Region in Italy
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
UPS Flight Forward, CVS To Launch Residential Drone Delivery Service In Florida Retirement Community To Assist In Coronavirus Response
UPS (NYSE:UPS) and CVS Health Corporation (NYSE:CVS.N) today said UPS subsidiary UPS Flight Forward (UPSFF) will use drones to deliver prescription medicines from a CVS pharmacy to The Villages, Florida for the largest U.S. retirement community, home to more than 135,000 residents. The service will use Matternet’s M2 drone system. Drone transport offers a fast delivery option … [Read more...] about UPS Flight Forward, CVS To Launch Residential Drone Delivery Service In Florida Retirement Community To Assist In Coronavirus Response
NVIDIA Completes Acquisition of Mellanox, Creating Major Force Driving Next-Gen Data Centers
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
U.S. Department of Energy Announces $131 Million for CCUS Technologies
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
GraphCMS Announces Major Product Updates to Its GraphQL Headless CMS, Amidst Changes to Its Market Positioning
GraphCMS GmbH - the company behind GraphCMS, the first GraphQL native Headless CMS - announced their latest major product update and rebranding today. As modern companies refocus their direction in assembling Digital Experience Platforms (DXPs) to deliver better customer experiences, GraphCMS aims to position itself as the go-to Headless CMS within this framework. The latest … [Read more...] about GraphCMS Announces Major Product Updates to Its GraphQL Headless CMS, Amidst Changes to Its Market Positioning
AWS Launches Region in South Africa
Amazon Web Services (AWS), an Amazon.com company (NASDAQ:AMZN), today announced the opening of the AWS Africa (Cape Town) Region. With this launch, AWS now spans 73 Availability Zones within 23 geographic regions around the world, and has announced plans for 12 more Availability Zones across four more AWS Regions in Indonesia, Italy, Japan, and Spain. Starting today, … [Read more...] about AWS Launches Region in South Africa
Department of Energy Announces $28 Million to Develop Ultrahigh Temperature Materials for Gas Turbine Applications
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
Department of Energy Announces $12 Million for Research on Quantum Information Science for Fusion Energy
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
Air Products Completes Acquisition of Five Operating Hydrogen Plants for $530 Million from PBF Energy
Air Products (NYSE: APD) today announced it has completed the $530 million acquisition of five steam methane reformer (SMR) hydrogen production plants from PBF Energy Inc. (NYSE: PBF), and has commenced the long-term supply of hydrogen from those plants to PBF refineries. The newly acquired Air Products' SMRs, with a combined production capacity of almost 300 million standard … [Read more...] about Air Products Completes Acquisition of Five Operating Hydrogen Plants for $530 Million from PBF Energy