Month: January 2021

Hyundai said to be agonizing over Apples electric car

Apple is rumored to desire Hyundai mainly for final assembly in the US.

Firehawk Aerospace extends seed funding to $2.5 million with $1.2 million from Harlow Capital

The startup’s Chief Scientist Ron Jones was able to get around these limitations with 2 brand-new techniques: Using a fuel with a hard polymer structure and producing it utilizing additive manufacturing instead of casting through molds with a liquid that solidifies.

Rocket fuel technology start-up Firehawk Aerospace has actually added $1.2 million to its existing seed financing, bringing the full quantity purchased the round to $2.5 million. The brand-new tranche comes from Harlow Capital Management, a Dallas-based company run by Colby Harlow, who will sign up with Firehawk’s board of directors as part of the deal.

Firewhawk, which was a finalist in our first-ever all-virtual Startup Battlefield at TC Disrupt last September, has actually developed a brand-new type of hybrid rocket fuel that greatly improves rocket launch transportation, expense and safety utilizing additive production (generally, the full-grown variation of 3D printing). Hybrid rocket fuel (which integrates elements of both strong and liquid propellants used formerly) isn’t new, however past innovation has actually been not able to contend on cost and effectiveness relative to existing nonhybrid alternatives.

Firehawk now intends to utilize its seed moneying to check its innovation in operational conditions and at the kind of scale needed for commercialization, and to construct out its partnerships and customer list. The start-up likewise plans to grow its R&D and manufacturing operations in both Texas and Oklahoma.

The redesigned Tesla Model S interior swaps in a steering yoke

The newly exposed Model X Plaid can output the equivalent of 1,020 horsepower. Over the previous couple of weeks, the business stated it’s been retrofitting its Fremont factory to prepare for production on the brand-new Model S and Model X.

Figure Out Your Next Cars Emissions and Monthly Costs with Carboncounter

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How Biden and Harris could refocus the White House on science

“Under the American AI Initiative, efforts are underway to promote R&D and labor force advancement, work together with global partners, establish technical standards, and much more.”I believe with the Biden administration, we’re going to see a bigger focus on science generally,” Dr. Danny Tobey, partner at international law firm DLA Piper, told Engadget. Will Hunt, a fellow at UC Berkeley’s AI Security Initiative welcome’s extra regulation, arguing that it is an exceptional option to permitting the technology to continue to develop unabated.

“Under the American AI Initiative, efforts are underway to promote R&D and labor force development, team up with worldwide partners, establish technical standards, and much more. The new Biden administration prepares to make a tidy break from Trump’s openly hostile stance towards the sciences.”I believe with the Biden administration, we’re going to see a bigger focus on science typically,” Dr. Danny Tobey, partner at international law company DLA Piper, informed Engadget. Will Hunt, a fellow at UC Berkeley’s AI Security Initiative welcome’s extra regulation, arguing that it is an exceptional alternative to permitting the technology to continue to establish unabated. “The Biden administration has a real opportunity to focus on partnerships where synthetic intelligence and other types of scientists are working together to actually advance the ball,” Tobey stated.

China’s search giant Baidu to set up an EV making venture

Baidu’s vehicle push is part of its effort to diversify a company relying on search marketing profits. New media platforms such as ByteDance’s Toutiao news aggregator and short-video app Douyin come with their own search function and have slowly eroded the share of standard search engines like Baidu. The brand-new endeavor will operate as a Baidu subsidiary where Geely will serve as a strategic partner and Baidu units like Apollo and Baidu Maps will contribute abilities.

Baidu’s vehicle push is part of its effort to diversify a service relying on search marketing revenue. New media platforms such as ByteDance’s Toutiao news aggregator and short-video app Douyin come with their own search function and have actually slowly worn down the share of traditional search engines like Baidu. Baidu has actually been working aggressively on self-governing driving given that 2017. The brand-new venture will run as a Baidu subsidiary where Geely will serve as a strategic partner and Baidu units like Apollo and Baidu Maps will contribute capabilities.

Tesla to make India debut ‘early’ next year

Tesla has actually for years expressed interest in broadening to India. Maruti Suzuki, Hyundai, salt-to-steel giant Tata and Mahindra currently command the auto market in India. India has emerged as one of the world’s biggest battlegrounds for American, South Korean and Chinese firms that are looking at the South Asian market to expand their user and consumer bases.

Tesla has actually for years expressed interest in broadening to India. Like somewhere else in the world, Musk has accumulated 10s of millions of fans in India. Maruti Suzuki, Hyundai, salt-to-steel giant Tata and Mahindra currently command the automobile market in India. And by the appearances of it 30x (cost of the car) by the time it releases in India. India has actually emerged as one of the world’s largest battlegrounds for American, South Korean and Chinese companies that are looking at the South Asian market to expand their user and consumer bases.

Air taxi startup Archer is partnering with automaker FCA on production of its electric aircraft

Archer, a business that’s looking to develop an airline of electric vertical take-off and landing (eVTOL) aircraft for use in city transportation, will deal with automaker Fiat Chrysler Automobiles (FCA) in a new partnership to gain from the latter’s proficiency in engineering, style, supply chain and products science. Archer aims to begin production of its eVTOLs at scale start in 2023, with a preliminary unveiling to take place early this year.

The brand-new team-up will see FCA supply input that contributes to the style of Archer’s eVTOL cockpit, also, another location where the automaker has ample expertise, since it has actually developed areas for motorists for many decades in its vehicle service. Archer’s airplane will be powered by an electric motor, and will be able to fly for up to 60 miles at top speeds of 150 mph. The Archer eVTOL is created to be efficient and quiet, with efforts from the FCA partnership approaching reducing the expense of its production to make high-volume production possible and sustainable.

Ultimately, Archer is looking to FCA to help it recognize performances in its process that can make bringing its eVTOL to market a sound company that can also be accessed affordably by end users. Palo Alto-based Archer is aiming to eventually scale production to the point where it can produce “thousands” of its eVTOL aircraft each year, for use in future air taxi services serving cities internationally.

Based in Palo Alto and led by co-founders Brett Adcock and Adam Goldstein, and consisting of industry executives like Chief Engineer Geoff Bower, who formerly served because role at Airbus’ Vahana eVTOL effort, Archer released out of stealth earlier this year with support from Marc Lore, existing president and CEO of Walmart’s e-commerce organization (he was co-founder and CEO of Jet when it was gotten by the seller).

Forsaking funding at a $1 billion valuation, Solugen preps a new green chemical product and a big 2021

If Solugen can get its high-value chemical into commercial production, the company can follow the path that sustainable tech companies like Tesla have actually mastered– moving from a pricy specialized product into the mass market. As the world looks to move away from oil and its byproducts to reduce greenhouse gas emissions and slow down or reverse international climate modification, the chemicals market is in the crosshairs as a huge target for disturbance. The two co-founders, Hunt and Gaurab Chakrabarti, first understood they could possibly use the technology they ‘d established to make specialty chemicals back in 2017, according to Hunt.

If Solugen can get its high-value chemical into business production, the business can follow the course that sustainable tech companies like Tesla have actually mastered– moving from a pricy specialized product into the mass market. As the world looks to move away from oil and its by-products to decrease greenhouse gas emissions and slow down or reverse international environment modification, the chemicals industry is in the crosshairs as a substantial target for disruption. The two co-founders, Hunt and Gaurab Chakrabarti, initially recognized they could potentially use the technology they ‘d developed to make specialized chemicals back in 2017, according to Hunt. It’s all part of the significant strides the whole industry is making, stated Hunt. “You can begin in the fine chemicals area where everything offers for 10s to hundreds of dollars per pound.

Desktop Metal buys fellow 3D printing company EnvisionTEC for $300M

The offer follows Desktop Metal’s push to go public last August as part of a growing pattern of SPAC mergers. It’s amongst the clearest and most immediate usage cases for this sort of mass volume 3D printing– and, undoubtedly, the company already sports around 1,000 consumers in dental, including business like Smile Direct Club.”It’s used for everything from remediations to same-day, full arch implants,” Desktop Metal CEO Ric Fulop informs TechCrunch.

The deal follows Desktop Metal’s push to go public last August as part of a growing trend of SPAC mergers. It’s among the clearest and most instant use cases for this sort of mass volume 3D printing– and, certainly, the business currently sports around 1,000 customers in oral, consisting of business like Smile Direct Club.”It’s utilized for whatever from repairs to same-day, complete arch implants,” Desktop Metal CEO Ric Fulop tells TechCrunch.