Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers suspected layoffs were coming when the company directed everyone to work from home on Wednesday — an out-of-character directive, according to multiple current and former […]
BENGALURU (Reuters) -India’s Agnikul Cosmos launched its Agnibaan rocket for the first time on Thursday, powered by the only Indian rocket engine to use both gas and liquid fuel in the country’s second flight of a privately built rocket. The Agnibaan’s first flight had been called off four times in the last two months because […]
Lithium-ion batteries are facing new competition with another type of electric battery ready to hit the market. As reported by Bloomberg, sodium-ion batteries are in production and have the potential to be cheaper and safer than lithium-ion batteries. Lithium-ion batteries have been used for years now, powering our smartphones, electric cars, and more. However, lithium-ion […]
BENGALURU (Reuters) – India’s Agnikul Cosmos called off a test flight of its first rocket on Tuesday seconds before it was due to launch – the fourth such cancellation in the last three months. Launches of India’s second privately built rocket, and first using a combination of gas and liquid fuel, had been aborted three […]
Sam Altman backed nuclear startup Oklo inked a deal to supply 100MW of nuclear power to data center company Wyoming Hyperscale, it was announced last week. The news sent shares of NYSE-listed Oklo up more than 30% in trading on Friday. The companies signed a “non-binding letter of intent outlining plans for the PPA, which […]
By Martin Coulter and Leigh Thomas PARIS (Reuters) – France is banking on a new push to integrate the European Union’s fragmented capital markets to give them the scale needed to wean its flourishing startup sector off of dominant U.S. venture capital, ministers, CEOs and investors said. A hodgepodge of local regulations and oversight has […]
John and Matine Yuksel moved from San Francisco to the Midwest in 2020. The brothers and business partners lived in Iowa and Cincinnati while launching their startup. They sometimes miss California life but love Cincinnati’s friendly people and affordability. This as-told-to essay is based on a conversation with John Yuksel, 33, and Matine Yuksel, 29, […]
John and Matine Yuksel moved from San Francisco to the Midwest in 2020. The brothers and business partners lived in Iowa and Cincinnati while launching their startup. They sometimes miss California life but love Cincinnati’s friendly people and affordability. This as-told-to essay is based on a conversation with John Yuksel, 33, and Matine Yuksel, 29, […]
Startup Canoo Sells Six EV Vans for the USPSCanoo Canoo, an electric-vehicle startup based in Torrance, California, announced that the United States Postal Service will purchase six of its electric vans. The six LDV 190 vans will be delivered during the first quarter of this year, Canoo said. The LDV 190 uses a single electric […]
Engineers have developed an optical computer, about the size of a desktop PC, that can purportedly execute complex artificial intelligence (AI) calculations in nanoseconds, rivaling the performance of both quantum and classical supercomputers. The computer, dubbed the LPU100, uses an array of 100 lasers to perform calculations through a process called laser interference, LightSolver representatives […]
(Reuters) – Electric vehicle startup Canoo posted a larger-than-expected loss for the first quarter on Tuesday, but kept its outlook for the year unchanged. Slowing demand in the United States and stiff competition from Chinese EV makers in the world’s largest auto market has hit demand for companies including Canoo. That has forced several startups […]
May 13—Glacier National Park staff are gearing up for the season, with west-side vehicle reservations about to begin and snow plows nearing Logan Pass. Vehicle reservations are required for all west side park entrances starting May 24. The vehicle reservation checkpoint on Going-to-the-Sun Road for east-bound traffic will be located at Apgar Loop Road. Visitors […]