The Chinese company Landspace just notched a big milestone in its quest to develop a reusable rocket. The Beijing-based startup launched and landed a test version of its Zhuque-3 rocket at the Jiuquan Satellite Launch Center in Inner Mongolia on Jan. 19. The vehicle soared about 1,150 feet (350 meters) into the sky during the […]
Tag: Startup
10 NJ start-up businesses receive $3.6 million in state grants. Here they are:
Ten new businesses, made up of 30 entrepreneurs, will receive $3.6 million in grants from the New Jersey Innovations Fellow (NJIF) program. The income replacement grants are just part of the package. They’ll also receive mentorship and training. They were chosen by the New Jersey Economic Development Authority (NJEDA). The NJIF program provides financial support […]
This Top AI Start-Up Stock Is Falling Again to Start 2024 — Why Most Investors Should Steer Clear
Generative AI training infrastructure remains white hot as an investment. Numerous start-ups have appeared to address the need. Given the end-to-end solution Nvidia created that spans chip design, algorithms, and software, this AI infrastructure consisting of data centers filled with accelerated computing systems (primary using Nvidia technology) is arguably easier to build than “traditional” cloud […]
Startup Building Huge Laser to Shoot Down Space Junk From the Ground
Fusion Cuisine A Japanese startup called EX-Fusion has announced a bold new plan to take out space junk: shooting the stuff down with laser beams, Nikkei Asia reports. The experimental technology could be one of many potential methods to tackle the daunting task of cleaning up our planet’s cluttered orbit. Rest assured, this approach doesn’t involve […]
Bill Gates-backed startup develops ‘HAWT’ turbines that reduce cost of wind power to new lows — here’s how they work
Airloom Energy, a Wyoming-based wind energy startup backed by Bill Gates, created a revolutionary wind-powered technology that it claims can slash energy costs by nearly 70%. While wind energy continues to get cheaper as more wind farms come online, the turbines themselves are outrageously expensive — a standard utility-scale 2.5 MW horizontal-axis wind turbine (HAWT) […]
U.S. wants to contain China’s chip industry. This startup shows it won’t be easy.
By John Shiffman and Joshua Schneyer WASHINGTON (Reuters) – WASHINGTON–Last year, a veteran Silicon Valley software executive took the helm of a startup in his native China, company records show. The startup told potential investors it would sell microchip design software that is mostly available from just a handful of large Western companies. The coveted […]
Startup CEO says ‘the house of the future costs as much as a car’ — here’s how the company plans to make it happen
New technology from Japanese startup Serendix may eventually turn the dream of home ownership from the seemingly impossible into the possible for many Americans — and help us give our planet an assist in the process. Serendix, which hopes to make housing more affordable, recently combined 3D printing and CNC machining to build a house […]
Steve Wozniak’s start-up Privateer develops ride-sharing spacecraft to reduce orbital clutter
Space start-up Privateer, co-founded by the famed Apple technologist Steve Wozniak, will begin orbital tests of its ride-sharing orbital module Pono in January. The module, which launched on Dec. 1 atop a SpaceX Falcon 9 rocket, was developed to encourage space users to share assets in order to reduce the growing amount of satellites and […]
Chinese startup LandSpace poised to begin reusable rocket landing tests
Chinese launch startup Landspace appears ready to test launching and landing rockets. The company launched its third Zhuque-2 methane-fueled rocket on Dec. 8, successfully sending two satellites into orbit. It also revealed plans following the launch for a large stainless steel Zhuque-3 reusable rocket that it aims to launch for orbit for the first time […]
Startup True Anomaly snags $100 million for space security work
True Anomaly just scored a big chunk of change to continue developing its space security tech. The Colorado-based startup announced on Tuesday (Dec. 12) that it raised $100 million in a “Series B” round of funding led by Riot Ventures. The money “will be used for continued investment in people, products and services to further advance True Anomaly’s […]