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Ursa Major, America’s leading privately funded company focusing solely on rocket propulsion, is establishing a new research-and-development center in Youngstown, Ohio, to advance additive manufacturing and materials development technology for liquid rocket engines and solid rocket motors. The center represents a capital investment of $14.5 million, which includes $4 million in assistance in the form of a JobsOhio R&D Grant. Ursa Major worked closely with JobsOhio Network partner Team NEO to secure funding for the expansion, which will be in...

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Omdia’s latest research, Robotics Hardware Market Forecast – 2021–30, indicates that global humanoid robot shipments are expected to exceed 10,000 by 2027 and reach 38,000 units in 2030. This translates to a CAGR of 83% between 2024 and 2030. 2024 marks the breakthrough year for humanoid robots. Driven partially by the hype surrounding human-mimicking generative AI (GenAI), humanoid robots represent the next significant technological leap. Several factors have now aligned to make the bipedal anthropomorphous form factor ready...

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aelf, the leading Layer 1 blockchain network at the forefront of AI and blockchain convergence, announced the appointment of Brian Liang as its first Chief Operating Officer. “Brian’s arrival at aelf signals a new era for our company as we continue to integrate AI within our blockchain framework,” said Auric, founder of aelf. “His extensive background in managing complex business operations and strategic initiatives in the blockchain and finance sectors makes him the perfect fit to lead aelf’s operational...

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IGT Solutions (an EQT group company) and AuxoAI announced a strategic partnership to unlock productivity and profitability for clients in the Travel, Transportation, and Hospitality (TTH) industry. This collaboration marks the inception of IGTx, a new business unit within IGT Solutions that combines their existing Data and Digital strengths with AuxoAI’s innovative IP, solution capabilities, and technology ecosystem relationships. The TTH industry holds the pole position in the modern world economy, contributing over USD 11Tn...

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StoreDot, the pioneer and world leader in extreme fast charging (XFC) silicon battery technology for electric vehicles (EVs), forecasts that XFC technology is becoming a mainstream feature required by all EV drivers, after initially entering the market as a premium offering in high-end EVs. StoreDot’s vision aligns with growing consumer expectations for shorter charging times and longer range, which will drive XFC to become a necessary industry standard. As the EV market evolves, the company...

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Bybit, the world’s second-largest crypto exchange by trading volume, is excited to launch the revolutionary Block Trading. By introducing this cutting-edge feature, Bybit aims to revolutionize the way individuals and institutions engage in large-scale asset transactions, providing faster and more secure trading experiences for all. Bybit Block Trading offers zero fees, making trading accessible to all users and enabling traders to maximize returns without incurring additional expenses. Moreover, Bybit prioritizes the security of user accounts and assets...

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MATRIX Inc. (hereinafter referred to as “MATRIX”), a subsidiary of Metareal Corp., both headquartered in Tokyo’s Chiyoda-ku, is pleased to announce that it has developed “Gaussian VR,” a 3D real estate property-viewing solution leveraging Gaussian Splatting technology. Gaussian VR will be released as a limited beta version, and at the same time, the company has started recruiting interested companies to participate in the test program. Logo: https://cdn.kyodonewsprwire.jp/prwfile/release/M107827/202407193845/_prw_PI2fl_64wXqnPC.png Gaussian VR’s image: https://cdn.kyodonewsprwire.jp/prwfile/release/M107827/202407193845/_prw_PI7fl_XJR6W1a2.png Recording footage with smartphone and resulting 3D environment: https://cdn.kyodonewsprwire.jp/prwfile/release/M107827/202407193845/_prw_PI4fl_6E20DcmN.png https://cdn.kyodonewsprwire.jp/prwfile/release/M107827/202407193845/_prw_PI8fl_246z5J1X.png...

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Bybit, the world’s second-largest crypto exchange by trading volume, is excited to announce the launch of the Spot Liquidity Pairing Program. This initiative aims to connect quality Market Makers with projects seeking improved liquidity. The Spot Liquidity Pairing Program offers liquidity providers the opportunity to join and collaborate with Bybit. One of the key benefits of the program is the visibility it provides to Premium Liquidity Providers. Bybit will highlight Liquidity Providers in the “Premium” category on the...

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Legacy, North America’s #1 digital fertility clinic for men, has secured $7.5M in financing to power its mission to make male fertility services more accessible, including through the fulfillment of two recently signed contracts to serve over nine million veterans. Advised by a group of the world’s top fertility experts, Legacy provides sperm testing and freezing via at-home kits shipped directly to clients. More than 25,000 sperm samples have been analyzed at the company’s two state-of-the-art andrology labs —...

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Due to rising environmental concerns, global energy production is shifting from fossil fuels to sustainable and renewable energy systems such as solar and wind power. Despite their advantages, they have two significant weaknesses: volatile power production and irregular supply. Hence, they are augmented with energy storage systems (ESSs). Lithium-ion batteries are at the forefront of ESSs but are prone to fires due to flammable electrolytes and lithium-based materials. The flowless zinc-bromine battery (FLZBB), which uses...