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Archive for the ‘business’ category: Page 128

Jan 15, 2021

Oneweb Secures Investment From Softbank And Hughes Network Systems

Posted by in categories: business, government, internet, satellites

London, 15 January, 2021 — OneWeb, the Low Earth Orbit (LEO) satellite communications company jointly owned by the UK Government and Bharti Global, announced today that it has secured additional funding from SoftBank Group Corp. (“SoftBank”) and Hughes Network Systems LLC (“Hughes”), bringing OneWeb’s total funding to $1.4 billion. The capital raised to date positions the Company to be fully funded for its first-generation satellite fleet, totaling 648 satellites, by the end of 2022.

OneWeb’s mission is to deliver broadband connectivity worldwide to bridge the global Digital Divide by offering everyone, everywhere access including to the Internet of Things (IoT) future and a pathway to 5G. OneWeb’s LEO satellite system includes a network of global gateway stations and a range of user terminals for different customer markets capable of delivering affordable, fast, high-bandwidth and low-latency communications services. In December 2020, OneWeb launched 36 new satellites, built at its Airbus Joint Venture assembly plant in Florida, USA, bringing the Company’s total fleet to 110 satellites, all fully-functioning and benefitting from International Telecommunication Union spectrum priority.

Sunil Bharti Mittal, Executive Chairman of OneWeb, commented, “We are delighted to welcome the investment from SoftBank and Hughes. Both are deeply familiar with our business, share our vision for the future, and their commitment allows us to capitalise on the significant growth opportunity ahead for OneWeb. We gain from their experience and capabilities, as we deliver a unique LEO network for the world.”

Jan 12, 2021

FAA clears the path for supersonic flight testing over US soil

Posted by in categories: business, government, transportation

There’s a new crop of supersonic aircraft beginning to sprout, thanks to advances in engine, materials and satellite weather tracking that will enable aircraft to break the sound barrier over land without the disruptive noise pollution of a sonic boom reaching the ground.

Aerion, Boom and Spike, for three examples, are working on supersonic business jets. Virgin Galactic is looking to bring the time savings of Mach 3 travel to a slightly broader passenger market. One of the issues, of course, is that supersonic flight has long been illegal over US soil, boomless cruise or no boomless cruise. But the US Government wants to set the regulatory agenda internationally, and has instructed the FAA to take a leadership role as the sector develops.

Supersonic flight over American soil will remain prohibited, but new regulations will streamline the process through which these companies can apply for specific exemptions, clearing away some of the red tape and offering a clear path for flight testing over land.

Jan 12, 2021

General Motors unveils EV van as part of new commercial business unit

Posted by in categories: business, transportation

The EV600 van will be the first vehicle under a new commercial business unit within GM called BrightDrop.

Jan 12, 2021

Verizon, UPS, and Skyward announce connected drone delivery at CES 2021

Posted by in categories: business, drones, internet

PORTLAND, Ore. — Skyward, A Verizon company, and UPS Flight Forward today announced collaborative efforts to deliver retail products with drones connected to Verizon 4G LTE, as well as 5G testing and integration for delivery. The companies aim to deliver retail products via connected drones at The Villages in Florida.

“We will need the ability to manage and support multiple drones, flying simultaneously, dispatched from a centralized location, operating in a secure and safe environment. To do this at scale, alongside Verizon and Skyward, we’ll need the power of 5G,” said Carol B. Tomé, CEO of UPS.

“We’re just beginning to see how the power of 5G Ultra Wideband will transform the way businesses operate,” said Rima Qureshi, Chief Strategy Officer at Verizon. “By partnering with UPS and other innovative companies, we can learn from each other’s expertise and collaborate to create solutions that help move the world forward.”

Jan 12, 2021

Scientists Discover a Way to Control the Immune System’s “Natural Killer” Cells With “Invisible” Stem Cells

Posted by in categories: biotech/medical, business, life extension

UC San Francisco scientists have discovered a new way to control the immune system’s “natural killer” (NK) cells, a finding with implications for novel cell therapies and tissue implants that can evade immune rejection. The findings could also be used to enhance the ability of cancer immunotherapies to detect and destroy lurking tumors.

The study, published today (January 82021) in the Journal of Experimental Medicine, addresses a major challenge for the field of regenerative medicine, said lead author Tobias Deuse, MD, the Julien I.E. Hoffman, MD, Endowed Chair in Cardiac Surgery in the UCSF Department of Surgery.

“As a cardiac surgeon, I would love to put myself out of business by being able to implant healthy cardiac cells to repair heart disease,” said Deuse, who is interim chair and director of minimally invasive cardiac surgery in the Division of Adult Cardiothoracic Surgery. “And there are tremendous hopes to one day have the ability to implant insulin-producing cells in patients with diabetes or to inject cancer patients with immune cells engineered to seek and destroy tumors. The major obstacle is how to do this in a way that avoids immediate rejection by the immune system.”

Jan 11, 2021

DARPA Increases Access to Critical Tools, IP to Accelerate Innovation

Posted by in categories: business, government, law

New initiative aims to lower high barrier to entry for resource-constrained organizations, increasing access to participate in forward-looking research.

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Jan 11, 2021

High-Frequency Traders Push Closer to Light Speed With Cutting-Edge Cables

Posted by in categories: business, habitats, information science, internet

The cable, called hollow-core fiber, is a next-generation version of the fiber-optic cable used to deliver broadband internet to homes and businesses. Made of glass, such cables carry data encoded as beams of light. But instead of being solid, hollow-core fiber is empty inside, with dozens of parallel, air-filled channels narrower than a human hair.

Because light travels nearly 50% faster through air than glass, it takes about one-third less time to send data through hollow-core fiber than through the same length of standard fiber.

The difference is often just a minuscule fraction of a second. But in high-frequency trading, that can make the difference between profits and losses. HFT firms use sophisticated algorithms and ultrafast data networks to execute rapid-fire trades in stocks, options and futures. Many are secretive about their trading strategies and technology.

Jan 11, 2021

Google Cloud launches its second region in Japan

Posted by in category: business

Circa 2019 o.o


Google today announced the launch of its Osaka region, its second cloud region in Japan and seventh in Asia Pacific. With this, the company now offers its users a total of 20 regions, all of which feature at least three availability zones.

In Japan, the Osaka region joins Google’s Tokyo region and will offer lower latencies for local customers, Google notes, though Tokyo and Osaka are obviously pretty close, so that’s likely not a big difference. For businesses in Japan, having two geographically separate regions is a major boon as far as being able to add additional redundancies and disaster recovery is concerned, though.

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Jan 10, 2021

Paris agrees to turn Champs-Élysées into ‘extraordinary garden’

Posted by in category: business

The mayor of Paris has said a €250m (£225m) makeover of the Champs-Élysées will go ahead, though the ambitious transformation will not happen before the French capital hosts the 2024 Summer Olympics.

Anne Hidalgo said the planned work, unveiled in 2019 by local community leaders and businesses, would turn the 1.9 km (1.2 mile) stretch of central Paris into “an extraordinary garden”.

The Champs-Élysées committee has been campaigning for a major redesign of the avenue and its surroundings since 2018.

Jan 9, 2021

Business Barriers to Asteroid Mining

Posted by in categories: business, space

Last week, we talked about asteroid versus ocean mining. In fact, in this channel, I have evangelized asteroid mining quite a bit as the future. However, this week, we will take a look at the business barriers to the realization of asteroid mining.

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