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Archive for the ‘economics’ category: Page 8

Jun 28, 2024

Redwire Awarded DARPA Prime Contract for SabreSat Spacecraft Very Low-Earth Orbit Demonstration

Posted by in categories: economics, satellites, security

JACKSONVILLE, Fla. (June 17, 2024) – Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it has been awarded a contract from the Defense Advanced Research Projects Agency (DARPA) to be the prime mission integrator for the development of a revolutionary air-breathing satellite that will demonstrate the use of novel electric propulsion systems in very low-Earth orbit (VLEO) using Redwire’s SabreSat VLEO platform. The program leverages Redwire’s worldwide leadership in developing and providing VLEO capabilities.

The strategic significance of VLEO is growing – especially for national security missions. While low-Earth (LEO) and geosynchronous (GEO) orbits are becoming increasingly congested and contested, spacecraft in VLEO operate in a relatively unimpaired environment. Bridging the gap between air and space, VLEO spacecraft fly above airborne anti-access areas while operating significantly closer to the area of responsibility on the ground than existing satellites. Additionally, unlike LEO and GEO, debris in VLEO deorbits in hours or days rather than in decades or more.

“We are proud to be leveraging our SabreSat satellite design to support critical VLEO technology advancements for DARPA’s game-changing Otter program,” said Spence Wise, Redwire Senior Vice President, Missions and Platforms. “As VLEO emerges as a critical domain for national security missions, Redwire is continuing to make investments to support technology innovation and strategic operations in this environment.”

Jun 26, 2024

The Future of Technology: Impact on Labor, Economy, and Society

Posted by in categories: economics, robotics/AI, sustainability, transportation

Disruptive innovations in technology, such as humanoid robots and electric vehicles, will lead to significant changes in labor, economy, and society, posing both opportunities and challenges for the future.

Questions to inspire discussion.

Continue reading “The Future of Technology: Impact on Labor, Economy, and Society” »

Jun 25, 2024

Could we launch resources from the moon with electromagnetic railguns?

Posted by in categories: economics, military, space

That was five decades ago. Catapult yourself to today and ask this question: What’s the U.S. Navy’s Gerald R. Ford nuclear aircraft carrier got to do with the moon?

Late last year, General Atomics Electromagnetic Systems filed a final report to the Air Force Office of Scientific Research’s (AFOSR). That report was titled “Lunar Electromagnetic Launch for Resource Exploitation to Enhance National Security and Economic Growth.”

The author of that appraisal is Robert Peterkin, director of operations for the organization’s Albuquerque, New Mexico office.

Jun 23, 2024

Significant energy source found under US-Mexico border

Posted by in categories: economics, energy

(NewsNation) — Researchers have found a significant source of geothermal energy underneath the U.S.-Mexico border along the Rio Grande, which could lead to promising clean energy development in the rural region.

The findings came after a monthslong study conducted by the Bureau of Economic Geology at the University of Texas at Austin, which discovered that the region of Presidio County in Texas, which shares a border with Mexico, has the conditions necessary for geothermal development.

“There’s a thin, 10-to 15-mile-wide region that runs parallel or along the Rio Grande that has very high heat by at least by most standards, and even in the interior part of the county, which is probably two-thirds of the county,” Ken Wisian, head of the research team, told NewsNation.

Jun 20, 2024

Why Politicians Need to Stop Getting in the Way of Technological Progress

Posted by in categories: economics, education, robotics/AI, transhumanism

Dr. Ben Murnane has published an Opinion piece in FEE, the Foundation for Economic Education, a major US think thank. The essay covers #transhumanism and the new biography Transhuman Citizen, out in 10 days.


It’s telling that with the rise of AI the first instinct of many politicians is to regulate it.

Jun 17, 2024

Are Children The Future?: Longtermism, Pronatalism, and Epistemic Discounting

Posted by in categories: economics, ethics, existential risks, life extension, policy

From the article:

Longtermism asks fundamental questions and promotes the kind of consequentialism that should guide public policy.


Based on a talk delivered at the conference on Existential Threats and Other Disasters: How Should We Address Them? May 30–31, 2024 – Budva, Montenegro – sponsored by the Center for the Study of Bioethics, The Hastings Center, and The Oxford Uehiro Center for Practical Ethics.

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Jun 17, 2024

Southern Brazil Submerged: Mapping the Depths of Disaster With Advanced Science Tools

Posted by in categories: economics, mapping, science

In 2024, extensive flooding in southern Brazil caused significant damage, particularly in Rio Grande do Sul. Maps showing floodwater depths were vital for disaster response and economic damage assessments, supported by data from NASA and other scientific sources.

Storms and torrential rain battered southern Brazil beginning in late April 2024, causing deadly, destructive flooding that persisted through much of May. Toward the end of the month, parts of Rio Grande do Sul state remained underwater, and the scope of the damage became increasingly evident.

Maps of floodwater extent are one way to assess a flooding event. But information about the depth of that water is also useful, potentially aiding rescue and relief operations, informing decisions about road closures and accessibility, and contributing to analyses of damage and flood risk.

Jun 13, 2024

Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says

Posted by in categories: bitcoin, economics, robotics/AI

AI and crypto combined could add a total of $20 trillion to the global economy by 2030, the report said. Bitwise notes that bitcoin miners have all the resources that AI firms need. Crypto and AI have the potential to intersect in other areas other than mining such as information validation and virtual assistants.


The two industries could add a collective $20 trillion to global GDP by 2030, the report said.

Jun 12, 2024

America is the undisputed world leader in quantum computing even though China spends 8x more on the technology–but an own goal could soon erode U.S. dominance

Posted by in categories: business, cybercrime/malcode, economics, finance, government, information science, quantum physics, robotics/AI

When it comes to quantum computing, that chilling effect on research and development would enormously jeopardize U.S. national security. Our projects received ample funding from defense and intelligence agencies for good reason. Quantum computing may soon become the https://www.cyberdefensemagazine.com/quantum-security-is-nat...at%20allow, codebreaking%20attacks%20against%20traditional%20encryption" rel="noopener" class="">gold standard technology for codebreaking and defending large computer networks against cyberattacks.

Adopting the proposed march-in framework would also have major implications for our future economic stability. While still a nascent technology today, quantum computing’s ability to rapidly process huge volumes of data is set to revolutionize business in the coming decades. It may be the only way to capture the complexity needed for future AI and machine learning in, say, self-driving vehicles. It may enable companies to hone their supply chains and other logistical operations, such as manufacturing, with unprecedented precision. It may also transform finance by allowing portfolio managers to create new, superior investment algorithms and strategies.

Given the technology’s immense potential, it’s no mystery why China committed what is believed to be more than https://www.mckinsey.com/featured-insights/sustainable-inclu…n-quantum” rel=“noopener” class=””>$15 billion in 2022 to develop its quantum computing capacity–more than double the budget for quantum computing of EU countries and eight times what the U.S. government plans to spend.

Jun 8, 2024

Elon Musk plans ‘world’s most powerful’ supercomputer’ in Memphis

Posted by in categories: economics, Elon Musk, robotics/AI, supercomputing, sustainability

Memphis may get most powerful super computer yet.

Memphis, Tennessee, may host the world’s largest supercomputer, the “Gigafactory of Compute.”:


The Memphis Shelby County Economic Development Growth Engine (EDGE), Tennessee Valley Authority (TVA), and governing authorities hold the key to finalizing the project. If approved, it would be the largest investment in Memphis history.

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