Firefly’s Alpha rocket has reached orbit for the first time

/ Three satellite payloads were successfully deployed without exploding Firefly Aerospace’s Alpha rocket has successfully reached orbit, achieving its objectives and deploying three satellite payloads on board.Image: Everyday Astronaut Firefly Aerospace’s Alpha rocket successfully reached orbit following its launch from California’s Vandenberg Space Force Base on Saturday. The launch was announced as a “100% Mission… Continue reading Firefly’s Alpha rocket has reached orbit for the first time

Wisk Aero reveals its market-ready, self-flying air taxi

Electric vertical takeoff and landing (eVTOL) vehicle company Wisk Aero has unveiled its go-to-market aircraft: a four-passenger autonomous air taxi that the startup will put forward for U.S. Federal Aviation Administration type certification. Type certification, one of the three certifications an aviation company needs to secure before launching a commercial service, means the aircraft has… Continue reading Wisk Aero reveals its market-ready, self-flying air taxi

Rivian taps Capital One exec Diane Lye as its first CIO

Rivian has hired Diane Lye as its first chief information officer, a position that the EV maker says is necessary to expand globally. Lye’s hiring comes as Rivian consolidates its internal and external technology teams across its numerous departments, including manufacturing IT and customer-facing digital products. It is also ahead of Rivian’s planned expansion into… Continue reading Rivian taps Capital One exec Diane Lye as its first CIO

Loop raises $60M to send EV charging infrastructure for a Loop

Electric cars are great and all, but internal combustion engines (ICE) have one thing going for them: comprehensive, well-oiled infrastructure that means you can add 300 miles of range to your car, in 5 minutes, at any of 65,000 or so gas stations. Compare that with the one-hour stop at only about 6,000 high-speed charging… Continue reading Loop raises $60M to send EV charging infrastructure for a Loop

Geely’s Europe expansion continues, Argo robotaxis on the Lyft app and Tesla AI Day takeaways

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe… Continue reading Geely’s Europe expansion continues, Argo robotaxis on the Lyft app and Tesla AI Day takeaways

Experts’ judgment on the much-hyped Tesla Bot: Elon Musk speedruns robotics 101

/ Roboticists were impressed by how fast Tesla’s engineers assembled Optimus but said the machine wasn’t anything close to a breakthrough A “rough development” version of Optimus is unveiled at Tesla’s AI Day.Image: Tesla Elon Musk has finally unveiled a prototype of the much-hyped Optimus robot — a bipedal machine that the Tesla CEO imagines will… Continue reading Experts’ judgment on the much-hyped Tesla Bot: Elon Musk speedruns robotics 101

Inside one of the world’s first human composting facilities

Rachel Gerberding has a green thumb. So when her mother died this April, Gerberding decided to compost her. Gerberding, who lives in Washington state in a house surrounded by flowers, had heard about a newly legal method to turn human remains into soil. “I was like, ‘Mom, it would be such a wonderful thing for… Continue reading Inside one of the world’s first human composting facilities

Tesla is finally going to expand Gigafactory Nevada

Tesla is finally planning to expand the Gigafactory Nevada building after years of being “stuck” at about “30% of its final size”. Tesla Gigafactory Nevada was the first major step in Tesla’s effort to secure battery cell supply for its ambitious growth. The automaker partnered with Panasonic to deploy new battery cell production capacity at… Continue reading Tesla is finally going to expand Gigafactory Nevada

Singapore-based Pierfront Capital closes $700m second credit fundThe fund has already deployed or committed 75% of its capital.

Pierfront Capital Fund Management, a Singapore-based fund manager offering private credit solutions to real asset sectors, has closed its second fund at $700 million, per an announcement. The capital raised includes $450 million of investor commitments and co-investment commitments. The fund – Keppel-Pierfront Private Credit Fund – is jointly sponsored by Singapore-based real estate financing… Continue reading Singapore-based Pierfront Capital closes $700m second credit fundThe fund has already deployed or committed 75% of its capital.