Trevor Milton of Nikola Begins Trial in Fraud Case

The founder of Nikola Motor, a maker of electric trucks, went on trial on fraud charges on Monday in a case seen as a cautionary tale about the hazards of investing in companies that are not yet generating any sales or delivering any products. The defendant, Trevor Milton, faces federal charges of fraud and securities… Continue reading Trevor Milton of Nikola Begins Trial in Fraud Case

An electric Audi R8 successor is (finally) coming around 2025

Audi is working an all-electric successor to its R8 supercar to be released around “mid-decade,” according to a new report from Autocar. While the new EV won’t carry the R8 name, it will hold the spot at the top of the Audi lineup with higher performance than the e-tron GT. The electric R8 successor hasn’t… Continue reading An electric Audi R8 successor is (finally) coming around 2025

Does Jeff Bezos Know His Space Capsule Is Named After A Socialist?

Well, that’s awkward. Look Closer When looking closely at a Blue Origin capsule, a former NASA scientist noticed something interesting — that the craft in question was named after a bona fide socialist. The former agency scientist, Keith Cowing, pointed out that this morning’s New Shepard mission launch — yes, the one where the booster… Continue reading Does Jeff Bezos Know His Space Capsule Is Named After A Socialist?

Driver Monitoring System Market to Grow USD 4203.4 Million by 2028 with a CAGR of 8.9% | Valuates Reports

BANGALORE, India , Sept. 12, 2022 /PRNewswire/ — The Global Automotive Driver Monitoring System (DMS) Market is Segmented by Type (Driver State Monitoring, Driver Health Monitoring), by Application (Commercial Vehicle, Passenger Car): Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Software Category. Due to the COVID-19 pandemic, the global Automotive Driver Monitoring System… Continue reading Driver Monitoring System Market to Grow USD 4203.4 Million by 2028 with a CAGR of 8.9% | Valuates Reports

Cenex 2022: the top UK automotive start-ups to watch

Bosch’s Autonomous Valet Parking system uses an array of sensors to autonomously park a car From autonomous valet parking to an EV truck for farmers, here are our picks from the 2022 Cenex LCV show At this year’s Cenex LCV exhibition, held at the Millbrook proving ground in Bedfordshire, companies active in the fields of… Continue reading Cenex 2022: the top UK automotive start-ups to watch

Trevor Milton, ex-CEO of electric truck maker Nikola, begins fraud trial

Trevor Milton, the founder and former CEO of electric truck maker Nikola, is standing trial on federal charges of wire and securities fraud starting Monday after allegedly misleading investors about the company’s technological and production capabilities. Nikola is among many electric vehicle startups that have struggled financially and operationally since going public via a special… Continue reading Trevor Milton, ex-CEO of electric truck maker Nikola, begins fraud trial

Windward Expands its Public Sector Customer Base with Government Agencies Across the US, EMEA and LATAM Determined to Crack Down on Illicit Maritime Activity

As deceptive shipping practices get more sophisticated, law enforcement and intelligence agencies aim to enhance their Maritime Domain Awareness. Windward’s advanced Maritime AI™ platform provides them with the much needed improved visibility at sea to protect borders and national interests LONDON, Sept. 12, 2022 /PRNewswire/ — Windward (LSE: WNWD), the leading Maritime AI™ company, announced today four new… Continue reading Windward Expands its Public Sector Customer Base with Government Agencies Across the US, EMEA and LATAM Determined to Crack Down on Illicit Maritime Activity

KBR Awarded Automated Fuel Handling Equipment Maintenance Contract for Defense Logistics Agency

HOUSTON, Sept. 12, 2022 /PRNewswire/ — KBR ( NYSE: KBR) announced today it has been awarded a $38 million contract by Defense Logistics Agency (DLA) to provide maintenance support and sustainment of Automated Fuel Handling Equipment (AFHE) sites worldwide.  Under the terms of this 5-year contract, KBR will provide maintenance and sustainment support and data analytics… Continue reading KBR Awarded Automated Fuel Handling Equipment Maintenance Contract for Defense Logistics Agency

PCX Aerosystems Announces Acquisition of NuSpace

NEWINGTON, Conn., Sept. 12, 2022 /PRNewswire/ — PCX Aerosystems (“PCX”), a market-leading producer of advanced mechanical systems for the aerospace industry, today announced the September 2, 2022 acquisition of NuSpace, Inc. (“NuSpace”) from Cornerstone Capital Holdings and members of the NuSpace leadership team. With engineering and manufacturing roots going back to 1907, NuSpace has evolved… Continue reading PCX Aerosystems Announces Acquisition of NuSpace

WHO releases global guidelines to boost helmet use, curb pedestrian deaths due to road crashes

The road safety expert pointed out that the use of powered two and three-wheeled vehicles are increasing rapidly in many developing countries, yet the use of quality helmets often lags behind. The World Health Organisation has come up with two guidelines for policymakers on helmet use and pedestrian safety to help curb the global scourge… Continue reading WHO releases global guidelines to boost helmet use, curb pedestrian deaths due to road crashes