Funding will accelerate Pyka’s growth and further scale production of its autonomous aircraft for agriculture, defense, and commercial logistics. ALAMEDA, Calif., Sept. 23, 2024 /PRNewswire/ — Pyka, an electric aviation technology leader that designs and manufactures large-scale autonomous electric aircraft, today announced a $40M Series B raise. The funding round was led by Obvious Ventures,… Continue reading Pyka Secures $40M Series B to Advance Commercialization of Dual-use Autonomous Electric Aircraft
Tag: Autonomous
North Texas Innovation Alliance Members and Curiosity Lab at Peachtree Corners Announce SCEWC Smart Cities Global Startup Challenge
Pitching Challenge to Reward Companies with United States Pilot and Funding Opportunities DALLAS, Sept. 23, 2024 /PRNewswire/ — North Texas Innovation Alliance (NTXIA), a 501(c)3 regional consortium of over 40 municipalities, agencies, corporations and academic institutions across North Texas working to create the most connected, smart and resilient region in the country, has announced an international… Continue reading North Texas Innovation Alliance Members and Curiosity Lab at Peachtree Corners Announce SCEWC Smart Cities Global Startup Challenge
Mercedes-Benz upgrades self-driving tech, awaiting approval for 95 kph limit in Germany: Report
Mercedes-Benz announced that its vehicles equipped with its automated driving system will soon be capable of autonomous driving at speeds of up to 95 kilometers per hour on German motorways under specific conditions, according to Reuters. The upgrade is pending certification by Germany’s motor transport authority, which is expected by the end of 2024. Sales… Continue reading Mercedes-Benz upgrades self-driving tech, awaiting approval for 95 kph limit in Germany: Report
German Handelsblatt: Auto industry: Mercedes wants to offer automated driving up to 95 kilometers per hour009719
So far, Mercedes’ semi-autonomous system can only be used at low speeds. That should change. Only the Federal Motor Transport Authority still has to give the green light. Go to Source
Estonia Strengthens Smart Mobility Networking and Strategic Partnerships in the Gulf
DUBAI, UAE, Sept. 23, 2024 /PRNewswire/ — Trade Estonia, part of Enterprise Estonia, is concluding its participation at the ITS World Congress 2024 in Dubai, further asserting its leadership in intelligent transport systems (ITS) and smart mobility. Estonia, known for being the first country to allow testing autonomous vehicles on public roads since 2017, showcased its… Continue reading Estonia Strengthens Smart Mobility Networking and Strategic Partnerships in the Gulf
On Track for A Low Carbon Future: CRRC to Unveil Passenger and Freight Rail Transit and Full Life-Cycle System Solutions at InnoTrans 2024
BERLIN, Sept. 22, 2024 /PRNewswire/ — Under the theme of On Track for A Low Carbon Future, CRRC Corporation Limited (“CRRC”, SHA: 601766) will display its line-up of passenger and freight transportation offerings, alongside full life-cycle system solutions, at InnoTrans 2024 in Berlin, Germany. Highlighting the event, two innovative, eco-friendly, and intelligent trains will make… Continue reading On Track for A Low Carbon Future: CRRC to Unveil Passenger and Freight Rail Transit and Full Life-Cycle System Solutions at InnoTrans 2024
German FAZ: “We as a group must be able to help ourselves”007749
Mr. Setzer, the auto industry is in big trouble. Your competitor ZF Friedrichshafen wants to cut 14,000 jobs, and VW is even threatening to close plants. Has Germany been written off as a car location? The situation is challenging. We already said at our Capital Markets Day in December that we expect little tailwind from… Continue reading German FAZ: “We as a group must be able to help ourselves”007749
GLP-backed Hidden Hill rolls out $156m RMB-dominated VC fundThis is the firm’s first early-stage vehicle to focus on modern logistics and digital supp…
Hidden Hill Capital, the alternative asset management arm of global logistics giant GLP, has closed a new RMB-denominated venture capital (VC) fund at 1.1 billion yuan ($156 million), the firm’s first early-stage vehicle to focus on modern logistics and digital supply-chain technologies. The VC fund will primarily invest in early-stage tech startups in the logistics… Continue reading GLP-backed Hidden Hill rolls out $156m RMB-dominated VC fundThis is the firm’s first early-stage vehicle to focus on modern logistics and digital supp…
From frustration to excitement: The long, winding road of Alphabet’s self-driving Waymo unit
Alphabet ‘s self-driving car unit Waymo is finally shifting into high gear. After years of heavy investment and losses, Waymo ridership is picking up momentum in its existing West Coast markets, and the company just inked an expanded partnership with Uber to bring its robotaxi service to the ride-hailing giant’s app in Atlanta and Austin,… Continue reading From frustration to excitement: The long, winding road of Alphabet’s self-driving Waymo unit
How Elon Musk hopes his new supercomputers will boost his businesses
Elon Musk is on a mission to build new supercomputers. As the CEO of Tesla and his new artificial intelligence startup xAI, the tech titan has big plans for how artificial intelligence can help to supercharge his businesses. In January, he wrote on X that Tesla should be viewed as an AI/robotics company rather than… Continue reading How Elon Musk hopes his new supercomputers will boost his businesses