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Archive for the ‘business’ category: Page 156

Dec 22, 2020

Exclusive: Apple targets car production by 2024 and eyes ‘next level’ battery technology

Posted by in categories: business, mobile phones, robotics/AI, sustainability, transportation

Even Apple wants to get into the automobile business it seems.


(Reuters) — Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters.

The iPhone maker’s automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design its own vehicle from scratch. At one point, Apple drew back the effort to focus on software and reassessed its goals. Doug Field, an Apple veteran who had worked at Tesla Inc, returned to oversee the project in 2018 and laid off 190 people from the team in 2019.

Continue reading “Exclusive: Apple targets car production by 2024 and eyes ‘next level’ battery technology” »

Dec 21, 2020

‘We think we’ve found the answer’: The ‘Supercell’ that could bring safe energy storage to New York

Posted by in categories: business, energy

New York has among the world’s tightest rules on fire safety and regular readers of this site will be aware that that has had a big impact on the ability to site lithium-ion based battery energy storage systems (BESS) within the boundaries of the state’s urban regions.

While the development of large-scale systems is taking place in less densely populated upstate areas of New York, commercial and industrial (C&I) battery storage, which has been used elsewhere around the country to help businesses manage their energy costs and the wider network to adopt greater shares of renewables, has not really been able to gain a foothold.

A couple of weeks ago the New York Power Authority (NYPA) — a public-benefit corporation which serves around 25% of the state’s electric load — began trialling an energy storage system using lithium batteries based around start-up Cadenza Innovation’s ’Supercell’ architecture. Wrapping individual cells into a protective housing, the technology is a low-cost way to prevent thermal runaway from cascading through a battery rack and causing fires.

Dec 21, 2020

Dedicated commercial human in-space operations are coming sooner than you may realize

Posted by in categories: business, space

If you’ve ever heard someone refer to the idea of “working in space,” you’d be forgiven for thinking they were describing a science-fiction plot. But the number of humans actively working beyond Earth’s atmosphere — and living significant chunks of their lives there, too — is about to start growing at a potentially exponential rate. Given how small that population is now, the growth might look slow at first — but it’s happening soon, and plans are in place to help it start ramping up quickly.

The main company leading those plans in the near-term is Axiom Space, a private space station service provider, and eventual operator. Axiom is founded and led by people with International Space Station experience and expertise, and the company already operates R&D missions on behalf of private clients on the ISS with the help of NASA astronauts. It’s planning to begin shuttling entire flights of private astronauts to the station starting in 2021, and it’s also building a new, commercial space station to ultimately replace the ISS on orbit once that one is decommissioned.

Axiom Space’s Chief Business Office Amir Blachman joined us at TC Sessions: Space last week on a panel that included NASA Chief of Exploration and Mission Planning Nujoud Merancy, Sierra Nevada Corporation senior vice president and former astronaut Janet Kavandi, as well as Space Exploration Architecture (SEArch+) co-founder Melodie Yashar. The panel was focused on how public and private entities are preparing for a (relatively near) future in which humans spend more time off Earth — and further away from it, too.

Dec 20, 2020

Lilly’s neutralizing antibody bamlanivimab (LY-CoV555) receives FDA emergency use authorization for the treatment of recently diagnosed COVID-19

Posted by in categories: business, finance

People who are sick can ask for EUA drugs, but you have to ask often. INDIANAPOLIS, Nov. 9, 2020 /PRNewswire/ — The U.S. Food and Drug Administration (FDA) today granted Emergency Use Authorization (EUA) for Eli Lilly and Company’s (NYSE: LLY) investigational neutralizing antibody bamlanivimab (LY-CoV555) 700 mg. Bamlanivimab is authorized for the treatment of mild to moderate COVID-19 in adults and pediatric patients 12 years and older with a positive COVID-19 test, who are at high risk for progressing to severe COVID-19 and/or hospitalization. Bamlanivimab should be administered as soon as possible after a positive COVID-19 test and within 10 days of symptom onset. The authorization allows for the distribution and emergency use of bamlanivimab, which is administered via a single intravenous infusion.


The Investor Relations website contains information about Eli Lilly and Company’s business for stockholders, potential investors, and financial analysts.

Dec 20, 2020

Take a look at these houses made out of wooden LEGO-like bricks

Posted by in categories: business, energy, sustainability

Have you ever dreamed of building an actual house using your very own grown-up, sustainable version of LEGO? Meet Brikawood, the company making that dream a reality and transforming the modular home business.

Brikawood creates wooden bricks that interlock to create walls. This allows builders to assemble and disassemble an entire home without the use of glue, nails or screws. The wood-brick walls then get filled with wood shavings left over from the manufacturing of Brikawood bricks. These insulate both temperature and sound, which improve energy efficiency and peace of mind.

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Dec 19, 2020

All-electric off-grid glamping trailer ditches gas for solar power

Posted by in categories: business, climatology, sustainability

The new ERV from Retreat Caravans travels to the most distant corners of Australia and beyond, using only electric power to keep equipment running. That would be a nice feat for an RV as simple as a tiny teardrop trailer, but the ERV is more a dual-axle luxury condo. Its lithium battery and solar roof power the all-season climate control, indoor/outdoor entertainment system, electrified kitchen and even washing machine. Leave the LPG tanks and electrical grid behind, explore Outback-style remoteness and live like a kingly nomad in a high-tech hideaway.

Electric motorhomes and pickup campers have stolen the spotlight throughout 2019, but all-electric caravans have been quietly creeping forward in the backdrop. In the US, Thor Industries, the world’s largest RV manufacturer, worked up a more rigid definition of “off grid” with the Sonic X caravan concept back in March. Later in the year, another brand under the Thor umbrella, Germany’s LMC, followed suit with its own electrified trailer at the Düsseldorf Caravan Salon. The two models were quite distinct, but both shared the same goal: leaving behind every last trace of liquified petroleum gas (LPG) and tying together all onboard equipment with a single electrical architecture.

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Dec 18, 2020

Dr. Robert Schooley MD — Harnessing Phage Therapies In The Fight Against Drug Resistant “Super-Bugs”

Posted by in categories: biotech/medical, business, education, health

As we sit here in 2020, in the middle of a major viral pandemic, we can’t forget the fact that a century after the first antibiotics were created, drug resistant bacterial infections have become a major threat around the globe, exactly at the same time that the antibiotic pipelines of pharma companies have either dried up, or they have gotten out of the business.

In the U.S. alone, Centers For Disease Control (CDC) estimates that antibiotic resistance causes more than 2 million infections, several million hospital stay days, and over 35, 000 deaths per year. Worldwide, such infections cause 750, 000 deaths every year. And a recent United Nations (UN) report concluded that by 2050, “super bugs” could kill 10 million people globally every year, if no action is taken to combat the problem.

Continue reading “Dr. Robert Schooley MD — Harnessing Phage Therapies In The Fight Against Drug Resistant ‘Super-Bugs’” »

Dec 17, 2020

Hydropower Vision: New Report Highlights Future Pathways for U.S. Hydropower

Posted by in categories: business, economics, employment, energy, engineering

Hydropower has been around for more than a century, and is currently the nation’s largest source of clean, domestic, renewable electricity. What could its role look like in the year 2050?

Providing about 7 percent of the nation’s electricity, hydropower supports more than 143, 000 jobs in engineering, manufacturing, construction and utility operations and maintenance — all while improving the environment and strengthening our economy. Additionally, pumped-storage hydropower represents 97 percent of all energy storage in the United States, offering the flexibility and reliability the electricity grid needs to deliver affordable clean energy to American homes and businesses.

So what does the future of hydropower look like? To answer that question, over the past two years the Energy Department has collaborated with more than 300 experts from more than 150 hydropower industry companies, environmental organizations, state and federal governmental agencies, academic institutions, electric power system operators, research institutions and other stakeholders to explore how it could evolve in the coming decades.

Dec 17, 2020

A 3-floor apartment building is being built in Germany with a 3D printer — see how it’s being done

Posted by in categories: business, habitats, space

A three-floor apartment building is being constructed by Peri, a formwork and scaffolding maker, with the help of a 3D construction printer.

Germany-based Peri isn’t a newcomer to the ever-growing 3D construction printing segment. The apartment building is currently being printed in Bavaria, Germany, and the project was unveiled only two months after Peri announced i t was creating Germany’s first 3D printed two-story detached home.

Unlike the first project, this upcoming three-floor apartment building will contain 4, 090 square feet of occupiable space in the form of five apartment units and a basement. The units will be available in different sizes, good for both single occupants and families, Peri’s global business development manager of 3D construction printing Jan Graumann told Business Insider in an email interview.

Dec 16, 2020

To do in 2021: Get up to speed with quantum computing 101

Posted by in categories: business, computing, quantum physics

The first step is to understand qubits and superposition. The next one is to get a handle on the business advantage that this technology represents.

If “figure out quantum computing” is still in your future file, it’s time to update your timeline. The industry is nearing the end of the early adopter phase, according to one expert, and the time is now to get up to speed.

Denise Ruffner, the vice president of business development at IonQ, said that quantum computing is evolving much faster than many people realize.