TRL

Eseye launches the industry's first IoT Readiness Level Index: A Ground-breaking Framework to Measure Readiness for IoT Adoption

Retrieved on: 
Thursday, May 25, 2023

"We recognised that every IoT use case is different, and many were struggling to successfully launch an IoT solution.

Key Points: 
  • "We recognised that every IoT use case is different, and many were struggling to successfully launch an IoT solution.
  • In addition to the IoT Readiness Framework, Eseye has also introduced a new subscription-based service offering called IoT LaunchPad™.
  • As IoT projects continue to become mainstream IRLs will become increasingly important in ensuring future success of IoT implementations.
  • To learn more about Eseye's IoT Readiness Level Index and to schedule an assessment for your organisation, visit the Eseye website .

Space Robotics Startup GITAI Raises US$30 Million in Funding

Retrieved on: 
Wednesday, May 24, 2023

TORRANCE, Calif., May 24, 2023 /PRNewswire/ -- GITAI USA Inc. and GITAI Japan Inc. (GITAI), the world's leading space robotics company, has completed a Series B Extension round of funding totaling 4 billion yen (approximately US$30 million) to accelerate and expand their business and technology development in the US.

Key Points: 
  • TORRANCE, Calif., May 24, 2023 /PRNewswire/ -- GITAI USA Inc. and GITAI Japan Inc. (GITAI), the world's leading space robotics company, has completed a Series B Extension round of funding totaling 4 billion yen (approximately US$30 million) to accelerate and expand their business and technology development in the US.
  • The funds raised in this round will be primarily used to achieve the following objectives:
    Enhancing the Technology Readiness Level (TRL) of GITAI's Lunar Robotic Rover and Lunar Inchworm Type Robotic Arm.
  • "We are thrilled to further expand our operations in the US," said Sho Nakanose, GITAI's Founder & CEO.
  • "While SpaceX and BlueOrigin are reducing the cost of transportation to space by 100 times, we at GITAI are taking on the challenge of reducing labor costs by 100 times.

Verve Therapeutics Announces Pipeline Progress and Expansion and Reports First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 15, 2023

BOSTON, May 15, 2023 (GLOBE NEWSWIRE) -- Verve Therapeutics, Inc., a clinical-stage biotechnology company pioneering a new approach to the care of cardiovascular disease with single-course gene editing medicines, today reported pipeline progress and financial results for the first quarter of 2023.

Key Points: 
  • “The focus at Verve is to develop life-changing medicines for people with cardiovascular disease,” said Sekar Kathiresan, M.D., co-founder and chief executive officer of Verve.
  • When we started, we took what was a new base editing technology and an in-licensed lipid nanoparticle (LNP) and created VERVE-101.
  • Research & Development (R&D) Expenses: R&D expenses were $47.1 million for the first quarter of 2023, compared to $24.5 million for the first quarter of 2022.
  • General & Administrative (G&A) Expenses: G&A expenses were $12.6 million for the first quarter of 2023, compared to $7.4 million for the first quarter of 2022.

Sidus Space's External Flight Test Platform Delivers Valuable Data on Radiation and Structural Integrity for Alfred University Experiment

Retrieved on: 
Friday, May 5, 2023

In November of 2019, twelve 3D-printed ceramic samples were sent to the International Space Station (ISS) aboard the Sidus Space External Flight Test Platform (EFTP) in support of a study performed by Alfred University.

Key Points: 
  • In November of 2019, twelve 3D-printed ceramic samples were sent to the International Space Station (ISS) aboard the Sidus Space External Flight Test Platform (EFTP) in support of a study performed by Alfred University.
  • The 3D-printed ceramic samples were exposed to space weather and radiation environment for approximately 260 days on Sidus’ EFTP.
  • Upon return, the samples were evaluated for radiation damage and structural integrity by examining their mechanical properties after having experienced thermal cycling during flight and mechanical vibrations during launching and landing.
  • EFTP is a highly reconfigurable external testing platform which is brought up to the ISS and is mounted outside in the harsh space environment.

Shift5 Earns Cross-Platform Authority to Operate (ATO) Certification

Retrieved on: 
Thursday, April 6, 2023

The accreditation, which comes on the heels of Shift5 achieving a Technology Readiness Level 9 (TRL 9) status, authorizes Shift5’s technology for safe use across multiple DoD platforms.

Key Points: 
  • The accreditation, which comes on the heels of Shift5 achieving a Technology Readiness Level 9 (TRL 9) status, authorizes Shift5’s technology for safe use across multiple DoD platforms.
  • “The ATO certification process is the cybersecurity validation of utilizing commercial off the shelf (COTS) technology to bring innovation to the warfighter,” said General Richard D. Clarke (Ret.
  • "In achieving our first ATO Certification, we are proving how the Shift5’s technology enables DoD operational readiness, lethality, and survivability.
  • The Shift5 dual use technology, which provides vehicle and weapon system-agnostic hardware and software services that enable predictive maintenance and cybersecurity capabilities, is in active implementation.

Epazz Holdings: ZenaDrone, Inc. 1000 AI Predictive Received a Letter of Support from the US Air Force for Drone Cargo Delivery and Intent to Use ZenaDrone 1000 Platform

Retrieved on: 
Tuesday, March 28, 2023

ZenaDrone is invited to work with the U.S. Air Force at an overseas base to test the ZenaDrone 1000 platform under battlefield conditions.

Key Points: 
  • ZenaDrone is invited to work with the U.S. Air Force at an overseas base to test the ZenaDrone 1000 platform under battlefield conditions.
  • ZenaDrone will be assigned a team from the base to conduct the test.
  • Over the past couple of months, ZenaDrone 1000 has been presented and showcased in front of the U.S. military.
  • CEO Shaun Passley, Ph.D., said, “We are excited to see ZenaDrone 1000 the subject of so much attention in multiple military branches.

GITAI Conducts Successful Demonstration of Lunar Base Construction in a Mock Lunar Surface Environment

Retrieved on: 
Friday, March 24, 2023

TORRANCE, Calif., March 24, 2023 /PRNewswire/ -- GITAI USA Inc. (GITAI), the world's leading space robotics startup, conducted a successful demonstration of lunar base construction using two GITAI inchworm-type robotic arms and two GITAI Lunar Robotic Rovers in a simulated lunar environment.

Key Points: 
  • TORRANCE, Calif., March 24, 2023 /PRNewswire/ -- GITAI USA Inc. (GITAI), the world's leading space robotics startup, conducted a successful demonstration of lunar base construction using two GITAI inchworm-type robotic arms and two GITAI Lunar Robotic Rovers in a simulated lunar environment.
  • As the demand for lunar exploration and lunar base construction increases, there is a growing need for safe and affordable labor in space.
  • This ground demonstration test emulates tasks that will be required for future lunar explorations and lunar base constructions using four robots: two inchworm-type robotic arms and two lunar robotic rovers.
  • The following three sets of tests were conducted in the simulated lunar environment in the desert, and all tests were completed successfully:

Comstock Announces Full Year 2022 Results

Retrieved on: 
Thursday, March 16, 2023

VIRGINIA CITY, Nev., March 16, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”), an innovator of technologies that enable systemic decarbonization, today announced its full year 2022 results, summary of achievements completed in 2022, and our 2023 business outlook.

Key Points: 
  • VIRGINIA CITY, Nev., March 16, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”), an innovator of technologies that enable systemic decarbonization, today announced its full year 2022 results, summary of achievements completed in 2022, and our 2023 business outlook.
  • “During 2022, we integrated our acquisitions, achieved extraordinary technological breakthroughs, advanced each business, and monetized non-strategic assets,” said Corrado De Gasperis, Comstock’s executive chairman and chief executive officer.
  • Actively engaged discussions and technical validation processes with multiple globally recognized renewable fuel producers towards the execution of licensing agreements.
  • “2021 and 2022 were about technology development and readiness, and 2023 is all about commercialization,” said De Gasperis.

International Telecommunication Giant e& Joins 5G Open Innovation Lab’s Innovation Ecosystem

Retrieved on: 
Wednesday, March 8, 2023

5G Open Innovation Lab (5G OI Lab) announced today that international telecommunication leader e& has joined its global innovation ecosystem.

Key Points: 
  • 5G Open Innovation Lab (5G OI Lab) announced today that international telecommunication leader e& has joined its global innovation ecosystem.
  • Its potential for market disruption is undeniable,” says Jim Brisimitzis, Founder and General Partner of the 5G Open Innovation Lab.
  • “It will also help us to innovate through collaboration with the ecosystem and accelerate value creation and monetization of 5G technology and edge computing which are the prime focus of both e& and the 5G Open Innovation Lab.”
    Today’s announcement of Batch 7 adds 14 new startups to 5G OI Lab’s open ecosystem bringing the total number of participating companies to 101.
  • Since the 5G Open Innovation Lab’s program inception in 2020, participating startups and alumni have raised a lifetime total of $1.641B with several exits valued at $200+M.

The Carbon to Value Initiative announces Year 3 of the Initiative's Carbontech Accelerator Program

Retrieved on: 
Tuesday, January 31, 2023

SOMERVILLE, Mass, HOUSTON and NEW YORK CITY, Jan. 31, 2023 /PRNewswire/ -- The Carbon to Value Initiative (C2V Initiative) and its Carbontech Leadership Council (CLC), enthusiastically announce the third year of the C2V Initiative's world-class carbontech accelerator program. The program, supported by the New York State Energy Research and Development Authority (NYSERDA), aims to foster a thriving community of industry leaders and entrepreneurs focused on both reducing harmful carbon dioxide (CO₂) emissions and spurring economic development. Given the gigaton-scale need for CO₂ removal, carbon management is increasingly recognized as a vital tool in keeping global temperatures from rising 1.5°C above pre-industrial levels.

Key Points: 
  • The accelerator program, focused on promoting startup-corporate collaboration, is seeking applications from innovative startups with carbontech solutions
    SOMERVILLE, Mass, HOUSTON and NEW YORK CITY, Jan. 31, 2023 /PRNewswire/ -- The Carbon to Value Initiative (C2V Initiative) and its Carbontech Leadership Council (CLC), enthusiastically announce the third year of the C2V Initiative's world-class carbontech accelerator program.
  • The C2V Initiative, the CLC, and NYSERDA are welcoming applications from startups developing carbontech solutions for the accelerator's third cohort.
  • More specifically, the program collaborators are interested in carbontech innovations that are related to the following categories:
    Carbon Capture, such as atmospheric (e.g.
  • Thanks to NYSERDA's partnership and leadership, the C2V Initiative is able to meaningfully continue to grow a new carbontech industry."