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The American social network giant Facebook is planning two undersea cables to connect United States and Southeast asian countries Indonesia and Singapore, to improve internet connection capacity between the regions. The cables will be named Bifrost and Echo and it will be the first to directly connect United Stated and Indonesia. The primary objective is […]
The German automaker Volkswagen plans to build electric vehicle battery plants in Europe to expand its infrastructure and speed up mass adoption of battery-powered cars. Volkswagen said that it plans to build six battery cell factories by 2030 in Europe with production capacity of 240 gigawatt hours per hour. A spokesperson said that’s enough to […]
The California-based venture-backed aerospace company Joby Aviation reveals its first electric aircraft. The company has spent more than a decade developing all-electric, piloted, vertical takeoff and landing passenger aircraft, And with over 1,000 test flights conducted to date. Joby Aviation will become a public company by clubbing with Reinvent Technology Partners. Which is a SPAC backed […]
American aerospace manufacturer and space transportation services company SpaceX raises $850million sending the company’s valuation to $74 billion. SpaceX raised new funds at $419.99 a share just a cent below the $420 price that Elon Musk made infamous in 2018, when he announced that he had “funding secured” to take Tesla private. The current raise […]
NEOM , a planned cross-border city in the Tabuk Province of northwestern Saudi Arabia is transforming liveability by redefining Urban Design with a vision what a new future might look might look. Countries across the globe are rethinking their approach, with a major percent of world’s transportation relying on fossil fuels, it is also the […]
The UAE (United Arab Emirates) Spacecraft Hope Launched from earth has entered the orbit around the Mars, currently moving at over 120,000km/h (75,000mph). The spacecraft called Amal, Arabic for Hope has reached the end of its 300 million mile, seven month old journey and begun circling the planet mars, Omran Sharaf, The Project Manager of […]
The South East Asian country Singapore is trying to attract more market- leading manufacturing firms to anchor their operations in the country, as it is working on its new goal to improve its manufacturing sector by 50 percent over the next 10 years. Setting up top companies in the country will enable Singapore to be […]
The world’s largest semiconductor chip manufacturer Intel invests $475 million into its Vietnam division. Which will help in adopting more advanced technology and move beyond its key central processing unit. Intel Vietnam, gets a 50% increase from previous investments, to manufacture core processors and 5G products, the company said the expansion was to help it […]
Catalonia has become a European hub for digital innovation and biomedical technology. According to European tech report, a considerable amount of venture capital flows to Barcelona, Incidentally Berlin, London, Paris and Amsterdam are at the top of the lists in innovation and start-ups. There are more than 1500 start-ups in Catalonian region, three out of […]
The German aircraft manufacturer Volocopter is all set to launch its first flying electric taxi service in Singapore within the next three years. The taxis developed by volocopter are electrically powered that take-off, land vertically and is also emission-free; it can accommodate up to two passengers and fly directly to the destination. The company had […]
Australian and Japanese company Transborders Energy has signed a MOUS with research, oil and gas industry to develop Australian offshore CO2 capture and storage hub project. It’s a joint partnership between the leaders in oil and gas sector and researchers to co-develop the project – the deepC Store project. In one of five priority technologies, […]
Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia announced the expansion of its flagship localization program to boost domestic supply chains and to increase local content. It is a notable milestone in the company’s In-kingdom total value Add (iktva) program, through Industrial Investment Program (IIP) the company includes the expansion for […]
