Day: August 12, 2020
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The Damage to Machinery You Don’t Always Notice
When someone talks about technology being damaged, what are some of the first things you imagine in your head? Maybe a smartphone being dropped screen first onto asphalt. A car crash, maybe. How about those videos of people throwing laptops off of stairs. But there are other types of damage that you don’t always notice,…
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Pittsburgh looks to ‘infinity and beyond’ with $200 million NASA contract win
Pittsburgh local authorities say they are looking to “infinity and beyond” after NASA awarded a local company, Astrobotic Technology, a $200 million contract to build and send the first-ever US rover to the Moon by 2023. Specialising in the development of space robotics technology for lunar and planetary missions, Astrobotic was founded in 2007 by…
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Michigan awards $1.7 million in grants to expand electric vehicle charging network across the state
Drivers of electric vehicles will have more locations to recharge their vehicle’s batteries as they travel across Michigan because of $1.7 million in grants awarded by the Michigan Department of Environment, Great Lakes, and Energy (EGLE). The EGLE made the funding available for direct current fast chargers located along well-traveled routes. It says this will…
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Logistics companies turning to robotics and automation as way out of coronavirus crisis
Logistics companies are turning to robotics and automation as way out of the coronavirus crisis, according to the a new report by the International Finance Corporation, an arm of the World Bank. Governments around the world have responded to the crisis by designating logistics and supply chain companies as “essential” business and have exempted them…
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ThyssenKrupp sells its elevator business for more than $17 billion
Giant industrial conglomerate ThyssenKrupp says it has successfully completed the sale of its elevator business, marking a further important milestone in the transformation of the company. The transaction closed after all the responsible authorities had approved the sale to a bidding consortium led by Advent International and Cinven. ThyssenKrupp had reached an agreement with the…
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Automated transport ‘could propel development forward’, say World Bank analysts
Automated transportation and mobility systems – such as autonomous cars, driverless trains, elevators, escalators and moving walkways – “could propel development forward” for the global economy, according to World Bank analysts. Writing on the World Bank blog, Michael Lokshin, lead economist, Europe and Central Asia, and David Newsom, retired World Bank senior IT manager, say…