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Carbon fiber reinforced plastics market set to grow to $64 billion by 2030

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Carbon fiber reinforced polymers (CFRPs) are a critical class of performance materials, but disruptions from Covid-19 have made the future of the industry uncertain.

In a new report, The Future of Carbon Fiber Composites, Lux Research outlines major challenges and opportunities carbon fibers and CFRPs face and how standardization and recycling are enabling the CFRP market to grow to a $64 billion industry by 2030.

The carbon fiber industry is facing three major challenges: weakness in underlying markets, fiber standardization, and recycling. [Read more…] about Carbon fiber reinforced plastics market set to grow to $64 billion by 2030

Service robotics market grows by 33 percent in China

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China’s robotics industry outlook remains positive post-Covid-19 outbreak, especially across manufacturing, hospitality, and healthcare sectors.

This is according to a new report, How is Covid-19 Shaping China’s Robotics Industry?, by YCP Solidiance, which highlights that the $8 billion robotics industry projects a positive long-term growth forecast highlighting robotic automation and its useful applications across different industries.

Investment Contraction in China Following Covid-19: The Covid-19 outbreak has caused investment contraction in Q1 2020 – between 50 percent to 57 percent year-on-year, setting off a difficult funding situation across China and globally. [Read more…] about Service robotics market grows by 33 percent in China

Tips on How to Choose Which Cryptocurrency to Trade

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The cryptocurrency market was born in 2009 after the launch of a project called Bitcoin (BTC).

A cryptocurrency is an encrypted decentralized digital currency that can be transferred from one individual to another.

Since the launch of Bitcoin, many players have joined the market. Aside from Bitcoin, the other top players are Ethereum(ETH), Litecoin (LTC) and Ripple (XRP). [Read more…] about Tips on How to Choose Which Cryptocurrency to Trade

Graze unveils solar-powered autonomous commercial lawn mower

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Startup company Graze has unveiled a new solar-powered autonomous commercial lawn mower, which it plans to launch by 2021.

The company says has now expanded the design to increase efficiency and maintenance speed for mid-to-large sized commercial lawns, enhance cutting blades to perfect trim precision, add new sensor capabilities to increase safety, improve GPS based mapping and computer vision, while optimizing intelligent and applicable insights through advanced machine learning capabilities.

Analyst reports have found landscaping services in the US generated $101.7 billion in revenue in 2020, while commercial landscaping services (maintenance and general services) have been projected to range between 40 and 60 percent of the overall landscaping service industry in the US. [Read more…] about Graze unveils solar-powered autonomous commercial lawn mower

Accerion launches ‘world’s first infrastructure-free, sub-millimeter accuracy’ localization sensor for mobile robots

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Accerion has released a new localization sensor for mobile robots and automated guided vehicles.

The company says the sensor, called Triton, “sets the new standard” in mobile robot and AGV positioning for manufacturers and logistics operators who demand the highest degree of flexibility, adaptability, speed and precision.

After months of field testing in pilot programs across the globe, Triton is robust, proven and ready for high-performance logistics operations, supporting use cases such as free navigation, high-precision docking and virtual line following. [Read more…] about Accerion launches ‘world’s first infrastructure-free, sub-millimeter accuracy’ localization sensor for mobile robots

Xwing debuts ‘world’s first fully autonomous air cargo flight’ using classic plane

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A startup company called Xwing has completed what it says is the “world’s first fully autonomous air cargo flight” using a classic Cessna plane. (See video below.)

Aerospace experts at the company are working with the FAA to unveil pilotless plane technology for short-distance regional air transportation.

Xwing says it has successfully executed numerous passenger-carrying autonomous take-off to landing flights in a Cessna 208B Grand Caravan. [Read more…] about Xwing debuts ‘world’s first fully autonomous air cargo flight’ using classic plane

5 Best iOS Forex Trading Apps of 2020

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Could technology get any better? Who could have thought a day would come when investors would make major financial decisions, execute and manage them from their phones.

Well, that is the case today as you can comfortably install forex trading apps on your smartphone or tablet and run trading accounts successfully. In a world where most individuals have busy lifestyles, mobile phones come in handy in many ways.

Also, the world of forex trading is ever busy, and smartphones make it easy to keep up with it. You can always trade or check the progress of the market while on the go, anywhere, anytime. [Read more…] about 5 Best iOS Forex Trading Apps of 2020

Japanese infrastructure company selects ABB’s Terra 184 electric vehicle chargers

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ABB’s newly launched Terra 184 electric vehicle chargers have been selected by Japan’s e-Mobility Power (eMP) to modernize the infrastructure for the country’s electric vehicle market and accelerate the nation’s shift towards sustainable mobility.

Financial details of the order were not disclosed.

The project is part of a broader push in Japan to increase the share of electric and plug-in hybrids to between 20-30 percent by 2030, from just 1 percent in 2018. [Read more…] about Japanese infrastructure company selects ABB’s Terra 184 electric vehicle chargers

Thai agritech startup to use satellite images and AI for farming

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A startup company in Thailand called Ricult is planning to use satellite imagery and artificial intelligence to provide precision agritech services to farmers.

The company recently raised $2 million in new investment, bringing its total funding to $5 million, according to Nikkei. Among its backers are the Bill and Melinda Gates Foundation, and Bangkok Bank.

Ricult – which takes its name from the middle of the agriculture – says it is particularly targeting small-scale farmers with its services. [Read more…] about Thai agritech startup to use satellite images and AI for farming

New Chinese chipmaker’s progress could ease pain of US restrictions

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The progress made by a relatively new Chinese chipmaker, called ChangXin Memory Technologies, could help ease the pain caused by increasingly wide-ranging US restrictions against China’s tech companies.

US President Donald Trump has already effectively banned Huawei from doing business in the country, which has led to American companies to shun the Chinese telecommunications and smartphones giant. And in the latest move, as reported by the Wall Street Journal, the Trump administration has introduced new rules prohibiting non-US companies from selling any chips made using American technology to Huawei “without a special license”.

Huawei has found it difficult to source chips and other components for its equipment, for which, in turn, the company has found fewer buyers. [Read more…] about New Chinese chipmaker’s progress could ease pain of US restrictions

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