DoD’s funding will enable SkyWater Technology to make chips which can work in hostile conditions such as outer space. SkyWater Technology, a U.S. semiconductor maker stated, it will be receiving up to $170 million from the U.S. Department of Defense to make smaller and faster semiconductors with new materials that can work in outer space.…
A revamped version with a better price points and lower operating costs, Bombardier is aiming to gain some marketshare from Brazil’s Embraer.
The Gulfstream G700 poses a direct challenge to Bombardier’s Global 7500. Gulfstream, a U.S. planemaker unveiled its widely-expected G700 long-range jet in a direct challenge to Bombardier Inc’s Global 7500 flagship aircraft. Gulfstream Aerospace, a unit of General Dynamics Corp, stated the G700 would be powered by Rolls-Royce Holdings PLC’s Pearl 700 engines. It expects…
Italy plans on levying a 3% tax on all internet transactions from 2020. In a significant development of widespread ramifications, the Italian government has approved a new tax on digital companies, including U.S. tech giants, as part of its 2020 draft budget. The move could potentially draw threats of retaliation from the United States. The…
In a strategic move Henan Yuguang Gold and Lead is studying plans on setting up a lead-acid battery production line as part of a downstream expansion. Company officials from Henan Yuguang Gold and Lead, China’s largest lead producer stated, the company plans on setting up a lead-acid battery production line as part of a downstream…
Czech manufacturer Tatra is exiting a rough patch, during which neither it nor observers were sure where the future was. In recent years, Tatra has signed several high-potential agreements, with either large clients or high-potential partners. With an incursion into the world of off-road mobility, the Czech manufacturer now covers all segments of the market.…
This is SoftBank’s second investment in Mexico after it invested $20 million in Clip, a payments firm. In a development that sees an expansion in SoftBank’s growing portfolio in Latin America, the Japanese conglomerate said, it will be investing in Kavak, a Mexican used car platform. “We are proud to join with and invest in…
According to the U.S. motorcycle maker testing of LiveWire is going “well”. Following the discovery of a glitch during final quality checks, U.S. motorcycle giant Harley-Davidson Inc stated, it has stopped the production and deliveries of its first electric motorcycle. In a statement the motorcycle maker stated, it has discovered a “non-standard condition” with its…
New rules drafted for Germany allows a level playing field for all telecom equipment vendors. On Monday, in a significant development, Germany has finalized rules to build its 5G mobile networks which does not exclude China’s Huawei Technologies. German government officials have confirmed that Germany’s security catalogue foresaw an evaluation of technical and other criteria…
New York City’s Taxi and Limousine Commission (TLC) has set a 31% limit on how much time drivers of app-based vehicles can drive without passengers in Manhattan south of 96th Street. In a development that mirrors Uber’s move to sue the New York City state in order to nullify a new rule which limits the…
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