The Innovation Report
EV Prices Are Tumbling: Here’s The Financial Impact
Prices on electric vehicles are tumbling as dealership lots are filling up with more models amid cooling consumer demand. The result is that EV prices, in some cases, are approaching those of gas-powered cars, after adding in federal tax credits. The average price of...
EVs May No Longer Be ‘Green’ Under New EU Greenwashing Law
The European Union is in the early stages of negotiating the Green Claims Directive, a new law that aims to curb greenwashing and help consumers make greener choices. The proposal heavily regulates the environmental marketing practices of businesses, limiting...
The German Robots Hunting The Sea For WW2 Bombs
More than 1.6 million tonnes of unexploded weapons litter the North Sea and Baltic Sea. Remote-controlled seabed crawlers and robots with "smart grabbers" are now cleaning up these toxic munitions. A boxy robot crawls across the seabed off northern Germany, reaches...
Spacex Unveils New Starlink Mini Antenna For Internet Users On The Go
SpaceX just announced a new version of its Starlink satellite internet antenna that's small enough to fit in a backpack. The Starlink Mini is a portable kit designed to provide access to the company's satellite internet service for users on the go. SpaceX is...
VW Makes Big Investment In Rivian
The cash infusion is expected to help Rivian pay for development of its more affordable models. Volkswagen is investing $5 billion in Rivian, with the new joint venture expected to deliver new vehicles within the next five to ten years. Rivian's founder and CEO, RJ...
Mapping World’s Readiness For AI Shows Prospects Diverge
Artificial intelligence can increase productivity, boost economic growth, and lift incomes. However, it could also wipe out millions of jobs and widen inequality. Our research has already shown how AI is poised to reshape the global economy. It could...
GR-1 Humanoid Takes Multi-Camera Approach
Instead of equipping its sharp-looking GR-1 general purpose humanoid with a full next-gen sensor suite including such things as radar and LiDAR, Fourier Intelligence's engineers have gone vision-only. The GR-1 packs six RGB cameras around its frame for a 360-degree...
50th Mission: Rocket Lab Launches 5 IoT Satellites
An Electron lifted off from Pad B at Launch Complex 1 in Mahia, New Zealand, at 2:13 p.m. EDT on June 20 (1813 GMT; 6:13 a.m. local New Zealand time on June 21). The rocket was operating with an instantaneous launch window but lifted off at the first...
Robots & Specialized Software Open New Solar Farm Development Opportunities
A solar farm development startup just received a boost, lining up $20 million in Series A funding from Bill Gates’ Breakthrough Energy Ventures and Khosla Ventures. The company promises to cut down on land and labor needed, allowing solar to be built in previously...
AI Algorithm Counts Flowers On Trees To Predict Crop Yields
Scientists have trained an AI algorithm to count the number of flowers on fruit trees using only smartphone images. The system could predict the size of a harvest months in advance — saving farmers time, money, and water. Researchers from Chile,...
