The Innovation Report
Robots Making Waves Under The Ocean
The global ocean economy — everything from food and transportation to energy and telecommunications — is predicted to amount to $3 trillion by 2030, more than most countries' GDP. And it will only grow as the world transitions to renewable energy sources,...
Smart Cities: The Rise Of Digital Twins
According to the World Economic Forum, the global digital twin market is booming. Last year, it projected that the sector would be worth US$48.2 billion by 2026, a compound annual growth rate of 58 per cent. Another report, published by tech firm ABI Research,...
Venti Raises $29M To Design AVs For Industrial And Logistics Hubs
We are still likely many years away from wide-scale deployment, let alone adoption, of fully autonomous vehicles on our streets, but in the meantime, autonomous vehicle companies focusing on closed-campus environments continue to raise funding and make headway in...
White House Announces New Partnerships To Boost EV Production
The White House on Thursday announced it will team up with a number of major American companies and nonprofits in an effort to ramp up electric vehicle production and transition the country from gas-powered cars and trucks by 50% through the next decade. A number of...
May Mobility And Stantec Partner To Advance AV Microtransit Services
Cities, campuses and airports are some use cases the companies envision for providing “safe, equitable and accessible” AV service. May Mobility, an autonomous vehicle technology developer, and Stantec, a design and engineering firm, announced a partnership Tuesday to...
US Energy Officials Release Strategy To Boost Offshore Wind
The U.S. Energy Department said Wednesday it has a new strategy to meet the goal of vastly expanding offshore wind energy to address climate change. The Biden administration wants to build 30 gigawatts of offshore wind energy by 2030 — enough to power more...
MIT Scientists, Tech Leaders Call For ‘Pause’ In Artificial Intelligence Deployments
Just as millions of people have begun to use artificial intelligence systems like ChatGPT, an array of prominent scientists and tech leaders say it’s time to hit the brakes. Tesla founder Elon Musk, Apple cofounder Steve Wozniak, and former Democratic...
US Renewable Electricity Surpassed Coal In 2022
Electricity generated from renewables surpassed coal in the United States for the first time in 2022, the U.S. Energy Information Administration announced Monday. Renewables also surpassed nuclear generation in 2022 after first doing so last year. Growth in wind and...
Astronomers Increasingly Troubled By Satellite Constellations
Astronomers are becoming increasingly concerned about light pollution in the night sky caused by the growing number of satellites, and also space junk, in low-Earth orbit. Sunlight reflecting off the surfaces of the satellites and junk negatively impacts the...
Indian PM Modi Unveils Bharat 6G Vision Document
5G services were launched in India in 2022, and now the government is focusing on providing 6G services to the people of the country. Prime Minister Narendra Modi on Wednesday, March 22 unveiled the 6G vision document of the country and launched 6G R&D Test Bed....
