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The Innovation Report

New USMCA Extension Window Passes Without Agreement; Automakers Preparing For Changes

The United States, Mexico and Canada have moved past a key deadline to extend the USMCA trade agreement, shifting the pact into an annual review process that leaves long-term...

U.S. Coast Guard Put 33-ft. Surveillance Drones On Great Lakes

The Great Lakes are not just a postcard backdrop for summer boating. They are one of the world’s most important freshwater systems, holding about 21% of the planet’s surface...

UBTech’s Humanoid Robots Deployed To Control Crowds At China’s Busy International Border

China has deployed humanoid robots at its border with Vietnam to help ease congestion at one of its busiest international crossings. The move comes as the Fangchenggang border...

What Does The Royal Navy’s Drone Warship Plan Mean For Scotland?

Drones, nuclear weapons and stealth jets - the UK government's long-awaited defence spending strategy has finally been published. Nearly £300bn will be spent over four...

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Rivian Automotive Goes Public

Rivian Automotive, the electric vehicle maker backed by e-commerce giant Amazon.com and Ford Motor, debuted on the Nasdaq Tuesday. The Tesla competitor Rivian began trading at $106, up 36% from its offering price of $78 a share. The all-electric truck and SUV maker...

Plans Unveiled for High-tech ’10-Minute City’ in Seoul

The idea of a "15-minute city," in which residents can all reach work and leisure facilities within a quarter-hour walk -- or cycle -- of their homes, has gained significant traction among urban planners during the Covid-19 pandemic. Now, a group of architects is...

Industry 4.0 Gets Its First Unicorn

Augury, an industrial AI + IoT company—with customers such as Colgate, Hershey's and Pepsi – has raised $180M in Series E funding. The round,led by Baker Hughes, launches the company to unicorn status and makes it an important bellwether for Industry 4.0 transitions....