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The Industry Innovation Report

Orca AI Pulls In $72.5M For Its Autonomous Shipping Platform

Founded in 2018 by CEO Yarden Gross and CTO Dor Raviv, Orca AI applies AI-powered decision making and autonomous capabilities to ships based on a marine visual dataset of over 80 million nautical miles. By...

New Transit Service For Wheelchair Users Is First In Nation, Agencies Say

Three area transit agencies are testing a service for passengers who use wheelchairs to travel throughout their combined agency borders. Cincinnati Metro, Transit Authority of Northern Kentucky and Butler...

Recycling Gets Smarter: AI Robots From Amazon-Backed Startup Are Sorting Waste In Seattle

Entering Recology’s recycling facility in South Seattle stuns your senses. The din from heavy machinery is continuous. While recycled goods are meant to be clean from food waste, your nose quickly...

Ford Says Tariffs Will Cost Company $1.5 Billion In 2025

Ford Motor Co. reported first-quarter earnings that are lower than a year ago, reflecting some impacts from tariffs along with plant shutdowns amid vehicle launches that constrained dealer inventory. Despite...

Resilience Moon Lander Arrives In Lunar Orbit

The Resilience spacecraft, which was built by the Tokyo-based company ispace, arrived at the moon on schedule Tuesday (May 6), keeping it on target for a historic touchdown try a month from now. "First and foremost, we are extremely pleased that...

ISS Fires Thrusters To Avoid Chinese Rocket Debris

The International Space Station (ISS) executed evasive maneuvers Wednesday evening (April 30) to avoid a piece of passing space debris. Hardware from a Chinese Long March rocket that launched in 2005 was on course for a close flyby of the ISS, prompting mission...

World First: Scientists Summon Lightning With Drone

Earlier this month, the Japanese telecommunications company Nippon Telegraph and Telephone Corporation (NTT) successfully used a drone equipped with a lightning-proof cage to essentially summon lightning in an effort to mitigate damage from an incoming thunderstorm....

EV Giant BYD Doubles Profits Overtaking Tesla

Chinese electric car maker BYD’s doubled its profits to $1.3 billion in the first quarter as it continues to surge past its key rival, Elon Musk’s Tesla. The Shenzhen-based firm — whose annual revenue leapfrogged past Tesla’s last month to surpass the $100 billion...