DefenseNews

The F-22 is going away, eventually. But not before the Air Force gets comfortable with its successor.

WASHINGTON — Top Air Force officials are now convinced the Lockheed Martin F-22 Raptor lacks the magazine depth and range needed to carry it into the next decade as the service’s air superiority fighter of choice. But the exact timing of its retirement will depend on how quickly the Air Force can put its sixth-generation fighter into production, said Lt. Gen. Clinton Hinote, the service’s…
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Cleantech & EV'sNews

Hyundai to invest $7.4 billion by 2025 to expand US footprint

Hyundai Motor Group (HMG) just announced plans to invest $7.4 billion in the US to produce future EVs, grow its production facilities, and develop new mobility solutions. HMG is the umbrella over both Hyundai Motor Company and Kia Corporation and plans to invest this entire sum in the US by 2025. In a press release directly from HMG, the South Korean automotive group plans to invest $7.4 billion…
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AI & RoboticsNews

Optimal Dynamics nabs $22M for AI-powered freight logistics

Join Transform 2021 this July 12-16. Register for the AI event of the year. Optimal Dynamics, a New York-based startup applying AI to shipping logistics, today announced it has closed an $18.4 million round led by Bessemer Venture Partners. Optimal Dynamics says the funds will be used to more than triple its 25-person team and support engineering efforts, as well as bolstering sales and…
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NewsPhotography

Polaroid’s Latest Collaboration Sees $950 FENDI Branded Camera

Polaroid has been on a tear of partnerships and collaborations over the past several months, the latest of which is a deal with Fendi that covers a Polaroid OneStep Close-Up 600 in a “FF Vertigo Motif” that is on sale now for $950. Part of Fendi’s Summer 2021 “Capsule Collection” — which features “70s references and 90s vibes” — the collaboration sees a Polaroid OneStep Close-Up…
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