The Army’s 1st Multi-Domain Task Force has used a small number of Kraus Hamdani Aerospace K1000 Ultra Long-Endurance, solar-powered unmanned aircraft system across the Pacific theater in places like the Philippines and Guam in recent years. Now the Pentagon has ordered $20 million worth of the systems for the unit as well as special operators.
The Pentagon made the award through the Accelerate…
Italian Navy tasks Fincantieri to design drone-laden warships
November 4, 2024
ROME — The Italian Navy’s is planning for a future in which swarms of airborne, surface and undersea drones will deploy from its ships and has challenged shipyard Fincantieri to build and adapt vessels which are ready for the task.
“We expect new navy vessels in…
The upcoming B-21 Raider stealth bomber could end up having a larger role in the Air Force’s plans for future air dominance, as the service rethinks its plans for an advanced sixth-generation fighter.
“We have not taken that off the table,” Air Force Chief of Staff…
Tesla has launched its new Powerwall 3 expansion units that can slash installation times by roughly half. We reported on Tesla’s plan for this new unit back in April.
As we previously reported, the main difference between Powerwall 3 and its previous version is its power capacity. The energy capacity remains at 13.5 kWh, but the power capacity is now rated at 11.5 kW and Elon Musk claims it has…
Volkswagen to shut EV factory in Brussels
November 4, 2024
Just days after Volkswagen announced plans to shut down three factories in Germany—a first in the company’s history—the automaker has now confirmed the closure of its Audi plant in Brussels, where it produces the Audi Q8 E-Tron. This closure is scheduled for…
Here’s what to know about Europe’s new vote on Chinese tariffs
November 4, 2024
It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Question is, will it even matter to a powerhouse like BYD?
After more than a year of…
Ripple CEO Loses Bank Account, Russia's New Crypto Law, and More
November 4, 2024
Ripple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review.
Week in Review
Ripple’s CEO recently disclosed the closure of his 25-year-old bank account, citing his leadership role in a crypto firm as a potential cause. Russia has introduced a new law that expands state control over digital…
Bitcoin’s price currently holds steady coasting between $67,945 to $68,149 in the last hour as sellers maintain their grip, with technical indicators and moving averages showing mixed signals for traders.
Bitcoin
On the daily chart, bitcoin (BTC) has experienced a pullback…
Earlier this week, Andy Ayrey, the mind behind the semi-autonomous AI bot Truth Terminal, discovered his X account had been hacked, leaving the bot’s portfolio emptied. Onchain investigator Zachxbt reported that a FWOG whale seems to be one of the parties tied to the…
Midjourney launches AI image editor: How to use it
October 30, 2024
Midjourney, the hit AI image generation startup founded and run by former Magic Leap engineer David Holz, is wowing users with a new feature unveiled last night: AI image editing.
As a good portion of Midjourney’s 20 million+ users (including some of us at VentureBeat) likely know, Midjourney previously allowed users to upload their own images gathered outside of the service to its alpha web…