DefenseNews

US Army moves out on digital engineering strategy

June 20, 2024
The Army is embarking on a strategy to implement a digital engineering environment meant to speed the pace, lower the cost and reduce risk in weapons systems development, according to Jennifer Swanson, the service’s deputy assistant secretary for data, engineering and software within its acquisition branch. Gabe Camarillo, the Army under secretary, who previewed the effort last fall, signed the…
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DefenseNews

US Army to launch AI pilot project for acquisition workforce

June 20, 2024
The U.S. Army wants to better understand how its acquisition and contracting workforce could use generative AI to improve efficiency and is launching a pilot next month to explore those questions. Jennifer Swanson, deputy assistant secretary of the Army for data, engineering…
Cleantech & EV'sNews

Flying electric ferries battle to smoothly sail commuters over the wave crests

June 20, 2024
As electric boats slowly gain market share among recreational boaters, a different breed of silent, efficient speed boats is now targetting commuters. Hydrofoil electric ferries are coming to a river or lake near you, and multiple companies are working to make it happen. I’ve had the pleasure of covering electric boats for years, where I’ve seen just about everything the nascent industry has…
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CryptoNews

Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments

June 20, 2024
Bank of America report shows younger affluent individuals favor crypto and alternative investments, differing from older generations’ traditional focus. “In fact, the most ‘conservative’ group is holding the highest average exposure to crypto,” the bank said. ‘Younger Groups Hold More Crypto and More Alternative Investments’ Bank of America released a report titled “2024 Bank of…
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CryptoNews

Unlicensed Crypto Business Leads to Indictments in Utah

June 20, 2024
Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested…