The Defense Innovation Unit selected The Spaceport Company to demonstrate the ability to use a sea-based launch platform to quickly send cargo or satellites to orbit.
The company, headquartered in Woodbridge, Virginia, builds floating launch pads that could allow commercial companies or the Defense Department to fly payloads offshore. The concept is particularly relevant amid unprecedented launch…
The Air Force awarded Boeing a contract worth nearly $7.5 billion to build more kits to convert bombs into guided weapons known as Joint Direct Attack Munitions.
The company will provide JDAM tail kits and other supplies under the sole-source fixed-price, indefinite…
The U.S. Army approved the characteristics it wants in a Future Tactical Unmanned Aircraft System after awarding contracts to two teams competing to build the drone.
The service approved an Abbreviated Capabilities Development Document, or A-CDD, on May 17, setting up the…
Toyota, Japanese rivals promise more efficient next-gen ICE engines amid the shift to EVs
May 29, 2024
Despite the market moving toward EVs, Toyota, Subaru, and Mazda are committed to developing next-generation ICE engines. The new engines are “tailored to electrification” with integrated EV components.
Toyota, Subaru, Mazda, double down on ICE engines
Japanese automakers have been some of the biggest laggards in the transition to fully electric. As a result, Toyota was once again the…
I just swapped a Tesla Model 3 for a Model Y and Elon Musk's brutal layoffs ruined the experience
May 29, 2024
I turned in a 2021 Tesla Model 3 and leased a 2024 Model Y, and I learned firsthand how badly Tesla’s layoffs have affected morale and customer service.
My firsthand experience of Tesla layoffs
My husband and I wanted to work with Tesla’s new South Burlington, Vermont…
The battle over Elon Musk’s compensation package is heating up as a big advisory firm is recommending shareholders vote against it, and Musk fans are resorting to scare tactics.
Over the last few weeks, Tesla shareholders have been voting on several new proposals put…
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices, ethereum futures markets have achieved a record high in open interest.
Ether Futures Markets Reach…
Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto in different ways and that…
A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa operated under the names…
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities.
Study Shows Hedge Funds’ Net Short Positions in Bitcoin and Ether Futures Amid Market Volatility
The report suggests that the net…
