DefenseNews

Germany’s Hensoldt hires Thales executive to lead company

PARIS — Defense electronics specialist Hensoldt has hired a competitor’s executive as its new leader, the German company announced Monday. Oliver Dörre will become CEO at Hensoldt and replace outgoing boss Thomas Müller on April 1. Dörre joins Hensoldt from the French firm Thales, where he led the company’s German arm. Dörre has already started work on Hensoldt’s management board, the…
Read more
DefenseNews

US Army carves out its role in space

WASHINGTON — The U.S. Army’s mission when it comes to operating in space and using space capabilities is shifting to adapt to the arrival of the U.S. Space Force. Before the Space Force’s establishment in 2019, the Army’s space-related mission areas included…
DefenseNews

Here’s what the Navy is doing to boost SWO retention

Retention among surface warfare officers going into department head school is slightly down from last year, but numbers overall remain up as the service has launched several initiatives to keep SWOs in the service longer, according to officials. SWOs have historically…
DefenseNews

Navy chief to prioritize getting more ships ready for action

ARLINGTON, Va. — The chief of naval operations said Tuesday the service must “get more players on the field” as international crises demand more of the naval force, in her first major address since taking the helm of the Navy two months ago. Adm. Lisa Franchetti said at the Surface Navy Association’s annual conference she’s focused on improving the Navy’s readiness, including the…
Read more
Cleantech & EV'sNews

Kia introduces modular 'Platform Beyond Vehicle' strategy, teases several concept EVs at CES

Kia is kicking off the Consumer Electronics Show (CES) 2024 with some exciting news in a quest to go “beyond mobility.” This afternoon, Kia introduced its fully customizable Platform Beyond Vehicle (PBV) to provide businesses and individuals with modular, fit-for-purpose EVs. Kia also demonstrated the potential of its new PBV business by unveiling the Concept PV5. While many legacy automakers…
Read more
Cleantech & EV'sNews

Tesla drastically downgrades Model Y sound system

Tesla has drastically downgraded the Model Y’s audio system from 13 to 7 speakers and seemingly getting rid of the subwoofer. Fortunately, it’s only for the base version. Over the years, Tesla invested heavily in quality audio for its vehicles. The automaker hired…
CryptoNews

South Korea Proposes Ban on Credit Card Crypto Purchases

Amidst a national surge in crypto trading, South Korea’s FSC is proposing a significant change to their credit finance laws, potentially barring citizens from the use of credit cards in cryptocurrency transactions. South Korea Aims to Tighten Crypto Regulations with Proposed Credit Card Ban The South Korean Financial Services Commission (FSC) is considering an amendment to its credit finance act…
Read more