LONDON — The British Ministry of Defence has signed a contract with Thales U.K. to procure “Martlet” missiles for replenishing the country’s stocks after donating hundreds of them to Ukraine.
UK Defense Equipment & Support, the defense ministry’s procurement arm, announced the new order, valued at $227 million, on the sidelines of the Farnborough International Airshow here.
“The…
PARIS — Dassault Aviation said the production ramp-up of its Rafale fighter jet continues to be impacted by supply chain disruptions in the aerospace industry.
Lifting the Rafale production pace to three a month at the final assembly plant in Mérignac in southwest France…
The US Navy risks outsourcing control of its drones
July 25, 2024
Thanks to programs like Replicator, and incubators like the Defense Innovation Unit and the Disruptive Capabilities Office, the Navy is on the precipice of widespread adoption of uncrewed systems.
These systems bring with them the prospect of new technologies, new…
Tesla has confirmed a new date for the unveiling of its upcoming Robotaxi, a dedicated self-driving vehicle.
It is now planned for October 10th and CEO Elon Musk is hinting at potential ‘one more thing’ at the event.
Earlier this month, Bloomberg reported that Tesla is delaying the unveiling of the Robotaxi, which was planned for August 8th, to October. The report claimed that the delay was…
It wasn’t too long ago that Rivian and Ford were expected to build EVs together. Then, Rivian and Mercedes-Benz announced plans to produce electric vans. Although both fell through long ago, Rivian CEO RJ Scaringe recently spilled the tea on why the tie-ups really…
Vermont is now offering its residents up to $6,000 in incentives to replace their flood-damaged, scrapped cars with EVs.
On July 16, 2024 – barely over a year after 2023’s devastating floods – Governor Phil Scott (R-VT) announced updated state BEV and PHEV incentive…
Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies, combined with its innovative banking solutions, continues to disrupt the financial sector…
As the European Union strides towards comprehensive crypto regulation, MiCAR stands out as a cornerstone of this new landscape. However, the true impact of MiCAR, alongside other critical regulations like the Transfer of Funds Regulation (TRF) and the Digital Operational…
Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day.
Blackrock Dominates Inflows as Nearly Half a Billion Exits…
Game developer Barnyard Games and entertainment company Superplastic announced today they’re collaborating on a new project: Bringing Superplastic’s animated characters to a video game, specifically Fortnite. The two are launching their own title, Fortnite’s Most Wanted, a combat map built with Unreal Engine for Fortnite (UEFN). The game is available to play now and features two characters…
