On November 11th 2019, A group of Investors took a trip to Lancaster, California in order to witness the major breakthrough that Heliogen the latest startup of Bill Gross the founder of Idealabs was unveiling. They are a company that aims to reduce the carbon emission involved in the manufacturing of cement, lime, coke, and steel which are some of the most energy-intensive and polluting industries currently. Heliogen’s indigenously developed solar concentration technology has the capability to attain high temperatures required for the manufacturing processes and they are on a quest to one day replace fossil fuel completely. The setup involves Four high-resolution cameras that capture real-time video of a field of mirrors that are controlled by sensors to focus the sun’s energy on a particular spot either at a transmission pipe used to transport gas, or a tower, is heated to over 1,000 degrees Celsius. The testing facility has 70 mirror panels that prove the technology will work. However, the real model will have mirrors spread across 2 acres and will also integrate with the current fossil fuel burners ensuring 24hr long working of the plant, but with almost 60% reduction in usage of fossil fuels. Read More>>
Living in a smart home neighbourhood is both convenient and sometimes creepy admit the residents of Black Diamond a suburb of Seattle, The younger generations of the family love using the technology to voice-control their home lighting, setting up reminders and also using it to call people and play videos on their display screens. However, the older ones feel really threatened by the surveillance features that accompany the smart home facility this is mainly because of the presence of cameras in most of the rooms and the exterior walls that track motion both inside and outside the house. automatic switches save data and doorways keep a log of people, this data can be stolen by someone in order to make a revenue out of it which posses a serious threat. Amazon has a tie-up with construction companies inorder to promote the use of their smart speakers and voice control devices, this also gives the construction agency a unique selling point over other builders in the locality. But is all this high tech stuff really worth what’s at stake? Read More>>
The pitch was held at Doolittle Institute in Niceville, Florida on November 7th,2019. Over 9 startups pitched their products on Hypersonic Flight such as Mach 5 plus capabilities, These included small propulsion units to composite materials that are capable of withstanding very high temperatures and speed. The reason the pitch is so exciting is not just the same day contract of $750,000 that will be awarded to the winner of the pitch by the Airforce but also the opportunity presented by Airforce to the company to partner on the current up-gradation project of their warfighters such as F-35 with Hypersonic grade weapons. The pitch day winner will support the two major Air Force boost-glide hypersonic prototype efforts now underway: the Hypersonic Conventional Strike Weapon and the Air-Launched Rapid Response Weapon (AARW). Read More>>
Recently when a live-fire exercise was in session between the Australian,US and other troops, a number of highly autonomous drones successfully carried out more than 380 drop missions to the front lines that included blood and other medical supplies to the troops. These drones were designed by a startup called zipline and were part of the Defense Innovation Unit and the Naval Medical Research Center’s Naval Advanced Medical Development who were demonstrating the capabilities of their drone technology that could aid during the war. the zipline drones carried out over 461 sorties throughout the day and night and successfully dropped 381 supply packages with the help of small parachutes. These are not the first of the unmanned vehicles that were used to deliver cargo during a crisis. However, these are very compact and easy to handle compared to the previous unmanned helicopters Kmax which was used until 2015. Read More>>
Many times it is mistaken that AI would replace humans in a firm however it rather aids humans with decision making and yields accurate solutions to convoluted problems. AI has grown to a stage where it not only detects cancer, recognises facial patterns or predicts flood, Recently many startups are interfacing AI with humans and this collaboration has brought about a lot of advancements and opened new possibilities in the field of art. But with so much advancements in this field many industries have started to research and even integrate this technology into their business model inorder to add value to their product and services offered, However they have to realise it does not blindly mean they replace humans with programmable bots rather use the AI to make the process efficient, fast, smooth and accurate. Read More>>
The WakeMed campus in Raleigh, N.C is testing out the drone technology that could be used to carry boxes smaller than the size of a shoebox containing vials of the blood samples that were heading to the lab for analysis, this trip usually takes 45 minutes on foot or by car owing to the busy streets of the hospital , However with the help of a drone the parcel reached within 10mins. this means that by saving a lot of time we could eventually save lives or at least reduce the delay in providing medical treatment. WakeMed’s partner UPS Flight forward has won federal approval to expand their operations and thereby use multiple vehicles at multiple locations hence increase the range of the flight. This could potentially mean that we will be able to connect hospitals and health-plexes in a given region and transfer blood and tissue samples irrespective of the traffic congestion. Read More>>
Super apps are those platforms that offer all online services in one app for smartphones, they include services like messaging, ordering food, banking, shopping and even booking a taxi. Wechat that’s called the “King of Super Apps” has been dominating the Chinese market and has more than one billion users that use it every month, it has extra features such as gaming and publishing. In Southeast Asia, Singapore-based Grab and Indonesia’s Gojek are competing to mimic Wechat’s model of success. Although these super apps are proven to be a great success in developing economies its intriguing that their presence is not felt in large and well-established economies such as the United States and Europe. Read More>>
50 years after men first walked on the moon, on 26th September 2019 in the Russian segment of the international space station an International collaboration that uses 3D Bioprinting solutions succeded in synthesizing muscle tissue in small scale under microgravity conditions. The cutting edge technology aims at cultivating beef steaks, this experiment is the first big step in sustainable food production methods that could potentially feed the rapidly growing population.Read More>>
Tech startups deal with software, cloud computing and mobiles. on the other hand, Hard tech startups are mostly concerned with materials, energy and Lifesciences. It is shocking that the criterions governing the success of both are completely different and thus a basic playbook cannot be used for both categories by an entrepreneur. However, in the past decade, tech startups have followed a particular trend in order to remain successful such as;
- Building products that fit into the big market by taking advantage of the rising smartphone market and also cloud computing technologies.
- Putting together a team of engineers, managers and designers to facilitate lean software development and growth methodologies.
- Using the right mix of “Tried and true” as well as the “out of the box” business strategies in order to expand larger and faster with the assistance of right executives.
Although it sounds really simple, it is extremely difficult to implement them and the pattern is completely different for Hardtech startups. Read More>>