TyroMotion GmbH (AT)

Legislation Initiative Announced to Bolster Wave Energy in New Jersey

New legislation initiative to bolster wave energy as the next, up-and-coming renewable energy source. Recognizing this technology's incredible potential, the state can aim to include wave energy in its Energy Master Plan and develop a streamlined process for its deployment along New Jersey's coast. This action will help New Jersey become the first US state or territory to have a commercial wave energy proof of concept.

Optomec 60% Growth in Additive Electronics and Metal System Orders

Optomec Inc announced a sharp increase in bookings during fiscal year 2021, including nearly 60% growth in new orders for its proprietary Aerosol Jet and LENS industrial printers. The steep rise in recent sales puts business activity well ahead of pre-pandemic levels, where Optomec had already experienced 50% growth in 2019, and takes the total installed base to nearly 600 machines across more than 250 customers.

Emberion Raisess €6 Million for its Infrared Imaging Business

Graphene Flagship partner Emberion has raised €6 million in funding to further develop their infrared imaging business. Currently, Emberion is one of the leaders in the development of these technologies, enabled by graphene and other layered materials.

Delivery of the World's First Personal Self-Balanced Exoskeleton

Most of this new round of financing will be used by Wandercraft to fulfil the company's mission of "mobility for all", through the continued development, then launch, of the new Personal Exoskeleton for outdoor and home use. The funding will also allow Wandercraft to accelerate the deployment of Atalante, its pioneering CE marked rehabilitation exoskeleton, in the USA.

Flytrex - Drone Delivery Company

Flytrex Aviation Ltd was established in Israel in late 2013. In 2020, the company received the certificate for commercial operations from FAA that allows them to operate drone deliveries in suburban areas of three cities in North Carolina, the US. Since its inception, Flytrex has been trying to offer on-demand drone delivery for food and retail. As of January 2022, the company employs over 50 people. Flytrex has raised a total of $60.3 million in funding over six rounds. Their latest funding of $40 million was raised on Nov 19, 2021 from a Series C round, invested by BRM capitals.

First Floating Wind Project in the Celtic Sea

Located 44km from the Pembrokeshire coastline in up to 75m water depth, the Erebus project aims to be fully operational by 2026 and will deliver up to 100MW of clean energy, powering 93,000 homes per year.

First of its Kind Bidirectional Vagus Nerve Simulator

Engineers and researchers have developed a novel fully-implantable wireless bidirectional vagus nerve stimulation and sensing device for mice. Details about the device and its capabilities outline the potential to transform how bioelectronic medicine research is conducted in labs worldwide.

Microbots Could Heal Broken Bones

Inspired by the growth of bones in the skeleton, researchers have developed a combination of materials that can morph into various shapes before hardening. The material is initially soft, but later hardens through a bone development process that uses the same materials found in the skeleton.

First Fully Operational Airport for Urban Air Taxis to Open in UK

British start-up, Urban-Air Port Ltd, announced it has secured investment from Supernal, previously the Urban Air Mobility Division of Hyundai Motor Group, to deliver on the companies' shared vision of integrating advanced air mobility into existing transit networks and creating a seamless passenger journey. The funding will help support Urban-Air Port's plans to develop 200 vertiport sites across the world in the next five years.

Radian Aerospace Emerges from Stealth, Announces Seed Funding

Radian Aerospace, the developers of the world's first fully reusable horizontal takeoff and landing, single-stage to orbit spaceplane, announced that the company recently closed $27.5 million in seed funding.

Carbometrics

Carbometrics is a UK-based startup looking to develop biomimetic glucose-binding molecules (GBM) for glucose sensing applications. IDTechEx analysts Brendan Beh and Dr Nadia Tsao spoke with Carbometrics CEO, Dr Andy Chapman, on the 19th of November 2021.

Is This the Costliest Oversight in Materials Science This Century?

The materials science industry is highly competitive. There are large changes in various sectors, such as an electric and autonomous future for vehicles, geopolitical & legislative developments, and new players offering innovative materials looking to gain market share. The key to future success will rely on commercializing R&D activity and remaining agile to market needs, two reasons that developing a materials informatics strategy is imperative.

First Electric Bus Designed and Developed in Africa

Opibus has just introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever. This is the first major step in the company's vision to provide a locally designed and developed electric bus that can be mass-produced for the pan-African market, by the end of 2023.

Maersk Invests in Electrofuels Startup Company

Maersk expects several fuels to exist alongside in the future fuel mix and has identified 4 potential fuel pathways to decarbonization; biodiesel, alcohols, lignin-enhanced alcohols and ammonia.

Honeywell and FREYR Collaborate on Next-Generation Battery Cells

Through the agreement, Honeywell and FREYR intend to provide smart energy storage solutions to address the needs of a wide range of commercial and industrial customers alike. Subject to viability, FREYR will leverage Honeywell's broad automation and software expertise including automation systems, quality assurance and controls, and industrial software to provide manufacturing capacity at scale in Europe and the US.

Zadar Labs: Software-Defined Radars

The automotive radar market is rife with innovative technologies coming from start-ups. Zadar's contribution to the space is a re-imaging of the boundary between software and hardware. New Si-CMOS based componentry is making radar's much more flexible and facilitating on-the-fly, over-the-air updates that can continuously improve the radar's performance over the lifetime of the vehicle.

Scintil Photonics

Scintil Photonics are a start-up company whose aim is to supply photonic integrated circuits, whereby III-V lasers are integrated at the wafer level onto silicon. IDTechEx spoke with Yannick Paillard, CCO.

Sensirion

Manufacturer of temperature, humidity and gas sensors for the automotive industry, medical technology, building technology, industrial processes and consumer goods.

Why is the 3D Printing Market not Consolidating?

"We expect to see the additive manufacturing market consolidating in the near future" has been the refrain of many for nearly a decade now. The thought really strengthened after major acquisition moves by industry titans Stratasys and 3D Systems between 2010-2012. Stratasys would acquire wax 3D printer company Solidscape and merge with material jetting pioneer Objet in 2011-2012, while 3D Systems completed a jaw-dropping 13 acquisitions between 2011-2012. With so many major moves by market leaders in the early 2010s, it seemed like market consolidation was just around the corner.

ExxonMobil Ambition for Net Zero by 2050

ExxonMobil announced its ambition to achieve net zero greenhouse gas emissions for operated assets by 2050, backed by a comprehensive approach to develop detailed emission-reduction roadmaps for major facilities and assets.