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In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and ( most recently ) on bikes across developed and emerging markets in EMEA is announcing a major round of funding. billion ($4.3 billion).
Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024.
Transport for New South Wales was first established in 2011, and since then, the culture of putting customers and communities at the center of everything, and partnering with operational agencies, private operators, and industry to deliver passenger focus services and projects, has been a constant.
m , a startup that provides optimized transportation services for school-age children, has announced the close of a $130 million Series D raise, bringing its total funding to more than $200 million. m was awarded a $150 million contract to modernize the San Francisco Unified School District (SFUSD) transportation service.
Mass transportation is a critical part of how metropolitan areas keep moving, and today a startup that has built an AI-based platform to help mass transportation work more efficiently is announcing a huge round of funding to grow its business and tackle a new set of opportunities and challenges in the modern city. market overall.
As digitisation gathers pace, manufacturers, energy companies, and transportation businesses are among the sectors increasingly turning to private 5G to connect their operational technology (OT) environments. With 5G, the OT network is encrypted end-to-end, which enables completely secure communication between devices and systems.
Network equipment connecting internal and external systems at Japan Airlines (JAL) malfunctioned early on Dec. The issue was in networking equipment managed by DXC Technologies, according to an American Airlines statement cited by several news outlets. 26 after receiving a large amount of data from an external source, the company said.
One of the original startups that set out to create a low-Earth orbit satellite constellation to provide a data network here on Earth is now open for business: Swarm , which now operates 81 of its sandwich-sized satellites on orbit, announced today that its network service is live and available to commercial customers.
Resilient Solutions for Smarter Transportation As your city adopts Intelligent Transportation Systems (ITS) to enhance mobility and safety, securing these interconnected networks is more critical than ever. When physical and operational systems converge, the risks grow cyberattacks can have real-world consequences.
Onomondo , a startup offering a dedicated wireless network for internet of things (IoT) devices, today announced that it raised $21 million in a funding round led by Verdane with participation from Maersk Growth, People Ventures, and The Danish Growth Fund. A network reserved for IoT devices isn’t a novel concept.
Commitments to carbon neutrality keep coming from all corners of the business world — over the past few weeks, companies ranging from the fast-casual restaurant chain Sweetgreen to the security-focused networking IT company Palo Alto Networks to the online craft retailer Etsy committed to net-zero carbon emission plans.
More than 1,000 participants, including mobile network carriers, ecosystem innovators, and technology leaders, gathered to share insights on how these advances will impact industries and individuals. coverage throughout the forum’s venues, participants experienced the reliability and capabilities of next-generation networks in real-time.
With the onset of emerging technologies and increasing appetite among enterprises to create intelligent digital services, the demand for more bandwidth and better network connectivity is at an all-time high. The future of digital productivity rests on evolving network capabilities which Huawei has charted a path to achieve.
million seed round, is working to create a more efficient, decarbonized freight network that flows on top of existing railway infrastructure. rail network accounts for 28% of all freight movement , but most of that is bulk movement activity — large trains that move primary resources like coal and lumber. million Series A raise.
There are a number of benefits to this approach, which include: Flexibility – Deploy on virtually any mix of host environments, end user devices, and network infrastructure without a VPN connection. Security – Keep data safe inside the network as only display information in the form of encrypted pixels gets transferred to and from end-user.
Motional, the Aptiv-Hyundai joint venture that’s working to commercialize autonomous driving technology, has launched its new all-electric IONIQ 5-based robotaxi for driverless ride-hail operations on the Lyft network in Las Vegas. The news follows years of collaboration between the two companies in Las Vegas.
In today’s digital economy, networks are the backbone of digital productivity. These networks cover all the scenarios of enterprise services, including the access network, the transportnetwork in the wide area, and the data center network. Huawei’s ethernet networking approach in the Net5.5G
By reducing overall fleet size, we play a significant role in the overall acceleration of the electrification of the entire yellow bus network.”. Currently, hybrid or electric vehicles make up 19% of the startup’s CareDriver network vehicles, which are owned by gig economy workers similar to Uber or Lyft.
Optibus , which uses AI to help public transportation bodies and their mass transit partners plan and operate their networks, has raised $100 million, funding that it will be using to continue expanding its product set and wider business footprint, CEO and co-founder Amos Haggiag said in an interview in London this week.
Windows systems at hospitals, airline flight reservation centers, emergency response centers, and public transportation services were among those affected by the outage. Windows machines in endless boot loops are pretty much useless, beyond serving as door stops or paperweights.
Convoy, a digital freight network that connects shippers with carriers , has raised $260 million in fresh funding to scale up initiatives that will push the trucking tech industry into new ground. ” Having more brokers and truckers on the network can also lead to more stabilized trucking rates across the industry, says Lewis.
Swedish startup Einride was founded in 2016 with a mission to electrify freight transport. Einride founder and CEO Robert Falck told TechCrunch a year ago that he felt a moral obligation to create a greener mode of freight transport after spending years building heavy-duty diesel trucks at Volvo GTO Powertrain.
Lilium Aviation , a five-year-old, Munich, Germany-based, venture-backed startup that designs and makes electric vertical take-off and landing jets, is reportedly seeking tax incentives from the city to build a 56,000-square-foot transportation hub with the promise that it will create 100 high-wage jobs in return.
Experiencing first-hand the skill and dedication of the people I worked with, I have no doubt AVs (like Olli) are the future of transportation.” The autonomous vehicle space is an exciting emerging market with plenty of opportunity. Aside from an October 2020 announcement, news on that pilot seems to have gone quiet.
Chargel, which came out of stealth last year, matches shippers with transporters, digitizing processes that were previously largely offline. Image Credits: Chargel Chargel transporters, operating out of Senegal, make deliveries to neighboring countries Mali, Guinea and Mauritania. Moustapha says Chargel did over $1.2
, she joined the Los Angeles Cleantech Incubator, where she developed a first-of-its-kind EV Network Technician Training Curriculum. Shortly after, Terry and Ellis were accepted into Elemental Excelerator’s startup incubator and have landed contracts with major EV charging network providers like EV Connect and SparkCharge.
This disruption will be defined by a rise in mega breaches that take entire enterprise networks offline, driven by supply chain vulnerabilities and attackers reaching new levels of speed and sophistication. As part of Palo Alto Networks 2025 predictions , read on to uncover Unit 42’s insights on what to expect in the coming year.
Out where delivery trucks and full-size cargo planes don’t make a lot of sense, drones are proliferating — they may never deliver your burrito , but could soon be indispensable for transporting medicine and emergency supplies. Peck said they plan to raise a new $40 million round to build out 10 new networks — including in the U.S.,
Instead, B2B marketplaces are discovering creative new ways to monetize their networks, ensuring their approach is tailored to the complex and nuanced world of B2B e-commerce. Is the seller legally registered to sell and transport sensitive goods such as medical equipment or pharmaceuticals?
The support and knowledge of this investor group will catalyze BasiGo in its mission to make East Africa a leader in inclusive, sustainable bus transport,” he said. BasiGo plans to supply over 1,000 mass transit electric buses to transport operators in Nairobi over the next five years. Image Credits: BasiGo.
Whether generated by forestry, renewable energy, transportation or agriculture, offsets must be purchased by organizations year after year, and do not necessarily reduce a buyer’s footprint. It’s these advancements, and not the carbon credit offsets themselves, that will permanently reduce agriculture emissions. Now, it’s agriculture’s turn.
Palo Alto Networks is pleased that its expertise has been tapped once again with the appointment of Leonid Burakovsky, vice president of Product Management, to the CSRIC Working Group 3: Preparing for 6G Security and Reliability. However, these advancements are not without security challenges, including significant cybersecurity risks.
The Mountain View-based company is committed to improving transportation through the use of autonomous, lightweight, fixed-cable vehicles. The company says that its solution offers a lower cost per mile with fewer carbon emissions than conventional transportation alternatives.
billion tonnes of goods that are transported by road freight in the U.K “With this initial deployment, we’re looking forward to better understanding the potential role electric trucks can play in our transport operations,” Archana Jagannathan, PepsiCo UK’s head of sustainability, said in a statement. Its first U.K.
The company positions its activity tracking as focused on the community and networking aspects of the app and service, with features like virtual competitions and community goal-setting as representative of that approach. Strava has 70 million members already according to the company, with presence in 195 countries globally.
Transportation startup DeltaX is accelerating its plans to digitize the trucking industry in its native Bolivia and beyond thanks to a recent $1 million seed round. Millions of tons of cargo are transported each year via the Pan-American Highway and its branches across Colombia, Ecuador, Peru, Chile, Bolivia and Paraguay.
.” The term refers to the part of the supply chain where goods are transported from ports to warehouses. While Waresix’s platform digitizes all parts of the supply and logistics chain, its current focus is on mid-mile logistics services, or transportation from warehouses to distributors.
Revel plans to use the funds to expand its network of EV fast-charging “Superhubs” throughout 2022. The latest investment, following a $34 million Series A last year, brings the company’s total funding to around $165 million. as well.
” She added that Logisly is “laser focused on having the largest trucking network in Indonesia, providing 100% availability of cost-efficient and reliable trucks.” Logisly’s Series A will be used on growing its network of shippers and transporters (which currently covers 40,000 trucks) and on product development.
Einride has attracted a fairly high-profile roster of early customers in addition to GEA, including Oatly, Beyond Meat, Bridgestone and Maersk, the latter representing Einride’s largest order for electric transportation globally, with the Danish shipping company set to roll out some 300 trucks across Los Angeles, Chicago and New York.
The public transport sector in Kenya is largely traditional and a majority of operators, especially those in road travel, still require their clients to physically book tickets at their offices even when making advance travel plans. Others do not have provisions for seat reservation.
The plan is to integrate Torc’s self-driving system, along with Luminar’s sensors, into a Freightliner Cascadia truck as well as build out an operations and network center to run automated trucks.
The new features appear in its Oracle Transportation Management and Oracle Global Trade Management applications, and include expanded business intelligence capabilities, enhanced logistics network modelling, a new trade incentive program, and an updated Transportation Management Mobile application. billion in 2021.
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