Friday, May 27, 2022

Wisk Aero secures $450m to advance certified autonomous electric flight

Wisk, a leading Advanced Air Mobility (AAM) company and developer of the first all-electric, self-flying air taxi in the U.S., has secured $450 million in funding from The Boeing Company. This is making it one of the most well-funded AAM companies in the world.

Major breakthroughs made by the Bitcoin Lightning Network in 2021

In January 2009, Satoshi Nakamoto introduced the world to the first implementation of a decentralized peer-to-peer electronic cash system in a tiny package called Bitcoin.

Hero Packaging’s crowdfunding to open up to everyday investors

This March eco-packaging pioneer Hero Packaging will be inviting everyday investors to buy into its company via a crowdfunding campaign on Equitise to raise funds to fuel its expansion into the US and Canada. The innovative zero-waste superstars already have a fully functional business in North America but are looking to scale up operations by expanding the local team who will oversee the next phase of growth and increase the digital footprint. 

Global pandemic gifts NotNodi time to innovate the perfect travel pillow

The pandemic was a blessing in disguise, enabling the team to tinker with the design during Victoria’s extended lock downs and stress test the prototypes for longer. The team has now addressed these core concerns by designing a product that promotes a healthier travel experience, so you can sleep comfortably without impacting your health.

Effi launches product search API to help brokers access data under new open banking...

Mortgage broking fintech Effi has developed and launched a new Product Search API on its platform, which will allow brokers to easily access product data on home loans provided by banks and lenders as required under the new open banking system.

Samsung launches trial of Vital Monitoring System on Galaxy Watch4

Samsung Electronics has announced the launch of the trial of the solution, a Vital Monitoring System (VMS), on the Samsung Galaxy Watch4 device. VMS was recently launched in the USA and is part of, a cloud-based platform developed in Australia by Deakin University, NTRI, and SaniteX Global.

Hikvision Digital Technology’s top trends for the security industry in 2022

The world continues to endure the pandemic but the security industry has, no doubt, continued to shift, adapt, and develop in spite of things. Several trends have even accelerated. Beyond traditional "physical security," a host of frontiers like AI, cloud computing, IoT, and cybersecurity are being rapidly pioneered by entities big and small in our industry.

Cyberhawk and Shamal Technologies to transform major capital projects

Cyberhawk has signed an agreement with Shamal Technologies to transform the way major construction projects are managed in the Kingdom of Saudi Arabia. Shamal Technologies is a geospatial company that delivers end-to-end data acquisition, visualization and analytics solutions that can reduce operational risk. The company is the first in Saudi Arabia to develop solutions that integrate artificial intelligence technology with unmanned systems. 

Esri brings powerful mapping tech to everyone with new storytelling tool

Capturing and sharing life's experiences often requires multiple tools, which can result in disjointed storytelling. To serve creators' needs to control dynamic, narratives in one place, Esri, location intelligence expert firm, released StoryMaps, a powerful, personal storytelling tool. The product extends creative capabilities to anyone who wants to tell their story. Using Esri's mapping technology, this new software brings the geographic approach to any content that creators are passionate about. From documenting their ancestral journey to capturing aspects of daily life or planning a first big post-pandemic trip, StoryMaps helps capture life's moments in a way worthy of those experiences.

SourseAI raises $1.5m to drive data informed decision making at SCA

SourseAI, an AI and machine learning platform for decision augmentation, has secured $1.5 million in funding to negate gut decision making in the media, telco and utilities sectors.