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China’s leading autonomous driving company, Momenta, receives new funding of over $1 billion
Posted on Author Emily Nicholls
Momenta, the autonomous driving company, has recently announced that it has secured a new round of funding from strategic investors and government funds at a valuation of over $1 billion. Existing investors NIO Capital and Pagoda Investment increased their investments. Strategic investors included Tencent, China Merchants Group, CCB International, and government funds from Shanghai and […]
NASA Requests Funding for Mars Sample Return in 2026
Posted on Author Emily Nicholls
NASA has requested funding for a Mars sample return mission, that could be ready to launch by 2026. The space agency has made a $2.6 million budget request for the fiscal year 2020 and a portion of these funds would be allocated to funding the mission. NASA has stated that the mission would involve a […]
Trump and FCC announce US 5G initiatives
Posted on Author Xianique Nel
U.S President Donald Trump announced alongside Ajit Pai, Chairman of The Federal Communications Commission(FCC), a number of measures that are to be put into place to encourage the growth of 5G across America. In the ongoing race to be the first nation with 100% 5G commercial network coverage, the FCC and Trump administration will auction […]