Author: Zech
The U.S. Economic Development Administration (EDA) yesterday announced approximately $504 million in implementation grants to 12 Tech Hub-designated companies, including Colorado- and New Mexico-based Elevate Quantum (EQ), the lead organization for a collaboration aimed at strengthening the region’s global leadership in quantum information technology (QIT). Authorized by the bipartisan CHIPS and Science Act, a key part of President Biden’s Invest in America policy, the Tech Hubs Program is a flagship effort to grow our economy by investing in communities across the country while advancing America’s global leadership in critical technologies, strengthening our national and economic security, and accelerating the growth…
With an increasingly wide range of career pathways relying on mastering advanced skills involving complex data analysis, URI’s College of Environmental and Life Sciences has launched a program aimed at making students more competitive in the job market by developing these skills in a flexible environment. The new Graduate Certificate in Econometrics and Data Analytics offers students and professionals the opportunity to hone their expertise in econometrics, data processing, database management and coding skills. Through this three-course, 12-credit program, students will gain a comprehensive understanding of statistical and machine learning methods and learn how to apply them to real-world problems.…
Bank close-up In the wake of the surge in interest rates that is putting pressure on the financial system, more banks are reporting losses that amount to less than half of their capital, according to research by Dr. Rebel Cole, Lynn Eminent Scholar and professor of finance at Florida Atlantic University’s College of Business. According to the U.S. Bank Investment Securities Unrealized Loss Screener, 50 banks had unrealized losses in their investment securities portfolios that exceeded at least 50% of their capital in the first quarter of 2024, a slight increase from the fourth quarter of 2023. Overall, the total…
Bank close-up In the wake of the surge in interest rates that is putting pressure on the financial system, more banks are reporting losses that amount to less than half of their capital, according to research by Dr. Rebel Cole, Lynn Eminent Scholar and professor of finance at Florida Atlantic University’s College of Business. According to the U.S. Bank Investment Securities Unrealized Loss Screener, 50 banks had unrealized losses in their investment securities portfolios that exceeded at least 50% of their capital in the first quarter of 2024, a slight increase from the fourth quarter of 2023. Overall, the total…
Each year Nature Biotechnology profiles a company that has raised significant early-stage funding in the previous year. Empress Therapeutics is reverse-engineering microbial manufacturing. Over the past two decades, there has been intensive research into the human microbiome and its impact on human health and disease, but relatively few successes have been achieved in terms of translating research findings into therapeutic approaches: As of mid-2024, only two microbiome-based therapeutics have been approved by the US Food and Drug Administration, both of which target recurrent bacterial infections of the gut.Empress’s founding team (left to right): John Mendline, Executive Partner, Flagship Pioneering; Sabrina…
Best Gadgets and Gaming Accessories for Gamers – July 2024 Home Gaming Gadgets This is a must-have collection of gaming gadgets for gamers of all levels. Trending Products Govee X Evangelion Customizable Gaming Light Collection share Available Now Analog Pocket – Limited Edition: Portable Game Hardware share Available Now Glorious Model O 2 PRO Series Wireless Mouse for Gaming share Available on Amazon Logitech G Yeticaster GX Gaming Microphone and Boom Arm share Available Now Drop + Arqkeebs DCD Bird Jungle Desk Mat Artistic Depth Design share Available on Amazon Comfortable Logitech G G309 LIGHTSPEED Wireless Gaming Mouse share Available…
In recent years, CEE startups have begun to capitalize on the momentum of the space tech industry, which has historically been government-dominated due to high barriers to entry and the need for deep expertise. According to Dealroom data, the region ranks second in market share across the upstream space tech segment (already home to three unicorns in the space tech sector: OneWeb, Lilium and TomTom), followed by China, Canada and the rest of the world. Looking at the CEE level, the region already has a promising unicorn in this field. Poland-based ICEYE was founded by Rafal Modrzewski (Poland) and Pekka…
InSpacePropulsion Technologies (ISPTech), a spin-off from the German Aerospace Center (DLR), has raised €2 million in pre-seed funding. ISPTech is developing a propulsion system based on non-toxic, so-called “green” propellants that significantly reduce the overall cost, make it readily available and simplify spacecraft operations. The propulsion system offers superior performance compared to current green propulsion market standards and can be adapted for any spacecraft, from small CubeSats to large satellites, capsules and landers. Current space propulsion systems are expensive, complex and run on highly toxic propellants that require significant labor to handle, complicating and slowing the propulsion system development and…
R, a popular language for statistical analysis, has powerful statistical capabilities that make it suitable for a variety of engineering applications. To explore its fundamental capabilities, this article describes the UR3 CobotOps dataset, donated to the UC Irvine Machine Learning Repository in 2024. One of R’s biggest selling points is that it is open source. Its strengths in engineering lie in its robust statistical analysis tools, powerful data visualization capabilities, and rich ecosystem of specialized packages. The language also has some limitations in an engineering context. Compared to languages such as MATLAB and Python, it may not be as efficient…
Today, after an exhaustive, multi-year development and awarding process, the U.S. Economic Development Administration (EDA) announced the implementation awards of the Regional Technology Innovation Hubs Program (Tech Hubs). Going forward, these hubs will be the latest focus of the nation’s recent effort to foster high-potential technology clusters in new locations. The new grants, conceived by Brookings Metro and others in 2019 and funded through the CHIPS and Science Act of 2022, are a down payment on an authorized (but underfunded) $10 billion program to spread the benefits of tech-enabled growth to more places across the United States. In October 2023,…