Harvard Alum Donates $9M to Cannabis Research – Largest Private Funding

Charles R. Broderick donated $9 million to Harvard and the Massachusetts Institute of Technology towards research for understanding the health effects caused from using cannabis, especially psychologically. This is the largest private…

Is it time for SunPower’s sunset?

Last year, SunPower had bought SolarWorld America's plant in Hillsboro for $26 million as part of its acquisition. It is now seeking to lease out a significant portion of the plant and sell the old cell-manufacturing equipment used by…

Drone delivery in China

DHL Express has partnered with EHang, a Chinese UAV company, to launch a fully automated and intelligent smart drone delivery solution in urban China. Given the complex road conditions and heavy traffic of cities, the program will be able…

$800 million to stop team-killing in your immune system

Genentech, a subsidiary of the Roche Group, partnered with Parvus Therapeutics to develop Navacim‚Ñ¢ Therapeutics for the treatment of autoimmune diseases. Parvus Therapeutics will receive $800 million in the form of upfront and milestone…

Facebook’s new fintech firm

It was revealed last week that Facebook set up and registered a new financial technology company named Libra Networks in Geneva, Switzerland. According to records, the fintech firm will focus on "investing, payments, financing, identity…

California awaits an energy boost

Schneider Electric has partnered with Navigant Research to look into upgrading California's energy infrastructure through EaaS solutions. Schneider Electric is a large corporation that specializes in the digital transformation of energy…

Electrifying the road from both ends

Honda has partnered with American Electric Power (AEP) to find new uses for the car manufacturer's used EV batteries. AEP will study how to best integrate the old batteries into the electric grid and share the data with Honda so that they…

CrowdStrike looks to strike a deal with the crowd

Cybersecurity firm CrowdStrike filed with the SEC last week to go public, joining the fray of tech IPOs. Most of the firm's patent documents in the AI Cybersecurity sector were filed around the time it was hired to investigate the…

Bryte launches first retail store in Seattle

Bryte, a San Francisco-based smart mattress company, opened its first retail store in Seattle this week. The bed uses AI to track a user's sleep and make adjustments to the sleep environment. The company has a single patent application,…

Smurfit Kappa is growing like a tree

Smurfit Kappa, Europe's leading corrugated and paper-based packaging company, has completed a major machinery upgrade to its mill in response to surging demand for paper-based alternatives to plastic packaging. The company has a pending US…

Abbott and the NIH will put their heads together

Abbott Laboratories announced on 5/14/2019 that it has partnered with the National Institutes of Health to support the agency's BRAIN initiative, which aims to accelerate neuroscience research and advancements. Although Abbott is a major…

Siemens opens Germany’s first eHighway

Germany has opened its first-ever section of "eHighway" as part of its Elisa program, which involves the government and German multinational conglomerate Siemens. Hybrid cargo trucks have conductor rods on top of their cabins, which allows…

Are Tesla and Panasonic breaking up?

A Panasonic letter to US Customs officials revealed that most of the solar cells produced by its factory in upstate New York are, instead of being sold to Tesla as expected, being exported to foreign buyers, most notably in Asia. This news…

A truly decentralized credentials system by Microsoft

Earlier this week, Microsoft announced an update to its plan for a scalable decentralized identifier system, which the company laid out last year. This would allow users to, for example, use a security key to access various accounts…

Amazon’s blimp, but in military form

AeroVironment is partnering with Kratos to integrate small unmanned systems and tactical missiles with high-speed, low-cost drones. The goal is for the deployment of large quantities of smart systems to overwhelm and disable enemy systems.…

Sandvik buys Artisan Vehicles

Sandvik captures more market share in the fast-moving battery-electric mining equipment space with the acquisition of Artisan Vehicle Systems. The core technology behind Artisan's offering is battery packs, electric motors, power…

PATHION acquires Ideal Power’s power conversion business unit and technology

April 17, 2019 - PATHION, a provider of intelligent energy solutions has agreed to purchase Ideal Power's Power Conversion Systems business and Power Packet Switching Architecture (PPSA) technology for a combination of cash and shares. Dr.…

Siemens to electrify Norway

Hafslund Nett, Norway's largest grid company, has contracted Siemens to supply a new Advanced Distribution Management System (ADMS) for the operation of a regional power grid. The system will enable monitoring and control of the complete…

Philips enters a decade-long commitment

Philips, the #3 patent holder in the AI Biotech/Diagnostics sector, has signed a 10-year partnership with Rutherford Diagnostics. This strategic collaboration will not only bring Philips' radiology technology and Rutherford's healthcare…

Approaching Bitcoin bit-by-bit

In an interview last week, PayPal's CFO John Rainey stated that while the company has "teams clearly working on blockchain and cryptocurrency," he thinks "it's a little early on right now" for PayPal to incorporate cryptocurrency in its…

Two drone startups will lift each other up

FlytBase and AirMap, two startups in the unmanned aerial vehicles space, have partnered to advance unmanned traffic management (UTM) technologies. This collaboration addresses the importance of establishing a controlled airspace for safe…

Panasonic partners with GS-Solar

Panasonic announced last week that it will transfer its solar manufacturing subsidiary, Panasonic Energy Malaysia, to GS-Solar, while separating its photovoltaic research and development function in order to establish a new company with…

Is XSENSOR feeling the pressure to expand into the Consumer Sleep Technology sector?

XSENSOR, makers of the REVEAL® pressure imaging technology that aids mattress retailers in selling the right mattress to consumers, is newly investing in the Consumer Sleep Technology sector. A patent application published this week…

Philips: feeding the next generation of healthcare

Philips, one of the top patent holders in the AI Biotech/Diagnostics sector, announced on 5/2/2019 that Netherlands-based telehealth startup Chipmunk Health will be utilizing Philips' HealthSuite digital platform in its new GP-to-patient…

Electric Planes Right Around the Corner

Electric airplanes have many advantages over combustion-powered planes, including being quiet (not just quieter), pollution-free,  60% greater energy efficiency, and greater stability in turbulence. Many companies are pursuing…

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