Space Forge gets £1.71m boost from the ESA.

Three year-old Cardiff startup Space Forge has picked up £1.71 million from the European Space Agency’s (ESA) Boost! programme, which is supported by the UK Space Agency, to support the design, development, construction and launch of a space-based manufacturing satellite named ForgeStar Orbital Vehicle (FSOV-1). To deliver the project, Space Forge will lead a consortium including ...

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Intel to announce new US site for eight fabs

Intel will announce, later this year, a new US site which will have eight new fabs, said CEO Pat Gelsinger (pictured on a digger) at the ground-breaking ceremony for its two new $20 billion Arizona foundry fabs. “As the only U.S.-based leading-edge chipmaker, we are committed to building on this long-term investment and helping the ...

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China bans cryptocurrencies

China has banned all existing cryptocurrencies as it prepares to launch its own state-backed cryptocurrency. China’s central bank has criminalised all cryptocurrency payments and services, including exchanging cryptocurrency for legal tender, providing information or pricing services, and trading in cryptocurrency derivatives.  China’s digital yarn is set to launch next year and the government does not ...

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Cellular IoT market will ramp in 2023

The cellular IoT market will ramp up in 2023, says Yole Developpement. Products will be low-volume and high-cost modules for 5G and high-volume and low-cost modules for NB-IoT and LTE – M applications. The latter will replace the 2G/3G devices currently deployed.  This growth will lead to a market value of over $800 million at ...

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1tps optical switch

An international research team led by Skoltech and IBM has created an energy-efficient optical switch that could replace electronic transistors in computers. In addition to direct power saving, the switch requires no cooling and operates at 1 trillion operations per second, it is between 100 and 1,000 times faster than today’s commercial transistors. The device relies on ...

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OneWeb completes acquisition of TrustComm

OneWeb has completed its acquisition of TrustComm – creating a US government-focused subsidiary. The deal enables it to offer its Low Earth Orbit (LEO) network and connectivity services to U.S. government clients. In corporate terms, TrustComm will become known as OneWeb Technologies Inc, a wholly owned subsidiary of OneWeb, and will be led by its former ...

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