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US-based Morgan Stanley has projected that the global UAM market will grow at an average annual rate of 30% between 2021 and 2040, reaching $1.5 trillion in 2040. The partnership aimed at applications not only in commercial agriculture and construction industries but also in military drones used for reconnaissance and surveillance.
million electric vehicles (EVs) on Malaysian roads by 2040. Minister Chang Lih Kang has expressed his aspiration for the budget to allocate funds that will aid the government in achieving its ambitious target of having 1.5 Presently, the adoption of EVs in the country remains relatively low.
Overall, improvement in women’s health could add as much as $1 trillion to the global economy by 2040. She offers that full participation of women results in further economic growth, women’s political participation decreases corruption and peace agreements written with the involvement of are more durable.
trillion by 2040, according to Terra’s IR deck. . The global drone surveillance market is expected to grow to $476.5 million in 2028 , from $142 million in 2021. The global UAM market is projected to increase to $1.5
The quantum computing industry is estimated to be worth more than $850 billion in annual value by 2040, according to a report by Boston Consulting Group. It will open an office in Berlin with the first employees starting next month, Biercuk noted. . The global quantum sensors market is projected to increase to $299.9
By 2040, the International Energy Agency expects lithium demand to be 42 times higher than it is today. To meet demand, Benchmark says that $42 billion will need to be invested in the space by the end of this decade. Without new lithium projects coming online, it’ll likely get worse throughout the 2030s.
Currently, we face a critical challenge: our electricity demands — expected to nearly double by 2040 due to factors like AI compute, reshoring , and “electrification” — are soaring, but our grid infrastructure and operations struggle to keep pace.
in 2035 and France in 2040. Norway will end sales of fossil fuel cars and light commercial vehicles by 2025. The Netherlands, Ireland, Sweden and Slovenia will follow suit with passenger cars in 2030, as will Denmark and the U.K.
Robotics and automation are not only important, but they are also likely the only way to address the challenge of delivering the built environment we need by 2040. Compounding this is the fact that only 3 percent of the construction labor force is Millennial while over 20 percent is approaching retirement.
Just offshore wind alone has the potential to meet global electricity demand by 2040, according to the IEA, which is well in excess of all offshore oil and gas production today. But today, it increasingly means tapping the enormous energy represented by the ocean’s winds and waves.
In addition, 2040 Foundation participated, along with existing investors The Engine, Safar Partners, Prime Impact Fund, Embark Ventures and Massachusetts Clean Energy Center. Today, the company announced a $38 million Series B. The round was led by NGP ETP, a firm that focuses on investments that lower carbon emissions.
Without intervention, the United States could be on track to destroy over 50,000 miles of marine habitat by 2040 1 “The investment decision was swift and resolute,” comments Anthropocene Ventures’ Managing Partner, Matthew McGraw. The company is producing the world’s first 3D-printed Living Seawalls that serve as artificial reefs.
million by 2040. Glaucoma is the second leading cause of blindness worldwide, and the leading cause of blindness in the US, where it affects about 3 million people. Worldwide, glaucoma cases are projected to increase from 57.5 million to over 111.8 When it comes to combating glaucoma, measuring pressure is useful.
The move represents an important landmark for FedEx in its stated goal to have an all-electric delivery fleet and be carbon neutral around the world by 2040. FedEx has received its first five GM -built Brightdrop electric delivery vans out of an order of 500. Nikola has come to a resolution with the U.S.
Many research studies have shown the value of a diverse management team. In VC in particular, our job is to understand the diverse future , not the present. – Portfolio company diversity.
If I asked you for a few million bucks to plant some trees worth nothing until 2040, and that may well burn again in the next ten years… well, I wouldn’t blame you if you held onto your money.
The amount of plastic pouring into our oceans is set to triple by 2040, and most un-recycled plastic in the world is generated by consumer packaged goods. The whole package: How plastics and sustainability startups achieve success. Image Credits: Cavan Images / Getty Images.
“The cultured meat sector is one of the most prosperous in the food substitutes industry and is expected to reach a turnover of $630 billion by 2040. Profuse also won first place in the main competition at this week’s FoodTech 2021, Calcalist reports.
Virgin Hyperloop – the next-generation technology that aims to connect cities in record time through transport pods zooming through tubes at hundreds of miles per hour – will carry 200 million passengers a year by 2040. Read more here.
The amount of plastic pouring into our oceans is set to triple by 2040 , and the bulk of the un-recycled plastic in the world is generated by an enormous industry: consumer packaged goods (CPG).
Air EV targets the private market and is now accepting pre-orders for its all-electric, two-seater eVTOL, the AIR ONE, which has a range of 110 miles on a single charge at speeds up to 155 miles per hour. Morgan Stanley estimates the flying car market will reach $1.5T OurCrowd has an allocation in Air EV’s current funding round.
Australia’s national science agency CSIRO recently released a report on Australia’s quantum industry in which it forecasts an $86 billion global market size in the quantum industry by 2040. The quantum communications and cybersecurity market is expected to account for about $16 billion globally. ” .
Global plastic use is expected to double by 2040 , with most plastic sent to landfills and only 13 percent recycled. According to CIEL (Center for International Environmental Law), plastic production and incineration could produce 2.8 gigatons of carbon dioxide every year by 2050. .
However, countries in the region are eager to join the rest of the world in the shift to electric, and Kenya is among those that have committed to transition fully to zero-emission motor vehicles by 2040.
“World Fund only invests in startup technologies that can save at least 100 megatonnes of CO2e annually by 2040. Mark Windeknecht is joining as an observer to the board,” says Schwich.
In China, 60% of journey-miles may be autonomous by 2040, according to a recent report by McKinsey & Co. For the moment, they’re driving them around for mapping purposes, but mapping is a key step on the way to actual autonomous testing. However, China’s AV companies are dependent on chips designed mainly by U.S.
The Murphy Administration has taken significant steps to meet the ongoing challenges of climate change and has set several clean energy targets, including 100 percent clean electricity by 2035,11 gigawatts of offshore wind power by 2040, and 50 percent economy-wide greenhouse gas emissions reduction by 2030.
In a statement, the German VC said it exclusively backs tech with the potential to remove “100 million tonnes” — that is, 100 megatonnes — “of carbon from the atmosphere yearly by 2040.” ” Other investors in the latest round include the EU’s European Innovation Council and Tencent.
Lithium, cobalt, nickel, graphite, manganese, and other rare earth metals are in increasingly short supply as demand scales up – the demand for lithium alone is estimated to grow between 13-42x by 2040.
Workers are mad and no longer willing to sit idly by being spoon fed “we’re family” b t from bosses making 350x more than they are, doing layoffs over zoom from a yacht. It is a certainty that things are and will change… How fast? What will unionization rates in private workforce be in 2025? I don’t know.
This $5M Series A-1 round is being led by Israeli VC firm HIVE 2040 at a pre-money valuation of $11M. IXDen was founded by experienced entrepreneurs who established and managed startups and held senior positions in Amdocs, Fundtech and Microsoft. Learn More. UAE: Gateway to half the world.
In an interview with TechCrunch, Stripe CEO Patrick Collison said that expanding into Africa presents the company with “an enormous opportunity,” adding that Stripe is planning for “a longer time horizon” than most other companies: “We are thinking of what the world will look like in 2040-2050.”
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