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Pangyo Techno Valley: Pioneering Global Urban Air Mobility Solutions

AsiaTechDaily

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.

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Malaysia’s Mosti Prioritizes Tech Innovation and Startup Ecosystem in its Annual Budget

AsiaTechDaily

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.

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Melinda French Gates Sets Path to Empower Women Globally

American Entrepreneurship

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.

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ZeroAvia’s hydrogen-powered vision for aviation nets $21.4 million from Amazon, Shell and Bill Gates-backed fund

TechCrunch

For corporate investors like Amazon that have committed to decarbonize by 2040, the innovations and industry adoption can’t happen quickly enough.

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Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion 

TechCrunch

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

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Sydney-based quantum sensing startup Q-CTRL raises $25M Series B led by Airbus Ventures

TechCrunch

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

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Salty, subterranean water could relieve world’s lithium shortage

TechCrunch

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.

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