Remove 2040 Remove development Remove support
article thumbnail

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

AsiaTechDaily

The initiative signaled Mosti’s plans to support innovation and technological advancement within Malaysia, particularly in nurturing startups. million electric vehicles (EVs) on Malaysian roads by 2040. Minister Chang Lih Kang has outlined these focus areas in Mosti’s budgetary proposals.

article thumbnail

Pangyo Techno Valley: Pioneering Global Urban Air Mobility Solutions

AsiaTechDaily

The 2nd Pangyo Business Support Hub with Drone Enterprise Support Center (Photo = beSUCCESS) In a bid to foster startups and venture companies that will lead the future drone and UAM market, the Korea Institute of Aviation Safety Technology has been operating the Drone Startup Support Center since 2017. trillion in 2040.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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

TechCrunch

“Our airspace is going to get more crowded than ever, but most companies today are concentrating only on hardware development,” said Terra Drone CEO and founder Toru Tokushige , who is also serving as the CEO of Terra Motors, which develops electric vehicles. trillion by 2040, according to Terra’s IR deck. .

article thumbnail

Decentralizing the Electric Grid

Andreessen Horowitz

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. There are proposed reforms to help alleviate this development backlog.

energy 140
article thumbnail

TechCrunch: Where top VCs are investing in construction robotics

Dream It

Of the sub-verticals in construction that tend to cost the most (structural support like concrete and steel or mechanical and plumbing), not many can be automated because of the complexity of the task. We have also staffed our URBAN-X accelerator program with dedicated experts to provide software and hardware support.

article thumbnail

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

TechCrunch

ZeroAvia is now developing and testing the certification-ready ZA-600 powertrain, which can fly a 10 to 20-seat aircraft up to 500 miles, the company said. For corporate investors like Amazon that have committed to decarbonize by 2040, the innovations and industry adoption can’t happen quickly enough.

article thumbnail

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

TechCrunch

The latest funding will support hiring staff and enable new data-as-a-service markets powered by quantum sensing, founder and CEO of Q-CTRL Michael Biercuk said. It also will continue to invest in developing its quantum control for quantum computing and quantum sensing for acceleration, gravity and magnetic fields, Biercuk added.