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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.

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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.

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Melinda French Gates Sets Path to Empower Women Globally

American Entrepreneurship

$1 billion allocated to support her philanthropic voice of advancing women and family causes Melinda French Gates announced she is going her own way, stepping down from the Bill & Melinda Gates Foundation she and her husband founded almost 25 years ago.

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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

Additionally, the startup says its proceeds will be used to support autonomous beyond visual line of sight technology for drone and air taxi operations through its uncrewed aircraft system traffic management solutions and strengthen the development of Terra’s UAM services. . trillion by 2040, according to Terra’s IR deck. .

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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.

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Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board

American Entrepreneurship

This is another step towards achieving 11GW of offshore wind by 2040 while creating a better future for the next generation.” The provision of wraparound services including transportation, career coaching, and other supports is a core component of the awarded programs to expand access and address barriers to entry.

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