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Lilium gets $200 million reprieve from going bust

Posted by ArielTechGeek 68 days ago (https://newatlas.com)

When we last looked at air taxi startup Lilium, it was in administration and laid off most of its employees on December 20. Now it seems there was a Christmas miracle on December 24, with investors throwing out a €200 million (US$206 million) lifeline.Continue ReadingCategory: Aircraft, TransportTags: Lilium, Air Taxis, eVTOL, Investment, Electric Aircraft, Jets

Startup Exosonic goes from supersonic boom to bust

Posted by ArielTechGeek 122 days ago (https://newatlas.com)

Another example of how the bleeding edge aerospace sector is going through a massive shakeup has surfaced as civilian supersonic startup Exosonic has announced that it is going out of business after being unable to raise needed funding.Continue ReadingCategory: Aircraft, TransportTags: Aircraft, Supersonic

Ant-inspired robot swarm works together to bust out of jail

Posted by ArielTechGeek 814 days ago (https://newatlas.com)

One ant is not very smart, but put a bunch of them together and they can achieve some remarkable things. Inspired by this emergent cooperative behavior, Harvard researchers have built robots that can work together to escape from a “prison,” without needing a specific plan.Continue ReadingCategory: Robotics, TechnologyTags: ANT+, Ants, Robot, Robots, Insect, Harvard