Next generation planes will either by large or they will use new engines that switch between performance and fuel efficiency

The United States Air Force is in the process of completing its initial research on a next-generation air superiority capability to replace the Boeing F-15C Eagle and Lockheed Martin F-22 Raptor fighters. Once such research is completed, the service will embark on an 18-month analysis of alternatives (AOA) starting this coming January to determine exactly …

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Nuclear Fusion company Tri-alpha Energy has raised $500 million to make a prototype reactor in the 2020s

Tri Alpha Energy, nuclear fusion startup, has raised $500 million. Tri Alpha’s setup borrows some of the principles of high-energy particle accelerators, such as the Large Hadron Collider, to fire beams of plasma into a central vessel where the fusion reaction takes place. Last August the company said it had succeeded in keeping a high-energy …

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Shell drops Alaska oil project but Canada oilsands, North Dakota and Texas continue at slower pace

On Monday, Royal Dutch Shell ended its nine-year effort to explore for oil in the Alaskan Arctic — a $7 billion investment — in another sign that the entire industry is trimming its ambitions in the wake of collapsing oil prices. An oil forecast by Kirk Spano (Bluemound Asset Management) is that oil prices will …

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