China’s top electric vehicle battery maker CATL (300750.SZ) said on Monday it has signed a battery supply agreement with Tesla. Tesla will buy as many batteries as Tesla chooses between July 2020 and June 2022. In the Q4 conference call, Tesla CEO Elon Musk said Tesla was working with both CATL and LG Chem, in …
The third landing of the B1051 booster was a hard landing but it was just within the safety margins the crush cores provide. The fall might have been caused by the drone being at the bottom of a swell or a last-second anomaly with the booster’s landing engine. Above is a picture of the drone …
The US Air Force and Northrop Grumman have published photorealistic renderings of new concepts for the next-generation stealth bomber, the B-21. The B-21 was expected to reach IOC (initial operating capability) in the mid-2020s but there was a recent statement by Global Strike Command chief Gen. Robin Rand that IOC might slip to late-2020s. The …
Ark Invest has over $11 billion under management and they are huge Tesla bulls. Ark has a new analysis that projects Tesla could have a $7000 per share value by 2024 which would mean the whole company would be worth over $1.2 trillion. The $7000 per share is a combination of ten widely different scenarios. …
Doctors in Thailand combined the anti-flu drug oseltamivir with lopinavir and ritonavir, anti-virals used to treat HIV to cure a 71-year-old woman of coronavirus over a 48 hour period. Thailand’s Health ministry was awaiting research results to prove the findings. They have also stopped short of calling it a cure but it is a treatment. …
China is putting $174 billion into the financial markets to prevent financial disruptions related to the coronavirus. China’s central bank said it will inject 1.2 trillion yuan ($174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus. …
GE Hitachi Nuclear Energy (GEH) has officially started the regulatory licensing process for its BWRX-300 reactor design. On 30 December, the company submitted the first licensing topical report for the small modular reactor to the US Nuclear Regulatory Commission (NRC). Highlights * Will be price competitive with natural gas * Small Reactor projects will be …
The US Navy will focus in 2020 on developing hypersonic weapons at breakneck speed and will have hypersonic weapon tests through the year according to the Acting Secretary of the Navy, Thomas Modly. In 2018, Russia claimed to have already deployed hypersonic missile systems. The US Navy plans to demonstrate the Navy-designed Hypersonic Glide Body. …
Researchers discovered a new cationic cobalt bisphosphine hydroformylation catalyst system that is highly active and extremely robust. Catalysts help transform one chemical substance into another, while remaining unchanged themselves. Cobalt, a common mineral, does well in accepting atoms from other molecules and forming complex molecules. Majority of industries–about 75 percent–choose to use rhodium-based catalysts because …
In 2019, Tesla electric car production passed the combined electric car and plugin hybrid car of Chinese carmaker BYD. This made Tesla the world’s largest electric car maker. Cathie Wood of Ark Invest reported that Tesla increased its share of the global market for electric cars from 17% to 18.5% in 2019. Too Late for …