GM is promoting a plan to spend $27 billion on all-electric and autonomous vehicles through 2025. This is an increase from $20 billion from initial plans announced in March. GMs goal is be only four years behind Tesla in 2025. GM will do this by spend less than Tesla will spend over the next five …
Seven months ago, Nextbigfuture looked at the post pandemic world future as the pandemic was starting. We are now about halfway through the global pandemic. The World Bank’s baseline projection is for a 5.2% global economic contraction. China and several other Asian countries will have positive GDP growth in 2020. The US and many other …
For most of the last 57 years, the Arecibo radio telescope was the largest telescope in the world. Two cable breaks over the past few months. The telescope will be dismantled before it collapses. The 900-ton instrument platform is suspended 137 meters above the 305-meter wide dish. Arecibo Had Breakthrough Discoveries of Pulsars and Other …
Abengoa is a world leader in solar thermal technology and is making the largest hybrid solar plant incorporating vanadium redox flow storage. They have already developed, designed, built and/or operated solar thermal plants in four continents, with a total capacity of 1.9 GW, representing approximately 30% of capacity worldwide. They are is currently participating in …
Tesla is worth $480 billion and Elon Musk is worth about 20% more than Mark Zuckerberg. Another 10% move in Tesla stock will send Elon Musk past the net worth of Bill Gates ($128 billion). SP Global announced Tesla is going to be added to the SP500. This will likely be added in two parts. …
Ferroelectric Memory Company has $20 million in funding for sub-7 nanometer FeFET memories. This is energy saving non-volatile memory. They will first have 28nm planar CMOS for consumer applications in 2023 followed by IoT and industrial applications and then by automotive applications. This will be faster than flash memory. This low-power, non-volatile storage technology is …
Moderna, Inc. (Nasdaq: MRNA) reported the results of its Phase 3 study of mRNA-1273 has met the statistical criteria pre-specified in the study protocol for efficacy, with a vaccine efficacy of 94.5%. A secondary endpoint analyzed severe cases of COVID-19 and included 11 severe cases (as defined in the study protocol) in this first interim …
SpaceX and NASA had a successful launch yesterday and today they are docking to the International Space Station. NASA is paying SpaceX $3.1 billion for Crew Dragon development and to launch six operational missions. Boeing will be paid $4.8 billion for Starliner development and its six missions. After the Space Shuttle was retired, NASA has …
S&P Global announced on Monday that Tesla will join the S&P 500 effective prior to trading on Monday, Dec. 21. Tesla Inc. (NASD:TSLA) will be added to the S&P 500 effective prior to the open of trading on Monday, December 21 to coincide with the December quarterly rebalance. Due to the large size of the …
Dave Tholen and collaborators have detected light from the sun is moving the 300 meter near-Earth asteroid Apophis by 170 meters per year. This acceleration means that Apophis might hit the earth in 2068. Detailed analysis on the next close pass in 2029 will determine if Apophis is a risk. The Sentry Risk Table estimates …
Elon Musks Boring Company is making progress extending its first tunnel from the Las Vegas convention center to the first Casinos on the Vegas strip. During typical peak hours, driving from the Las Vegas Convention Center to Mandalay Bay, for example, can take up to 30 minutes. The same trip on Vegas Loop will take …