Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...
A team of researchers at the USA's Massachusetts Institute of Technology (MIT) and the Masdar Institute of Science and Technology in Abu Dhabi, United Arab Emirates has developed a new solar photovoltaic 'step cell' that combines two ...
General Motors announced that it is acquiring Cruise Automation, a startup company that makes self-driving kits for certain types of cars. With this deal, General Motors will add Cruise Automation's software talent and rapid ...
Israel-based ingredients company Frutarom has acquired 50% stake in Algalo Industries to fortify its position in algae-based products segment. Frutarom has invested NIS10m ($2.6m) to acquire the stake. As part of its growth strategy, ...
Tags: Frutarom, algae-based products
Recently a US startup company named MOLT launched a crowdsourcing project for its latest product on Kickstarter. The product is called Mstick, a user- friendly LED light bar that suits everyone’s daily use, according to the campaign ...
An India startup company headed by Rohan Desle has launched an Indiegogo campaign to fund optical illusion LED bulbs. The warm white LED bulbs have a lifetime of 50,000 hours and there are seven models that backers can choose from ...
GE announced Current, powered by GE, a first-of-its kind energy company that integrates GE’s LED, Solar, Energy Storage and Electric Vehicle businesses with its industrial strength Predix platform to identify and deliver the most cost ...
Tags: LED, GE, New Energy Businesses, Startup
When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
American startup company LiquiGlide has developed an innovative coating that can permanently make the insides of a bottle wet and slippery. The coating will help in reducing wastage of products like glue or toothpaste by making the ...
Tags: LiquiGlide, Startup Company, Packaging
A plantable coffee cup studded with native seeds rewrites the rubbish or recycle dilemma. The fully compostable cup is a project by a startup company, Reduce.Reuse.Grow, in San Louis Obispo, founded by Alex Henige, a senior at California ...
Tags: Coffee Cup, plantable coffee cup
Daimler has sold its remaining 4% stake in electric car company Tesla Motors which fetched the company $780m. According to reports, the selling of shares will improve Tesla's ties with Mercedes rival BMW. Tesla supplies batteries and ...
Tags: cDaimler, Tesla Motors, Accessories
Terry Mennen will serve as president of Fontaine Coupling Solutions. TRUSSVILLE, AL — Fontaine Fifth Wheel Group has announced the creation of new division Fontaine Coupling Solutions, a company solely for the yard truck market. ...
Tags: Yard Trucks, Wheel, Transportation
One week after the Paper Battery Co. announced its partnership with a battery supplier in China, it is looking to make the move from prototyping to production. CEO Shreefal Mehta said the five-year-old company has been testing its ...
Living cells are ready for their close-ups, thanks to a new imaging technique that needs no dyes or other chemicals, yet renders high-resolution, three-dimensional, quantitative imagery of cells and their internal structures – all ...
Quick treatment with a new "microparticle" therapy might significantly reduce the damage caused by a heart attack, according to a new study conducted in mice. After a heart attack, much of the damage to the heart muscle is caused by ...