Elon Musk‘s brain implant startup Neuralink, which was valued at close to $2 billion (roughly Rs. 16,500 crore) in a private fundraising round two years ago, is now worth around $5 billion (roughly Rs. 41,300 crore) based on privately executed stock trades described to Reuters by five sources with knowledge of the matter. Some purchases by bullish
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Alphabet’s Google is leading a $36 million (roughly Rs. 297 crore) funding round for Bengaluru-based Pixxel, a satellite-image startup, in the first major investment in the Indian space sector since the government launched its privatisation policy in April. Pixxel, founded in 2019, is building a constellation of satellites that have the ability to identify mineral
China will send its first civilian astronaut into space as part of a crewed mission to the Tiangong space station on Tuesday, its Manned Space Agency announced, as Beijing pushes ahead with its extra-terrestrial ambitions. The world’s second-largest economy has invested billions of dollars into its military-run space programme, trying to catch up with the
Elon Musk’s brain-implant company Neuralink on Thursday said the US Food and Drug Administration (FDA) had given the green light to its first-in-human clinical trial, a critical milestone after earlier struggles to gain approval. The FDA nod “represents an important first step that will one day allow our technology to help many people,” Neuralink said
US lawmakers will ask regulators to investigate whether the make-up of a panel overseeing animal testing at Elon Musk‘s brain-chip startup Neuralink contributed to botched and rushed experiments. US House Representatives Earl Francis Blumenauer and Adam Schiff, both Democrats, have signed a draft letter to the US Department of Agriculture (USDA) requesting a probe into
Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold within the next decade — an effort boosted by the personal support of Prime Minister Narendra Modi. In the year after the country opened the way for private launches in 2020, the number
National Technology Day is celebrated in India on May 11 and marks an important milestone in the development of the country. It marks the anniversary of a series of underground nuclear tests in the late 1990s and is a reminder of the efforts taken to use science and technology to develop the country since independence
Japan’s ispace said its attempt to make the first private moon landing had failed after losing contact with its Hakuto-R Mission 1 (M1) lander when it unexpectedly accelerated and probably crashed on the lunar surface. The startup said it was possible that as the lander approached the moon, its altitude measurement system had miscalculated the distance
China will start building relay satellites that by 2030 will act as a communication bridge between missions to the moon and beyond, and ground operations on Earth, Chinese state media reported on Wednesday. A pilot of the satellite constellation will support China’s ongoing lunar exploration programme and the building of the International Lunar Research Station
Scientists said Monday they have developed the first mobile printer that can produce thumbnail-sized patches able to deliver mRNA Covid vaccines, hoping the tabletop device will help immunise people in remote regions. While many hurdles remain and the 3D printer is likely years away from becoming available, experts hailed the “exciting” finding. The device prints
China will explore using 3D printing technology to construct buildings on the moon, the official China Daily reported on Monday, as Beijing solidifies plans for long-term lunar habitation. In the 2020 Chinese lunar mission, the Chang’e 5, named after the mythical Chinese goddess of the moon, an uncrewed probe took back to Earth China’s first
SpaceX is to make a second attempt on Thursday to carry out the first test flight of Starship, the most powerful rocket ever built, designed to send astronauts to the Moon, Mars and beyond. A planned liftoff Monday of the gigantic rocket was aborted less than 10 minutes ahead of the scheduled launch because of
Elon Musk’s SpaceX made final preparations early on Monday to launch its powerful new Starship rocket system to space for the first time, on a brief but highly anticipated uncrewed test flight from the Gulf Coast of Texas. The two-stage rocketship, standing taller than the Statue of Liberty at 394 feet (120 m) high, was
Elon Musk, the billionaire founder of SpaceX, on Friday denied a media report from earlier this week that said investors from Saudi Arabia and the United Arab Emirates were planning to invest in a multi-billion dollar funding round in the company. A unit of Saudi Arabia’s investment fund and an Abu Dhabi-based company are planning
The Federal Aviation Administration (FAA) on Friday proposed a $175,000 (nearly Rs. 1.45 crore) civil penalty against SpaceX for failing to submit some safety data to the agency prior to an August 2022 launch of Starlink satellites. The FAA said SpaceX was required to submit the information, known as launch collision analysis trajectory data, directly
The US Department of Transportation said on Thursday it is investigating Elon Musk’s brain-implant company Neuralink over the potentially illegal movement of hazardous pathogens. A Department of Transportation spokesperson told Reuters about the probe after the Physicians Committee of Responsible Medicine (PCRM), an animal-welfare advocacy group, wrote to Secretary of Transportation Pete Buttigieg earlier on Thursday