The Technology Authority

Seraphim Capital unveils world’s first listed space technology fund

TAMPA, Fla. — Seraphim Capital plans to trade stakes it has amassed in space technology startups on the public market through an investment trust.

The Seraphim Space Investment Trust will eventually comprise bets in 19 international startups, including satellite data specialist Spire Global, quantum encryption firm Arqit and space-based cellular network operator AST Space Mobile.

Those three recently got valuations of more than $1 billion in mergers with special purpose acquisition companies (SPACs), investment vehicles that offer another route to public markets. 

AST Space Mobile (ASTS) went public in April after completing its SPAC merger. Spire expects to

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Recon Updates Progress on its Technology-Driven Solutions for Electric Submersible Progressing Cavity Pump with $5 Million Orders Secured

BEIJING, June 11, 2021 /PRNewswire/ — Recon Technology, Ltd (NASDAQ: RCON) (“Recon” or the “Company”) today announced that its subsidiary, Beijing BHD Petroleum Technology Limited, signed two contracts with North China E&P Company (the “North China Branch”) of China Petroleum & Chemical Corporation (“Sinopec”). Pursuant to these two contracts, the Company has provided technical service with ultra-deep electric submersible progressing cavity pump (“ESPCP”) to one gas well at the Dongsheng Field of the Second Gas Production Plant (the “Plant No. 2”) of the North China Branch and will provide the same service to another gas well at the

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New standards needed for the clean energy technology supply chain

This year’s G7 meeting is the middle of a three-act play — after President Biden’s Climate Leaders’ Summit, and before the Climate Conference of the Parties in Glasgow.

In fact, according to UN Climate Change executive secretary Patricia Espinosa, the decisions the G7 makes in the next few weeks will have a major impact on the success of COP26, a truly green recovery from the pandemic, and whether nations reach their long-term goals under the Paris Agreement.

As such, this G7 may be more consequential than a simple gathering of western powers reading high-level talking points. Rather, this year’s gathering

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Portable technology offers boost for nuclear security, arms control

Left: An experimental setup showing a shielded detector. Right: A DT neutron source showing three disks of 6Li doped glass scintillator mounted on a photomultiplier tube. Credit: Massachusetts Institute of Technology

About five years ago, Areg Danagoulian, associate professor in the MIT Department of Nuclear Science and Engineering (NSE), became intrigued by a technique developed by researchers at Los Alamos National Laboratory that uses a neutron beam to identify unknown materials.

“They could look into a black box containing uranium and say what kind and how much,” says Danagoulian, who directs MIT’s Laboratory of Applied Nuclear Physics (LANPh). “I was

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As Covid deepens inequality, some ask if technology can narrow the gap

Side face of AI robot by particle form.

Yuichiro Chino | Moment | Getty Images

The global pandemic has aggravated existing inequalities around the world, and triggered questions about whether technology can help level the playing field.

As a leading hub for cutting edge technology and innovation, Asia faces the same debate: Can technology work for all?

Developing economies are more vulnerable to the inequities of access that exist in technologies like artificial intelligence, according to Kay Firth-Butterfield, head of AI and machine learning, at the World Economic Forum (WEF).

“That’s partly because we don’t have sufficient data, because it’s

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McDonald’s Is Being Sued By a Customer Over Its Latest Technology

McDonald’s latest tech upgrade which uses artificial intelligence could vastly improve the efficiency of the chain’s drive-thru in the future. But some customers aren’t thrilled by the prospect of placing their orders through an automated system that ends up collecting voice data without their consent.

The chain’s CEO Chris Kempczinski recently said that the company is testing new voice-recognition technology at several Chicago-area restaurants. Besides eliminating the need for human employees, the AI could improve the speed and accuracy of drive-thru orders. However, Kempczinski noted a systemwide rollout is still a ways away.

RELATED: McDonald’s Has Had a Record-Shattering Week

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