After a series of battery fires in their EVs, Hyundai is set to replace the LG-designed batteries

Reports from Korean media houses have revealed that Korean automaker Hyundai has plans to replace batteries in their Kona electric vehicle(EV), the Ioniq, and the Elec City Bus models. The replacement could cost the Seoul-based company about $1.4 billion. “Hyundai Motor has decided to replace the battery cells of its three electric vehicle models,” wrote […]

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The Brazilian Amazonia-1 satellite is launched by an Indian PSLV launcher

Late Saturday, India deployed its first flight of 2021, launching Brazil’s Amazonia-1 Earth observation spacecraft into orbit along with 18 smaller payloads. At 11:54 p.m. Eastern on February 28, the 44-meter-high PSLV-C51 rocket with two stable side boosters launched from Satish Dhawan Space Center on the Indian island of Sriharikota. Seventeen minutes after deployment, the PSLV […]

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As preparations for a flying space-explorer on a forthcoming Soyuz flight are finalized, Roscosmos and NASA leaders talk

As the agency completes an accord with its Russian counterpart, it is becoming highly probable that a NASA astronomer will fly on the Russian Soyuz flight to the International Space Station (ISS) in April. Roscosmos stated in a declaration on February 25 that its director general, Dmitry Rogozin, did speak with Steve Jurczyk, NASA Acting Administrator, that day. Rogozin shared his […]

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$130 million raised by Axiom Space

On February 16, Axiom Space revealed that it had garnered $130 million from a consortium of investors, enabling the company to press forward with its long-term plans to set up a private space station. The C5 Capital, a company that does invest in the cybersecurity as well as “closely aligned” segments, like space, leading the Series […]

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Umbra Raises $32 Million

Umbra, which is an imagery startup for Synthetic Aperture Radar (SAR), announced on January 30 that it was able to amerce $32 million through equity financing. The financing involved the family office venture fund of John Burbank, the founder of the Passport Capital hedge fund, and the existing investors; CrossCut Ventures, Starbridge Ventures, Hemisphere Venture, […]

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