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Self-driving vehicle startup Argo AI completes $2.6B deal with Volkswagen, expands to Europe

Self-driving vehicle startup Argo AI completes .6B deal with Volkswagen, expands to Europe Volkswagen Group finalized Tuesday its $2.6 billion investment into Argo AI, the Pittsburgh-based self-driving car startup that came out of stealth in 2017 with $1 billion in backing from Ford. The deal turns Argo into a global company with […]

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Polestar to open first U.S. stores in the second half of 2020

Polestar to open first U.S. stores in the second half of 2020 Polestar’s first U.S. retail stores will open in Los Angeles, New York City and two locations in San Francisco later this year — the latest milestone for the automaker as it gets closer to bringing its all-electric vehicle to market. […]

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Uber drivers and riders will be required to wear face coverings

Uber drivers and riders will be required to wear face coverings Uber is planning to require drivers and riders to wear face masks as it prepares to ramp its ride-hailing business back up after being hobbled by the COVID-19 pandemic. CNN was first to report that executives approved a new policy that […]

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NextNav raises $120M to deploy its indoor positioning tech to find people in skyscrapers

NextNav raises 0M to deploy its indoor positioning tech to find people in skyscrapers NextNav LLC has raised $120 million in equity and debt to commercially deploy an indoor-positioning system that can pinpoint a device’s location — including what floor it’s on — without GPS . The company has developed what it […]

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Hyundai is launching BotRide, a robotaxi service in California with Pony.ai and Via

Hyundai is launching BotRide, a robotaxi service in California with Pony.ai and Via A fleet of electric, autonomous Hyundai Kona crossovers — equipped with a self-driving system from Chinese autonomous startup Pony .ai and Via’s ride-hailing platform, will start shuttling customers on public roads next week. The robotaxi service called BotRide will […]

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NASA Administrator Jim Bridenstine explains how startups can help with Artemis Moon missions

NASA Administrator Jim Bridenstine explains how startups can help with Artemis Moon missions At this week’s International Astronautical Congress, where the space industry, international space agencies and researchers from around the world convene to discuss the state of space technology and business, I asked NASA Administrator Jim Bridenstine about what role he […]

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Legged lunar rover startup Spacebit taps Latin American partners for Moon mission

Legged lunar rover startup Spacebit taps Latin American partners for Moon mission U.K.-based lunar rover startup Spacebit, a company developing robotic exploration hardware for use on the Moon, announced two new partners that will help it develop and finalize its technology ahead of its target mission date of 2021. The Ecuadorian Civilian […]

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Small rocket launch startup Firefly teams up with Aerojet Rocketdyne

Small rocket launch startup Firefly teams up with Aerojet Rocketdyne In a perfect example of a small, new space startup teaming up with a legacy industry heavyweight with plenty of experience, Firefly is teaming up with Aerojet Rocketdyne. Firefly Aerospace was founded in 2013, and has raised $21.6 million so far to […]

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Penske is getting into the car-sharing business, starting with Washington, DC

Penske is getting into the car-sharing business, starting with Washington, DC Transportation services giant Penske Corp. is backing a new car-sharing service called Penske Dash that launched Tuesday in Washington, D.C. and Arlington, Va. The service is debuting at an awkward time for the industry. While some car-sharing operations, particularly peer-to-peer services, […]

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Jeff Bezos announces Blue Origin will form new industry team to return to the Moon

Jeff Bezos announces Blue Origin will form new industry team to return to the Moon At the International Astronautical Congress in Washington, D.C. today, Blue Origin founder Jeff Bezos announced a new “national team” that will join forces in order to help return humans to the Moon via NASA’s Artemis program. They’ll […]

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