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“The communication satellite is very important for our communication resilience during urgent periods,” Wu said, calling it his agency’s most sensitive project. Taiwanese authorities previously announced the space agency would develop two communication satellites, the first of which could be launched by 2026. Wu Jong-shinn, director general of the Taiwan Space Agency, speaks to CNN on March 5, 2024 in Hsinchu, Taiwan. In the future, Taiwan’s satellite system could replace third-party deals, but Wu, the space agency director, declined to provide more specific details about the project’s timeline. A rocket model in development at the Taiwan Space Agency on March 5, 2024 in Hsinchu, Taiwan.
Persons: Taiwan CNN —, Wu Jong, shinn, Elon, Wu, ” Wu, ” Starlink, Heidi Levine, John Mees, CNN Brad Tucker, you’re, , Su, yun, OneWeb, Sam Yeh, Lai Ching, Tsai Ing, Taiwan’s, , CNN’s Will Ripley Organizations: Taiwan CNN, Taiwan Space Agency, CNN, Musk’s SpaceX, SpaceX, Ukrainian, The Washington Post, Communist Party, Institute for National Defense and Security Research, Australian National University, Taiwan’s Institute for National Defense and Security Research, Getty, Taiwan Semiconductor Manufacturing Company, Apple, Nvidia, Triton Locations: Hsinchu, Taiwan, China, Gaza, Beijing, London, Xiamen, Taiwan's, AFP, Guiana, South America
For half a century, the Sernesi family lived in a storied villa overlooking Florence, in which the Renaissance artist Michelangelo was raised and later owned. The property came with several buildings, an orchard and a drawing of a muscular male nude etched on the wall of a former kitchen. Tradition has it that the work was drawn by a young Michelangelo, though scholars are not as sure. Last year, the Sernesi family sold the villa. Now they want to sell the mural drawing, which was detached from its original location in 1979 so that it could undergo a much-needed restoration.
Persons: Michelangelo, Carmen C Organizations: Metropolitan Locations: Florence, Japan, Canada, China, United States
CNN —Astronomers have discovered three previously unknown moons around Uranus and Neptune, the most distant planets in our solar system. In the future, the tiny satellite will be named after a Shakespearean character, in keeping with the tradition of Uranus’ moons bearing literary names. He worked with Marina Brozovic and Bob Jacobson of NASA’s Jet Propulsion Laboratory in Pasadena, California, to determine the moon’s orbit. The outer moons orbiting all the giant planets across our solar system — Jupiter, Saturn, Uranus and Neptune — share similar configurations. “Even Uranus, which is tipped on its side, has a similar moon population to the other giant planets orbiting our Sun,” Sheppard said.
Persons: , Scott S, Sheppard, Marina Brozovic, Bob Jacobson, Scott Sheppard, David Tholen, Chad Trujillo, Patryk Sofia Lykawka, ” Sheppard, Neptune Organizations: CNN —, Carnegie Institution for Science, Planet, NASA’s Jet Propulsion Laboratory, Carnegie Science, Subaru, University of Hawaii, Northern Arizona University, Kindai University Locations: Chile, Pasadena , California, Kea, Japan, Neptune
CNN —Astronomers have uncovered additional evidence that one of Saturn’s smallest moons, Mimas, is hiding a global ocean beneath its icy surface. Discovered in 1789 by English astronomer William Herschel as a tiny dot near Saturn, Mimas was first imaged from space by the Voyager probes in 1980. Craters cover the surface of Mimas, but the largest one is 80 miles (about 130 kilometers) across and causes the moon to resemble the Death Star from the “Star Wars” films. But Saturn’s Enceladus appears younger because active geysers have contributed to resurfacing, or depositing of new, fresh material on that moon’s surface. “Mimas certainly demonstrates that moons with old surfaces can be hiding young oceans, which is pretty exciting,” Rhoden said.
Persons: Mimas, Cassini, William Herschel, Observatoire, Dr, Valéry Lainey, Lainey, , Nick Cooper, Saturn, ” Lainey, , Triton, Frédéric, ” Cooper, “ Lainey, Matija Ćuk, Alyssa Rose Rhoden, Rhoden Organizations: CNN —, Saturn, Voyager, , Physical, Chemical Sciences, Queen Mary University of London, NASA, Clipper, SETI Institute, Southwest Research Locations: Paris, California, Colorado
Treasury yields have retreated, and that's good news for one kind of income asset – preferred securities, according to UBS. US10Y YTD line U.S. 10-year Treasury yield in 2023 This month has offered some relief as the 10-year Treasury yield slipped back below 4.5%. "Indeed, a dramatic rate pullback in the early days of November has already sparked a sharp rebound in preferreds," Sileo said. "Callable in July 2028, this fixed-for-life perpetual pays a high 7.375% fixed coupon and offers an attractive [yield to call/current yield]." Investors can receive an attractive yield on a high-quality crossover credit, recently upgraded by S & P following the acquisition by Brookfield [Infrastructure]."
Persons: preferreds, Frank Sileo, US10Y, Sileo, Callable, Michael Bloom Organizations: UBS, Americas, Treasury, Moody's Investors Service, Allstate, Triton International, Triton, Brookfield Locations: preferreds, Infrastructure
The Stealthy Sailboat-Submarine Drone the U.S. Navy Is Using Near IranAs the U.S. races to counter adversaries like Iran and China with drones, Ocean Aero is ramping up production of the Triton, an autonomous sailboat-turned-submarine that can carry weapons and other payloads. WSJ’s Shelby Holliday got a closer look. Photo illustration: Jamie Leventhal
Persons: Shelby Holliday, Jamie Leventhal Organizations: U.S . Navy, Triton Locations: Iran, U.S, China
Norway's Statkraft may return to British offshore wind
  + stars: | 2023-11-10 | by ( Nora Buli | ) www.reuters.com   time to read: +2 min
REUTERS/Phil Noble/File Photo Acquire Licensing RightsCompanies Statkraft AS FollowOSLO, Nov 10 (Reuters) - Norway's state-owned Statkraft could return to the British offshore wind market, but its key focus remains Ireland, Norway and Sweden, its CEO told Reuters on Friday. He expected future rounds were being re-calibrated after Britain's most recent renewable energy auction failed to attract new offshore wind projects as subsidies were deemed too low and not reflecting rising costs in the industry. Statkraft is also already one of Britain's biggest onshore renewables developers, has a large office in London and knows the market well from previous offshore wind projects, he said. Still, the company's main focus for offshore wind is Ireland, where it is developing 2.2 gigawatts (GW) together with partner Copenhagen Infrastructure Partners. It also plans to participate in Norway's first offshore wind auctions and in October bought Swedish Njordr Offshore Wind, which has an early-stage development pipeline of 21 GW.
Persons: Phil Noble, Toennesen, Statkraft, Nora Buli, Alexander Smith Organizations: Burbo, REUTERS, OSLO, Reuters, Dogger Bank, Triton, Copenhagen Infrastructure Partners, Thomson Locations: Mersey, Liverpool, Britain, Ireland, Norway, Sweden, London, Dudgeon, Sheringham, England
The logo of energy technology company Siemens Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. To make sure it can get the guarantees to fulfil its order backlog, Siemens Energy has turned to the government. Siemens owns a 25.1% stake in Siemens Energy and has not ruled out helping. Siemens still provides around 7 billion euros of performance guarantees to projects Siemens Energy is working on, significantly down from the 40 billion euros at the time of the spin-off around three years ago. Apart from seeking guarantees from the government, banks and Siemens, Siemens Energy said it is "evaluating various measures to strengthen the balance sheet", without elaborating further.
Persons: Chris Helgren, Banks, Roland Busch, hade, Andreas Rinke, Christoph Steitz, Victoria Farr, Andres Gonzalez, Pablo Mayo, Alexander Huebner, Tom Kaeckenhoff, Josephine Mason, Susan Fenton Organizations: Siemens Energy, REUTERS, Siemens, International Chamber of Commerce, German Economy Ministry, SIEMENS, Triton, Pablo Mayo Cerqueiro, Thomson Locations: Vancouver , British Columbia, Canada, downpayments, Berlin, Frankfurt, London, Munich
Office vacancies in London and the US have hit a 20-year high, data shows. Many want workers in the office more regularly after the disruption caused by the pandemic. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Data shows that office vacancies soared to a 20-year high in the US and London in the third quarter of the year. It suggests a clear drop in interest in office space at a tricky time for the commercial property sector.
Persons: , Goldman Sachs, David Solomon Organizations: Service, Financial Times, Meta Locations: London, New York, San Francisco
German defense contractor postpones IPO on eve of debut
  + stars: | 2023-10-05 | by ( Jenni Reid | ) www.cnbc.com   time to read: +2 min
German defense contractor Renk on late Wednesday announced it would indefinitely postpone its initial public offering on the Frankfurt Stock Exchange scheduled for the following morning. "In the past days, the market environment has clouded noticeably," the company said in a statement, providing no further details. Shares were set to be offered in a price range between 15 euros ($15.77) and 18 euros, with a total placement volume between 405 million and 486 million euros. It reported an increase in audited gross profit from 124.5 million euros to 164.8 million euros in the fiscal year ending on Dec. 31 2022. European bourses had a mixed first half of the year, with funds raised through listings on the Paris Stock Exchange plunging 92%, while the London Stock Exchange held steady.
Persons: Renk, Susanne Wiegand, bourses, Susannah Streeter, Hargreaves Lansdown Organizations: Frankfurt Stock Exchange, CNBC, Triton, Reuters, Paris Stock Exchange, London Stock Exchange, Schott Pharma, Hargreaves Locations: Augsburg, Germany, Ukraine, Frankfurt
Now, the world's .01% are seeking submersible vessels to accessorize their latest superyacht purchase, The Washington Post reports. "Yacht owners are, by and large, people who have an interest in the ocean," Patrick Lahey, founder of Triton Submersibles, previously told Insider. The disaster may have sparked more interest in extreme adventures from the wealthy, Phillippe Brown, founder of Brown and Hudson travel company, previously told Insider. Valery Hache/AFP via Getty ImagesAt Triton Submersibles, a vessel can cost between $2.5 million and $7 million, Insider reported. AdvertisementAdvertisement"Even after a thousand dives, it never stops being exciting," Charles Kohnen, co-founder of SEAmagine, told the Times.
Persons: , Ofer Ketter, Jeff Bezos, Patrick Lahey, Triton Submersibles, Phillippe Brown, Brown, Valery Hache, Ian Sheard, Charles Kohnen, SEAmagine Organizations: Service, Washington Post, New York Times, Amazon, International Monaco, Getty, Times Locations: Hudson, AFP, Aurora
Meta had 18 years remaining on the lease for an eight-storey office in London, the FT reports. AdvertisementAdvertisementMeta has paid $181 million to end its lease on an office in London that it never moved into, the Financial Times reported. And last December, Meta moved out of two of its New York offices. AdvertisementAdvertisementAfter office workers generally worked from home during COVID-19, many bigger companies have now mandated returns to office. AdvertisementAdvertisement"Working from home during the various Covid lockdowns tore up the rulebook for office workers, allowing a level of freedom as to where (and when ?)
Persons: Meta, , Matthew Saperia, Peel Hunt, Mark Zuckerberg's, Adam Mosseri, Paul Jayson, DLA Piper, lockdowns Organizations: Big Tech, Service, Financial Times, Peel, Triton, Meta, Estate Locations: London, New York, King's, COVID
A U.S. Navy P-8 Poseidon aircraft takes off from Perth International Airport, April 16, 2014. REUTERS/Greg Wood/Pool/File Photo Acquire Licensing RightsSYDNEY, Sept 19 (Reuters) - Australia will spend A$1.5 billion ($966 million) to boost maritime surveillance of its northern approaches, buying more long range drone aircraft and upgrading Poseidon maritime patrol aircraft. The fleet of 14 Boeing (BA.N) P-8A Poseidon Maritime Patrol aircraft will have anti-submarine warfare, maritime strike and intelligence collection capabilities upgraded, Minister for Defence Industry Pat Conroy said in a statement on Tuesday. The Triton will provide long-range surveillance of Australia's maritime region, the statement said. Conroy said the Poseidon aircraft upgrades will strengthen the protection of Australian "maritime interests".
Persons: Greg Wood, Defence Industry Pat Conroy, , Conroy, Kirsty Needham, Lincoln Organizations: U.S . Navy, Perth International Airport, REUTERS, Rights, Boeing, Poseidon Maritime Patrol, Defence Industry, Northrop Grumman, Triton, United States Navy, Defence, U.S, Australian Poseidon, United Nations Security, Thomson Locations: Australia, Australia's Northern Territory, Asia, South Australia, United States, Pacific, China, Australian, South China, North Korea
One, the T-38 Devil Ray, which can reach speeds of up to 90 miles per hour — faster than just about any other vessel in the Navy — was awaiting its next assignment. Alongside it was the Ocean Aero Triton, whose solar-power system allows it to operate for three months at a time without any need to refuel. He said he found enormous enthusiasm for the idea among frontline commanders in the Pacific and the Middle East. “We are trying to improve Navy power, but we need to do more than that: We need to reimagine Navy power,” he said in an interview this summer, just after retiring from the Navy. It is vital that we throw off old conventions.”
Persons: Ray, Navy —, Devil Ray, Admiral Selby, Organizations: Navy, Triton, Naval Research Locations: Asia, Persian, Bahrain, San Diego, Pacific
[1/4] Taiwan's President Tsai Ing-wen makes a speech at the shipment ceremony of Triton, Taiwan's first locally built weather satellite in Hsinchu, Taiwan July 14, 2023. REUTERS/Ann WangHSINCHU, Taiwan, July 14 (Reuters) - Taiwan's first domestically developed weather satellite shows its determination to develop its space industry, President Tsai Ing-wen said on Friday, lauding the programme as a step to take the island to the stars. "The Wind-Hunter Satellite is born-and-bred made in Taiwan," she said at Taiwan Space Agency in the northern city of Hsinchu, home to Taiwan's world-beating semiconductor industry, referring to it by its Chinese-language name. "The Wind-Hunter Satellite proves that with the advantages of Taiwan's semiconductor and precision manufacturing, it is absolutely capable of entering the global space industry," Tsai said, adding that the satellite showed Taiwan's determination to develop a space industry and participate in the space age. Triton will be launched into a circular low-earth orbit at an altitude of about 550-650 km (340-400 miles), according to the Taiwan Space Agency.
Persons: Tsai Ing, Triton, Ann Wang, Tsai, Vega, Elon, Safran, Ben Blanchard, Robert Birsel Organizations: REUTERS, Taiwan Space Agency, Hunter, SpaceX, Airbus, Thomson Locations: Hsinchu, Taiwan, Ann, Ann Wang HSINCHU, China, Guiana
Wiegand called on the government to use the 100 billion euro fund not only to plug short-term gaps in the German military's inventories but also to help develop technologies of the future. Renk, formerly a subsidiary of Volkswagen (VOWG_p.DE), is global leader in the production of gear boxes for tanks including the Leopard 2. The company, situated in the Bavarian town of Augsburg, makes about 70% of its sales from gear boxes for tanks and navy ships, the rest with gear boxes for civilian purposes such as compressors. Renk has booked orders totalling of 3.9 billion euros ($4.3 billion), including framework contracts, according to the CEO. Bankers estimate Renk's value to be around 2.5 billion euros in case of an IPO.
Persons: Berlin, Susanne Wiegand, embargoed, Wiegand, Triton, Renk, Alexander Hübner, Sabine Siebold, Rachel More, David Holmes Organizations: Renk, Volkswagen, VW, Bankers, Thomson Locations: MUNICH, U.S, Munich, Berlin, Germany, Bavarian, Augsburg
[1/2] The Titan submersible, operated by OceanGate Expeditions to explore the wreckage of the sunken SS Titanic off the coast of Newfoundland, dives in an undated photograph. Moreover, they say the tragedy of the Titan submersible that imploded during its expedition to the wreckage of the Titanic was an outlier, given that the maker of the vessel opted against certifying the vessel, defying industry convention. Industry experts say they were the first known fatalities in more than 60 years of civilian deep-sea submergence. While acknowledging the loss of life aboard the Titan, Ketter said "the facts are the facts" when it came to the experimental path OceanGate chose to take. "It's not that the regulations would be irrelevant, but they probably wouldn't be the biggest forcing function on the industry," Manley said.
Persons: James Cameron, Oscar, Cameron, OceanGate, Will Kohnen, Kohnen, Rush, John Mauger, Ofer Ketter, Ketter, Justin Manley, Manley, Brad Brooks, Daniel Trotta, Stephen Coates Organizations: OceanGate Expeditions, REUTERS, Titan, OceanGate Inc, Everett, Triton, Vehicle, American Bureau of Shipping, Marine Technology, Stockton Rush, . Coast Guard, Marine Technology Society, Thomson Locations: Newfoundland, Everett , Washington, Costa Rica
[1/2] The Titan submersible, operated by OceanGate Expeditions to explore the wreckage of the sunken SS Titanic off the coast of Newfoundland, dives in an undated photograph. Industry experts say they were the first known fatalities in more than 60 years of civilian deep-sea submergence. But even as industry leaders braced for increased scrutiny, they said it was difficult to forecast what sort of changes may come. While acknowledging the loss of life aboard the Titan, Ketter said "the facts are the facts" when it came to the experimental path OceanGate chose to take. "It's not that the regulations would be irrelevant, but they probably wouldn't be the biggest forcing function on the industry," Manley said.
Persons: James Cameron, Oscar, Cameron, OceanGate, Will Kohnen, Kohnen, Rush, John Mauger, Ofer Ketter, Ketter, Justin Manley, Manley, Brad Brooks, Daniel Trotta, Stephen Coates Organizations: OceanGate Expeditions, REUTERS, Titan, OceanGate Inc, Everett, Triton, Vehicle, American Bureau of Shipping, Marine Technology, Stockton Rush, . Coast Guard, Marine Technology Society, Thomson Locations: Newfoundland, Everett , Washington, Costa Rica
June 22 (Reuters) - Movie director and submersible maker James Cameron said on Thursday he wishes he had sounded the alarm earlier about the submersible Titan that imploded on an expedition to the Titanic wreckage, saying he had found the hull design risky. He is part of the small and close-knit submersible community, or Manned Underwater Vehicle (MUV) industry. I wish I'd spoken up, but I assumed somebody was smarter than me, you know, because I never experimented with that technology, but it just sounded bad on its face," Cameron told Reuters in a Zoom interview. The sub imploded," Cameron said. The five who died mark the first deep-sea fatalities for the industry, Cameron said.
Persons: James Cameron, Cameron, Oscar, OceanGate, We've, Rollo Ross, Daniel Trotta, Leslie Adler Organizations: Triton Submarines, Vehicle, Reuters, American Bureau of Shipping, U.S . Coast Guard, Navy, Wall Street, Thomson Locations: U.S
The ocean is significantly deeper than the highest point on Earth's surface. If you took the highest point on land and submerged it, you would still have more than a mile between you and the deepest point in the ocean. The Challenger Deep is the deepest point on Earth. In 1960, oceanographer Jacques Piccard and Lt. Don Walsh descended to the lowest point on Earth, Challenger Deep, at a record 25,979 feet below the surface. Scientists have sent half a dozen unmanned submersibles to explore Challenger Deep including Kaiko, which collected over 350 species on the seafloor between 1995 and 2003.
Persons: Cuvier, Robert Smits, Herbert Nitsch, Nitsch, We've, Ralph White, Mariana Trench, Trench, Jacques Piccard, Don Walsh, Victor Vescovo, Vescovo Organizations: Service, USS Triton Locations: California, Austrian, Mariana, Everest
But Titan, the lost submersible from the company OceanGate, is a technological maverick based on novel concepts that differ from standard designs. “I’ve had three people ask me about making a dive on it,” he said in reference to the lost submersible. Private vessels — those used on superyachts, exploratory craft, tourists jaunts — are not formally regulated by any governmental or intergovernmental agency. Nor do they meet the rigorous standards that are applied to deep-sea craft used by the United States Navy and other government agencies. “We are proud that every submersible delivered remains in active service and certified to its original design depth,” it says on the company’s website.
Persons: , Bruce H, Robison, Alfred S, McLaren, Navy submariner, “ I’ve, , OceanGate, submersibles, jaunts, Jennifer, Dr Organizations: Aquarium Research, Explorers Club of New, United States Navy, Lloyd’s, American Bureau of Shipping, ” Triton, Triton Locations: Monterey, California, Navy, Explorers Club of New York City, British, Everett, Wash, Houston, American
In December, Triton Submersibles announced that Bridgewater's Ray Dalio and Hollywood filmmaker James Cameron had each taken an equity stake in the company. James Cameron (left) and Ray Dalio (right). Its not the first time the two men have worked together. In 2021, National Geographic announced a docuseries called "OceanXplorers" executive produced by Cameron and Dalio. Source: Triton Submersibles, National Geographic
Persons: Triton Submersibles, Ray Dalio, James Cameron, Getty, Cameron, Dalio Organizations: National Geographic
The Titanic sank on April 15, 1912, after it hit an iceberg during its maiden voyage from England to New York. Since then, dozens of manned and unmanned submersibles have visited and photographed the Titanic's disintegrating body on the sea floor — and some have gone missing en route. The ship had been on its maiden voyage to New York City, but hit an iceberg about 400 miles from Newfoundland. Since then, dozens of manned and unmanned submersibles have visited the Titanic's underwater remains. In fact, scientists think the entire shipwreck could vanish by 2030 due to bacteria that's eating away at the metal.
Persons: Organizations: Service, US Navy, Triton Submarines Locations: England, New York, New York City, Newfoundland .
PodCo produces podcasts themed around Nickelodeon and Disney Channel shows from the past two decades. Since their debut, several PodCo shows have ranked among the top 10 television and film podcasts on platforms like Spotify and Apple Podcasts, according to Chartable. Along with the hosts, other big-name alums have made appearances on PodCo shows, which are also recorded on video and viewable on YouTube. So when he heard Carlson Romano and Rooney's idea, he leapt at the chance to bring the show back in a new form. Some have written to him personally to say the "Ned's" podcast is leaving them feeling less isolated in their own lives, he added.
Persons: Stevens, Christy Carlson Romano, Brendan Rooney, Kim, Ned Bigby, Harper Finkle, PodCo, Rooney, Krystal Eve, Carlson Romano, Ren Stevens, Jenna Fischer, Angela Kinsey, Selena Gomez, Jennifer Stone, David DeLuise, Stone, Lee Citron, Stone —, California —, , it's, wouldn't, Alyson Stoner, Zack, Cody, Devon Werkheiser, Werkheiser, Scott Simock, PodCo's, Reed Alexander Organizations: Nickelodeon, Disney Channel, Wizards, Marine Corps, Columbia University, American Film Institute, Apple, PodCo, Edison Research, Triton, Intelligence, Disney, Paramount, Netflix, YouTube, Social, Spotify Locations: Waverly, Hollywood, NBC's, California, TikTok, Texas
Henriette Borgund knows attackers can find weaknesses in the defences of a big renewables power company - she's found them herself. She joined Norway's Hydro (NHY.OL) as an "ethical hacker" last April, bringing years of experience in military cyberdefence to bear at a time of war in Europe and chaos in energy markets. They're nervously monitoring a hybrid war where physical energy infrastructure has already been targeted, from the Nord Stream gas pipelines to the Kakhovka dam. It said Russia had tried to destroy digital networks and cause power cuts, and that missile attacks on facilities were often accompanied by cyberattacks. "Companies in the energy space, their core business is producing energy, not cybersecurity," said Jalal Bouhdada, CEO of cybersecurity firm Applied Risk, a division of DNV.
Persons: Nora Buli, Henriette Borgund, she's, shoring, Michael Ebner, cyberattacks, didn't, Swantje Westpfahl, James Forrest, Cem Gocgoren, Stephan Gerling, Mathias Boeswetter, Leonhard Birnbaum, Jalal Bouhdada, Nina Chestney, Christoph Steitz, America Hernandez, Paris Pavel Polityuk, Guy Faulconbridge, Pravin Organizations: REUTERS, Norway's Hydro, Reuters, Hydro's Oslo, Hydro, Ukraine, cyberattacks, Germany's Institute for Security, TRITON, Triton, Svenska, ICS CERT, University of Tulsa, E.ON, " Companies, Pravin Char, Thomson Locations: Norwegian, Fosen, Norway, Ukraine, OSLO, LONDON, FRANKFURT, Europe, Nord, Russia, Ukrainian, Moscow, United States, Russian, Capgemini, Saudi, Swedish, DNV, Oslo, London, Frankfurt, Paris, Kiev
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