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It’s been almost four years since India’s last attempt to land on the moon, Chandrayaan-2, ended in a crash. On Wednesday, India is hoping that the uncrewed Chandrayaan-3 mission will reach the lunar surface in one piece. The Indian people and government feel great pride for their nation’s surging space program. The Chandrayaan-3 landing module is expected to reach the moon’s surface on Wednesday at 8:34 a.m. Eastern time (it will be 6:04 p.m. in India). The nation’s space program, the Indian Space Research Organization, will provide a livestream from the mission control room in Bengaluru.
Persons: It’s, India’s Organizations: Indian Space Research Organization, YouTube Locations: India, Russia, Bengaluru
Aug 21 (Reuters) - Axiom Space has raised $350 million in a funding round led by Saudi Arabia's Aljazira Capital and Korean healthcare firm Boryung as the startup works with NASA to develop a private space station. Axiom said the round took its total raise so far to $505 million and made it the space startup to receive the second-most funding in 2023, only behind Elon Musk's SpaceX. Axiom, which also has a $1.26 billion contract with the U.S. space agency NASA to develop spacesuits for use on the moon and other space programs, expects the first module of its private space station to launch by 2026. The company has also trained astronauts taken by SpaceX rockets to the International Space Station (ISS) as the once government-dominated space industry in the United States becomes increasingly privatized. Reporting by Arsheeya Bajwa in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
Persons: Axiom, Arsheeya, Shailesh Organizations: Saudi Arabia's Aljazira, NASA, Elon, SpaceX, International Space, Thomson Locations: United States, Bengaluru
The mission - Chandrayaan means "moon vehicle" in Hindi and Sanskrit - is India's second attempt to land on the south pole of the moon. Rough terrain makes a south pole landing difficult, but making a first landing would be historic. India's moon mission blasted off on July 14, and the lander module of Chandrayaan-3 separated from the propulsion module last week. For India, a successful moon landing would mark its emergence as a space power as Prime Minister Narendra Modi's government looks to spur investment in private space launches and related satellite-based businesses. A successful mission would make India only the fourth country to successfully land on the moon, after the former USSR, the United States and China.
Persons: Russia's Luna, ISRO's, Narendra Modi's, Manish Purohit, Sivan, Pawan Chandana, Nivedita, Gerry Doyle, Mark Potter Organizations: ISRO, Handout, REUTERS, Rights, Indian Space Research, Twitter, Thomson Locations: Russian, Russia, India, Hollywood, USSR, United States, China, Bengaluru
Chief Engineer Jim Stein wears the new spacesuit during the Axiom Space Artemis III Lunar Spacesuit event at Space Center Houston in Houston, Texas, on March 15, 2023. Space company Axiom raised $350 million in a round that was led by Saudi-owned Aljazira Capital and Korean health-care investment firm Boryung, the company announced Monday. Houston-based Axiom trains and flies both private and government astronauts on missions to the International Space Station via launches with SpaceX. It's developing human spaceflight technologies including a commercial space station and a lunar spacesuit. It's flown two crews to the ISS, including the recently completed Ax-2 mission, and is working to launch its first space station module by 2026.
Persons: Jim Stein, Axion, It's, Naif Almesned Organizations: Space Center Houston, Saudi, Aljazira Capital, Houston, International Space, SpaceX Locations: Houston , Texas
The Indian space agency launched the rocket carrying the spacecraft on July 14, blasting off from the country's main spaceport in the southern state of Andhra Pradesh. Rough terrain is expected to complicate a landing on the lunar south pole. A previous mission by India's space agency, the Chandrayaan-2, crashed in 2019 near where the Chandrayaan-3 will attempt a touchdown. Both India and Russia have national interests in successful landings and in claiming the historic first at stake. Russia's space agency Roscosmos has said the Luna-25 mission would spend 5-7 days in lunar orbit before descending to one of three possible landing sites near the pole.
Persons: Roscosmos, Luna, Narendra Modi's, Nivedita, Philippa Fletcher Organizations: ISRO, Handout, REUTERS, Rights, LM, Indian Space Research Organisation, Luna, India's, Skyroot Aerospace, Thomson Locations: Russia, Andhra Pradesh, India, Ukraine, Bengaluru
Rosenblatt is calling out its favorite networking and semiconductor stocks as the "age of AI gold rush" kicks into high gear. That's creating an attractive setup for what Rosenblatt views as the "picks and shovels" in the networking and semiconductor industries. "Most large enterprises want to train and run large AI applications in the Cloud, but only a small portion of existing Cloud infrastructure can support it." Beyond the pure-play semiconductor names tied to AI, Rosenblatt is placing its bets on Coherent . Ambarella is another beneficiary of the growing need for to handle sophisticated AI models, down about 17% this year.
Persons: Rosenblatt, It's, Mike Genovese, Kevin Cassidy, — CNBC's Michael Bloom Organizations: AMD, Nvidia, Qualcomm, Rambus Locations: Ambarella
CNN —Poetry, prose and now songwriting: Ghent University in Belgium is launching a new literature course dedicated to the literary merit of Taylor Swift’s discography. “Highly prolific and autobiographical in her songwriting, Swift makes frequent allusions to canonical literary texts in her music,” the class syllabus explains. “Using Swift’s work as a springboard, we will explore, among other topics, literary feminism, ecocriticism, fan studies, and tropes such as the anti-hero. In 2016, the University of Texas launched an English Literature course unpacking Beyoncé’s visual album “Lemonade” and its relationship to Black feminism. “But if anyone can teach you a lesson in how to respond to trolls, it’s Taylor Swift,” she concluded.
Persons: Taylor, Elly McCausland, McCausland, Sylvia Plath, Charles Dickens, William Shakespeare —, Geoffrey Chaucer’s “, Criseyde, Charlotte Brontë’s “, Margaret Atwood, Simon Armitage, , Swift, Taylor Swift, ” McCausland, , Sylvia Plath’s, , I’ll, “ I’m, There’s, it’s Taylor Swift Organizations: CNN, Ghent University, Oxford University, University of York, University of Oslo, New York University, Arizona State University, Berklee College of Music, Rice University, University of Texas, University of Copenhagen Locations: Belgium, Charlotte Brontë’s “ Villette, , , United Kingdom, Norway, Europe, United States, Houston
CNN —Russia is preparing to launch Luna 25, the country’s first lunar lander in 47 years. Hitching a ride aboard a Soyuz-2 Fregat rocket, Luna 25 is expected to take flight at 8:10 a.m. local time Friday, or 7:10 p.m. Russia’s last lunar lander, Luna 24, landed on the moon on August 18, 1976. Initially, Roscosmos and the European Space Agency planned to partner on Luna 25, as well as Luna 26, Luna 27 and the ExoMars rover. The mission is India’s second attempt to land at the lunar south pole after Chandrayaan-2 crashed into the moon in September 2019.
Persons: India’s, Roscomos, , Artemis III, “ We’re, Bill Nelson, “ There’s, Nelson, Organizations: CNN, Vostochny, Soyuz, YouTube, Roscosmos, Luna, Reuters, NASA, European Space Agency, ESA, Soviet Locations: Russia, Amur Oblast, Russian, Ukraine, Chandrayaan, India, United States, Soviet Union, China, Mars, Soviet
GM President Mark Reuss during the reveal of the all-electric 2025 Cadillac Escalade IQ on Aug. 9, 2023 in New York City. Michael Wayland / CNBCThe Escalade IQ is the first – and most important – traditional Cadillac model to be released as an EV. 'It's American luxury'The Escalade IQ features a much smoother, more aerodynamic exterior than the current Escalade, with overall styling more similar to Cadillac's current EVs than its gas- and diesel-powered siblings. Powerful, fast chargingThe Escalade IQ will feature up to 750 horsepower and 785 pound-feet of torque with a performance "Velocity Max" mode. The Escalade IQ features a host of standard safety and convenience features, including GM's Super Cruise hands-free highway driving system and an available 40-speaker KG audio system.
Persons: Cadillac Escalade, Mark Reuss, Michael Wayland, It's, Reuss, haven't, Michael Simcoe, Tyson Jominy, Escalade, Mandi Damman Organizations: Cadillac, Motors, Detroit, GM, EV, CNBC, GMC Hummer, Chevrolet Silverado, Cruise, Arlington Assembly, Chevrolet, GMC Locations: New York City, Detroit, Texas
Jonathan Newton/Pool via REUTERS/File PhotoWASHINGTON, Aug 8 (Reuters) - Two U.S. lawmakers on Tuesday asked the Federal Communications Commission (FCC) to address questions about potential security concerns involving cellular modules made by Chinese companies including Quectel (603236.SS) and Fibocom Wireless (300638.SZ). Cellular modules are components that enable internet of things (IoT) devices to connect to the internet. The lawmakers asked if the FCC is considering using the Covered List to address Chinese-owned cellular modules. "Could requiring certification for modules used in communications equipment be an effective means" of addressing Chinese modules in U.S. networks? In 2022, the Chinese Embassy in Washington said the FCC "abused state power and maliciously attacked Chinese telecom operators again without factual basis."
Persons: Jessica Rosenworcel, Jonathan Newton, Mike Gallagher, Raja Krishnamoorthi, David Shepardson, Mark Porter, Leslie Adler Organizations: U.S . Senate Commerce, Science, Transportation, Federal Communications Commission, Tuesday, Fibocom Wireless, Republican, China, FCC, Pacific Networks Corp, HK, Huawei Technologies, ZTE Corp, Hytera Communications Corp, Hangzhou Hikvision Digital Technology, Zhejiang Dahua Technology, Embassy, Huawei, Thomson Locations: Washington , U.S, Quectel, China, Hangzhou, Zhejiang, Washington
CNN —India moved one step closer to executing a controlled landing on the moon after its Chandrayaan-3 spacecraft entered lunar orbit over the weekend, inching toward the surface’s unexplored South Pole. Developed by the Indian Space Research Organization (ISRO), Chandrayaan-3 is comprised of a lander, propulsion module and rover. Its first lunar probe, the Chandrayaan-1, orbited the moon and was then deliberately crash-landed onto the lunar surface in 2008. Eleven years later, the Chandrayaan-2 successfully entered lunar orbit but its rover crash-landed on the moon’s surface. “Chandrayaan-3 scripts a new chapter in India’s space odyssey,” Modi tweeted shortly after it took off last month.
Persons: , Satish, Space, It’s, Modi, ” Modi Organizations: CNN, Indian Space Research Organization, Soviet, ISRO, Soviet Union Locations: India, United States, Soviet Union, China, Sriharikota, Andhra Pradesh
Researchers at the federal Lawrence Livermore National Laboratory in California repeated the breakthrough in an experiment on July 30 that produced a higher energy output than in December, the newspaper said, citing people with knowledge of the results. The same lab achieved a net energy gain in a fusion experiment using lasers on Dec. 5, 2022. The scientists focused a laser on a target of fuel to fuse two light atoms into a denser one, releasing the energy. The laboratory confirmed to the FT that energy gain had been achieved again at its laser facility, adding that analysis of the results was underway. The Lawrence Livermore National Lab and the U.S. Energy Department did not immediately respond to Reuters' request for comment.
Persons: Damien Jemison, Lawrence, Lavanya, Leslie Adler Organizations: Target Chamber, Lawrence Livermore National Laboratory, REUTERS, Financial Times, Lawrence Livermore National Lab, U.S . Energy Department, Reuters, Thomson Locations: Lawrence Livermore National Laboratory federal, Livermore , California, U.S, Lawrence Livermore, California, Bengaluru
Tens of thousands of Ukrainians have had their homes destroyed in the war. But the company HOMErs is fixing that problem by building fully-furnished properties. Take a look inside one of the homes, which can be made in days and sells for just $18,000. The three-module, fully-furnished properties sell for $18,000 and have managed to give desperate Ukrainian families a new home in a time of need. Scroll down and take a look inside.
Organizations: Service, Kyiv School of Economics, World Bank Locations: Wall, Silicon, Russia, Ukraine, Ukrainian
REUTERS/Joe Skipper/File PhotoPARIS, Aug 2 (Reuters) - U.S. space venture company Voyager Space and Airbus (AIR.PA) said on Wednesday they will co-operate more closely in the race to build a private version of the International Space Station. Voyager Space also declined to discuss funding plans. "Lockheed will likely still have a role to play somewhere within the supply chain," Dylan Taylor, CEO of Voyager Space told reporters. Lockheed remains an important customer for Voyager and Starlab will remain U.S.-led, he added. Voyager Space and Airbus have said Starlab would deploy in 2028, but backed away from a specific timeline on Wednesday.
Persons: Joe Skipper, Voyager's Starlab, Lockheed Martin, Dylan Taylor, Jeff Bezos, we're, Taylor, Tim Hepher, Joey Roulette, Jane Merriman Organizations: NASA, Vehicle, Kennedy Space Center, REUTERS, Space, Airbus, International Space, Lockheed, Voyager Space, Thomson Locations: Cape Canaveral , Florida, U.S, Columbus, Europe
Several analysts remain bullish, hiking their price targets in the weeks leading up to Apple's earnings report — despite the stock's 50% runup so far this year. His $220 price target suggests the stock can rally more than 12% from Tuesday's close. Bank of America remains neutral on the stock, but boosted its price target to $210 on July 19. His price target of $149 suggests nearly 24% downside. Her price target of $190 suggests roughly 3% downside from Tuesday's close.
Persons: Samik Chatterjee, Chatterjee, Morgan Stanley, Erik Woodring, Goldman Sachs, Michael Ng, Apple, Wamsi Mohan, Mohan, Tim Long, Grace Chen, Chen, Piper Sandler, TD Cowen, Baird, — CNBC's Michael Bloom, Kif Leswing Organizations: Apple, JPMorgan, Services, Bank of America, Barclays Locations: Apple's, Tuesday's, Asia
Several analysts remain bullish, hiking their price targets in the weeks leading up to Apple's earnings report — despite the stock's 50% runup so far this year. His $220 price target suggests the stock can rally more than 12% from Tuesday's close. Bank of America remains neutral on the stock, but boosted its price target to $210 on July 19. His price target of $149 suggests nearly 24% downside. Her price target of $190 suggests roughly 3% downside from Tuesday's close.
Persons: Samik Chatterjee, Chatterjee, Morgan Stanley, Erik Woodring, Goldman Sachs, Michael Ng, Apple, Wamsi Mohan, Mohan, Tim Long, Grace Chen, Chen, Piper Sandler, TD Cowen, Baird, — CNBC's Michael Bloom, Kif Leswing Organizations: Apple, JPMorgan, Services, Bank of America, Barclays, UBS Locations: Apple's, Tuesday's, Asia
New York CNN —General Motors said Tuesday is recalling almost 900 vehicles worldwide because the Takata-made air bag inflator may explode, potentially striking drivers and passengers with sharp metal fragments. Millions of vehicles with air bags from Takata, the now-bankrupt Japanese manufacturer, are already under recall. NHTSA said that prolonged exposure to high heat and humidity cause those air bags to explode when deployed. Takata air bags caused at least 26 deaths in the United States and left more than 400 occupants with injuries that included blinding and maiming. In 2020, the American carmaker spent $1.2 billion replacing Takata air bags in 7 million vehicles.
Persons: Motors, It’s Organizations: New, New York CNN —, Chevrolet, Buick, Chevrolet TRAX, National, Traffic Safety Administration, Dealers, NHTSA, GM Locations: New York, United States, Canada, Brazil
The chip shortage has ailed the auto industry since early in COVID, but a bigger issue is surfacing. Automakers are starting to see the impacts of the electric vehicle battery crunch. It's official: The battery crunch is the new chip shortage. The chip shortage is still impacting vehicle supply, experts say, but automakers are now having to reckon with the battery supply chains as an even bigger headwind. Challenges surrounding electric vehicle production and the battery supply chain are finally materializing for legacy automakers and impacting their bottom lines.
Persons: Jim Farley, Elon Musk, Tesla, Mary Barra, Barra, Oliver Blume Organizations: Ford, Morning, GM, Porsche, Tesla, Battery Locations: COVID, Canadian, EVs
Now, companies like Form Energy, AtmosZero and a Silicon Valley-based startup called Antora Energy are tackling the challenge with more affordable battery technology. "Because of that we're able to store energy at much lower costs." Christina Karapataki of Breakthrough Energy Ventures, which was founded by Bill Gates, says this business could be particularly lucrative. There are now about a dozen thermal energy storage companies using sand, rock, brick or other types of ceramic to store energy as heat. Along with funding from Breakthrough energy, Antora is also backed by Chris Sacca's Lowercarbon Capital, Shell Ventures, BHP Ventures, Grok Ventures and Trust Ventures.
Persons: We've, Justin Briggs, We're, Briggs, Christina Karapataki, Bill Gates, Karapataki, Antora, Chris Sacca's Organizations: Energy, Breakthrough Energy Ventures, Shell Ventures, BHP Ventures, Grok Ventures, Trust Ventures Locations: Fresno , California
Shares of GM were down roughly 4% in morning trading Tuesday despite quarterly results that topped year-ago performance. Analysts during the call questioned the company's pricing strategies, EV profitability guidance and ability to hit previously announced targets for the vehicles. GM produced 50,000 EVs through the first half of this year for North America, in line with internal targets but far slower than many expected. A majority of that production was its outgoing Chevrolet Bolt models, rather than new EVs that utilize the automaker's "Ultium" batteries and technologies. She said GM was "surprised" how little progress the supplier had made.
Persons: Mary Barra, Tesla, Barra, We've Organizations: DETROIT, General, Wall, GM, North, Chevrolet Locations: North America
CNN —The head of Russia’s space agency has extended an offer to Moscow’s partners in the BRICS group – Brazil, India, China and South Africa – to participate in the construction of a joint module for its planned orbital space station, state media reported Monday. Construction of the planned space station follows Moscow’s decision last year to end its decades-long partnership with NASA and withdraw from the aging International Space Station – one of the last remaining channels of cooperation between Russia and the United States. The offer to broaden cooperation on the project to include BRICs partner nations was made by Yuri Borisov, the director-general of Russia’s space agency Roscosmos, during a meeting Monday in Hermanus, South Africa. Yuri Borisov, director-general of Russian space agency Roscosmos, on September 7, 2020. The International Space Station, which has been continuously occupied for more than 22 years, was originally a collaboration between the US, Russia, Japan, Canada and the European Space Agency.
Persons: Vladimir Kozhevnikov, Yuri Borisov, , Borisov, Omar Sanadiki, Mir Organizations: CNN, South Africa –, NASA, Russian Orbital, BRICS, Space, European Space Agency Locations: Brazil, India, China, South Africa, Russia, United States, Hermanus, Soviet Union, Japan, Canada
[1/2] A view shows a model of a new Russian orbital space station at the international military-technical forum Army-2022 at Patriot Congress and Exhibition Centre in the Moscow region, Russia August 15, 2022. REUTERS/Maxim Shemetov/File PhotoJuly 24 (Reuters) - The head of Russia's space agency on Monday suggested Moscow's partners in the BRICS group - Brazil, India, China and South Africa - could build a module for its planned orbital station, the Interfax news agency reported. Reporting from a BRICS meeting on space cooperation in Hermanus, South Africa, Interfax said it was "assumed" that the first module of the Russian Orbital Station (ROS) would be launched in 2027, with construction completed by 2032. By then, the International Space Station - one of the last forums of cooperation between Washington and Moscow as Russia's invasion of Ukraine sent relations to a post-Cold War low - is likely to have been decommissioned. Roskosmos said last August that its new space station would consist of six modules and a service platform, to accommodate up to four cosmonauts, and be built in two phases.
Persons: Maxim, Yuri Borisov, Roskosmos, Borisov, Kevin Liffey, Andrew Heavens Organizations: Patriot Congress, Exhibition, REUTERS, Russian, Thomson Locations: Moscow, Russia, Brazil, India, China, South Africa, Hermanus, Washington, Ukraine
BEIJING, July 18 (Reuters) - China's next-generation crewed spacecraft, which can transport up to seven astronauts, may fly for the first time between 2027 and 2028, a veteran Chinese astronaut said. Recent tests on the return capsule of the next-generation spacecraft have been "very successful", with their first flights estimated to take place between 2027 and 2028, said Yang, currently deputy chief designer of China's manned spaceflight project. The next-generation spacecraft was first tested in 2020. China's current Shenzhou spacecraft, based on Russia's Soyuz, can transport up to three astronauts to low-Earth orbit. The return module's high heat resistance also allows much of it to be re-used.
Persons: China's, Yang Liwei, Yang, Zhang Bainan, Ryan Woo, Sharon Singleton Organizations: Thomson Locations: BEIJING, Guangzhou
India’s first attempt at putting a robotic spacecraft on the surface of the moon three years ago ended in a crash and a crater. The mission, called Chandrayaan-3, comes amid a renewed interest in exploring the moon, but in the past decade, only China has succeeded in landing a spacecraft there in one piece. Chandrayaan-3 is the first of as many as six missions that could successfully land on the moon in the months ahead. The Indian Space Research Organization — India’s equivalent of NASA — will begin broadcasting coverage of the flight on its YouTube channel at 4:30 a.m.What is Chandrayaan-3? After the rocket carrying Chandrayaan-3 lifts off, a propulsion module will push the spacecraft out of Earth’s orbit and then allow the mission to enter orbit around the moon.
Persons: India’s, NASA — Organizations: Indian Space Research, NASA, YouTube Locations: China
The planned investment was one billion euros more than earmarked in its previous investment plan for 2021-2024, the statement added. Bosch expects one in five new trucks weighing six metric tons or more would feature fuel-cell powertrains by 2030, it said. Bosch said production of its fuel cell power module - a fuel cell system generating electricity in vehicles from hydrogen, primarily used in commercial long-distance applications - has begun in its Stuttgart-Feuerbach plant in Germany and in Chongqing, China. Daimler Truck (DTGGe.DE) plans to bring a hydrogen truck to market in the second half of the decade, forming a joint venture with Volvo (VOLVb.ST) to develop the zero-emissions technology. Automaker Stellantis said this year it would begin deliveries in Europe of its first medium-sized vans powered by hydrogen fuel cells by the end of 2021.
Persons: Bosch, Stefan Hartung, Feuerbach, Stellantis, Victoria Waldersee, Ilona Wissenbach, Emelia Sithole Organizations: Bosch, Nikola Corporation, Daimler, Volvo, Volkswagen, Thomson Locations: BERLIN, Stuttgart, Germany, Chongqing, China, American, Europe
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