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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Amazon private labels work, from AmazonBasics to its 100+ other owned brandsAmazon has 118+ private label brands, some that carry the Amazon name and others cleverly disguised without it. It's been accused of scraping seller data to make nearly identical versions of bestselling brand-name items, like Peak Design's Everyday Sling Bag. But Amazon says it's continuing to invest in its own brands, despite rumors its scaling back to appease regulators. Here's how private labels work, and why experts say the high margin products like AmazonBasics batteries are going nowhere.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe startups still betting space mining will bring in big bucksJust a couple of years ago, it seemed that space mining was inevitable. Analysts, tech visionaries and even renowned astrophysicist Neil deGrasse Tyson predicted that space mining was going to be big business. But fast forward to 2022, and humanity has yet to commercially mine even a single asteroid. CNBC spoke to two California startups, AstroForge and TransAstra, about how they are trying to make space mining a reality and the challenges they face.
How these startups are fixing water waste on farms
  + stars: | 2022-09-22 | by ( Andrew Evers | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow these startups are fixing water waste on farmsThe western U.S. is experiencing a megadrought so severe, it is the driest two decades in at least 1,200 years. And no sector has felt the impact more than agriculture, which takes up about 70% of the world's freshwater. With water resources becoming more scarce, several companies are working to improve irrigation efficiency and help sustain food production in a future where extreme climate may be more common.
The western U.S. is experiencing the driest two decades in at least 1,200 years. The megadrought has particularly affected agriculture, which takes up about 70% of the world's fresh water, according to the U.S. Geological Survey. But improvements in irrigation efficiency and the integration of technology could help turn the tide in managing an increasingly scarce resource. "I think ag and tech are going to go hand-in-hand going forward" predicts Iron Ox CEO, Brandon Alexander. CNBC spoke with several companies that are working to reduce water waste in agriculture and help sustain food production in a future where extreme climate will be more common.
The co-founder and CEO of Regent, Billy Thalheimer, said the company has already amassed a backlog of $7 billion worth of orders for its sea gliders. Once on the edge of the harbor, the Regent sea glider accelerates and takes off, staying within one wingspan of the water's surface. "When the vehicle is in the hydrofoils, basically it's like driving above the water surface on stilts," the CTO said. Following successful tests over the summer, Regent now aims for the Viceroy sea glider to enter service by the end of 2025. The startup is also developing a 100-passenger sea glider, dubbed the Monarch, that can carry 25,000 pounds of payload.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegent wants to disrupt coastal and island travel with its electric sea gliderRegent, a startup developing electric flying boats, has completed a series of test runs on the Narragansett Bay in Rhode Island to prove its unique vehicles can "float, foil and fly" as expected. The co-founder and CEO of Regent, Billy Thalheimer, said the company has already amassed a backlog of $7 billion worth of orders for its sea gliders. It's due to enter commercial service by the end of 2025, the company says.
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