“We’ve got an increased threat from foreign adversaries who have shown capabilities to jam, to destroy, to spoof the signals of GPS, which is scary,” Shaun Moore, CEO and co-founder of Tern AI, a startup that wants to provide an alternative to GPS, told TechCrunch.
The current system works by having GPS receivers in cars or phones pick up signals from satellites orbiting the earth.
The GPS receivers then use the time it took for each signal to travel to calculate the distance to each satellite.
“GPS technology has not meaningfully changed in 50 years, and what we’re seeing put forth as solutions to resolve or mitigate risk are just marginal improvements.
“When we first met Tern AI, what stood out the most was how differentiated and scalable their approach was to solving a critical problem in national security,” said Stephen DiBartolomeo, principal at Scout Ventures.
There has been a lot of recent chaos in the world of electric vehicles, and Ford has capitalized on it to build out its secretive low-cost EV team.
It also hired around 10 employees from Lucid Motors, and a handful from Apple’s recently disbanded EV team known as Project Titan.
The company declined to respond to specific questions about how it’s building out the team, which is known internally as Ford Advanced EV.
It also noted that some of the work being done by Ford Advanced EV could be applied to other efforts across the company, not necessarily just to the low-cost EV project.
“The Ford Advanced EV team is part of a global effort to build focused technology and product development teams local to the best talent centers.
For years, the solar energy sector has grappled with interseasonal energy storage.
The claim is this tech does the storage more cost-effectively than any battery or liquid hydrogen solution on the market.
It enables hydrogen storage at densities approximately 50% greater than liquid hydrogen, presenting a significant advancement in hydrogen storage solutions.
A robust, reusable energy storage solution could bridge these timings, ensuring a stable energy supply when these renewable sources encounter unavoidable intermittent periods.
The firm certainly has investors’ attention: Photoncycle just raised $5.3 million (€5 million) to build its first few power storage devices in Denmark, which Photoncycle has chosen as its test market.
