production

Nikon Acquires RED, Expand Film Camera Production

Red Cameras
The guy who founded that – Jim Jannard – became a billionaire after selling a lot of sunnies, then went on to found RED digital cinema, one of the first major digital cinema camera brands. Today, Nikon announced that Nikon Corporation has announced its agreement to acquire the camera manufacturer, and turning into a wholly-owned subsidiary of the Nikon Corporation. This sensor’s physical size was comparable to analog film, bridging the gap between digital and traditional film production. This short film convinced director Steven Soderbergh to shoot his film “Che” with Red technology, marking a significant milestone in digital cinema. The company’s cameras were used to film over 25% of the top 100 grossing films filmed on digital video in the US shot on digital video by 2016.

Cutting Costs and Controversy: How a Swedish Startup Aims to Revolutionize Stem Cell Production

Stem Cell
However, harvesting stem cells is a controversial process, since a major method involves harvesting during pregnancy. To date, most stem cells are harvested from adult stem cells or post-termination foetal tissue. Cellcolabs will specialize in Mesenchymal stem cells (MSCs), which are scarce and expensive. In an interview with TechCrunch, Bernow said, “The promise of stem cells or what it holds, is really mind boggling. “We’ve built this facility, which we believe is one of the world’s largest facilities, solely dedicated for production of this kind of stem cell.

Minimizing Pesticide Use: AgZen’s RealCoverage in Action

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A 2021 study found that if farmers didn’t use pesticides, they would lose 78% of fruit production, 54% of vegetable production, and 32% of cereal production. At the same time, the way pesticides are delivered is not ideal: The only way to guarantee enough pesticide distribution is to spray too much. By reducing foliar pesticide usage by 30% to 50%, AgZen’s technology might help mitigate these impacts, aligning with the critical need for improved spray efficiency highlighted in recent reports. AgZen is preparing to launch RealCoverage commercially later this year through a lease-to-own program, which helps put the system into financial range for farmers. The company suggests that by reducing the amount of chemicals used, the system pays for itself within a season.

Polestar Secures $1 Billion Loan to Ensure Success of EV Plans

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Polestar secured a $950 million loan from a dozen banks, critical funds needed to keep its EV plans moving forward following Volvo’s decision to pull back its financial support of the electric automaker. Polestar, which has cut 10% of jobs since mid-2023, said it plans to make another 15% cut this year. Polestar currently produces the Polestar 2, Polestar 3, which recently started production in China, and the Polestar 4. The company said it has successfully completed test production runs for the Polestar 3 at its factory in South Carolina. The $950 million loan follows Volvo Cars’ decision last month to reduce its 48% holding in Polestar and let parent company Geely take over financial responsibility.

Transforming Kombucha into Sustainable Thread: A Surprising Discovery

Biocel
It’s not everyday you come across kombucha playing a starring role in potential industrial disruption. They can also be treated to have different properties — such as elasticity or water resistance. Freixas had a selection of samples of knitted bio-filament on show, offering a glimpse of eco-friendly alternative to materials like cotton or plastic essentially being brewed into existence. Freixas is undertaking the project at the Barcelona School of Design and Engineering as part of the Elisava Research team. Unlike conventional fabric production the methods involved in producing Biocel are not labor intensive and do not require lots of energy or harsh chemicals, per Freixas.

Ingrediome Claims to Have the Solution for Lab-Cultivated Protein’s Flavor Dilemma

Ingrediome Founders
One of the challenges for alternative proteins, particularly plant-based, is developing a product that mimics the taste of traditional meat. The company is making “hybrid meat, dairy and eggs” it says, by combining traditional animal proteins with plant-based ingredients. “We use our meat proteins, oils, water and spices to get to our formulation, and that allows us to create a clean-label product,” Even told TechCrunch. Our meat proteins cook in the same manner, the same temperature range, etc. Signed contractsAt two years old, Ingrediome is still pretty early, and it will be at least two more years before it can manufacturer enough product to sell to traditional meat companies.

“European Mycelium Startup Secures $58M in Funding: A Sign of the Tech’s Promising Future”

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A $58M round for this European Mycelium startup shows the tech is on the cusp of big thingsInfinite Roots (IR), formerly Mushlabs, is a German biotech company which has been plying the furrow of Mycelium, the material coming from fungi which has been hailed as something of an answer to everything from food to building materials. Existing investors, including Clay Capital, FoodLabs, Redalpine, Simon Capital and Happiness Capital also participated. Prior to this round IR had raised a Series A of $10 million. The company said it plans to use the new round to switch into commercial growth, expand its production capacities, and invest in launch activities. For instance, last year Meati Foods moved into full-scale production of its mycelium-based whole-food protein, launching a “Mega Ranch,” in Colorado financed in part by a $150 million Series C round and an extension round of $22 million.

“$58M European Mycelium Startup on the Cusp of Big Things: A Round of Funding Signals Growth and Potential”

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A $58M round for this European Mycelium startup shows the tech is on the cusp of big thingsInfinite Roots (IR), formerly Mushlabs, is a German biotech company which has been plying the furrow of Mycelium, the material coming from fungi which has been hailed as something of an answer to everything from food to building materials. Existing investors, including Clay Capital, FoodLabs, Redalpine, Simon Capital and Happiness Capital also participated. Prior to this round IR had raised a Series A of $10 million. The company said it plans to use the new round to switch into commercial growth, expand its production capacities, and invest in launch activities. For instance, last year Meati Foods moved into full-scale production of its mycelium-based whole-food protein, launching a “Mega Ranch,” in Colorado financed in part by a $150 million Series C round and an extension round of $22 million.

“Tesla Predicts Significant Decline in Electric Vehicle Sales by 2024”

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Tesla reported operating income of $2.06 billion in the fourth quarter, a 47% decrease from the same year-ago period. Tesla spent $1.1 billion on research and development in the fourth quarter, a 35% from the same period last year. Tesla was able to claw back some of its automotive industry-leading margins in the fourth quarter, thanks in part to a push to further reduce costs. Energy GrowthWhile Tesla was cautious about vehicle growth in 2024, the company remains bullish on the growth of its energy storage business. Storage deployments were up 125% year-over-year, even with a slower fourth quarter.

“2023: Only 6,001 Cars Sold by Lucid Motors”

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Lucid Motors delivered only 6,001 of the 8,428 cars it built last year, as it continues to struggle to generate demand for its luxury electric sedans. Lucid also said in late 2023 that it had shipped 800 cars to Saudi Arabia to be assembled at a new facility in the Kingdom. In total, Lucid’s 2023 production and sales figures were only marginally better than they were in 2022, where it built 7,180 cars and delivered 4,369 of them. The disappointing sales figures cap a tough year for Lucid. This story has been updated to note that Lucid Motors declined to comment on whether the 800 cars in Saudi Arabia were included in the delivery figures.