Seoul [South Korea], December 31 (ANI/Global Economic): The Korean government is planning to develop a technology for Korea's first artificial sun 'KSTAR' to maintain 100 million degrees for 300 seconds by 2026. The 300 seconds is the minimum time required for the commercialization of nuclear fusion technology. The Ministry of Science and ICT announced on the 30th … [Read more...] about S Korea to develop technology for artificial sun to maintain 100 million degrees for 300 seconds by 2026
million
Yunli Zhihui Technology Secures Several Hundred Million Yuan in Round A Financing
Yunli Zhihui Technology, a firm engaged in products related to the construction of smart cities in China, recently completed a round of financing worth several hundred million yuan, led by CDH Investments’ fund and followed by Volcanics Venture. The fresh funds will be used to strengthen the company’s research and development. Founded in 2018, Yunli Zhihui receives joint … [Read more...] about Yunli Zhihui Technology Secures Several Hundred Million Yuan in Round A Financing
Brazil’s Positivo Wins $207 Million Voting Machines Tender | Technology News
SAO PAULO (Reuters) - Brazil's Positivo Tecnologia SA announced on Monday it had been awarded a 1.17 billion reais ($206.85 million) contract to supply electronic voting machines for the country's 2022 elections.Shares in Positivo were up 4.6% at 10.13 reais in late morning trading, outperforming the wider market, which was around flat.Positivo said in a securities filing it … [Read more...] about Brazil’s Positivo Wins $207 Million Voting Machines Tender | Technology News
Li-Metal raises over C$19 million for lithium anode technology development
Welcome to Kitco News' 2022 outlook series. The new year will be filled with uncertainty as the Federal Reserve looks to pivot and tighten its monetary policies. At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory. Stay tuned to Kitco News to learn from the experts on how to navigate … [Read more...] about Li-Metal raises over C$19 million for lithium anode technology development
Brazil’s Sinqia Acquires Software Provider NewCon for $75 Million | Technology News
SAO PAULO (Reuters) - Brazilian financial technology provider Sinqia SA said on Wednesday it had bought NewCon, a local developer of software for consortiums, in its largest acquisition worth 422.5 million reais ($74.73 million).In Brazil, companies create consortiums that allow members to collectively save by making monthly payments to buy big-ticket items like apartments and … [Read more...] about Brazil’s Sinqia Acquires Software Provider NewCon for $75 Million | Technology News
Massachusetts distributes $3.5 million in local civic technology grants
Written by Ryan Johnston Dec 22, 2021 | STATESCOOP Massachusetts plans to help dozens of communities solve their information technology woes with $3.5 million in grants, Gov. Charlie Baker’s office announced Tuesday. The Community Compact Cabinet Information Technology program will distribute the awards — ranging between $1,400 … [Read more...] about Massachusetts distributes $3.5 million in local civic technology grants
Chinese Autonomous Driving Startup Raises $157 Million From Hillhouse, Meituan | Technology News
SHANGHAI (Reuters) - Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor's Chairman Wei Jianjun, has raised nearly 1 billion yuan ($157 million) in a funding round as investors increase bets on smart car technologies.Haomo will use the funds raised from investors - such as Hillhouse Capital's early-stage investment unit GL Ventures, Meituan, Qualcomm … [Read more...] about Chinese Autonomous Driving Startup Raises $157 Million From Hillhouse, Meituan | Technology News
Information Technology Contractor Agrees to Pay More Than $1.3 Million to Settle Federal False Claims Act Allegations of Overbilling | USAO-MD
Baltimore, Maryland – Virginia-based Telophase Corporation (“Telophase”) has agreed to pay the United States $1,389,509 million dollars to resolve federal False Claims Act allegations that it overbilled the National Aeronautics and Space Administration (“NASA”) for labor hours worked and for labor rates and costs in excess of those actually incurred. The civil settlement was … [Read more...] about Information Technology Contractor Agrees to Pay More Than $1.3 Million to Settle Federal False Claims Act Allegations of Overbilling | USAO-MD
Baker-Polito Administration Awards $3.5 Million for Local Technology Infrastructure
PITTSFIELD — Lieutenant Governor Karyn Polito today announced $3.5 million in grants to 70 municipalities through the Community Compact Cabinet Information Technology grant program. The Baker-Polito Administration has now issued 749 grants through this program worth $19.2 million to help Massachusetts communities become more efficient and innovative while improving their … [Read more...] about Baker-Polito Administration Awards $3.5 Million for Local Technology Infrastructure
G7CR Technologies invests over USD 1 Million in start-ups Via technology services in the last quarter
ANI | Updated: Dec 20, 2021 13:48 IST Bengaluru (Karnataka) [India], December 20 (ANI/NewsVoir): With an aim to boost the start-up ecosystem in the country, G7CR Technologies, one of the leading cloud service providers based out of Bangalore has invested over USD 1 Million in various start-ups via technology services in the … [Read more...] about G7CR Technologies invests over USD 1 Million in start-ups Via technology services in the last quarter