Daily Hard Tech Headlines:
- Keppel, a Singapore-based alternative real estate firm, has begun building a floating data center set to go operational in 2028, featuring seawater cooling and a hyperscale commitment.
- @intramotev, the autonomous rail company, has secured a deal with Austria’s national railway to deploy its TugVolt railcars.
- SteelRock Technologies, a London-based EW startup, has secured a $9.5M deal with the United States Marine Corps focused on delivering portable radio frequency jammers for drone warfare.
- @WHOOP, the wearable startup, has secured a contract with the US Navy focused on supporting the Navy’s Command Readiness, Endurance, and Watchstanding (CREW) program.
- The US Navy successfully refueled a medium USV at sea during a recent exercise prior to carrier strike group deployment.
- MythosAI, a West Palm Beach startup, has signed an MOU with the American arm of @BirdonGroup, a global maritime engineering and services firm. The MOU focuses on integrating Mythos’ autonomy stack into medium USVs under development for the maritime defense end market.
- @iperionx has ramped its Virginia facility to 24/7 operations, marking the shift to continuous production of titanium powder and parts from scrap and minerals.
- UAE is investing $9B to build a new metro line in Dubai, which will be the largest transport project ever undertaken in the city.
- Democratic Republic of the Congo is deploying $100M, with backing from the United States and United Arab Emirates, to develop a 20,000-person security force to protect critical mining operations.
- @RainmakerCorp, the El Segundo-based cloud seeding startup, has announced the production of over 143 million gallons of human-generated precipitation.
- @with_hedges secured a $2.7M pre-seed round led by Wonder Ventures. The Venice startup enables commodity hedging for small businesses in critical industries.
- AIRCAT VESSELS, a French maritime firm, has announced a new surface effect ship for the offshore energy industry, capable of carrying 54 people at twice the speed of industry norms.
- @jobyaviation has successfully completed the “first-ever point-to-point electric vertical takeoff and landing (eVTOL) air taxi demonstration flights” in New York City.
- Sikorsky, in partnership with Robinson, has secured a $15.5M U.S. Marine Corps contract to deliver an autonomous aerial logistics platform for contested resupply.
- Pyka, the heavy-lift drone company, has completed a successful first flight of its new heavy-lift autonomous Group 3 aircraft for contested logistics and multi-mission operations.
America’s most critical industries run on commodities. Diesel fuels trucking, mining, construction, and agriculture. Price fluctuations create massive complexity for the backbone industries of America. @with_hedges is building a simple way for these businesses to hedge their commodity exposure.
On the ground with @DiscipulusVent Fall Cohort.
Founder: J.R. Miller (@martial_mather)