The Golden Eagle sUAS. Teal Drones, which opened a new 13,000 sq ft manufacturing facility in Salt Lake City, Utah, in October, plans to double the size of the factory to 26,000 sq ft to meet an expected surge in demand, according to the chi.
US aircraft parts maker TransDigm Group received USD20.8 million in excess profit under contracts it had with the US Department of Defense (DoD) from 2017 to 2019, according to a new report by the DoD's Office of Inspector General (IG). The .
Vale joins Boston Metal Series B; developing MOE for emissions-free steel
Boston Metal, an MIT spin-off working to commercialize molten oxide electrolysis (MOE) for emissions-free metals and alloys production, announced that Vale and Energy Impact Partners have joined its Series B fundraising, closely following a $50M close announced in January. MOE is an electrometallurgical technique that enables the direct production of metal in the liquid state from oxide feedstock.
Headquartered in Rio de Janeiro, Brazil and present on five continents, Vale is one of the largest metals and mining companies in the world based on market capitalization and one of the world’s largest producers of iron ore and nickel. It also produces iron ore pellets, manganese ore, ferroalloys, metallurgical and thermal coal, copper, platinum group metals (PGMs), gold, silver and cobalt.