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innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.

DTC22 and SBIR ehdr lrg

Seeding America's Future Innovations. Connect directly with over $4 billion in early stage funding. Learn how to compete for funding, while networking with global industry scouts, investors, and key federal leadership representing the nation's largest seed fund.

"SBIR and STTR represent the best of government-industry partnerships—harnessing the creativity and ingenuity of American entrepreneurs to solve our nation's most pressing public health and national security challenges" Sen Ben Cardin

 

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I 1 90791817 this 52 foot and8216trash wheelFloating at the side of a river that winds through densely populated neighborhoods in Panama City, a 52-foot-long robotic “trash wheel” sucks up plastic from the water and pulls it up a conveyor belt to be recycled. (The design, which runs on hydropower and uses solar power as a backup, is a tweaked version on the aptly-named Mr. Trash Wheel, which first debuted in Baltimore in 2014.) A camera system will soon use artificial intelligence to identify the garbage—from plastic bottles to toys—to gather data that can help design new strategies to eliminate plastic waste before it reaches the environment.

Image: Chemolex

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52330313024 7eb434f8e8 kNASA's ambitious, expensive and intricate moon rocket, Artemis I, has had a rough run. NASA had to scrub the first launch attempt due to a troublesome engine issue. On attempt two, a pesky hydrogen leak kept the rocket grounded until repairs could be made. After testing on Sept. 21 cleared Artemis for a third attempt, NASA scientists circled Sept. 27 for launch. But that, too, was nixed as a tropical storm bore down on the Florida coast.

Image: The Artemis I mission has been delayed twice. NASA

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Cursor and Watch the world s first hydrofoiling ground effect vehicle take offRegent has released video of its remarkable Seaglider prototype in flight testing. The first machine to combine the efficiency advantages of ground effect and hydrofoiling in a single design, it promises revolutionary speed and range in coastal areas.

Wing-in-ground effect (WIG) aircraft such as the Soviet-era Ekranoplan have shown promise in the past, but they're yet to take off, so to speak, as a mainstream form of transport. These low-flying birds ride on a cushion of air between their wings and the surface, which gives them a significant lift and efficiency boost over regular planes flying higher in the air – as long as they stay within their own wingspan of the surface beneath. This extreme altitude restriction means that while ground-effect aircraft could fly over land, it's too dangerous for regular operations, and they typically stay over water.

Image: Regent

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The new rules of early stage venture capital valuation and potential responses Meet the bridge SAFE and extension round Foley Lardner LLP JDSupraIn our current economic environment, you would have to be hiding in a cave not to see, hear and feel valuations sliding downwards across the eco-system.  It started in January 2022 when large-cap, mid-cap and then smaller-cap public companies started to fall in price.  Past a certain point, we began to see private equity and venture capital investors applying these lessons to late stage private companies.  In the time since February, we have seen the slide come all the way through the business food chain until it reached the startup.

 

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Events Calendar UM BioParkDoubling the University of Maryland BioPark's lab space, the two-phase 4MLK development project will represent more than $320 million in total capital investment

BALTIMORE, Sept. 22, 2022 /PRNewswire/ -- University of Maryland, Baltimore (UMB) and Wexford Science & Technology, LLC, announced today that 4MLK, the newest development project in the University of Maryland BioPark, is slated to move forward, with groundbreaking this fall (2022) and delivering in summer 2024. The 8-story, 250,000-square-foot building, Phase I of a two-phase project representing a $320 million total capital investment, will provide critical wet laboratory space in downtown Baltimore for researchers and companies, flexible lab and office/support space for start-ups, and Class A office space, along with areas for convening and a conference center.

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Pretty female team leader talking with mixed race 2022 04 04 22 19 03 utcThink of great business leaders, and Henry Ford, Madame C.J. Walker, Andrew Carnegie, Estée Lauder and Steve Jobs may come to mind. Regardless of when they rose to prominence, all were not only effective leaders but visionaries and disruptors whose innovative ideas took their companies to new levels and defined their respective industries. When considering the accomplishments of luminaries who exemplify effective leadership, what I find interesting is that beyond the obvious (intelligence, discipline, work ethic), certain characteristics span culture, industries, and even time.

 

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Boom ContouredFuselage 16x9 v2On July 25, 2000,  a Concorde supersonic jet operated by Air France flying from New York to Paris crashed shortly after takeoff. The accident, caused by a piece of debris on the runway, killed all 109 people on board and four on the ground. It dented the reputation of supersonic air travel and accelerated the retirement of the Concorde, which was already facing infeasibly high operating costs and repeated complaints about its noise. Three years later, in October 2003, the Concorde completed its final flight from New York to London in 3.5 hours and then disappeared from public sight, ending 27 years of commercial operation.

Image: An artist’s rendering of Boom Supersonic’s Overture jet. Boom Supersonic

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Ocean water abstract background 2021 08 27 18 05 24 utcWith climate change looming and a summer full of heat waves and droughts, communities all over the world lack access to clean water. According to the World Health Organization (WHO), two billion people worldwide lack access to clean water.

Startups and researchers around the world are working on technology that could use solar to turn saltwater into freshwater for communities. Removing salt from seawater is nothing new, but plants that take the salt out are still mostly powered by fossil fuels.

 

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Time spent LargeInvestors are spending 24% less time looking at pitch decks in 2022, compared to 2021. On average, you have just under three minutes to convince them to take a meeting with you. In fact, for decks that fail to raise funding, investors give up in just 2 minutes and 13 seconds. That’s not a lot of time to make a first impression, so you’ve got to make it count.

It’s pretty rare that I get to talk to someone who is as big of a pitch deck nerd as I am, but when I was finally able to nerd out with the research lead at DocSend, how could I not? We go deep into what the data tells us about what makes a pitch deck successful, and indicators for what works less well.

Image: https://techcrunch.com

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https://commons.wikimedia.org/w/index.php?search=Colorado+River&title=Special:MediaSearch&go=Go&type=imageBy now, you may have heard that the Colorado River is drying up.

The river’s flow is down by about 20 percent, compared to the 1900s, and the two largest reservoirs it feeds are less than a third full. The water in Lake Mead, the nation’s biggest reservoir, has dropped more than 150 feet in the last two decades, leaving little water for the more than 40 million people who depend on the river.

Image: https://commons.wikimedia.org/w/index.php?search=Colorado+River&title=Special:MediaSearch&go=Go&type=image

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95ac29 80cd092c79b942dc821dbdac64b60f00 mv2When it comes to space, there's a problem with our human drive to go all the places and see all the things. A big problem. It's, well, space. It's way too big. Even travelling at the maximum speed the Universe allows, it would take us years to reach our nearest neighbouring star.

 

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