Category: Technology Development

Groundbreaking UAE-Israel Deal to Fight Coronavirus Unites Key Defense Companies

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A historic agreement announced on July 2 will see Israel’s leading aerospace and defense company Israel Aerospace Industries and Rafael Advanced Defense Systems develop breakthrough technology with Group42 in the United Arab Emirates. This is the first of its kind deal between Israeli companies and those in the Gulf state and represents more than just an agreement related to the pandemic. It is part of growing ties between Israel and the Gulf, particularly part of an exchange of messages with the UAE.

Israel and the UAE were rumored to be working more closely

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Clean technology projects line up bids for $1 billion EU support

By Kate Abnett

(Reuters) – Clean technology projects are readying bids for a billion-euro support package from the European Union under a flagship scheme for funding breakthrough low-carbon technologies.

The EU Innovation Fund will support projects such as floating wind farms, carbon capture mechanisms and energy storage, all of which could help clean up sectors such as cement and steelmaking.

“These large-scale investments will help restart the EU economy and create a green recovery that leads us to climate neutrality in 2050,” EU climate chief Frans Timmermans said.

The European Commission on Friday invited projects to bid for 1 billion

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Micron Technology, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

As you might know, Micron Technology, Inc. (NASDAQ:MU) just kicked off its latest third-quarter results with some very strong numbers. Micron Technology beat earnings, with revenues hitting US$5.4b, ahead of expectations, and statutory earnings per share outperforming analyst reckonings by a solid 11%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. We’ve gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Oil major ConocoPhillips deploys low-code tech to boost bottom line

By Julia Payne

LONDON (Reuters) – ConocoPhillips has deployed a low-code platform called Mendix to cut costs and increase efficiency, making it the first major oil and gas producer to use such technology across the company, Mendix said in a statement on Tuesday.

Mendix, owned by German technology firm Siemens, allows companies to create in-house systems without hiring outside developers as minimal or no coding knowledge is required.

“It can be used by a rig manager in the middle of the ocean to someone in HR,” Jon Scolamiero, Mendix’s manager of architecture and governance of product marketing, said.

Low-code platforms

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What If Russia Sells Stealth Technology to China?

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Key Point: The Chinese could use the Su-57 to improve their own J-20’s design.

 

More From The National Interest: 

Russia Has Missing Nuclear Weapons Sitting on the Ocean Floor 

How China Could Sink a U.S. Navy Aircraft Carrier 

Where World War III Could Start This Year

How the F-35 Stealth Fighter Almost Never Happened

Having formally cleared the Su-57 for export earlier this month, Russia is poised to pitch their fifth-generation fighter to China.

Speaking at the LIMA-2019 Aerospace and Maritime exhibition, Rostec official Viktor Kladov looked to the future of the

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