SpaceX investor pours $50m into London tech startup Complyadvantage July 28, 2020 Fintech startup Complyadvantage has closed a $50m series C round, as it seeks to disrupt the way global banks tackle financial crime. The round was led by the Ontario Teachers’ Pension Plan Board, which has CA$207.4bn in net assets. It made the investment through its innovation arm, which invests in late-stage tech companies. Existing investors [...]
Musk’s SpaceX in talks to raise funds at $44bn valuation July 23, 2020 Rocket company SpaceX is said to be in talks to raise a new round of funding at a $44bn valuation, following a successful few months for the tech firm. SpaceX is seeking to raise approximately $1bn priced at $270 per share, people familiar with the matter told Bloomberg. Helmed by tech billionaire Elon Musk, SpaceX [...]
Musk qualifies for $2.1bn payday after Tesla rally July 21, 2020 A prolonged bounce in Tesla’s share price means its chief executive Elon Musk has qualified for a $2.1bn payout, in his second award since May. The electric carmaker’s six-month average market capitalisation officially surpassed $150bn today, triggering the vesting of the second of 12 tranches of options granted to Musk in 2018. Musk, who is [...]
Virgin Galactic signs private space travel deal with Nasa June 22, 2020 Richard Branson’s Virgin Galactic said today it has signed a deal with Nasa to develop a programme to promote private missions to the International Space Station (ISS). Shares in Virgin Galactic spiked more than 14 per cent on the news. Virgin will help identify and train new candidates to become astronauts for commercial space flight, [...]
UK Space Agency signs US deal to fuel British spaceports June 17, 2020 British and American government ministers have signed a deal to power up the UK’s spaceports programme and boost tech exports. The UK Space Agency said today the agreement will allow US companies to operate and launch rockets and satellites from British spaceports, as well as support their participation in the UK space sector supply chain. [...]
UK space race fires up in first Shetland rocket launch June 15, 2020 Scottish firm Skyrora completed the first ever rocket launch from the Shetlands over the weekend, as the UK space race continues to heat up. The 6.5 feet tall Skylark Nano rocket was launched from the Fethaland Peninsula at North Roe on the Scottish island on Saturday, utilising the area’s remote location to its advantage. The [...]
When Moon? A momentous last week June 2, 2020 When Moon? A phrase often used in the crypto space to describe when a coin price will blast off in value. This week we have seen Bitcoin finally rebreach the US$10,000 and notably my friends at Cardano saw their market cap increase 52% catapulting it back into the top 10 cryptocurrency chart by value for [...]
SpaceX astronauts arrive at ISS in historic moment for private spaceflight May 31, 2020 The first US space mission since 2011 has reached its destination, the International Space Station, NASA has confirmed. Astronauts Doug Hurley and Bob Behnken entered the ISS at around 6pm UK time, having docked at the ISS a few hours earlier. In doing so, they have become the first astronauts to reach the station via [...]
SpaceX mission nears International Space Station after historic launch May 31, 2020 SpaceX’s Dragon astronaut capsule is due to dock at the International Space Station this afternoon after yesterday’s historic launch. At about 8:30 yesterday evening, NASA astronauts Doug Hurley and Bob Behnken blasted off from Florida’s Cape Canaveral launchpad in the US’ first manned space mission in nine years. The mission is also the first ever [...]
The last mile is critical to mass adoption and inclusion. May 26, 2020 Global technology infrastructure projects providing the vital backbones for the modern world critically must have compatible last mile solutions in order for mass adoption of new tech to take place leading to mass inclusion – crypto and blockchain are no exception. Price Watch Bitcoin (BTC) has retreated somewhat from testing US$10,000 having had a pretty [...]