Latest news with #Mueller
Broadcast Pro
2 days ago
- Business
- Broadcast Pro
Impulse Space raises $300m in Series C
The company is hiring and scaling rapidly to meet surging demand across commercial, civil, and defense sectors. Impulse Space, a company in the field of in-space transportation, has raised $300m in a Series C funding round, marking one of the largest venture capital infusions in the history of the space industry. The round was led by Linse Capital and brings Impulses total funding to $525m. The funding comes as a proactive move to support Impulses rapid growth and rising customer demand. With over 30 contracts signed, valued at nearly $200m, the company plans to use the capital to scale operations and deliver a growing pipeline of missions requiring faster, more agile, and cost-efficient in-space transport solutions. Founded in 2021 and helmed by Tom Mueller, a founding member of SpaceX and the engineer behind the Merlin rocket engine, Impulse has quickly established itself as a major force in the sector. The companys consistent record of successful missions and technical achievements has positioned it at the forefront of in-space mobility. Mueller, CEO and founder, said:'Weve proven that we can build fast and fly successfully. Now, the market is demanding more. This raise helps us scale production and technical capabilities to meet that demand head-on.' Bastiaan Janmaat, Managing Partner at Linse Capital, added: 'Impulse is tackling one of the most technically demanding challenges in aerospace with a speed and precision we rarely see. Their vertically integrated approach, proven track record, and ability to execute quickly in this market give them a real advantage. Were excited to support their vision as they build the infrastructure that will power the next generation of space missions.' The funding will be directed toward expanding the team across engineering, manufacturing and mission operations; accelerating research and development for longer-duration missions using electric propulsion; and scaling production of Impulses Mira and Helios vehicles to meet surging demand from both commercial and government sectors, including national security and NASA. Mueller added: 'Achieving a true space age is going to require new levels of in-space mobility to move payloads quickly and precisely, both within and between orbits. That capability is what were building at Impulse.'
Yahoo
4 days ago
- Business
- Yahoo
This 35-year-old left the US for India to start a ‘Cali-style' burritos business — now it brings in $23M/year
Introducing burritos to the land of biryani is a genuinely unconventional business idea. Yet, this experiment has turned into a massive success for 35-year-old American entrepreneur Bert Mueller. In a recent interview with CNBC Make It, the young entrepreneur described how he discovered that Mexican cuisine was a perfect match for the Indian palate, which convinced him to launch California Burrito, a fast-casual Southern California-style restaurant, in 2012. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) The company now has 103 locations across the country and generates $23 million in annual revenue. California Burrito's rise holds three powerful lessons every entrepreneur and investor should take notes on. Here's the secret sauce. Mueller told CNBC that he first visited India as a foreign student. In 2021, just 46,000 international students were enrolled in Indian colleges, according to the British Council, making it one of the less obvious choices for studying abroad. But for Mueller, that was part of the appeal. 'I wanted to go somewhere that was radically different than the U.S. and so I decided that India was the place to be given that, first off, I loved Indian food and second, people spoke English,' he told CNBC, calling the decision 'contrarian.' This contrarian mindset has helped many investors and entrepreneurs uncover hidden gems and rare opportunities in unlikely places. By keeping an open mind and considering unconventional options, you could boost your chances of finding a lucrative niche that few others have considered. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Another secret to Mueller's success is his cautious approach to building a business. He told CNBC that his initial estimate for startup costs was $100,000, but he raised nearly $250,000 from friends and family 'to be careful.' These additional funds gave him and his team much-needed flexibility to launch California Burritos and mitigate the risks of introducing an unproven concept to a new market. This approach mirrors Warren Buffett's investing principle of working with a 'margin of safety.' No one can predict the future with precision, so by raising more funds than you need or investing at a lower valuation than you think is fair could be the best way to mitigate unforeseen risks. Mueller admitted that his journey had its fair share of setbacks. He told CNBC that the first area manager he hired turned out to be corrupt and was colluding with vendors for kickbacks. The betrayal could have derailed the entire venture while it was still in its infancy, but Mueller says giving up wasn't an option. 'My mom is a marathon runner, and I have that trait in me,' he said. 'You have to keep going until you've reached the finish line. And I never felt like quitting.' According to psychologist Angela Duckworth, this ability to deal with failure and persevere is a key trait of high achievers in various fields. Her research indicates that grit — the ability to persevere despite challenges — is a greater predictor of success than social intelligence, IQ or even talent. Similarly, a study published in the Journal of Global Entrepreneurship Research found that undergraduate students with higher levels of grit had greater intentions of launching their own business after graduation. Just like Mueller, if you're considering a new venture or a new opportunity, the ability to deal with setbacks and keep pushing forward despite adversity is a key skill you'll need to develop. Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead How much cash do you plan to keep on hand after you retire? Here are 3 of the biggest reasons you'll need a substantial stash of savings in retirement Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Sign in to access your portfolio
Yahoo
4 days ago
- Health
- Yahoo
Allegheny General Hospital opens new, $100 million imaging center
Allegheny General Hospital has opened a new diagnostic imaging center, the product of a $100 million renovation. Allegheny Health Network says the 50,000-square-foot facility's purpose was to improve patient experiences and give greater access to imaging services with advanced technology. AGH provides imaging services to thousands of patients annually, according to AHN. Dr. Jeffrey Mueller, interim chair of the AHN Imaging Institute and division director of cardiothoracic imaging, says the new center will ensure patients continue to receive the highest quality services. 'From rapidly diagnosing stroke, to precisely planning cancer treatment, to confirming the presence or progression of cardiovascular disease, and countless other applications, imaging and radiology services are fundamental to exceptional patient care,' Mueller said. 'This amazing new facility, equipped with the most sophisticated technologies available, allows our clinicians to make more informed decisions quickly, leading to earlier and more effective treatments and ultimately, better outcomes for our patients.' The center features dedicated suites with advanced capabilities in X-ray, general and vascular ultrasound, interventional radiology, CT, MRI, PET/CT and more, AHN says. AGH is the second hospital in Western Pennsylvania and the only adult facility to offer NAEOTOM Alpha CT, which provides for more accurate diagnoses, AHN says. Over the past several years, AHN and Highmark Health have reportedly invested more than $400 million to enhance the AHN Imaging Institute. AHN Allegheny Valley Hospital completed a $12 million renovation of its imaging and radiology department, and AHN Jefferson Hospital completed a $4.6 million renovation and expansion of its Breast Center and Outpatient Imaging Center. AHN says it is the only health system to achieve Diagnostic Imaging Centers of Excellence among adult imaging centers throughout Pennsylvania, West Virginia, Ohio and Delaware. Download the FREE WPXI News app for breaking news alerts. Follow Channel 11 News on Facebook and Twitter. | Watch WPXI NOW
Yahoo
7 days ago
- Automotive
- Yahoo
German auto industry risks production halts over Chinese rare earth export restric
-- Germany's automobile industry could face production delays and potential outages due to China's export restrictions on rare earths alloys, mixtures, and magnets, according to a warning issued by the German auto lobby, VDA. The lobby's head, Hildegard Mueller, highlighted the severity of the issue in a statement on Tuesday, citing slow export license approvals and customs clearance delays as the primary causes of the problem. This is the first time VDA has warned of a potential halt in production due to these issues. The slow granting of export licenses and lags in customs clearances for exports with valid licenses are causing significant issues for automakers. In response to the new rules imposed by China in April, which require exporters to obtain licenses from Beijing, diplomats, automakers, and executives from India, Japan, and Europe are urgently seeking meetings with Beijing officials. Their goal is to push for a faster approval process for rare earth magnet exports. Mueller stressed the urgency of the situation, stating that while some licenses have been granted, it is currently insufficient to ensure smooth production. If the situation does not change quickly, she warned, production delays and even production outages could become a reality. The shortage poses a significant threat to the already strained supply chains of automakers such as Volkswagen (ETR:VOWG_p), Mercedes-Benz (OTC:MBGAF), and BMW (ETR:BMWG), as well as suppliers like Bosch (NSE:BOSH). These companies, among others, rely on rare earths for applications, including motors for electric cars. Related articles German auto industry risks production halts over Chinese rare earth export restric GSK cut to Hold by Berenberg as investors await proof from upcoming drug launches Evercore upgrades Block on lower lending risk and steady consumer trends
Yahoo
02-06-2025
- General
- Yahoo
Tommy Stevens feels at home in Roughriders' quarterback room
Despite being on a new team this year, quarterback Tommy Stevens is already comfortable in his surroundings. After signing with the Roughriders during free agency this off-season, the short-yardage specialist joined a club that already featured fellow quarterback and former Calgary Stampeders teammate Jake Maier — who was acquired by the Riders earlier in the off-season — along with offensive coordinator Marc Mueller, who was Calgary's quarterbacks coach for Stevens' first three seasons. In fact, reuniting with Mueller — who is in his second year as Saskatchewan's play caller — was one of the reasons Stevens chose the Roughriders in free agency. Playing in front of Saskatchewan's fan base as a member of the home team was another. 'I'd be lying to you if I told you I wasn't fired up that this was going to be a possibility,' Stevens said as the Roughriders prepare for Thursday's season opener (7 p.m., TSN) against the Ottawa Redblacks at Mosaic Stadium. 'Glad it all worked out. Really happy to be here. I mean, this place is incredible. I think it's nicer every time I'm in here. 'I'm glad I won't be a visitor in here. I'm glad this will be home.' In his three years with the Stampeders, the 28-year-old Stevens developed into one of the CFL's elite short-yardage specialists. Last year, he rushed the ball 60 times for 237 yards — a four-yard average — with 10 rushing touchdowns, which was tied for the league lead. Along with Maier, Stevens joins a quarterback in Saskatchewan room that also features veteran starter Trevor Harris and second-year pivot Jack Coan, who played college football at Notre Dame before coming to Saskatchewan in 2024. 'Obviously me and Jake have been pretty close for, I guess this will be going on the fourth season we've been together,' said Stevens. 'But coming in with the new guys with Trev and Jack, they've been great. 'I think that's super important. And especially in our room — only one guy can play, right. So being able to have that kind of relationship, being able to bounce ideas off of each other. 'Obviously, Trevor's been around for a while, and Jack's played some big-time football too, so just being able to hear their perspective on things, how they go about their process, how they read certain plays, what they think that we should do on whatever it may be, it's been helpful.' For Mueller, the familiarity of having worked with Maier and Stevens in the past has helped the cohesion in the quarterback room this year. 'It's a lot easier because I know those guys,' said Mueller. 'They work well together and they work well with the group and they're both smart guys, and they work hard. 'I think that the whole group, all four guys, have been really good to work with and be around. It's a really good group.' While Stevens got limited action in Saskatchewan's two pre-season games — throwing the ball three times while also rushing three time in the first exhibition game before getting one rush attempt that was negated due to a penalty in the second game — the 6-foot-4, 245-pound Indianapolis native is expected to be used in the regular season any time the Roughriders are facing a short-yardage situation. Without giving away any playbook secrets, he'll also likely get into the game with other packages designed around his running ability. 'No matter who you have in there, whether it's a different left guard or a different centre, you want to try to make them be the best versions of themselves,' said Mueller. 'And you want them to feel like there's plays in the game plan that highlight their best skills. 'So, whether it's Tommy or whether it's one of the receivers or the right tackle or (running back A.J. Ouellette), you want to get their best foot forward and put in plays that they feel will work.' Offensive lineman Jacob Brammer (back) missed Monday's practice after leaving Sunday's workout midway through with an injury. However, it doesn't appear to be serious according to head coach Corey Mace. 'Just being smart here,' said Mace. 'It was just a little tweak yesterday wo we're just being smart with it so he can be available for game day.' American rookie Payton Collins practised at left tackle with Trevon Tate moving to left guard and Zack Fry shifting to right guard in place of Brammer for many of the offensive reps. 'Collins has had an excellent camp,' said Mace. 'And we want to make sure that, if Jacob's not practising, that we get quality reps with guys who have potential.' tshire@ Roughriders hit the field for Day 1 of regular season practice Roughriders make final roster cuts; finalize active roster for 2025 The Regina Leader-Post has created an Afternoon Headlines newsletter that can be delivered daily to your inbox so you are up to date with the most vital news of the day. Click here to subscribe. With some online platforms blocking access to the journalism upon which you depend, our website is your destination for up-to-the-minute news, so make sure to bookmark and sign up for our newsletters so we can keep you informed. Click here to subscribe.
