Latest news with #Jetson
The Irish Sun
7 days ago
- Automotive
- The Irish Sun
Star Wars-style FLYING ‘speeder bike' can zoom around skies at over 60mph – and you can pre-order your own in days
A POLISH start-up has offered us a glimpse at a Star Wars-laden future after launching a remarkable flying bike. The real life 'speeder bike' was first unveiled on 30 April in footage showing it taking off and landing in a wooded area. 5 The flying bike, from Poland-based startup Volonaut, uses redundant jet turbines Credit: Volonaut 5 A solo passenger can fly through the sky at up to 63mph (102kmph) Credit: YouTube 5 Volonaut has said the bike will be available for pre-order on 1 August Credit: YouTube The video is stripped back, with real sound and no special effects. The company also stresses that no CGI or artificial intelligence (AI) has been used to enhance the footage. That means the days of bikes and cars zooming above our heads is nearly here - with heavy emphasis on the 'nearly'. The flying bike, from Poland-based startup Volonaut, uses redundant jet turbines to beam a solo passenger through the sky at up to 63mph (102kmph). READ MORE ON FUTURE TECH Riders can fly through tight areas with ease due to its lack of spinning propellers, according to Volonaut. Thanks to carbon fiber materials and 3D printing, the Airbike is seven times lighter than a typical motorcycle, Volonaut added. The video shows a test pilot heavily cladded in protective gear riding a bike that has so far only existed in sci-fi movies. The aircraft is the brainchild of Polish inventor Tomasz Patan, who is also behind the Most read in Tech 5 While Patan's company Jetson continues works on a £68,000 flying car, his second firm Volonaut is working on a separate hoverbike. World's weirdest flying car that splits in HALF so you can fly over traffic - before the wheels drive The Airbike is the first hoverbike to achieve flight without traditional propellers, Volonaut claims on its website. Though riders won't be airborne for long. The Airbike can only hover off the ground for a maximum of 10 minutes at a time. While Volonaut claims the hoverbike takes under 60 seconds to refuel, 10 minutes of air travel even at max speeds won't get you very far. The flight was "exceptionally smooth", according to the startup, "with no vibrations and great degree of control". Volonaut has said the bike will be available for pre-order on 1 August. However, the company has not mentioned a manufacturing or distribution timeline. It has also remained tight-lipped as to the price tag. Therefore, it's unclear just how much money Airbike hopefuls will have to part with - or when the aircraft will arrive at their doorstep if they do. While Volonaut's Airbike has definitely captured interest in personal VTOL innovations, it is interesting to note that, as of this writing, the company has not filed patents. 5 The Airbike can only hover off the ground for a maximum of 10 minutes at a time Credit: YouTube
Yahoo
25-06-2025
- Business
- Yahoo
TerraPower's Nuclear Leap and NVIDIA's (NVDA) First Energy Play
NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 best AI stocks to buy according to billionaire David Tepper. On June 20, TerraPower—a nuclear energy startup founded by Bill Gates—announced a $650 million funding round to support construction of its first commercial power plant in Wyoming. Backers include existing investors like Gates and HD Hyundai, alongside Nvidia's NVentures, which marked its first step into the energy sector. Though regulatory approvals are still pending, the company expects a green light next year. The new Natrium reactor aims to deliver 345 megawatts of electricity, blending the scale of traditional reactors with the flexibility of emerging small modular designs. What sets Natrium apart is its molten sodium cooling system, enabling continuous operation even when electricity demand is low. Excess heat is stored and later used to meet spikes in demand, helping bridge gaps in solar and wind energy. TerraPower shifted to this design after scrapping an earlier plan and says it can complete a reactor within three years of the concrete pour. However, total costs could hit $4 billion, with the U.S. Department of Energy potentially covering half. Despite the price tag, Natrium could signal a new, more adaptable era for nuclear power. NVIDIA Corporation (NASDAQ:NVDA) is a global leader in computing and AI infrastructure, offering platforms like DRIVE, Jetson, and DGX Cloud for data centers, robotics, and autonomous systems. Its Graphics segment powers gaming and professional visualization with GeForce and RTX GPUs, along with Omniverse for industrial AI, serving industries from entertainment to automotive through a vast network of partners and providers. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs China Stocks: 10 Stocks to Buy and 10 Undervalued Blue Chip Stocks Analysts Recommend for Smart Investing. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Market Online
29-05-2025
- Business
- The Market Online
Nvidia Q1 Earnings miss as China export curbs trigger $4.5B charge
Nvidia (NASDAQ:NVDA) stock fell 0.51 per cent Wednesday after reporting Q1 2025 revenue of US$44.1 billion, up 12 per cent from the previous quarter and up 69 per cent from a year ago The company beat expectations on revenue but stated that it expects to miss out on roughly US$8 billion in revenue due to losses from the ban on shipments of its H20 chips to China Nvidia's data centre segment, its largest and fastest-growing business, generated US$39.1 billion in revenue, up from US$22.5 billion a year ago Nvidia stock (NASDAQ:NVDA) last traded at US$134.81 Shares of Nvidia (NASDAQ:NVDA) fell 0.51 per cent at Wednesday's close after reporting Q1 2025 revenue of US$44.1 billion. This result is up 12 per cent from the previous quarter and up 69 per cent from a year ago. The company beat expectations on revenue but stated in a news release that it expects to miss out on roughly US$8 billion in revenue due to losses from the ban on shipments of its H20 chips to China. The company was notified of the restrictions on April 9, 2025, which significantly impacted its ability to fulfill demand in the region. Prior to the restrictions, Nvidia had recorded US$4.6 billion in H20 sales for the quarter. However, it was unable to ship an additional US$2.5 billion in H20 revenue due to the new licensing rules, leading to excess inventory and purchase obligations. The chipmaker posted earnings per share (EPS) of $0.81 on revenue of US$44.1 billion, missing analysts' consensus estimates of $0.93 EPS on US$43.3 billion in revenue, according to Bloomberg data. Adjusted for a one-time charge related to its H20 chips, Nvidia said EPS would have reached $0.96, beating expectations. This compares to adjusted EPS of $0.61 on US$26 billion in revenue during the same quarter last year, highlighting the company's continued explosive growth in the AI and data centre markets. Nvidia's data centre segment, its largest and fastest-growing business, generated US$39.1 billion in revenue, up from US$22.5 billion a year ago. However, this figure narrowly missed Wall Street's forecast of US$39.2 billion. About Nvidia Corp. Nvidia Corp. accelerates computing to help solve computational problems. The company has two segments. The computer and networking segment includes its data centre accelerated computing platform, networking, automotive AI cockpit, autonomous driving development agreements and autonomous vehicle solutions, as well as electric vehicle computing platforms, Jetson for robotics and other embedded platforms, along with Nvidia AI Enterprise and other software and cryptocurrency mining processors. The graphics segment includes GeForce GPUs for gaming and personal computers. Nvidia stock (NASDAQ:NVDA) last traded at US$134.81 and has risen 17.40 per cent since this time last year. Join the discussion: Find out what everybody's saying about this stock on the Nvidia Corp. Bullboard, and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
CNET
18-05-2025
- Automotive
- CNET
New Viral Airbike Looks Like a Star Wars Speeder Bike
Table of Contents New Viral Airbike Looks Like a Star Wars Speeder Bike On May 4, aka Star Wars Day, Volonaut released a video of someone dressed as an Imperial scout trooper riding the company's new Airbike. Volonaut says the Airbike boasts a top speed of 124 mph and is seven times lighter than a traditional motorcycle due to the use of carbon fiber materials. Instead of propellers, Volonaut's Airbike is powered by jet propulsion, giving the vehicle a smaller footprint and greater maneuverability in tight spaces. Volonaut released a special Star Wars Day video showing its Airbike flying through a forest like the one in Return of the Jedi. Volonaut The Airbike is the latest project from Tomasz Patan, Polish inventor and co-founder of Jetson, the company behind the Jetson One flying machine we've previously covered on What the Future. Check out the video in this article to see the Airbike in action. You can also click here to see Tomasz Patan walk us through his work on the Jetson One personal flying machine.
Yahoo
08-05-2025
- Business
- Yahoo
CORRECTION: Active Impact Investments closes its third fund, adding $110 million in dry powder for climate tech
More than doubled AUM in one of the toughest fundraising markets in decades VANCOUVER, BC, May 07, 2025 (GLOBE NEWSWIRE) -- Active Impact Investments, Canada's largest climate tech seed fund, has closed its third fund at $110 million CAD, bringing total assets under management to over $180 million. With nearly twice the size of its previous fund, Active Impact is doubling down on the Canadian market opportunity, where conditions are aligning to support climate innovation globally, and reaffirming their thesis of backing early-stage climate tech ventures that abate emissions and advance the adoption of scalable clean solutions. Fund III has already invested in Canadian-based Jetson, Skyward, RIPTK, ThinkLabs AI and U.S. based Lumo and Zeno. The fund was co-anchored by Northleaf Capital Partners through its Canadian venture capital strategy and Fondaction, and further supported by Boann, Co-operators Corporate Venture Capital Fund, Deloitte Ventures and InBC. The VC firm will add 18 more companies to Fund III, for a total of 25, primarily in Canada with some allocation in the U.S. 'Thanks to our amazing investors, we get the privilege to support 25 more insanely talented founders so they can build the future of climate. There is a massive difference between the divisive rhetoric from both sides on climate and the reality that exists in the middle,' said Mike Winterfield, Founder and Managing Partner, Active Impact Investments. 'Sadly this has led some investors to leave the space at exactly the time when the data has us most excited about huge financial outcomes. Even better, we see Canada quickly emerging as a top destination for building climate tech companies with world-class affordable talent, strong public support, effective policies like IRAP and SR&ED, and globally respected and stable leadership.' In the 2024 Global Cleantech 100 list by the Cleantech Group, 13 of the world's top private companies are based in Canada, second only to the U.S. but an outsized representation considering Canada has one-tenth the population. Additionally, Canada is increasingly attractive to the world's top tech talent with the Tech Talent Strategy that offers open work permits to H-1B visa holders in the U.S. for up to three years, with an initial cap of 10,000 applications filled in just 48 hours. A greater influx of talent to Canada is expected given the US shifting policies in relation to immigration and academia. 'We're investing in companies that deliver cost savings for their customers while achieving meaningful emissions reduction or advancing more efficient clean technology with no sacrifice in quality,' said Tom Boddez, General Partner, Active Impact Investments. 'Fund III has already made seven investments with very strong early traction. For example, Jetson here in Vancouver is a fully integrated heat pump solution that has grown rapidly and is now expanding into new markets. Zeno, which is U.S. based but has initial operations in Kenya for their electric motorbikes and battery charging network, has launched their first model and grown to a waitlist of over 10,000 qualified purchasers in a year. We are searching for outstanding founders or operators that want to build a climate company. If you've been successful with another venture and you want to build something massive in clean energy and transportation, infrastructure and carbon solutions, sustainable food and water or circular economy, we want to talk.'
