The shipping industry is under pressure to reduce emissions. If rotor ships catch wind on the global shipping market, Norsepower could be entering a market worth some 30 Billion euros. The number is estimated from the 25,000 ships’ 1.2 MEUR install cost.
Norsepower remains conservative, and pegs it’s 2024 revenue target at a mere 100 Million euros.
Source: metropolitan.fi
Location and navigation using global positioning systems (GPS) is deeply embedded in our daily lives, and is particularly crucial to Uber’s services. To orchestrate quick, efficient pickups, our GPS technologies need to know the locations of matched riders and drivers, as well as provide navigation guidance from a driver’s current location to where the rider needs to be picked up, and then, to the rider’s chosen destination. For this process to work seamlessly, the location estimates for riders and drivers need to be as precise as possible.
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It’s an interesting time for Virgin Hyperloop One, which saw one of its board members arrested on fraud and embezzlement charges in Russia last week and three other high-profile directors departing the board, according to Bloomberg. But that hasn’t stopped the futuristic-transport startup from showing off its latest pod prototype, first for the Crown Prince of Saudi Arabia and now for the rest of us via the video above.
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