The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Metal 3D printing startup raises $5.5 million in first-round funding to advance its metal dropper printing technology. Using no lasers or powder, additive manufacturing company Fluent Metal Inc. emerged on the metal 3D printing scene with a $5.5 million financing to bring its unique drop-on-demand approach to the world. "Drop-on-demand technology is an elegant approach to create complex metal components," said Fluent Metal CEO Peter Schmitt. "Whether it's prototype iterations...
Pentagon awards Doe Run $7 million to help scale up a cobalt and nickel processing plant in The Show-Me State. As part of a larger objective to ensure the United States has reliable domestic supplies of the minerals and metals critical to the nation's economy and security, the U.S. Department of Defense has awarded The Doe Run Resources Corp. $7 million to complete a demonstration-scale hydrometallurgical plant for separation of cobalt and nickel at their facility in...
Rare earths recycling partnership is first of many that begins process of a circular economy. Striving toward a truly circular system in the recovery of rare earth elements, ReElement Technologies Corp. announced a partnership with EDP Renewables North America (EDPR NA) to maximize efficiency and sustainability in recycling neodymium-based permanent magnets from decommissioned wind turbines into magnet-grade REEs. The collaboration will leverage the wind energy expertise of...
Ames Lab scientists confirm the first ever unconventional superconductor found in nature. Scientists at the Ames National Laboratory in Iowa have made a world's first discovery – a naturally occurring mineral with superconducting properties similar to the high-temperature superconductors that could revolutionize energy, transportation, and electronics. Superconductive materials can conduct electricity without energy loss. Scientists have already created superconductors in the...
Lithium battery recycling firm details finances, operations, investments, and additional plans to overcome challenging financial landscape. Following the $75 million strategic investment from Glencore plc last week, which was aimed to alleviate some of the pressures the company is feeling due to the higher-cost environment, Li-Cycle Holdings Corp. announced an update on its situation and plans to right-size its recycling enterprise going forward. "Since embarking on our...
U.S. CO2 capture and storage startup raises $80 million from Amazon, Saudi Aramco, others. Though behind on production schedule, CarbonCapture's latest major funding round raised $80 million from Saudi Aramco and other big names such as Prime Movers Lab, Amazon, Siemens Financial Services, Idealab X, and Marc Benioff's TIME Ventures. The startup is now reframing its focus on a massive, industrial application of its modular carbon dioxide-capturing designs. CarbonCapture has...
Quino's first-of-a-kind continuous production organic flow battery process. Quino Energy is a start-up developing water-based redox flow batteries that can cost-effectively store up to 40 hours of electrical energy in organic molecules called quinones. The company upcycles coal and wood tar into these molecules, which are commonly used to make a large variety of natural dyes but also happen to be excellent battery reactants. Mid- to long-duration battery storage solutions...
Materials scientists identified europium as an ideal element for a new material that is a strong candidate for use in quantum memory. Pioneering into the frontiers of technology has scientists venturing deeper into the periodic table to discover elements with properties required for tomorrow's innovations. This is especially true for quantum computers and networks, which demand very specific and unique attributes that require a scientific expedition into unexplored chemical re...
