TECHNOLOGY

Silverwell Technology Inc. has extended the global frontiers of its digital intelligent artificial lift (DIAL) gas lift production optimization system to Africa. It is estimated that using DIAL will enhance the net present value of each well by up to $50 million over their lifetime. The contract is expected to lead to further adoption of DIAL in West Africa and across the continent.
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2 years ago Read more at WorldOil

The Offering is being conducted on a firm commitment basis. The Company has granted EF Hutton LLC an option to purchase up to 300,000 Ordinary Shares at the Public Offering Price, less underwriting discounts, to cover the over-allotment option, exercisable within 45 days from the closing date of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties.
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2 years ago Read more at Yahoo Finance

The Offering is being conducted on a firm commitment basis. The Company has granted EF Hutton LLC an option to purchase up to 300,000 Ordinary Shares at the Public Offering Price, less underwriting discounts, to cover the over-allotment option, exercisable within 45 days from the closing date of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties.
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2 years ago Read more at GlobeNewswire

AFWERX AFVentures releases notice of opportunity for space technology submissions. STRATFI provides $3 million to $15 million in funding over 48 months. TACFI provides between $375,000 and $1.9 million over 24 months - the program year 24.2.
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2 years ago Read more at Executive Gov

The City of Tye has held multiple meetings to discuss plans to fix the streets. The city says it's time to buckle up and prepare for smoother rides as they begin phase one of the road repirs. Nexco Highway Solutions of America uses Artificial Intelligence to provide pavement condition ratings.
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2 years ago Read more at KTXS

Sheriff’s Department spokeswoman Pam Jones said an officer received an alert to be on the lookout for a stolen vehicle heading eastbound on the Borman expressway. The officer found the vehicle and attempted to make a traffic stop, but the driver sped away. Officers then performed a maneuver to stop the vehicle, Jones said.
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2 years ago Read more at Chicago Tribune

The flying car, known as the AirCar, is a Slovakian-designed two-passenger vehicle with four wheels that transforms into a road-legal vehicle on the ground in just under three minutes. It’s capable of flying about 600 miles at a height of 8,200 feet and was developed by Professor Klein and its co-founder, Anton Zajac of Klein Vision. The firm purchased exclusive rights to manufacture and use AirCar aircraft inside an undisclosed area.
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2 years ago Read more at New York Post

The Air Force Research Laboratory, or AFRL, will feature several space-related technologies and programs during the 39th Space Symposium at the Broadmoor, Colorado Springs, Colorado, April 8-11, 2024. Panel discussion topics will include critical technology areas for each lab as well as creating a robust science and technology ecosystem, expectations for 2040 and beyond. The Space Symposium is focused on Space Situational Awareness, Rapid Response and Space Support to the Joint Force.
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2 years ago Read more at afmc.af.mil

Naval Research Lab relies on collaboration and partnerships with industry to fulfill the Navy's R&D needs. Some data shows that 97% of research-and-development spending takes place in the private sector with just 3% happening in the Defense Department. The NRL has 2,700 government employees and 1,300 contractor employees. Its focus is on basic research to look at large complex problems.
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2 years ago Read more at Washington Technology

The Defense Advanced Research Projects Agency has transitioned newly developed defensive capabilities to the Chief Digital and Artificial Intelligence Office. The GARD program is focused on building defenses against adversarial attacks on AI systems, a senior official said. It’s just one example of DARPA’s pursuit of new artificial intelligence-related technologies.
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2 years ago Read more at DefenseScoop