tech:

taffy

Endeavor Robotics awarded contract to develop ‘back-packable’ robot

Endeavor Robotics has won the Engineering Manufacturing Development (EMD) contract for the US Army’s Common Robotic System–Individual (CRS-I) program. Endeavor is one of the two finalists sharing the $429 million awarded contracts to compete for the Common Robotic System-Individual (CRS-I) production program.

Final award of the production contract will occur after the EMD down-select for full delivery of over 3,000 robots, said the company in a statement. The down-select award is scheduled to be announced during the second quarter of GFY-2019.

CRS-I is designed to be a ‘back-packable’ robot weighing less than 25 lbs. and will feature a common platform so operators in the field can reconfigure it by adding or removing different modules and payloads.

[Image courtesy: Endeavor Robotics]

 

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.