Daily Hard Tech Headlines:
- Canada has signed a US$1.75 billion agreement to acquire Australian over-the-horizon radar technology for Arctic surveillance, marking the largest defense export in Australia’s history.
- Ubotica Technologies secured $11M in funding. The Irish startup develops orbital compute solutions that run AI models aboard satellites.
- Cuprum Metals secured a $19.4 million Series A led by the Lundin Family Office. The startup develops leaching technology to extract copper from complex materials.
- @OrnnExchange secured a $33 million seed round led by @a16zcrypto. The startup is turning GPU compute into a tradable commodity by building a market for compute capacity. Other investors include @galaxyhq, Nordstar, SV Angel, Vine Ventures, @CrucibleCap, Link Ventures, and BoxGroup.
- @OpenAI has launched an AI chip in partnership with @Broadcom.
- @ExRobotics, the rugged robotics startup, has released its ExR-2.5 autonomous inspection robot for the oil and gas market.
- @infleqtion, the quantum technology company, has launched a private-sector coalition focused on quantum-enabled space infrastructure, with founding partners including @voyagertech_, @armada_ai, Monarch Quantum, and the University of Colorado Boulder. Areas of focus include space communications, GPS-independent navigation, precision timing, quantum sensing, and computing.
- @shieldaitech is selling its runway-independent V-BAT UAV to the Polish military.
- Cornell University researchers secured first place in the Farm Robotics Challenge by developing an autonomous robot that kills weeds with electricity.
- @ElementlPower is developing a 1.5 GW nuclear project in Ohio in partnership with GE Vernova Hitachi Nuclear Energy, utilizing its small modular reactor technology.
