The Great Green Wall. Africa’s answer to fight desertification.
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The Australian company LAVO has developed a hydrogen storage system for domestic solar systems. It is the world’s first integrated hybrid hydrogen battery that combines with rooftop solar to deliver sustainable, reliable, and renewable green energy to your home and business. Developed in partnership with UNSW, Sydney, Australia, and Design + Industry, the Hydrogen Battery System from LAVO consists of an electrolysis system, hydrogen storage array, and fuel cell power system rolled into one attractive cabinet. When the electricity from the solar system on the roof is not needed, it is stored in the form of hydrogen. This then serves as fuel for the fuel cell when the solar system is not supplying electricity.
However, LAVO’s hydrogen hybrid battery delivers a continuous output of 5 kW and stores over 40kWh of electricity – enough to power the average Australian home for two days on a single charge. The system is designed to easily integrate with existing solar panels, creating a significant opportunity for LAVO to have an immediate and notable impact. There are Wi-Fi connectivity and a phone app for monitoring and control, and businesses with higher power needs can run several in parallel to form an intelligent virtual power plant.
Hydrogen is often incorrectly seen as an unsafe fuel, usually due to the 1937 Hindenburg disaster. However, the company says any leaks will disperse quickly, though, making it inherently no more dangerous than other conventional fuels such as gasoline or natural gas. This innovation has a lifespan of approximately 30 years, which is three times longer than that of lithium batteries, thanks to its reliance on hydrogen gas rather than the chemicals in a conventional battery.
According to the manufacturer, LAVO’s hydrogen storage should be ready for installation by the middle of this year. It costs AU$34750 (US$26900) for the first 2500 units and will require a fully refundable deposit to secure your LAVO pre-order. In the coming year, the price is expected to drop to AU$29450 (US$22800).
Up, up, and away.
Launching satellites is an expensive business — at least for now. But satellites are necessary in astronomy for one major reason — they get telescopes above the atmosphere.
Launching satellites is an expensive business – at least for now. But satellites are necessary in astronomy for getting telescopes above the atmosphere.
Rising life expectancy and falling birth rates mean the world’s average person is getting older. It also means they will be working a lot longer. How people cope with this reality will be vital to the global economy, and perhaps an historic opportunity to rethink the future of work.
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French Gates and Scott, who were formerly married to Seattle-based tech founders Bill Gates and Jeff Bezos, respectively, have become powerful philanthropists in their own rights. Both women, who are among the richest people in the world, have signed The Giving Pledge, promising to give away the majority of their wealth in their lifetimes.
In a powerful philanthropic pairing, Melinda French Gates and McKenzie Scott have teamed up to direct $40 million to advancing the power and influence of American women over the next decade.
The donation is being awarded to winners of the Equality Can’t Wait Challenge, a competition hosted by French Gates’ investment firm Pivotal Ventures, with financial support from Scott and her husband, Dan Jewett, as well as from the Charles and Lynn Schusterman Family Philanthropies. The challenge billed itself as “the first competition centered on gender and equality in the U.S. with an award of this magnitude and … an opportunity to invest in and empower women leaders.”
The four contest winners — which were chosen from among 550 applicants — proposed various creative ways to empower and improve the lives of women and gender non-conforming people in the United States. They include establishing publicly supported infrastructure for childcare and other forms of caregiving; creating training for women interested in software development careers; accelerating young women’s trajectories through college and their early careers; and growing “impactful businesses owned by Native womxn.”
Austin-based Silicon Labs has sold its infrastructure and automotive business for $2.75 billion to California-based semiconductor maker Skyworks Solutions. Plans for the all-cash deal was initially announced in April.
Silicon Labs primarily designs semiconductors and other silicon devices. CEO Tyson Tuttle said the deal will allow the company to focus on its growing Internet of Things business. Internet of Things, or IoT as it is known in industry shorthand, refers to a range of non-computing devices —from kitchen devices to security systems — that connect to the Internet.
Silcon Labs’ IoT business already serves tens of thousands of customers and works in thousands of applications, but the deal narrows Silicon Labs focus exclusively to that technology.
Risky business.
With chip shortages ongoing, some companies are having to change their plans, but could these gambles really pay off?
Big shift in the making.
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Money will be used to ramp up the rollout of battery-free sensor tags and novel, AI-based sensing as a service business model.
Wiliot — the IoT startup that has developed a new kind of processor that is ultra thin and light and runs on ambient power but possesses all the power of a “computer” — has picked up a huge round of growth funding on the back of strong interest in its technology, and a strategy aimed squarely at scale.
The company has raised $200 million, a Series C that it will use toward its next steps as a business. In the coming months, it will make a move into a SaaS model — which Wiliot likes to say refers not to “software as a service,” but “sensing as a service,” using its AI to read and translate different signals on the object attached to the chip — to run and sell its software. This will be combined with a shift to a licensing model for its chip hardware, so that they can be produced by multiple third parties. Wiliot says that it already has several agreements in place for the chip licensing part. The plan is for this, in turn, to lead to a new range of sizes and form factors for the chips down the line.
Softbank’s Vision Fund 2 led the financing, with previous backers — it’s a pretty illustrious list that speaks of the opportunities ahead — including 83North, Amazon Web Services, Inc. (AWS), Avery Dennison, Grove Ventures, M Ventures, the corporate VC of Merck KGaA, Maersk Growth, Norwest Venture Partners, NTT DOCOMO Ventures, Qualcomm Ventures LLC, Samsung Venture Investment Corp., Vintage Investment Partners and Verizon Ventures.
