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America Goes Offshore For Wind Energy, The Psychedelic Biotech Revolution, and AI For Nuclear

Uncovering the world’s most exciting early stage companies. Discover what’s next.

March 22, 2024

America’s First Offshore Wind Farm

Ørsted and electricity company Eversource (NYSE:ES) have collaborated to officially launch the first offshore wind farm in the United States. The project is 35 miles off the East coast of Long Island, New York, and is the first of several commercial scale wind farms that the government has approved. Ørsted’s technology makes it possible for offshore wind to generate electricity at cheaper costs than newly constructed fossil fuel power generation facilities.

Psychedelics Are On The Verge Of Creating A Biotech Revolution

Psychedelic drug developers have been on a rapid rise lately, with multiple new Breakthrough Therapy designations from the FDA and significant venture capital raises. Overwhelming evidence for the therapeutic potential of psychedelic derived medicines is mounting, with formal drug approvals in North America looking imminent for the first time ever.

Using Artificial Intelligence To Accelerate Nuclear Energy Infrastructure

Atomic Canyon has emerged from stealth and unveiled Neutron, their AI platform trained on over 52 million pages of information from the US Nuclear Regulatory Commission. The startup aims to leverage the dataset to dramatically accelerate timelines for the highly complex regulatory process of proposing and building out new nuclear power infrastructure.

The Sprint

The Markets: This Week

+37.5% | First Tellurium (CSE:FTEL). The company recently held a demonstration for a new lightweight thermoelectric generator that could unlock potential breakthroughs in the solar energy and drone industries.

+7.4% | Gryphon Digital Mining (NASDAQ:GRYP). Gryphon is focused on mining carbon neutral Bitcoin as the industry continues to expand and upgrade equipment.

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