Asteroid Mining, Bitcoin From Oil Wells, and Big Tobacco's Bet on Cannabis Brands

Asteroid Mining Missions Are Coming

Astroforge is preparing to launch their first asteroid mining mission, with one of their rockets attaching to an upcoming SpaceX launch. The initial mission is focused on validating the mining potential of a specific asteroid through using specialized cameras to evaluate the geologic structures.

Excess Gas From Oil Drilling is Powering Bitcoin Mining

Tecpetrol, the Argentinian oil giant, has launched a pilot project that will see their excess gas from operations used to power Bitcoin mining. The move showcases the emerging trend of finding power sources for Bitcoin mining that simultaneously lower harmful emissions.

British American Tobacco is Betting Big on Cannabis Brands

British American Tobacco (NYSE:BTI) has announced a $124.6 million investment into Canadian cannabis company Organigram (NASDAQ:OGI). Teh investment is primarily focused on on developing a new strategic pool of capital that can expand the company’s brands and product offerings.

The Sprint

• Microsoft has lead a $100 million investment round in Photonic, a quantum computing startup based in British Columbia, Canada.

• Electric Hydrogen became the first company in the green hydrogen space to reach a $1 billion valuation.

• BRINC has launched new AI powered drone hardware designed to aid law enforcement, fire departments, and search and rescue teams in dangerous situations.

• Amatera completed a pre-seed funding round that aims to utilize crop technology to build coffee varieties that are better for the environment.

Trending Now

• Dallas Cowboys’ Owner Enters New Esports Phase

• YCombinator is Obsessed With Artificial Intelligence

• The World’s Largest Lab Grown Beef Facility