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Rock Retrieval From Mars, AI Robot Bartenders, And Big Tech's Nuclear Obsession

Rock Retrieval From Mars, AI Robot Bartenders, And Big Tech's Nuclear Obsession

The markets and trends that matter, made simple. Discover what’s next.

October 08, 2024

Rocket Lab Lands NASA Deal To Bring Rock Samples Back From Mars

Rocket Lab USA (NASDAQ: RKLB) has been selected by NASA to leverage their space technology to retrieve rock samples from Mars and bring them back to Earth for the first time ever. If successful, the mission could unlock a new level of understanding around Mars and potentially even help provide insight into whether life has ever existed on the planet.

AI Powered Robot Bartenders Are Scaling Up

RichTech Robotics (NASDAQ: RR) landed a new distribution deal with commercial robotics delivery company Sproutmation for their Scorpion robot bartender. Through leveraging artificial intelligence and machine learning capabilities, the Scorpion robot is capable of detecting and responding to voice commands as well as accurately interpreting gestures and facial expressions.

Big Tech Is Becoming Obsessed With Nuclear Energy

Publicly traded technology giants have been making new deals focused on nuclear energy, which is a significant paradigm shift for the future of the global energy transition and low carbon power. Microsoft, Amazon, and Oracle have recently inked groundbreaking deals for nuclear power to supply data centres, and tech visionaries such as Bill Gates and Sam Altman have made significant investments in nuclear power companies.

The Sprint

IBM (NYSE: IBM) has officially opened their first European based IBM Quantum Computer Data Centre located in Ehnigen, Germany.
Costco (NASDAQ: COST) has begun selling platinum bars for the first time ever in the United States of America, following the high demand for their gold bars and silver coins.
Montauk Renewables (NASDAQ: MNTK) launched a new collaboration with MIT spinout Emvolon to recover and convert biogas into carbon negative green methanol.
LightPath Technologies (NASDAQ: LPTH) has been awarded more funding from the United States Department of Defense for advancing their novel optical technology known as BlackDiamond glass.
The Duckhorn Portfolio (NYSE: NAPA) agreed to be acquired by Butterfly Equity in an all cash deal valued at $1.95 billion.
Li-FT Power (TSXV: LIFT) released their first ever mineral resource estimate for their flagship lithium property known as the Yellowknife Lithium Project located in the Northwest Territories, Canada.
Voliro raised $12 million in a Series A financing round to advance their drones that are purpose built for monitoring energy infrastructure.

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