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Tag: Technologies

Logos Technologies gets DARPA contract for SilentHawk motorcycle

Logos Technologies gets DARPA contract for SilentHawk motorcycle

Business
Sept. 15 (UPI) -- Logos Technologies is receiving a second Phase 2 contract from the Defense Advanced Research Projects Agency for the development of the SilentHawk hybrid electric motorcycle.The motorcycle combines a RedShift MX racing bike produced by Alta Motors with a front-wheel drive system and range extender developed by Logos. It is designed to produce minimum engine noise for use by soldiers behind enemy lines."In 'silent' mode, when the range-extension genset is off, SilentHawk is about as loud as a normal office conversation," said Dale Turner, SilentHawk program manager."When the rider is out of harm's way, and the range-extension system is engaged to charge the motorcycle's propulsion battery and to provide auxiliary power for equipment, it's still only as loud a vacuum cleane...
Technologies like A.I., blockchain and drones ‘majorly’ disrupting insurance industry, report says

Technologies like A.I., blockchain and drones ‘majorly’ disrupting insurance industry, report says

Finance
Insurance firms are facing increasing competitive pressure on all fronts due to the emergence of a number of insurance technology (insurtech) start-ups, according to a report.With the integration of technologies like artificial intelligence, blockchain and drones entering the insurance mix, the sector is being forced to rethink its model.The World Insurance Report, published Wednesday by consulting giant Capgemini and non-profit industry body Efma, found that nearly one third (31.4%) of customers relied on insurtech solutions - either exclusively or in combination with an established insurance company."Customers are seeking more digital touch points for convenience, as customers experience in their daily lives that degree of personalization," Keith Webb, vice president at Capgemini and co-...