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Tag: unveils

Boeing unveils UAV prototype for cargo, logistics use

Boeing unveils UAV prototype for cargo, logistics use

Business
Jan. 11 (UPI) -- Boeing has unveiled a new unmanned electric vertical-takeoff-and-landing, or eVTOL, cargo air vehicle prototype that it plans to use to test and evolve future autonomous technology."This flying cargo air vehicle represents another major step in our Boeing eVTOL strategy," Boeing Chief Technology Officer Greg Hyslop said in a company press release "We have an opportunity to really change air travel and transport, and we'll look back on this day as a major step in that journey."The eVTOL cargo air vehicle, announced on Wednesday, is designed to transport a payload up to 500 pounds, and will aid in future cargo and logistic applications, the company said.The transport is powered by an environmentally-friendly electric propulsion system and has eight counter rotating blades al...
Samsung Unveils Futuristic Modular TV at CES

Samsung Unveils Futuristic Modular TV at CES

Finance
Shutterstock photoOn the eve of the Consumer Electronics Show (CES) in Las Vegas, Samsung unveiled what can only be described as a radical departure from the traditional TV business: a modular TV that can scale to any possible size, giving consumers the ability to buy as many bezel-less modules as they want to combine to a custom-sized screen optimized for their living rooms."Screens should not be limited by size," said Jonghee Han, president of the company's visual display unit. "Instead, they should blend into any home."Samsung still presented the new modular product the way TVs are traditionally being shown off at CES: with an ours is bigger than theirs attitude. The screen on stage measured a whopping 146 inches. It was billed as "The Wall," with a spokes...
SpaceX unveils new Falcon Heavy rocket before January launch

SpaceX unveils new Falcon Heavy rocket before January launch

Technology
SpaceX unveiled its new Falcon Heavy rocket on Wednesday, a month before its first launch. Photos posted by SpaceX chief executive Elon Musk show the new rocket inside its Florida hangar. Missing is the cargo for the January test flight. Musk has said the Falcon Heavy will launch his own cherry-red Tesla Roadster into space. First, SpaceX will test-fire the rocket's 27 engines at the pad; the company is aiming to do that by the end of the month. The launch is planned for a few weeks after the test. Falcon Heavy is essentially the company's Falcon 9 times three. It features three Falcon 9 first-stage boosters joined together with a second-stage on the middle one. It also has three times more engines. The Falcon 9 is now used to hoist satellites and supplies to the International Space Stati...
Venezuela unveils virtual currency amid economic crisis

Venezuela unveils virtual currency amid economic crisis

Technology
Venezuelan President Nicolas Maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis.He said the Petro would be backed by Venezuela's oil, gas, gold and diamond wealth.Opposition MPs, however, poured scorn on the plan.Venezuela's economy has been hit by falling oil revenue and the plummeting value of its existing currency, the bolivar.President Maduro has also railed against US sanctions which he describes as a "blockade".In a televised announcement on Sunday, Mr Maduro said the new crypto-currency would allow Venezuela "to advance in issues of monetary sovereignty, to make financial transactions and overcome the financial blockade"."The 21st Century has arrived!" he added to cheers from supporters.Venezuela: To default or to payVenezuela ...
Elon Musk unveils Tesla Semi electric truck

Elon Musk unveils Tesla Semi electric truck

Technology
Electric car specialist Tesla has unveiled a prototype for a truck equipped with a semi-autonomous driving system that it will start producing in 2019.The company's chief executive, Elon Musk, revealed the big-rig truck, dubbed the Tesla Semi, to car owners and potential buyers at a Los Angeles airport hangar.He said the electric trucks were behind the car manufacturer's latest efforts to move industries away from using fossil fuels.Tesla's latest venture has been greeted with some trepidation from analysts, who fear it could be an expensive distraction for the company, which has never published an annual profit.It also has to convince the trucking business it can build an affordable electric truck with the cargo capacity to compete with cheaper diesel alternatives.Video:Tesla's electric t...