Tag Archives: funds

Chinese funds invest in US tech despite Washington curbs

Washington: Chinese state-backed funds are still scouring the US for investments in critical technologies despite stiffer restrictions on such deals. Pixelworks, Black Sesame Technologies and LightIC Technologies, three companies in the sensitive US semiconductor sector, have attracted investment in recent months from some of China’s government-guided funds. The strategic investment …

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DOJ bans use of grant funds for certain foreign-made drones

ai drones

The Justice Department’s Office of Justice Programs (OJP) announced Thursday that it had issued new guidance banning the use of agency grants to purchase drones and other unmanned aerial systems from foreign groups deemed threats.  The guidance, issued Monday but made public on Thursday, is meant to address potential cyber …

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04/04/2019 | Funds For Airport Upgrades Sought

SALISBURY – A request for additional funds to fix a deteriorating electrical system at the Salisbury airport this week highlighted the need for extensive capital improvements at the facility. On Tuesday, the Wicomico County Council approved a request from Airport Manager Dawn Veatch to use $46,770 from contingency funds to …

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CIT GAP Funds Invests in DroneUp to Revolutionize Commercial…

CIT GAP Funds Invests in DroneUp to Revolutionize Commercial Drone Pilot Services – EIN News Trusted News Since 1995 A service for global professionals · Thursday, February 7, 2019 · 475,961,364 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences

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Britain funds research into drones that decide who they kill…

Technologies that could unleash a generation of lethal weapons systems requiring little or no human interaction are being funded by the Ministry of Defence, according to a new report. The development of autonomous military systems – dubbed “killer robots” by campaigners opposed to them – is deeply contentious. Earlier this …

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