DAILY INNOVATION BRIEF by Maryanne Kane, Journalist
DAILY INNOVATION BRIEF
By Journalists Edward Kane & Maryanne Kane
MOON MINING - INVESTMENT OPPORTUNITY?
Source: NASA Moon Metals & Resources
- China, India, Europe, the US and Russia are in an intense space race to be the first to start mining the Moon, because the potential is worth many quadrillions of dollars
- Here's what we know:
- Precious rare metals, frozen water and helium are locked in the surface of the Moon and are estimated to be worth many quadrillions of dollars
- An intense competition has erupted among the US, China, India, Russia and Europe to be the 1st to start mining the Moon's surface and stake out the turf as their territory
- 400 public and private missions to the Moon are planned between 2022 and 2032
- The center of focus is the Moon's south pole where India just landed a spacecraft and the NASA Artemis program will land humans in 2025
- Striking claims on the Moon is currently not regulated as international efforts have failed
- Some of the rare, precious metals include platinum, palladium, and titanium that is ten-times richer than found on Earth
- Many of the lunar metals are valuable for the production of smartphones, electronics, hybrid-electric car batteries, advanced computers and other emerging new technologies
- The helium is considered a valuable space fuel source
- Frozen water could sustain human settlements on the Moon and is also an ingredient for rocket fuel
- The Moon holds the potential of tremendous investment value for governments, companies and even individual investors.
THE BIGGEST MARKET FOR A PHYSICAL PRODUCT - HOUSEHOLD CHORE ROBOTS?
- Geordie Rose, CEO of Sanctuary AI, which is engineering a robot to do household chores, told the BBC that household chore robots may emerge as the biggest global product market ever, given that they will do the laundry & all of the house cleaning we don't want to be bothered with
- Rose and other robotic experts believe they will be part of our lives within 10 years
- Here's what we know:
- Vancouver-based Sanctuary AI's household robot is called Phoenix
- It's an AI-driven robotics system that does all the chores at home that we find tedious, burdensome and boring
- It also can work at retail stores performing over 100 tasks, such as tagging, folding and plastic bagging, which is a particularly delicate and difficult task for a robot to do
- Sanctuary AI plans to additionally use film to further train its humanoid robot to be more agile and efficient
- They're in the process of giving Phoenix a sense of touch in order to better handle objects like plastic bags
- Phoenix specs:
- 5'7" tall
- Sensor rich and physically capable
- Maximum payload is 55 lbs.
- Powered by a pioneering AI control system (called by Sanctuary AI Carbon)
- Phoenix points to a future where household chores are done by household robots, which would give all of us a nice sigh of relief and some extra time to just enjoy.
MERCEDES SHOWCASES ITS FUTURE WITH CLA CLASS
- Mercedes Benz CLA Class is MB's next generation of cars, heralding a series of new models
- Here's what we know:
- Will premier this week, as early as tomorrow, at Munich Motor Show
- It's a look at a whole new family of MB cars
- Nothing like CLA's in today's showrooms
- Rides on new architecture called MMA
- Ultraefficient electric powertrain with very long range
- New operating system called MB.OS
- Mercedes will unveil its future generation of models, provide details this week & we'll give you a brief on the latest info.
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