Important Innovations

  Chevron & Carbon Capture Technology                                                                           Source:  Oil Refinery Stock Image Blue Planet US major oil company Chevron disclosed that it is investing in San Jose, CA based Blue Planet Systems Company.  Blue Planet is a startup that develops and manufactures carbon capture technology.  The technology cuts the carbon output of industrial processes in order to reduce their carbon footprint.  Chevron is making the investment through its Future Energy Fund. The Fund focuses on new, innovative lower carbon technologies being developed by startups that can scale up commercially.  The two companies plan to collaborate on pilot projects with the new carbon capture technology in certain locations.  Chevron did not disclose the amount of  the investment. Big Oil Looking For Low Carbon Solutions Chevron is a traditional fossil fuel energy company.  It and other major oil companies are under growing pressure from investors to c

Plans to Remove Carbon from Atmosphere with Target Dates Source:  Microsoft Commitment from the Top Microsoft has joined the fight against Climate Change in a big way.  It just announced that by 2030 it will have removed more carbon from the atmosphere than it emits.  And, by 2050, it hopes to have taken out as much CO2 as all the direct emissions the company has made since its founding in 1975. Very Different, Innovative Approach The world's largest software company's approach to fighting Climate Change is quite different and innovative.  Most companies promise to cut ongoing emissions or prevent new ones.  By contrast, Microsoft's pledge to remove existing carbon from the atmosphere is unique for corporate America. CEO Leadership The commitment to fighting Climate Change is coming from Microsoft CEO Satya Nadella.  Speaking today at Microsoft's Redmond, Washington headquarters, he said we, as a global company, have to offset the damag

Banks on Voyage's Autonomous Technology Source:  Voyage Funding to Commercialize Luxury automotive maker Jaguar Land Rover, headquartered in Coventry, England, is investing in autonomous vehicle startup Voyage.  Voyage is headquartered in the San Francisco Bay Area.  They say their cars are equipped with state of the art, advanced sensors, giving a 360 degree picture of the world hundreds of  meters around the car.  They're also using machine learning to develop state of the art perception models. To Introduce G3 Self-Driving Vehicle The fresh funding will be used to bring Voyage's technology into commercialization, expand production of its fleet of G2 self-driving vehicles and introduce its G3 autonomous vehicle.  This is a follow-on investment by Jaguar Land Rover's VC arm InMotion Ventures.  The round of fundraising is being led by Franklin Templeton with $52 million raised so far. Voyage Will Roll-out Its Community Vehicles First Voyage's first dri

Israeli Startup TriEye's Breakthrough Sensor Technology for Greater Driving Visibility Source:  TriEye Porsche Investing and Banking on It Israeli startup TriEye is aptly named.  It has developed what Porsche believes is sensor technology with great potential for the next generation of driver assistance systems and autonomous driving systems.  Porsche just invested in the company.  TriEye uses HD cameras to provide unprecedented visibility during bad driving conditions like fog, strong storms and night driving with limited light.  The system has been proven to work and is ready for mass production.  For more news on this innovation from Israel, go to Important Innovations Collection: Porsche Invests in Road Visibility Advanced System... : Israel's TriEye Unique Sensor Technology for Driving Visibility Source:  TriEye Clearly Seeing the Road in the Worst Driving Condi...