DTN 023: America aims for nuclear-power renaissance

Plus: Annoyed janitor destroys decades of cryo research, Virgin Galactic launches first space tourists, AI generated nanoparticles, and more.

Welcome to The Deep Tech Newsletter, a weekly exploration of the business, science, and engineering behind the world’s most important frontier technologies.

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The Big Picture

America aims for nuclear-power renaissance

“The need to limit greenhouse-gas emissions has spurred liberals, historically wary of nuclear’s toxic-waste problem, to rethink their stance. In America 46% of Democrats favour using nuclear energy for electricity, the highest proportion in a decade. Republicans have long approved of it. But the biggest reason for celebration is the billions of dollars the Biden administration is pumping in through the Inflation Reduction Act (ira), which made nuclear power eligible for the same tax credits as renewables like wind and solar; and the Infrastructure Investment and Jobs Act of 2021, which created a $6bn fund to help keep existing plants running. The administration is even offering developers a bonus tax break if they build reactors in fossil-fuel areas, such as a coal-mining town, to funnel workers into green jobs.” (The Economist)

Annoyed janitor turns off cryo-freezer destroys decades of scientific work

“A custodial worker switched off a super-cold freezer in a Rensselaer Polytechnic Institute lab — destroying decades of scientific research and causing a least $1 million in damage. The freezer contained cell cultures, samples and other research elements that were stored at minus-112 degrees Fahrenheit until September 2020, when an employee turned off a circuit breaker. That caused the temperature to rise to a relatively toasty minus-25.6 degrees Fahrenheit, and resulted in the materials being damaged or destroyed.” (Times Union)

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Deep Tech News

• Virgin Galactic completes first suborbital tourist flight

• Joby Aviation rolls first eVTOL off production line and is already FAA certified to begin test flights

• Lasers enable satellite internet backbone, might remove need for deep-sea cables

• Spain delays rocket launch until Sept over wildfire risk

• A simple urine test for low-cost cancer diagnosis

• Zoox begins testing robotaxis on public roads in Las Vegas

• NASA to conclude all electric X-57 Maxwell aircraft program

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Crypto News

• Kraken Ordered to Hand Over User Information to IRS

• North Carolina Reps Suggest Adding Bitcoin, Gold to State Treasury

• SnarkOS: A Decentralized Operating System for Zero-Knowledge Applications

• Fidelity preparing to submit spot bitcoin ETF filing: Source

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Peer Review

• AI-generated nanoparticles prove capable of delivering modern medicines to diseased cells

• New single-photon Raman lidar is practical for underwater applications

• Scientists edge toward scalable quantum simulations on a photonic chip

• Physicists discover a new switch for superconductivity

• Research proposes extending Earth's internet to Mars with orbital data servers

• Honey bees make rapid, accurate decisions and could inspire future of AI

• Researchers make a quantum computing leap with a magnetic twist

• Solid-State Batteries Get Another Step Closer — “Breakthrough in Stabilization”

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Funding x M&A

DEEP TECH

• GM buys Algolion, a software startup that predicts EV battery fires

• Scriptic raises $5.7M for user-generated games using generative AI

• Material Evolution raises $19M to decarbonise the cement industry

• Ramon.Space raises $26M to take on-orbit computing infrastructure to the next level

• Realtime Robotics drums up another $9.5M

• Joyful Ventures debuts with $23M focused on investment in sustainable protein startups

• Augmedics snaps up $82.5M to advance spinal surgery using AR and AI

• Despite EV delivery delays, Faraday Future raises $90M to stay afloat

• AI startup Inflection raised a $1.3B round at a $4B valuation

• GeologicAI, a startup using AI to digitize rocks and minerals, raised a $20M Series A

• Carbon recycling startup CRI raised $30M

• Contoro Robotics, a startup augmenting robot intelligence with AI, raised a $4.7M seed round

• Astraveus, a startup creating automated microfluidic cell factories, raised an $18.1M seed round

CRYPTO

• Bitpanda’s crypto exchange separates from Bitpanda and secures $33M

• Web3 gaming firm Mythical Games raises $37M

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Miscellanea

First electric bike with ChatGPT unveiled / Natural language is an unnatural interface / Thousands of species of animals probably have consciousness / A 'Captured' Alien Planet May Be Hiding at the Edge of Our Solar System / The Emergent Industrial Metaverse / How the Military Is Using E-Girls to Recruit Gen Z into Service / A 25-Year-Old Bet about Consciousness Has Finally Been Settled / How uploading our minds to a computer might become possible / I Built Linux from Scratch

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