Capital Mobility

CoreTigo Raises $ 13 Million in Series B Funding Led by Cardumen Capital and Verizon Ventures

CoreTigo’s innovative IO-Link wireless technology creates a range of new and robust wireless solutions previously not possible in the industrial space for real-time control and monitoring. The company’s solutions revolutionize factory automation by providing wired-grade wireless connectivity that enables the most adaptive and flexible machine design; intelligent and modular production …

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Benchmark Space Systems unveils space mobility activity as a service

TAMPA, Fla – Satellite propulsion start-up Benchmark Space Systems has secured customers for a new ‘mobility as a service’ business, which, similar to a cab ride, will charge them based on the amount of thruster that they use. Benchmark, based in Burlington, Vt., Said its space mobility service significantly reduced …

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Mayor – News – June 2021 – City of New Orleans continues to monitor potential for Tropical Cyclone Three and braces for rain

NEW ORLEANS – The city of New Orleans continues to monitor potential Tropical Cyclone Three, a tropical disturbance in the Gulf of Mexico that is likely to bring heavy rains and flooding to New Orleans as early as tomorrow. A tropical storm warning and flash flood watch were issued from …

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Renault expands mobility services as COVID restrictions ease

PARIS – Renault Group announces that it is expanding its short-term rental program, known as Zity, beyond current operations in Paris and Madrid to capture an expected boom in vehicle rentals amid pandemic restrictions relax. “It is restarting very, very well,” Clotilde Delbos, deputy managing director of the Renault group …

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Hellas Direct, a technology-driven insurance company with offices in Greece, acquires 32 million euros in capital

Hellas Direct, a technology-driven insurance company with offices in Greece and Cyprus, reveals that it has acquired € 32m in equity in its latest funding round, bringing the total raised by the company to 56 million euros. Hellas Direct also hosted the European Bank for Reconstruction and Development (EBRD) to …

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Construction at night arrives on 30th Street in North Park, South Park – NBC 7 San Diego

After experiencing a major water line replacement project along the 30th Street Corridor, residents of North Park south to Juniper Street in the area must now prepare for construction at night. Next week, San Diego will begin repaving and redeploying the street south of Polk Avenue to Juniper Street, adding …

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For those on the verge of rocking, Nwaka Onwusa is a pivotal figure

The Washington Post examines how Ohio and other states “are trying to make it harder for needy families to access federal food assistance programs.” From the article: Republican lawmakers in Ohio, Arizona, Arkansas, Missouri, Montana and others have proposed more restrictive policies to qualify for food aid, cutting benefits to …

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Xos Highlights How Its Flexible Manufacturing Strategy Is More Cost and Time Efficient

LOS ANGELES–(COMMERCIAL THREAD) – Xos, Inc., a leading manufacturer of Class 5-8 fully electric utility vehicles (“Xos” or the “Company”) which recently announced a proposed business combination with NextGen Acquisition Corporation ( NASDAQ: NGAC) (“NextGen”), highlighted how its flexible manufacturing strategy, factory management systems and line design will reduce costs, …

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Indonesia’s central bank keeps policy rate at record high amid rupee and virus concerns

The Bank of Indonesia (BI) kept the benchmark 7-day repo rate at 3.50% for a fourth consecutive meeting, as predicted by 26 economists in a Reuters poll. Its other two main rates also remained unchanged. Gov. Perry Warjiyo has reiterated his commitment to keeping interest rates low and liquidity plentiful …

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The state of the autonomous vehicle industry in 2021

This article was written by Marc Amblard, Founder & CEO, Orsay Consulting on Urban Mobility Daily, the content site of the Urban Mobility Company, a Paris-based company that advances mobility businesses through physical and virtual events and services. Join their community of more than 10,000 global mobility professionals by subscribing …

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