Category: 3. Business

  • Cambrian Works Announces Upcoming GigRouter Launch to the International Space Station

    Cambrian Works Announces Upcoming GigRouter Launch to the International Space Station

    LOS GATOS, CA– Cambrian Works, an innovator in technological connections between Earth and space, is proud to announce their GigRouter flight unit is ready for launch aboard Aegis Aerospace’s MISSE-21 carrier. With this launch to kick off their 2025 mission schedule, Cambrian Works is slated to achieve extended space heritage for the first time, expanding the possibilities for Internet-like network connectivity beyond the limitations of land.

    The GigRouter is a pioneering product in space communication devices, aimed at seamlessly integrating edge computing and networking into space systems. As a foundational piece in Cambrian Works’ vision to incorporate the terrestrial internet into space, the GigRouter reaches across spacecraft crosslinks to create a global fabric of widely dispersed space platforms. Bound for the Aegis Aerospace’s MISSE Flight Facility platform on the International Space Station, this is the first GigRouter to see space.

    “After extensive technology validation, comprehensive pre-launch environmental testing, and even radiation testing to validate lifetime and utility in multiple orbits, the GigRouter is ready for flight heritage – the badge of a technology that is ready for operational use in Space,” says Cambrian Works CEO, Victor Aguero. “The long duration operation in space enables us to fully validate performance under real-world effects encountered in Space to ensure our customers that we are ready to support their mission critical communications.”

    Taking off in the fall of this year, the GigRouter will be delivered to the Aegis Aerospace-operated MISSE platform for a six-month tenure in space. In this time, the Cambrian Works team will observe how the system works in the space environment, monitoring containerized applications, collecting telemetry including temperature and radiation data, and testing ethernet bandwidth on its 1 and 10 Gigabit per second ports.

    “For this mission, our first in orbit, we learned to operate ‘hands-off,’” says Integration Lead, Adam Orris. “We practiced this independent approach from the start, when the Aegis Aerospace team smoothly integrated the unit without our assistance. In most of our processes to date, we’ve been able to physically connect our GigRouter to our network to stream telemetry to our custom Console, or gather more detailed telemetry through other web-based tools. Even in long-duration tests where we are disconnected from outside networks, we had the ability to connect a test laptop via the debug terminal or secure shell. But with shared data bandwidth on the Space Station, we can only periodically download or upload files–we have no immediate connection. In preparation for this, we made our software more autonomous and fault-tolerant, with more detailed telemetry available. We also created periodic status messages that can be stored and downloaded. While installed on the station, Aegis Aerospace will provide a data and power interface. We are excited to continue working with the helpful and friendly Aegis Aerospace team as we check in on our GigRouter–our first telemetry from orbit!”

    For more information, contact Simon Lee at info@cambrianworks.com.

    About Cambrian Works
    Cambrian Works is pioneering foundational infrastructure and technology for the nascent space economy. Overcoming the constraints between the ground and space, Cambrian Works provides real-time, resilient, multi-orbit, self-healing mesh networking solutions that expand the terrestrial Internet, network data flow visualizations and management across constellations and multi-orbit regimes, and revolutionary technologies for in-space attachment that enhance space manufacturing capabilities and in-space servicing missions. The Cambrian Works team is dedicated to empowering an in-space, robotic workforce, operable collaboratively and from the ground, building up the machine-to-machine future in space, and addressing the need for seamless information sharing between diverse industries, companies, and domains.

    Cambrian Works is made up of radical engineers and programmers with wide industry experience, joined by their shared goal of forging an in-space economy that enables ideas to flourish, pushing forward a Cambrian explosion of new opportunities in space.

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  • Cutting Open RAN Funds Hurts U.S. Innovation and Helps China

    Cutting Open RAN Funds Hurts U.S. Innovation and Helps China

    Congress is on the verge of hamstringing a key tool in the fight against Chinese tech dominance. Today, Chinese companies, such as Huawei and ZTE, offer full-stack radio-access gear at basement prices, using global scale and unfair government policies to lock in carriers to unsecure equipment and steer emerging standards in Beijing’s favor.

    To counter this threat, technology companies are developing “Open Radio Access Network” (Open RAN) concepts that encourage interoperable interfaces for each RAN component so that mobile networks need not be beholden to any one RAN provider. In an Open RAN framework radios, base-band units, and software can mix and match across vendors—cutting costs, boosting innovation, and diluting single-supplier security risk. But Open RAN also presents technical challenges.

    The United States has been a leader in pushing the frontier of networking components and capabilities, including a $1.5 billion investment to create the Public Wireless Supply Chain Innovation Fund as part of the Chips and Science Act of 2022. The first two rounds have already obligated $550 million across 35 projects, building U.S. testbeds and prototypes. Round 3 drew more than 90 proposals and could award up to $450 million.

    But now, just as funding is rolling out to innovators, Congress is seeking to cut it off. A section of the Senate Commerce portion of the One Big Beautiful Bill Act cuts all the remaining funds for Open RAN innovation. This move would make the United States less innovative and less competitive in the fight against Chinese dominance over wireless communications. As Congress votes on amendments to the full bill it should remove this section of the Commerce Committee’s title to fully fund the Public Wireless Supply Chain Innovation Fund, not cut it off.

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  • Boeing recruits new CFO amid turnaround campaign – Financial Times

    Boeing recruits new CFO amid turnaround campaign – Financial Times

    1. Boeing recruits new CFO amid turnaround campaign  Financial Times
    2. Boeing Announces Chief Financial Officer Transition Plan  Boeing Newsroom
    3. Boeing appoints former Lockheed Martin CFO Jay Malave as new finance chief  Reuters
    4. Boeing Names Ex-Lockheed Martin Executive to Succeed CFO Brian West  WSJ
    5. Ex-Lockheed CFO Malave Heads To Boeing For Top Financial Job  Defense Daily

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  • US Consumer Health Resilient Amid Low Leverage, Stable Labor Market – Fitch Ratings

    1. US Consumer Health Resilient Amid Low Leverage, Stable Labor Market  Fitch Ratings
    2. Consumption: Strong Start to Cooldown  Morgan Stanley
    3. US consumers are cautious but still spending: Visa economist  iHeart
    4. Bracing for a Fed Pivot: How to Play the Consumer Spending Slump and Tariffflation  AInvest
    5. U.S. consumer is going to be squeezed by looming real-income shock, economist says  MarketWatch

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  • Wolfspeed Takes Next Step to Implement Restructuring Support Agreement and Proactively Strengthen Capital Structure – Business Wire

    1. Wolfspeed Takes Next Step to Implement Restructuring Support Agreement and Proactively Strengthen Capital Structure  Business Wire
    2. Chip Supplier Wolfspeed Agrees to Cut $4.6 Billion Debt in Bankruptcy  WSJ
    3. Struggling EV semiconductor company files for bankruptcy  TheStreet
    4. Wolfspeed plans US bankruptcy filing in deal reached with creditors  Reuters
    5. Struggling Semiconductor Firm Wolfspeed Files for Bankruptcy  Mint

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  • Daniel André Stieler – Vale

    Nomination of shareholder: 

    Board of Directors in other listed companies: 

    Skills, knowledge and expertise:  

    Main experience:
     

    Mr. Daniel André Stieler graduated in Accounting Sciences from the Universidade Federal de Santa Maria (“UFSM”) in 1989, completed a postgraduate course in Financial Administration at the Getúlio Vargas Foundation – FGV in 1998, an MBA in Auditing from FGV in 2000, and an MBA in Accounting from Fundação Instituto de Pesquisas Contábeis, Atuariais e Financeiras (“FIPECAFI”) in 2003. He is ICSS-certified, with an emphasis on administration, and IBGC-certified in, as a fiscal director. He is Chairman (since April/2023) and Member (since November/2021) of Vale’s Board of Directors, Coordinator (since May/2023) and Member (since December/2022) of the Nomination and Governance Committee and Member of the Capital Allocation and Projects Committee (since May/2023).  

    His main professional experience in the last 5 (five) years:  

    (i) Coordinator of the Capital Allocation and Projects Committee (December/2022 to April/2023), Member (November/2021 to May/2022), and Coordinator of the Financial Committee (May/2022 to December/2022) and Member of the Nomination Committee (January/2022 to April/2022 and May/2022 to December/2022) of Vale; (ii) Member of the Fiscal Council of Braskem (since April/2024); (iii) President of Caixa de Previdência dos Funcionários do Banco do Brasil – PREVI (June/2021 to February/2023); (iv) Member of the Deliberative Board of Associação Brasileira das Entidades Fechadas de Previdência Complementar – ABRAPP (July/2021 to March/2023); (v) Member of the Board of Directors of Tupy S. A. (April/2022 to April/2023); (vi) Member of the Board of Directors of Alelo S.A. (April/2020 to April/2022); (vii) Member of the Board of Directors of Livelo S.A. (April/2020 to October/2021); (viii) Managing Director (January/2021 to June/2021), Chairman of the Deliberative Board (July/2020 to January/2021) and Member of the Fiscal Council (June/2016 to July/2020) of Economus Social Security Institute; (ix) Member of the Deliberative Board of the Corporate University of Complementary Pension – UniAbraap (February/2021 to June/2021); (x) Statutory Controllership Officer at Banco do Brasil S.A. (July/2019 to January/2021); and (xi) Member of the Fiscal Council of Eternit S.A. (March/2023 to March/2024). 

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  • Boeing appoints former Lockheed Martin CFO Jay Malave as new finance chief – Reuters

    1. Boeing appoints former Lockheed Martin CFO Jay Malave as new finance chief  Reuters
    2. Boeing Announces Chief Financial Officer Transition Plan  Boeing Newsroom
    3. Boeing Names Ex-Lockheed Martin Executive to Succeed CFO Brian West  WSJ
    4. Ex-Lockheed CFO Malave Heads To Boeing For Top Financial Job  Defense Daily
    5. Boeing to Replace CFO Brian West With Former Lockheed Finance Chief  Bloomberg.com

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  • US judge orders Argentina to transfer YPF oil stake to former shareholders – Financial Times

    US judge orders Argentina to transfer YPF oil stake to former shareholders – Financial Times

    1. US judge orders Argentina to transfer YPF oil stake to former shareholders  Financial Times
    2. Argentina Must Turn Over Its 51% Stake in YPF, US Judge Rules  Bloomberg.com
    3. Argentina asks UK court to pause enforcement in $16 billion oil company seizure case  Global Banking | Finance | Review
    4. US judge orders Argentina, facing $16.1 billion judgment, to give up YPF stake  Reuters
    5. Argentina Claims Sovereign Immunity In $16B Oil Biz Dispute  Law360

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  • FDA eliminates REMS for approved CAR-T therapies

    FDA eliminates REMS for approved CAR-T therapies

    FDA eliminates REMS for approved CAR-T therapies | RAPS

    Regulatory NewsBiologics/ biosimilars/ vaccinesBiotechnologyCBERHuman cells, tissues, and cellular and tissue-based products (HCT/Ps)Quality Assurance and ControlRegulatory Intelligence/PolicyREMSRisk managementUnited StatesUS Food and Drug Administration (FDA)

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  • Apple weighs using Anthropic or OpenAI to power Siri in major reversal, Bloomberg News reports – Reuters

    1. Apple weighs using Anthropic or OpenAI to power Siri in major reversal, Bloomberg News reports  Reuters
    2. Apple Weighs Using Anthropic or OpenAI to Power Siri in Major Reversal  Bloomberg.com
    3. Our Testing Found That Siri Is a Search Tool, Not an AI Assistant  Deepwater Asset Management
    4. Apple up 3% at 5-week high after report of ‘major reversal’ in Siri AI strategy  TipRanks
    5. Tech evolution: Did Apple blink or think different in the race for artificial intelligence?  Mint

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