Tags energy

Oak Ridge National Lab officials view new innovation push as modern day 'Manhattan Project'

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OAK RIDGE, Tenn. — The U.S. government has perhaps its best chance in recent decades to drive technological innovation, Oak Ridge National Laboratory (ORNL) officials told leaders of the departments of Defense and Energy on Wednesday, with some likening it to the push for new capabilities during the World War II era. That Tennessee-based lab has roots that trace back to massive investments during the 1940s supporting the Manhattan Project…

New $1B NATO innovation fund will back wide range of emerging tech

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NATO leaders on Thursday officially launched a $1 billion innovation fund that will invest in companies working on a slew of dual-use technologies with great military potential. Billed as the world’s first “multi-sovereign” venture capital fund involving 22 nations, it is intended to make long-term investments in startups and other entities developing emerging technologies that the alliance is interested in including artificial intelligence, autonomy, big-data processing, quantum-enabled technologies, biotechnology and…