Long Beach, California
Coverage of Long Beach, California in the Nexus archive.
- In addition to space stations, Vast says it will now build high-power satellites
Vast Space successfully launched and tested a small demonstration spacecraft, completing dozens of test objectives, and now plans to build high-power satellites. The company will sell high-powered satellite buses, diversifying its products. Vast Space's CEO, Max Haot, believes diversification is key to success.
- Hedge Fund Beats Peers With Bets on Oil Tankers While Cutting AI
A hedge fund has made successful bets on oil tankers amidst a global fuel crunch sparked by the near closure of the Strait of Hormuz, resulting in soaring prices for consumers. The situation is affecting the price of crude oil, with tankers such as the Sea Voyager being anchored off ports like the Port of Long Beach. This development has significant implications for the energy market.
- How do you design a $30,000 electric pickup? Inside Ford's skunkworks.
Ford is developing a $30,000 electric pickup despite a bleak US market, with its Universal Electric Vehicle platform designed to underpin all future electric vehicles. The project is being led at Ford's Electric Vehicle Development Center in Long Beach, California. The current administration has rescinded federal tax credits for EVs, making adoption more challenging.
- Inside the lab where Ford is trying to crack the code on cheap EVs
Ford is working on a Universal EV platform development in a skunkworks facility to crack the code on cheap EVs. The company has been sending mixed signals about its EV future, but a recent tour of its Electric Vehicle Development Center provides insight into its current position. Ford will continue to build on its experience in vehicle manufacturing.