Global Airlines’ A380 Ambitions Win Lifeline As Court Case Is Adjourned
simpleflying.com

Global Airlines’ A380 Ambitions Win Lifeline As Court Case Is Adjourned

A High Court hearing in London concerning the future of startup carrier Global Airlines has been adjourned until October 7, giving the company time to pursue alternative strategies. Global Airlines, which aims to revive the Airbus A380 for affordable transatlantic flights, has only operated two round‑trip flights with Hi Fly more than a year ago, and its sole A380 has been parked for over a year. Creditors have initiated compulsory liquidation proceedings, citing mounting debts and lack of revenue. [...]
Lumikai Leads USD600K Pre-Seed Round in Demoverse, an AI Platform Turning Consumers into Product Co-Creators
bahrainnews.net

Lumikai Leads USD600K Pre-Seed Round in Demoverse, an AI Platform Turning Consumers into Product Co-Creators

Demoverse, an AI‑powered co‑creation platform that lets brands build products with consumer input, secured USD600 k in a pre‑seed round led by Lumikai, India's first interactive‑media VC fund. Lumikai contributed USD500 k through its Pixels program, while UAE investor Marlan and several angels also participated. The platform enables brands to post concepts, lets consumers reshape designs via AI, and aggregates community votes to generate a clear product direction and demand signal before production. Winners earn royalties, positioning the service [...]
Can the US and China verify an AI deal? Start-ups are starting to build the tools
scmp.com

Can the US and China verify an AI deal? Start-ups are starting to build the tools

Researchers and start‑ups are developing “AI verification” tools that could let third parties and governments monitor how artificial‑intelligence models are trained and used without direct access to the underlying systems. The technology aims to provide evidence that the United States and China are complying with any agreed‑upon slowdown of AI development, addressing trust gaps between Washington and Beijing. The initiative gains urgency ahead of a scheduled meeting between President Donald Trump and President Xi Jinping, where AI policy is [...]
Modal Motors is trying to cut China out of electric motors entirely
techcrunch.com

Modal Motors is trying to cut China out of electric motors entirely

Modal Motors, founded by veteran motor designer Michael Van Steenburg, aims to eliminate China‑dependent rare‑earth magnets from electric motors. The startup, competing at TechCrunch Disrupt, is developing two products: a lightweight, high‑torque motor for drones, fans, and actuators, and a planar “Hybrid Enigma Drive” for low‑profile applications. Van Steenburg cites China’s recent restrictions on rare‑earth exports and the slow domestic supply chain as key motivations for reshoring production to the United States. [...]
Classiq, INGL and IonQ Test Quantum Optimization for Natural Gas Networks
thequantuminsider.com

Classiq, INGL and IonQ Test Quantum Optimization for Natural Gas Networks

Classiq and Israel Natural Gas Lines (INGL) tested quantum optimization for natural gas transmission planning, running a reduced problem on IonQ’s Forte‑1 quantum processor. The hybrid quantum‑classical workflow searched pressure configurations while respecting supplier pressure, pipe characteristics, minimum customer pressure, and other network constraints. Simulator tests identified a maximum‑throughput valid operating point matching classical solutions, and Forte‑1 produced physically valid candidate points near the optimum. The study demonstrates quantum methods can narrow viable scenarios for subsequent hydraulic [...]
Qunnect Publishes Research on Quantum Security Beyond QKD
thequantuminsider.com

Qunnect Publishes Research on Quantum Security Beyond QKD

Qunnect released a white paper detailing three quantum‑based security applications—Quantum Position Verification, Quantum Factor Authentication, and Quantum Channel Protection—built on its Carina hardware. The company is collaborating with U.S. agencies such as DARPA, In‑Q‑Tel, the Air Force Research Laboratory, NIST, and the Department of Energy to advance these technologies. The research emphasizes using entanglement for physical verification of location, identity, and connection integrity, aiming to safeguard critical communications against quantum and AI‑enabled threats. [...]
Helicon brings automation to high-volume composites manufacturing
therobotreport.com

Helicon brings automation to high-volume composites manufacturing

Helicon Industries, a Los Angeles startup, has emerged from stealth with $16 million in seed funding to automate carbon‑fiber composite manufacturing. The company is building a 36,000‑sq‑ft facility in Torrance that integrates robotics and autonomous systems to shrink lead times from six months to two weeks, targeting high‑volume markets such as drones, robotics and next‑generation aerospace. Co‑founder and CTO Edmundo Sanz‑Gadea brings experience from autonomous drones, Formula Student self‑driving teams and research at TU Delft, MIT and ETH Zurich. He argues [...]
Morphotonics raises €40M to expand its display tech into data centers
techcrunch.com

Morphotonics raises €40M to expand its display tech into data centers

Morphotonics, a Dutch nanoimprint lithography startup, announced a €40 million financing round led by 3M Ventures, Innovation Industries, BOM and Invest‑NL, with participation from the European Innovation Council Fund, Ernij Next and the European Investment Bank. The capital will fund scaling of its NIL equipment, which stamps photosensitive material to create waveguides for augmented‑reality glasses and other optics, and a new push into co‑packaged photonic components for data‑center servers. After 12 years of development, the firm has doubled its [...]