German start-up launches “Taxi” in space: Catalyst update
(Bloomberg) – German rocket launch startup Isar Aerospace wants to provide a “small and fast taxi” to space for more agile trips than those currently offered by Elon Musk’s SpaceX, chief executive said Daniel Metzler at the Bloomberg New Economy Catalyst Virtual Event.
Lawmakers and industry leaders around the world discuss climate change and its impact on food supply, energy and the economy at the conference.
The event features discussions on cryptocurrencies, revolutions in life sciences, and the impact of Covid-19 on e-commerce. Bloomberg New Economy Catalyst is organized by Bloomberg Media Group, a division of Bloomberg LP, the parent company of Bloomberg News.
Moderna co-founder calls for more focus on health security DNA from diverse populations in Africa is being collected and studied more closely.
Here are the 31 people on the Bloomberg New Economy Catalyst list
Launch area for German startups ‘Taxi’ (9:35 p.m.)
Over the next decade, billionaires like Elon Musk and Jeff Bezos plan to send thousands of satellites with their own launch companies to deliver broadband across the planet. But a phalanx of other entrepreneurs in the nascent space startup scene also need rockets to launch, modify, and maintain the systems of many mini-spaceships.
Munich-based Isar Aerospace wants to provide the “small and fast taxi”, using more agile journeys for these space companies in order to bypass the expense and delays of waiting for the journey alongside larger players on the road. existing rocket routes, CEO Daniel Metzler said. He raised around $ 100 million with support from Lakestar and Earlybird Venture Capital.
MIT Wood Calls for a Sustainable Space Policy (9:15 p.m.)
Billionaires like Jeff Bezos and Elon Musk are leading the talk about space efforts “because they have the money, not because they really represent the central dialogue or the foundational forces that shape our business in space,” said Danielle Wood, director of Space Enabled Research. Group at MIT Media Lab.
A central objective of space policy should be to ‘broaden the voices’ that shape the agenda for economic activity in space and to advance the human use of space in a sustainable manner, in order to achieve avoid waste and create pollution in orbit as on Earth, said Wood.
UAE Space Program Impacting Economy (9:02 PM)
The UAE’s investment in the space industry has created a “ripple effect in society,” said Sarah Al Amiri, UAE Minister of State for Advanced Technologies.
The start of the mission was to diversify the economy by developing skills for space and “in different sectors that require complex technological systems”. Now, the space agency is focused on putting in place mechanisms to support a “high risk business” and transforming data from scientific missions “into impactful results for the economy.”
Sweden aims for a “one-minute city” (8:50 p.m.)
As cities seek to repopulate their streets in the aftermath of the pandemic, urban leaders around the world are adopting a model of urban planning that enables residents to meet their work, health, education and leisure needs. within a radius of walking or cycling, said Kieran Long, director of ArkDes, the Swedish national center for architecture and design.
In Sweden, that radius can be as small as a minute, he said. ArkDes runs a project that allows community members to design the layout of their own streets.
âThe One Minute City idea, of course, uses a buzzing phrase to talk about the scale even more local than the hyper-local scale, the street right outside your front door or the front door. a cafe or business, and how that can be transformed to create additional amenity space, to create public spaces that didn’t exist before, âLong said.
E-commerce innovation takes hold in India, Southeast Asia (8:20 p.m.)
The first two decades of e-commerce advanced in the Western Hemisphere with dominance of Amazon.com Inc., Shopify Inc. and Walmart Inc., but the next phase of innovation will come from the rest of the world, Vidit Aatrey said. . , co-founder and CEO of Indian social commerce startup Meesho.
As smartphones become mainstream and the coronavirus pandemic accelerates demand for e-commerce, different business models are emerging, Aatrey said. âYou see so many companies innovating with very local information about what small businesses want, in India, Southeast Asia, Latin America,â he said. âThere is no standard experience. Amazon can work for brands around the world, but for small, long-tailed businesses we need to find the nuances. “
Improving Fast Fashion Industry Practices (8:06 PM)
The fast-paced fashion industry, often criticized for poor labor practices and pollution, is improving as the pandemic has prompted factories to increasingly work through digital supply channels like Zilingo, Ankiti Bose said , co-founder and CEO of the Singapore-based company.
There are around 5,000 factories in Southeast Asia engaged in supplying the wider fast fashion industry, of which around 10% are adopting digital methods and are open to validation of all of their processes. , Bose said. “Southeast Asia is heading in the right direction,” she said.
Moderna co-founder calls for more focus on health security (11:50 a.m.)
Moderna Inc. co-founder and president Noubar Afeyan said after the Covid-19 pandemic, the United States and other countries must adopt a safer mindset towards health issues.
Countries should more actively seek to prevent diseases such as infections, cancer and heart disease before they get out of hand, Afeyan said.
Governments “must change the social contract” to provide “forms of health security, not just to deal with the aftermath of loss,” said Afeyan, who is also founder of venture capital firm Flagship Pioneering, one of Moderna’s first investors and main shareholders.
Drones Used to Improve Early Health Detection in Africa (11:42 a.m.)
Rural Ugandan communities are offered earlier cancer detection through the use of drones and mobile technologies that transport patient samples to hospitals for testing.
Breast cancer survivor Shamim Nabuuma Kaliisa founded the Chil Artificial Intelligence Laboratory to provide medical access to communities in her country of birth.
“It opened my eyes,” Kaliisa said, noting that she realized that many people in remote areas do not survive cancer because they cannot easily get to the hospital. for examinations and because they do not have information about the disease.
Using automated chat services, Kaliisa’s company was also able to provide initial screening for people with Covid-19 as well, prompting them to visit hospitals when needed.
Medical Studies Gain Diversity Boost with More Data on Africa (11:34 a.m.)
DNA from diverse populations in Africa is being collected and studied more closely, helping to improve global efforts to understand the evolution of diseases and their potential cures.
This comes after 54gene founder and CEO Abasi Ene-Obong decided to reduce inequalities in precision medicine by creating a genomic database across Africa.
Ene-Obong started 54gene after reviewing a 2018 study that showed African populations only made up 2% of global studies used to find associations linking genes to disease, even though these populations made up around 7% of associations.
“It kind of speaks of the power of discovery within African genomics,” he said.
Intellia Results Boost Crispr’s Power (11:23)
Last week’s results of a study that used Crispr in the human body to reduce levels of a harmful liver protein are a reminder of the immense power of the technology, said Rachel Haurwitz, co-founder of Intellia Therapeutics Inc. ., one of the companies that led the research.
Widely used as a tool for cutting and pasting genes, Crispr is like the Microsoft Word program for DNA, said Haurwitz, who is also the co-founder and CEO of Caribou Biosciences Inc. Gene editing offers a way not only to attack human diseases, but also to design more robust livestock and crops that will withstand climate change, for example, she said.
World prepared for ‘bad pandemic’, says Nguyen de Covax (11:11 a.m.)
The world was somewhat prepared for a pandemic before Covid-19 hit, but it was anticipating the wrong type, said Aurelia Nguyen, general manager of the Covax facility for the Gavi nonprofit, the Vaccine Alliance.
âMuch of the attention had been focused on the flu,â Nguyen said. âWe had the machine in place with the seasonal flu shots, but we weren’t prepared for a coronavirus. “
Now that the Covid vaccines have been developed, the next step is to bring them to countries around the world – Covax’s mission – and to ensure that vaccines are available for the poorest countries when the next pandemic inevitably strikes. she declared.
Valiu CEO Seeks To Protect Venezuelans From Hyperinflation (11:03 AM)
As Venezuelans go through one of the longest episodes of hyperinflation in the world, they are constantly looking for ways to preserve the value of their money. So-called stablecoins are one way to solve the problem, said Simon Chamorro, CEO of financial app Valiu.
Its system allows users to exchange bolivars for digital dollar-indexed instruments called stablecoins, which can be quickly exchanged for dollars in a digital wallet. It also facilitates remittances, allowing users to send money from Colombia to loved ones in Venezuela.
âThis is effectively how we help them protect their money from inflation,â said Chamorro, whose main goal is to help people buy products from stores in Venezuela using stablecoins.
So far, his app has 30,000 monthly active users and handles $ 30 million per year in remittances, and it has raised $ 5.2 million, mostly from US investors.
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