Author: OurCrowd

[Ursa Major in Startup News] Ursa Major and U.S. Navy make $25 million joint investment in new solid rocket motor prototype

Sep 17, 2024 |

Ursa Major, the United States’ leading privately funded rocket propulsion company, will receive funding from the Department of Defense (DoD) as one of the inaugural recipients of investments from the Office of Strategic Capital (OSC) to strengthen critical supply chain technologies needed for national security. The $12.5 million investment represents a partnership between OSC and the U.S. Navy to mature Ursa Major’s Lynx solid rocket motor (SRM) manufacturing process under OSC’s Transition Acceleration Program. Ursa Major will match the DoD investment to a total $25 million expansion of the company’s SRM capabilities. Read more...

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[ZutaCore in PR Newswire] ZutaCore and Munters Join Forces to Deliver a Waterless Data Center Architecture for AI Factories

Sep 17, 2024 |

SAN JOSE, Calif., Sept. 17, 2024 /PRNewswire/ — ZutaCore®, a leading provider of direct-to-chip, waterless liquid cooling solutions, and Munters, a global leader in energy-efficient air treatment and climate solutions, today announced the integration of their two platforms to provide a two-phase, waterless liquid cooling solution to sustainably cool AI factories faced with massive power densities driven by AI accelerators. Read...

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