Author: OurCrowd

[ThetaRay in BusinessWire] ThetaRay report warns Europe’s AML system at ‘Breaking Point’ as new regulations make AI adoption inevitable

LONDON–(BUSINESS WIRE)–ThetaRay, a global leader in Cognitive AI financial crime compliance, today released a landmark study on the future of anti-money laundering in Europe. The study warns that Europe’s anti-money laundering (AML) system is approaching structural failure, and that financial institutions will be unable to meet upcoming supervisory expectations without advanced AI-driven monitoring and customer screening systems. Read more...

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[Ursa Major in Ursa Major] Ursa Major completes full-duration static fire of AFRL’s ARMD Hypersonic Demonstrator

In preparation for the first flight test, Ursa Major has successfully static fired the Affordable Rapid Missile Demonstrator (ARMD), powered by the Draper liquid rocket engine, as part of the Air Force Research Laboratory (AFRL) initiative to rapidly demonstrate affordable hypersonic munition concepts. In this recent ground test, Ursa Major static fired ARMD for the full-duration mission cycle and demonstrated bipropellant operations. This static fire comes just over six months after AFRL contract award. Read more...

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[Air EV in Globes] An electric plane in your garage

Rani Plaut wanders through the giant workshop of his startup company, AIR, located behind a shopping mall in the drab Pardes Hanna industrial zone. A team member calls out to him, to come check out the new plane under construction. The craft is the size of a family car, with a large cabin that resembles the inside of a pickup truck. Designed to carry heavy cargo or a driver and passenger, it can take off from anywhere to a distance of 100 miles. Read...

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