Ford and Rivian have abandoned a plan they had to jointly develop an EV together. In an interview with Automotive News, Ford CEO Jim Farley said the automaker will go it alone as it aims to produce 600,000 vehicles per year by the end of 2023. When the company invested $500 million in Rivian in 2019, the two said they …
Ford and Rivian cancel plan to jointly develop an EV Read More »
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for November 19, 2021. It’s a welcome Friday today, heading into a holiday week here in the United States. TechCrunch is a global team, but we’ll be …
Daily Crunch: Suburban drone-based delivery service Flytrex raises $40M Series C Read More »
This is a fantastic time to found a startup, but unless you plan to bootstrap it, you will still need to go through the laborious exercise of crafting a pitch deck. With so much riding on the outcome, this can be an extremely stressful process — a convincing deck requires you to come up with …
There’s another launch company newly able to count itself among the small (but growing) group that has reached orbit: Astra. The Alameda-based rocket startup notched that achievement late Friday night, taking off from its launch site in Kodiak, Alaska shortly after 9 PM local time (1 AM ET). This was Astra’s ‘LV0007’ mission, the follow-up …
Astra successfully reaches orbit for the first time with latest rocket launch Read More »
The Pentagon announced a limited request for bids for a new cloud initiative today that replaces the cancelled $10 billion, decade-long JEDI contract initiative. You may recall (or not) that it previously ran a winner-take-all bid it had dubbed JEDI (short for Joint Enterprise Defense Infrastructure). The new initiative goes by the much less catchy name, Joint Warfighting Cloud Capability, …
Pentagon announces new cloud initiative to replace ill-fated JEDI contract Read More »