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A Week into Deep Tech Space

04 Dec 2023


The deep tech industry continues to surge, with a projected global market value of $800 billion by 2025. This dynamic sector encompasses cutting-edge technologies such as artificial intelligence, quantum computing, robotics, and biotechnology, driving unprecedented advancements across various domains.  

As we navigate this dynamic landscape, the Deep Tech Industry Update will be your compass, guiding you through the latest trends, breakthroughs, and market shifts.  

Here are some recent DeepTech industry updates and developments of the week.  

Stainless Steel Catalyst Seawater-to- Green Hydrogen Production 

Researchers have identified a specific alloy that exhibits exceptional corrosion resistance and stability, crucial factors for efficient and sustainable hydrogen generation from seawater. This innovative stainless steel functions as a catalyst, accelerating the electrolysis process that separates hydrogen from seawater, making it a key player in advancing green hydrogen technologies. 

Furthermore, this development aligns with the growing global interest in green hydrogen as a clean energy source, particularly due to its potential applications in industries seeking to reduce carbon emissions. The article underscores the transformative impact of this stainless steel innovation on the viability of seawater-based green hydrogen production, marking a crucial step toward achieving a more sustainable and environmentally friendly energy future. 

Virginia Tech Unveils World's First Fully Automated AI-Powered Water Lab 

Virginia Tech has inaugurated the world's inaugural fully automated AI and Cyberbiosecurity Water Lab, a groundbreaking facility at the intersection of artificial intelligence (AI) and water security. This state-of-the-art lab, a pioneering initiative in its field, leverages advanced automation and AI technologies to monitor and secure water systems. It is specifically designed to address cybersecurity challenges in water infrastructure, ensuring the integrity and safety of water supplies.  

The incorporation of AI enables real-time analysis and response to potential threats, showcasing the potential for technology to enhance water quality monitoring and protect against cyber-physical attacks. The lab's unique focus on cyberbiosecurity emphasizes the fusion of cybersecurity with the biological aspects of water systems, highlighting a comprehensive approach to safeguarding critical resources. 

Sydney Symposium Reveals Breakthroughs in Microbiome Research for Precision Medicine 

The Southeastern Sydney Local Health District's research Sydney Symposium has recently showcased pioneering research at the intersection of microbiome science and precision medicine. Researchers presented groundbreaking insights that promise to revolutionize the field of medicine. The symposium focused on unraveling the mysteries of the microbiome — the collection of microbes residing in and on the human body — and its crucial role in influencing health and disease.  

Scientists highlighted how understanding the microbiome can enhance personalized medicine strategies, offering new avenues for diagnosis, treatment, and disease prevention. The Sydney Symposium marks a significant milestone in advancing our knowledge of the microbiome's impact on precision medicine and underscores the city's role as a hub for cutting-edge scientific exploration.  

 Italy Stalls Safran's $1.8 billion Collins Aerospace Expansion Plan  

Italy has rejected the French company Safran's proposed $1.8 billion acquisition of Collins Aerospace's flight control systems division, citing apprehensions related to the provision of supplies to the armed forces and commitments to the Eurofighter program, according to sources within the Italian government.  

Safran confirmed the Italian authorities utilized their "golden power" to obstruct the purchase of Microtecnica, the Italian subsidiary of Collins Aerospace, deeming it a strategically important asset. The veto by Rome signifies a regulatory intervention to safeguard national interests and underscores the perceived significance of Microtecnica within strategic sectors.  

South Korean EV Battery Firms Bolster R&D Investment with a 12.5% Surge in 2023 

South Korean electric vehicle (EV) battery manufacturers have witnessed a substantial 12.5% increase in research and development (R&D) investments in the current year. This surge in R&D spending is indicative of the commitment by South Korean companies to advance innovation and technology in the EV battery sector. The news highlights the industry's proactive approach to staying at the forefront of developments in electric mobility.  

The increase in R&D funding suggests a focus on technological advancements, efficiency improvements, and possibly the exploration of new materials or manufacturing processes to enhance the performance and competitiveness of electric vehicle batteries.  

Conclusion 

In a landscape characterized by groundbreaking innovations and transformative breakthroughs, staying informed is key. These are just a few of the many exciting developments happening in the deep tech industry this week. Stay tuned for more updates on the latest deep tech news and trends.  

 
 
 
 

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