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Advanced Magnet Lab Inc. to present at the National Defense Industrial Association Mine-to-Magnet workshop

Innovation News Network

to present at the National Defense Industrial Association Mine-to-Magnet workshop appeared first on Innovation News Network. Advanced Magnet Lab Inc. is set to present and participate in the first annual Mine-to-Magnet workshop held by the NDIA. The post Advanced Magnet Lab Inc.

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GM Defense awarded $214.3M contract to produce Army’s Infantry Squad Vehicle; based on 2020 Colorado with 2.8L diesel

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The US Army Contracting Command–Detroit Arsenal announced that GM Defense LLC , a subsidiary of General Motors, has been awarded the production contract to build, field and sustain the Army’s new Infantry Squad Vehicle (ISV). Ricardo Defense will support key product logistics and fielding requirements of the GM Defense ISV.

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DoD awarding Graphite One $37.5M to support graphite mining and processing in Alaska

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The Office of the Assistant Secretary of Defense (ASD) for Industrial Base Policy (IBP), through its Manufacturing Capability Expansion and Investment Prioritization office, will award Graphite One (Alaska) $37.5 At present, the US is 100% import-dependent for graphite, with China being the world’s leading producer.

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Biden authorizes Defense Production Act to spur mining for EV battery materials

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President Biden signed a directive authorizing the Defense Production Act for usage for the critical materials that go into large-capacity batteries. The President took this action under Title 3 of the DPA which provides for prioritizing and subsidizing the production domestically of key inputs that are critical to the national defense.

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Archer secures $215M investment from Stellantis, Boeing, United Airlines, ARK Invest and others; receives FAA approval to fly Midnight eVTOL

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Archer Aviation landed a $215-million equity investment from industry leaders Stellantis, Boeing and United Airlines, as well as other financial institutions, including ARK Invest, increasing the company’s total funding to more than $1.1 billion to date.

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Joby expands eVTOL partnership with US DoD; expands contract by $45M

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Agility Prime, launched in April 2020, is the Air Force’s collaborative initiative to work with the industrial base on testing and experimentation, accelerating development of the commercial eVTOL aircraft industry, enabling resilient distributed logistics and sustainable mobility.

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Lyten opens first automated battery pilot line in US to produce Li-sulfur batteries

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The Lithium-Sulfur pilot line will begin delivering commercial battery cells in 2023 to early-adopting customers within the defense, automotive, logistics, and satellite sectors. The by-product, clean hydrogen, can be utilized to replace dirty forms of hydrogen for industrial and transportation uses. Lyten, Inc., Earlier post.)