GRAND RAPIDS - IMMY Inc. — originally formed in 2002 in Detroit — is developing a display system aimed at curing the typical problems that accompany current head-mounted displays used for virtual and augmented reality. These displays — like Microsoft’s HoloLens, Facebook’s Oculus and MagicLeap — tend to cause eye fatigue, motion sickness and other
DETROIT - The Gilbert Family Foundation and Rocket Community Fund on Thursday announced an unprecedented and transformational $500 million philanthropic investment over the next ten years, to be accomplished through strategic contributions to community organizations that will build economic opportunity in Detroit neighborhoods. The Gilbert Family Foundation will contribute $350 million, and the Rocket Community
ANN ARBOR - University of Michigan spin-out robot developer Refraction AI has raised $4.2 million in seed funding. The company in 2019 created the REV-1 robot, a lightweight, self-driving robot that delivers food and groceries to Ann Arbor residents. Customers can order deliveries from Cafe Zola, Miss Kim, The Jagged Fork, Ray’s Red Hots, Tios Mexican Cafe and
DETROIT - Canoo is an electric automaker start-up with a reputation for producing cars with a unique aesthetic. It certainly lived up to that reputation with the unveiling of its new electric pickup truck on Thursday. The new pickup, which will begin preorders in the second quarter of 2021 before hitting the market in 2023,
DETROIT–Waymark, a platform for creating video advertising, announced today that veteran technology executive Matthew Saskin has joined the company as COO. Saskin will lead Waymark’s strategic planning, go-to-market process, and overall growth of the company. He will also be tasked with improving operational efficiency and scaling the team to serve a growing base of customers.
DETROIT – LIFT, the Detroit-based, Department of Defense-supported national manufacturing innovation institute, today announced that it has partnered with Macomb Community College to provide advanced manufacturing training opportunities through the institute’s “Operation Next” program. “Operation Next” is an innovative, self-paced, manufacturing-focused training and credentialing program, which blends hands-on with virtual learning available to employees of Detroit-area small and
ALPENA – The U.S. Department of Commerce’s Economic Development Administration is awarding a $2.4 million CARES Act Recovery Assistance grant to Alpena Community College, Alpena, to renovate space on campus to create an advanced manufacturing lab and an updated welding shop. This EDA grant, to be matched with $600,000 in local investment, is expected to
SAN FRANCISCO - Elon Musk’s SpaceX has widened the scope of the public beta test of its Starlink satellite internet service, saying it is accepting preorders from potential customers. Prospective Starlink users can enter a service address on the company’s website, with preorders available for $99. Some regions show preorder messages that say SpaceX is “targeting
DETROIT - For those responsible for export or compliance, this seminar will provide a foundational understanding of the most important things you need to know to be a successful exporter. You will also learn about valuable resources available to help your company grow its exports. Join us as we discuss: Understanding Export Transactions Creating Export
STAMFORD, Conn.— Worldwide PC shipments totaled 79.4 million units in the fourth quarter of 2020, a 10.7 percent increase from the fourth quarter of 2019, according to preliminary results by Gartner, Inc. For the year, PC shipments reached 275 million units in 2020, a 4.8 percent increase from 2019 and the highest growth in ten
