BLOOMFIELD HILLS - While national venture capital investing decreased in 2022, Michigan continued to show strength with $1.2 billion invested into Michigan-based companies--an increase of 12 percent over 2021. Within the Great Lakes region, Michigan has been accelerating in venture capital activity with a growth rate of 13.7 percent since 2006, slightly higher than the
Tesla Inc.’s latest discounts will newly qualify one of its models for federal subsidies that Elon Musk said years ago the U.S. should scrap. By dropping the starting price of the Model X to $79,990 — a $41,000 reduction from the start of the year — Tesla made the sport utility vehicle eligible for the federal tax credits revamped by the Inflation
LAKE LEELANAU - There’s something eye-catching and new on the water in northern Michigan and it could revolutionize the boating industry. Lilypad Labs, a Michigan-based startup, is pleased to announce the launch of Lilypad, a sharable, 100-percent solar powered boat. Two Lilypad solar boats are now available for rent daily from 9 a.m. to 5 p.m.
SALINE - Heiroom was founded by CEO Chris Budnik in 2020. When the world shut down, so did Chris’ line of work. Home with his two children during a global pandemic, Chris began to contemplate the importance of family, and how to best preserve and share memories with them. Chris drew strength from the stories
STUTTGART, Germany – Bosch is entering the hydrogen age of mobility. At its Stuttgart-Feuerbach location, the supplier of technology and services has now begun volume production of its fuel-cell power module. Nikola Corporation, based in the United States, will serve as the pilot customer with its Class 8 hydrogen fuel cell electric truck, which is
AUSTIN, Texas - Tesla has announced that it has installed over 500,000 Powerwalls to date, according to reporting from Electrek. The milestone signals the growing popularity of powering homes with clean solar energy. Powerwall is an integrated battery system that can store solar and other energy for later use. Combined with solar panels, it could be a way to significantly cut down on
EAST LANSING — MSU Federal Credit Union and the Desk Drawer Fund foundation are excited to announce the winner of the Q2 2023 Desk Drawer Fund Member Raffle. On Friday, June 2, Desk Drawer Fund Chair Ernest Betts drew the winning ticket, announcing Elizabeth Tabor as our raffle winner. Tabor received $20,000 as the raffle
SOUTHFIELD – 123NET and Allegan County have been awarded a $65 Million Project to construct an open access, carrier neutral fiber network. This county-wide broadband project will begin construction in mid-August. "We are honored and excited to be chosen by the Michigan High Speed Internet Office to meet theneeds for unserved and underserved residents in
LAKE LEELANAU- Three female entrepreneurs have banded together to support breast cancer survivors with custom hats made by Baabaazuzu in Northern Michigan to benefit breast cancer patients undergoing chemotherapy at Karmanos Cancer Institute at McLaren Port Huron. Appearing on MITech TV were Michele Hirschfield, Sue Barns and Tracy Krizman. These unique, upcycled hats are handcrafted
DETROIT–Comcast announced that metro Detroit residents can sign up for NOW TV, a new streaming offering that includes 40-plus live channels from A&E, AMC, Hallmark and Warner Bros. Discovery, plus 20-plus integrated channels from NBC, Sky and Xumo Play, and a subscription to Peacock Premium at no additional cost. NOW TV is built to meet
