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"Safeguard Our Homeland": FCC Moves To Ban Foreign Military-Grade Drone Imports
"Safeguard Our Homeland": FCC Moves To Ban Foreign Military-Grade Drone Imports
A little more than a week after we exposed military-grade interceptor drones being openly marketed on Facebook as dual-use technology by a Hong Kong-based company, FCC Chairman Brendan Carr announced a proposal to prohibit the importation and sale of foreign-produced military-grade drones in the U.S.
"Today, the FCC took additional action to safeguard our homeland. We have proposed banning the sale of foreign, military-grade drones, including those capable of swarming," Carr wrote on X, adding, "Another step to strengthening and...
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May 29, 2026 / Tyler Durden
SpaceX Reportedly Lowers IPO Valuation Target
SpaceX Reportedly Lowers IPO Valuation Target
SpaceX is targeting a valuation of at least $1.8 trillion in its upcoming initial public offering, Bloomberg reported, citing people familiar with the matter. This is below an earlier goal of more than $2 trillion.
In practice, the initial IPO valuation target is a marketing range, not a final number. Therefore, any valuation shifts ahead of the trading day would not be unusual. This suggests advisers are calibrating the deal to what investors are willing to absorb, especially given the massive proposed raise of...
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Feb 28, 2026 / Tyler Durden
DOE Announces $171 Million For Geothermal Expansion
DOE Announces $171 Million For Geothermal Expansion
The DOE released a Notice of Funding Opportunity offering up to $171.5 million for next-generation geothermal field tests and resource exploration.
The program targets field-scale demonstrations of enhanced geothermal systems (EGS) for electricity generation, along with drilling to characterize and confirm hydrothermal and next-gen prospects nationwide.
The funding splits into two initial open topics: up to $100 million for EGS field tests and $71.5 million for exploratory drilling. Letters of intent are due March 27, with full applications due April 30. The move directly supports...
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Apr 27, 2026 / Kyle Anzalone
German Chancellor Merz: Iran Is Humiliating the US
German Chancellor Friedrich Merz said that Iran has humiliated the US during the negotiating process. The US and Iran have held a round of talks and exchanged messages through Pakistan, but have been unable to reach an agreement. “The Iranians are obviously very skilled at negotiating, or rather, very skilful at not negotiating, letting the […]
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