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Atlas Technologies – maker of the Lightyear solar car – goes bankrupt

The car business is a stern taskmaster. Netherlands-based Atlas Technologies (Atlas) producing Lightyear - set to be the world’s first mass produced solar car...

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Chooose raises €15m Series A, for POS climate options

Norway-based, Chooose builds an all-in-one climate toolkit/ SaaS for businesses (of all sizes), so that they can offer their customers climate options at check-out, in-app, or anywhere they meet them. E.g. American Express GBT opted for Chooose to build a new “calculator” (across air travel, ground transportation & accommodation) to allow its customers to i) measure the carbon emissions of their business travel (integrated in its Neo booking tool, for which the company also recently acquired US-based digital travel mgmt. start-up Egencia), ii) access a “verified offset” marketplace, to allow them to opt-in to e.g. carbon removals & sustainable aviation fuel. Chooose also works with other leading aviation, travel & logistics firms such as Air...

Archangel Lightworks raises €4m Seed, for optical ground stations to enable free space optics

UK-based, Archangel Lightworks (Archangel) is building TERRA-M, a miniature & portable optical ground station, which enables secure, resilient & high-volume connectivity to & from space using laser-based communication (lasercom) (sometimes referred to as free space optics). (ps: on the secure-side, the startup closely collaborates with Singapore-based SpeQtral, which designs & manufacturers satellite-based quantum communication systems & provides it with end-to-end distribution of quantum encryption keys). <Quick primer on lasers: they can transfer 10-100x more info to & from satellites than radio waves (commonly used). They’re also cheaper (radio frequency spectrum is limited/ expensive) (lasers are license free) & safer from attacks and disruptions (e.g. a space-based lasercom internet won’t suffer from undersea cables linking continents...

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