Technology - NewNerve

The Game Changer in Modern Warfare: Understanding MIRV Technology

21Mar

By AnkitNo Comments

Space, Technology

The Game Changer in Modern Warfare: Understanding MIRV Technology

In the high-stakes arena of international defense, a game-changing technology known as Multiple Independently Targetable Reentry Vehicles, or MIRV, has revolutionized strategic military capabilities. MIRV refers to a type of missile payload that can house several nuclear warheads, each capable of striking different targets independently. This formidable technology is primarily associated with intercontinental ballistic missiles (ICBMs) carrying thermonuclear warheads1. The Genesis of MIRV The inception of MIRV technology dates back to the Cold War era, marking a significant evolution in ballistic missile design. The United States pioneered this technology, with the Minuteman III ICBM being the first to be equipped with MIRV in 1970. This missile could carry multiple warheads, each with...

A Leap Deferred: Agnikul Cosmos’ Launch Postponement, March 2024

21Mar

By Ankit2 Comments

Technology, Space, Startups

A Leap Deferred: Agnikul Cosmos’ Launch Postponement, March 2024

In a world where the stars seem just within reach, the ambitious journey of Agnikul Cosmos has faced a momentary pause. The Chennai-based startup, incubated at IIT Madras, has announced the postponement of its maiden rocket launch, originally scheduled for March 22, 2024. The mission, named ‘Agnibaan SOrTeD’ (Sub Orbital Technology Demonstrator), was set to lift off from its private launch pad within the ISRO campus at Sriharikota. The postponement comes as a result of a ‘technical issue’ identified during the full countdown rehearsals. In a statement released on social media, the company expressed that the decision was made out of an abundance of caution, prioritizing safety over haste. The new launch date is yet to be announced, but the anticipation remains high. Agnibaan SOrTeD re...

DCS Card Centre Secures Additional S$100M: A Leap Towards Financial Innovation

12Mar

By AnkitNo Comments

AI, Fintech, Payments

DCS Card Centre Secures Additional S$100M: A Leap Towards Financial Innovation

In a remarkable financial move, Singapore’s DCS Card Centre has fortified its position in the fintech sector by securing an additional S$100 million in asset-backed notes. This strategic funding upsize brings the company’s total capital to a substantial S$400 million, marking a significant milestone in its growth narrative. The recent capital boost is a follow-up to the S$300 million raised in December 2023 and is designated for financing the receivables of DCS’s expanding clientele, which includes both retail and corporate sectors. DCS card centre DCS Card Centre’s journey of transformation and expansion is evident through its partnerships with leading payment schemes such as MasterCard and UnionPay, and an anticipated collaboration with Visa. These alliances have fac...

7 Key Components of IndiaAI Mission: Strengthening India’s AI Innovation Ecosystem

8Mar

By Ankit1 Comment

AI

7 Key Components of IndiaAI Mission: Strengthening India’s AI Innovation Ecosystem

Cabinet Approves Ambitious IndiaAI Mission to Strengthen the AI Innovation Ecosystem Source: Press Information Bureau (PIB) - Government of India Link: Press Release Date: March 7, 2024 The Cabinet, under the leadership of Prime Minister Shri Narendra Modi, has approved the comprehensive national-level IndiaAI mission with a budget outlay of Rs.10,371.92 crore. This mission aims to strengthen the AI innovation ecosystem in India by promoting responsible and inclusive growth through strategic programs and partnerships across the public and private sectors. The mission encompasses various components such as compute capacity, innovation centers, datasets platforms, application development, future skills, startup financing, and safe and trusted AI practices. IndiaAI Compute Capa...