New analytical framework predicts the propensity of wave-energy devices to capsize — ScienceDaily

Ocean waves represent an abundant source of renewable energy. But to best use this natural resource, wave-energy converters need to be capable of physically handling ocean waves of different strengths without capsizing.

Texas A&M University researchers have developed analytical tools that can help characterize the movements of floating but anchored wave-energy devices. Unlike complicated simulations that are expensive and time-consuming, they said their technique is fast, yet accurate enough to estimate if wave-energy devices will turn over in an ever-changing ocean environment.

“Wave-energy converters need to take advantage of large wave motions to make electricity. But when a big storm comes, you don’t want big wave, wind and current motions to destroy these devices,” said Dr. Jeffrey Falzarano, professor in the Department of Ocean Engineering. “We have developed much simpler analytical tools to judge the performance of these devices in a dynamic ocean environment without necessitating massive amounts of simulations

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Seven Key Takeaways From The Department Of Justice’s Cryptocurrency Enforcement Framework

The Department of Justice recently released a report that served as a “Cryptocurrency Enforcement Framework” as part of the Attorney General’s Cyber Digital Task Force. The full contents can be read here. What follows are some key takeaways from the report and some additional context.

1- Distributed ledger technology and even cryptocurrency itself is regarded as a potential positive technological force by the Department of Justice

“At the outset, it bears emphasizing that distributed ledger technology, upon which all cryptocurrencies build, raises breathtaking possibilities for human flourishing.” — in almost the beginning of the report this key point stands out almost right away —a somewhat positive

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DoD Announcements on “Adaptive Acquisition Framework”

During a press conference on Wednesday, October 7, 2020, Undersecretary of Defense for Acquisition and Sustainment (USD-A&S) Ellen Lord announced Department of Defense’s (DoD) latest efforts to overhaul how it intends to procure weapons, goods and services—with an emphasis on speed from design to fielding and on cutting operations and maintenance costs. Additionally, on August 13, 2020, acting Undersecretary of Defense for Research and Engineering (USD-R&E) Michael Kratsios committed to “doubling“ efforts to work more closely with nontraditional commercial suppliers, most notably startup companies, to help the DoD strengthen and maintain the nation’s position as the global leader in emerging technologies.

Both developments suggest considerable pathways for commercial innovators of these new technologies to work with the DoD in furtherance of its acquisition and R&D priorities. 

New DoD Acquisition Reform Initiative—AAF

According to Undersecretary Lord, the Department of Defense’s (DoD) new approach, called the Adaptive Acquisition Framework (AAF), will be

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AirNet Entered into Equity Purchase Framework Agreement with BitGeek Information Technology Co., Ltd.

BEIJING, Sept. 30, 2020 /PRNewswire/ — AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it has entered into an equity purchase framework agreement (the “Agreement”) with BitGeek Information Technology Co., Ltd. (“BitGeek”) and BitGeek’s shareholders, independent third parties of the Company, to purchase 100% of the equity interests in BitGeek with an issuance of ordinary shares of the Company to BitGeek’s shareholders. Details pertaining to the purchase will be further discussed and stipulated in a binding agreement among the parties after completion of the valuation of BitGeek.

Mr. Herman Guo, the Chairman and CEO of the Company, commented “The acquisition of the equity interest in BitGeek will align the Company with the swift advancements of the blockchain technology as well as equipment specifically designed

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