Telecom Vivo announced on Monday the creation of its first corporate venture capital (CVC) fund to invest R$320 million in startups over the next five years. The amount makes Vivo Ventures one of the largest CVCs in Brazil. The company plans to invest in 12 to 20 startups, with stakes in the range of R$15 […]
Thales, a heavyweight of the global aerospace industry, has joined forces with Eve to help it develop electric vertical take-off and landing vehicles (eVTOLs). Initially, the French multinational and Embraer-controlled company will conduct joint studies for 12 months starting in January, focusing on the aircraft’s systems. But the partnership can be extended to the other […]
Electricity bills will come without any extra charge this year after the improvement in rainfall in the last wet season in Brazil, said Luiz Carlos Ciocchi, the director-general of national grid operator ONS. This is possible because the reservoirs of the National Interconnected System (SIN) reached a water storage volume of 63.1% at the beginning […]