• The boom (or is it a bubble?) in federal cybersecurity

    The Obama administration and Congress are allocating more funds to cybersecurity; much of that new spending, estimated at $6 to $7 billion annually just in unclassified work, is focused on the Washington region, as the federal government consolidates many of its cybersecurity-focused agencies in the area; some VCs warn of a cybersecurity bubble

  • Market for first responders, law enforcement robotics to see robust growth

    Market for first responders and law enforcement robotics reached $203.1 million in 2009; it is anticipated to reach $3.7 billion by 2016; market growth will come as border patrols and law enforcement agencies use robots to achieve broader security in a less expensive manner

  • Intellectual Ventures: A genuine path breaker or a patent troll?

    Intellectual Ventured has amassed 30,000 patents, spent more than $1 million on lobbying last year, and its executives have contributed more than $1 million to Democratic and Republican candidates and committees; the company says it wants to build a robust, efficient market for “invention capital”; critics charge that some of its practices are closer to that of a patent troll

  • Utilities to bolster smart grid cybersecurity

    Annual spending on cybersecurity by electric utilities will triple by 2015, driven by investment in equipment protection and configuration management; between 2010 and 2015, Utility companies will invest more than $21 billion on cybersecurity

  • Irish government urged to heed entrepreneurs to rebuild economy

    An Irish scientist and entrepreneur urges to government must do more to protect investment in research to encourage the creation of ‘‘world class’’ Irish companies; Donald Fitzmaurice said there were three ‘‘key enabling technologies’’ in the world — biotechnology, nanotechnology, and information and communications technology. ‘‘They are important on their own but when they converge, they open up new important possibilities, such as new materials, artificial intelligence, modified biological entities”

  • World heading for a uranium crunch

    Nuclear power has become more attractive as a result of fluctuating oil prices and growing concerns about the environment; trouble is, the world is running out of uranium

  • Axxana, a data storage and recovery specialist raises $9 million

    Axxana, an Israeli developer of data disaster recovery solutions, has raised $9 million in Series B funding; Carmel Ventures led the round, and was joined by return backers Gemini Israel Funds and serial investor Moshe Yanai

  • Calls Come for 'Programmatic' P3 Approach

    Stakeholders in the market push for programmatic, rather than project-by-project, approach to financing infrastructure through public-private partnerships; “The cycle of infrastructure investment is ongoing since aging toll roads, hospitals, airports, and energy facilities need to be maintained and eventually replaced,” said Jennifer Tennant, assistant vice president for Moody’s

  • Growing investments in smart grid

    Investment is seen shifting from capital-intensive energy generating technologies, such as solar and wind, to those associated with energy storage, transportation and efficiency

  • U.K. to create largest technology fund in Europe

    U.K. government’s agency issued an RFP that sets out parameters for the creation of the largest technology fund in Europe; the government forecasts that this investment will be enough to create a 10-year fund worth £1 billion

  • Investment in R&D sees thriving biometric markets

    With security remaining a top priority at all levels of U.S. government, the biometrics market is seeing market stability and returns on their investments in R&D

  • Where angels dare to tread: Angel investors profit

    U.K. angel investors see substantial profit; a study of 1,080 investments — more than half were directed at early-stage pre-revenue start-ups — show that: 56 percent of investments made a loss; 44 percent led to positive returns; 9 percent generated more than 10-times the capital invested; the average internal rate of return (IRR) was 22 percent over four years

  • Financial crisis offers opportunities for start-ups

    A world of failing corporate titans and changing government policy is chaotic, but chaos creates opportunity and leaner times bring focus; savvy and nimble start-ups are in a position to exploit the situation

  • Aussie company receives $250 million to prove wave power concept

    Investec Bank gives West Perth-based energy developer Carnegie Corporation $250 million to demonstrate the viability of its wave technology

  • FLIR: stimulus makes company an even more attractive investment

    FLIR’s thermal technology is used in both defense and energy conservation applications; the stimulus package-related large investments in energy efficiency and continued robust defense and homeland security budgets combine to make the company an attractive target for investors