Orbion raises $9.2M to mass-produce plasma thrusters for small satellites

Michigan-based startup Orbion has secured $9.2 million in Series A funding, which it will use as it undertakes the mass-produced manufacturing of its plasma thrusters for use in small satellites. Orbion’s thrusters are Hall-effect thrusters, which use an electric field to accelerate their propellant and create thrust. Hall-effect thrusters are nothing new, but Orbion’s approach, […]

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How to go to market in middle America

There comes a time for many startup companies where they either realize they need to do a nationwide roll-out, or they need to actively target buyers in the middle of the country…

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Techstars Detroit announce first class after major refocus

At the beginning of 2019 Techstars Mobility turned into Techstars Detroit. At the time of the announcement, Managing Director Ted Serbinski penned “the word mobility was becoming too limiting. We knew we needed to reach a broader audience of entrepreneurs who may not label themselves as mobility but are great candidates for the program.” I […]

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Where May Mobility’s self-driving shuttles might show up next

May Mobility might be operating low-speed self-driving shuttles in three U.S. cities, but its founders don’t view this as just another startup racing to deploy autonomous vehicle technology. They describe the Ann Arbor-based company as a transportation service provider. As May Moblility’s co-founder and COO Alisyn Malek told TechCrunch, they’re in the “business of moving […]

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Lifestyle goods resale marketplace StockX raises $110M, pushing valuation past $1B

Detroit-based StockX, which provides a way for people to resell luxury and lifestyle goods including streetwear, bags, watches and shoes, is now valued at over $1 billion based on its most recent raise of $110 million, just revealed by the New York Times. Alongside the raise, StockX is bringing on a new CEO – ecommerce […]

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Why eVTOLs could be providing regional air service sooner than you think

At Uber’s Elevate summit in Washington, DC earlier this month, researchers, industry leaders and engineers gathered to celebrate the approaching advent of on-demand air service. For Dr. Anita Sengupta, co-founder and Chief Product Office at Detroit’s Airspace Experience Technologies (abbreviated ASX), it was an event full of validation of her company’s specific approach to making […]

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Argo AI is taking its new generation of self-driving vehicles into downtown Detroit

Argo AI, the Pittsburgh-based autonomous vehicle startup that Ford invested $1 billion in 2017, has expanded its testing to downtown Detroit with a new third-generation self-driving car. Argo AI is developing the virtual driver system and high-definition maps designed for Ford’s self-driving vehicles. The third-generation self-driving vehicle is still based on a Ford Fusion Hybrid […]

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Delane Parnell’s plan to conquer amateur esports

Most of the buzz about esports focuses on high-profile professional teams and audiences watching live streams of those professionals. What gets ignored is the entire base of amateurs wanting to compete in esports below the professional tier. This is like talking about the NBA and the value of its sponsorships and broadcast rights as if […]

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Ford will slash 7,000 salaried jobs by August

Ford Motor is laying off 7,000 salaried employees as part of CEO Jim Hackett’s restructuring plan to reduce bureaucracy, cut costs and turn the automaker into a more agile company prepared for a future that extends beyond its traditional business of producing and selling cars and trucks. The cuts represent about 10 percent of the […]

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Waymo picks Detroit factory to build self-driving cars

Waymo, the self-driving vehicle technology startup under Alphabet, is setting up shop in a Detroit factory on American Axle & Manufacturing’s campus. Waymo said Tuesday it will partner with American Axle & Manufacturing to repurpose the existing facility, which was most recently used as a sequencing center for a local parts supplier. The goal is […]

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