Alumnus Mike Cassidy S.B. ’85, S.M. ’86 founded a company called Apollo Fusion, which makes electrical propulsion systems for small satellites, reports Tim Fernholz for Quartz. Apollo Fusion’s thruster were set to be deployed in space for the first time on June 29 by a SpaceX Falcon 9 rocket.
CNBC reporter Catherine Clifford Oklo, a startup founded by Jacob DeWitte and Caroline Cochran (who met when they were teaching assistants at MIT), “is working to make micro-nuclear reactors that would power industrial sites, large companies, college campuses and remote locations.”
Prof. Michael Cusumano, deputy dean of Sloan, speaks with Meghna Chakrabarti of On Point on the growth of Amazon Web Services (AWS) and whether AWS should be broken off from Amazon. “We have also seen cloud computing evolving into being like an operating system – so it’s more than a utility, it’s a development environment,” says Cusumano. “It has become a platform for innovation, so we have to be careful with what we do with it.”
Ginkgo Bioworks founders Jason Kelly PhD ’08, S.B. ’03 and Reshma Shetty PhD ’08 speak with Boston Globe reporter Scott Kirsner about the inspiration for and growth of the company, which is focused on manipulating genetic material to get living cells to perform new jobs. Shetty notes that the Ginkgo Bioworks team is “dedicated to making biology easier to engineer."
President L. Rafael Reif has been named to the board of the Massachusetts Competitive Partnership, reports Jon Chesto for The Boston Globe. “Reif is expected to focus in particular on the Partnership’s “Growing the Innovation Economy” committee, whose goals include enhancing science, math, and computer education in public schools in Massachusetts,” writes Chesto.
Time reporter Alice Park spotlights how MIT startup BioBot is sampling and analyzing sewage for communities across the U.S. to help track the spread of Covid-19. “Over the course of this pandemic, the entire world has seen how valuable wastewater epidemiology is as a tool,” says Newsha Ghaeli, president and co-founder of Biobot. “Our long-term vision is that wastewater epidemiology becomes a permanent part of the infrastructure embedded on top of sewage systems across the country and around the world.”
Institute Professor Suzanne Berger speaks with Boston Globe reporter Jonathan Schlefer about how to ensure the new Senate bill that invests in research and development helps strength small and medium-sized companies. “The focus can’t just be on large firms at the top of the manufacturing chain because their ability to produce a range of advanced goods depends on their base of suppliers,” says Berger. “And today those suppliers lack the technology and skills to make the parts that would allow the top of the chain to take off.”
President L. Rafael Reif speaks with Sabri Ben-Achour of Marketplace about the importance of the Senate passing a new bill that invests in research and development. “We are in a science and technology race for the future,” says Reif. “It is with science and technology that we address things like Covid and the biggest challenges the world has; the health of our economy, our security. That is key to all of the above.”
TechCrunch reporter Devin Coldewey spotlights MIT startup ISEE, which is developing a robotic yard truck that could be used to move containers in shipping yards. Coldewey writes that the ISEE trucks could “transport containers (unmodified, it is important to note) to and from locations in the yards, backing the 50-foot trailer into a parking spot with as little as a foot of space on either side.”
Prof. Jonathan Gruber speaks with New York Times reporter David Leonhardt about the importance of the U.S. Senate passing a new bill that will increase funding for research and development, and establish a program aimed at making American innovation more geographically diverse. “We are too big a nation to have all of our innovation concentrated on the coasts,” Gruber said.
Prof. Pierre Azoulay speaks with Forbes reporter Amy Feldman about his research showing that restrictive immigration policies are bad for U.S. entrepreneurship. “You have to think about those folks who didn’t get a visa to study in the U.S. and therefore won’t be in a situation to found a company later on,” says Azoulay.
A new study co-authored by Professor Scott Stern finds that stimulus measures enacted during the pandemic may have contributed to a surge in start-ups in America, particularly in Black neighborhoods, reports Quoctrung Bui for The New York Times. “The idea that the pandemic has kind of restarted America’s start-up engine is a real thing,” says Stern. “Sometimes you need to turn off the car in order to turn it back on.”
In an article for Commonwealth, Prof. Michael Cima and Prof. Fiona Murray spotlight the importance of invention and innovation, noting that “there is an immediate need for actions that will further the nation’s growth in productivity and inclusive prosperity, a measure of the extent to which all sectors of our population are empowered to contribute to the economy and share in its benefits.” Cima and Murray write that: “The power of inclusion is illustrated by the backgrounds and inspirations of the winners of the Lemelson-MIT Prize over 25 years.”
The Economist spotlights how Colgate will be using the super slippery, food-safe coating developed by LiquiGlide, an MIT startup, to create a new line of toothpastes “that promise to deliver every last drop.” The Economist notes: “Besides pleasing customers who like to get their money’s worth, the new, slippery toothpaste tubes should help with recycling.”
Regent, a company founded by two MIT graduates, has created a seaglider, an “all-electric vehicle [that] is a cross between a boat and an airplane,” reports CBS Boston. “It can travel up to 180 mph, never flying higher than a wingspan above the water.”