Innovation and Entrepreneurship (I&E)

STAT reporter Kate Sheridan spotlights MIT startup Lyra Therapeutics, which is developing a long-acting treatment for chronic rhinosinusitis.

Boston Globe reporter Hiawatha Bray writes that MIT startup DUST Identity has developed a technique that uses diamond dust to identify counterfeit products. The diamond dust is sprayed onto a product to tag it, and “because the bits of diamond are distributed at random inside the material, no two tags will ever be the same,” Bray explains.

Fast Company reporter Katharine Schwab spotlights MIT startup Embr Labs, which has developed a wearable device that can help keep users cool. “Cooling individuals could be a lot cheaper and less wasteful than cooling entire buildings,” writes Schwab.

Optimus Ride, a startup founded by MIT alumni, will start a self-driving car shuttle service at an industrial park in New York City, reports the Associated Press. “The free service is expected to transport some 500 passengers daily on the yard’s internal roads,” the AP explains.

MIT startup Optimus Ride is launching a self-driving shuttle service at the Brooklyn Navy Yard, reports Andrew J. Hawkins for The Verge.

Forbes reporter Amy Feldman spotlights MIT startup Ginkgo Bioworks, which aims to “design, modify and manufacture organisms to make existing industrial processes cheaper and entirely new processes possible.” Feldman notes that the promise of synthetic biology is “not just a proliferation of new products, but also a reduction of the environmental harm that comes from our heavy reliance on petrochemicals.”

MIT Solve has launched an innovation fund aimed at attracting funding for social-impact ventures tackling global issues such as access to clean water, reports Eillie Anzilotti for Fast Company. “There’s an increase in focus on these issues in the U.S. and across the world, and there’s definitely increased movement on the political and investment spectrums,” explains Alex Amouyel, executive director of Solve.

The Economist highlights how MIT startup Indigo is developing an engine system that could be incorporated within an electric vehicle’s wheels. The Economist notes that Indigo believes their system, “a module that incorporates brakes, steering and an active suspension, as well as a motor, overcomes both the electrical problem and the unsprung-weight problem, thus paving the way for in-wheel drives to become mainstream.”

WCVB-TV’s Chronicle highlights MIT startup Lunar Station, which is developing navigational services for companies and organizations looking to travel to the moon. Chronicle explains that the Lunar Station team “maps the lunar surface to ensure safe and profitable missions.”

John Steele Gordon writes for The Wall Street Journal about the history of census taking, which was aided by an electromechanical tabulating machine invented by MIT Prof. Herman Hollerith in 1899. “The Census Office immediately adopted the technology and was able to announce the total population in 1890 a mere six weeks after the count,” writes Gordon.

In an article they co-authored for STAT, Prof. Eric von Hippel and visiting scientist Harold DeMonaco suggest that patients often offer solutions for improving health care that medical professionals overlook. “In addition to fulfilling a personal need, patient-innovators are also attracted by the learning they gain from the process and from sharing their innovations with people with similar needs,” they write. “In short, it is a highly self-rewarding endeavor.”

TechCrunch reporter Jonathan Shieber writes about the women’s rental clothing service Armoire, an MIT spinoff. Shieber explains that Armoire aims to “provide a daily wardrobe for professional women at a price point that could be attractive enough to switch from an ownership to a rental model for fashion.”

Forbes contributor Poornima Peiris highlights some of the technology solutions developed by solvers participating in MIT Solve’s global challenges. Peiris spotlights everything from a new system to grow oyster reefs that can protest coastlines during storms and help filter toxins in water to a device that can be used to remotely monitor vital signs in infants in low-income areas of the world.

Forbes contributor Randy Bean spotlights how MIT Solve enables entrepreneurs to tackle some of the world’s most pressing challenges. “We are excited to address the early-stage innovation gap that will help us conquer the most pressing social problems across the world,” explains Alexandra Amouyel, Solve’s executive director.

Writing for Scientific American, Prof. Bob Langer examines how breakthroughs in biotechnology and materials science are enabling more personalized and effective treatments for patients. Langer highlights how by “engineering polymers that offer smart delivery systems, we can target specific parts of the body. This limits exposure and therefore adverse effects, offering more effective and precise treatment.”