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On June 23, Rio Tinto (RIO.N), BHP Billiton (BHP.N), and Caterpillar Inc. (CAT.N) launched a trial of battery-powered electric transport trucks in the Pilbara region. The joint trial showed "significant progress." In the initial testing phase, over 100 hours of operation and 200 test cycles have been completed. The next phase will evaluate dynamic charging technology. The three companies stated that dynamic charging could become a key factor in improving operational efficiency. BHP Billiton reiterated its target of reducing operating greenhouse gas emissions by at least 30% from fiscal year 2020 levels by fiscal year 2030.Rio Tinto (RIO.N): Rio Tinto (RIO.N), BHP Billiton (BHP.N) and Caterpillar (CAT.N) launched a trial of a battery-powered electric transport truck in Pilbara.On June 23, US President Trump posted on social media, “At least 39 people injured and 4 dead in the Chicago weekend shooting. Governor Pritzker, as president, I can fix this quickly and permanently. Washington, D.C., Memphis, New Orleans, [crime rates] are at historic lows, and very quickly! Call me!” Since Friday night, a series of shootings in Chicago have resulted in multiple injuries and deaths. This violence has prompted Trump to renew his call for the deployment of troops to Chicago. Illinois Governor J.B. Pritzker has repeatedly rejected such federal intervention.June 23 – According to data from the European Automobile Manufacturers Association (ACEA), Tesla (TSLA.O) new car registrations in the EU, UK, Iceland, Liechtenstein, Norway, and Switzerland more than doubled year-on-year in May, reaching 28,610 units. In the EU market alone, Tesla sold 21,767 units, also more than double the sales of the same period last year. May marks the fourth consecutive month of sales growth for Tesla in Europe, indicating that after more than a year of decline, the companys electric vehicles are regaining consumer favor. According to ACEA data, the company first achieved new car registration growth since December 2024 in February of this year.Deutsche Bank: If the Federal Reserve raises interest rates, gold prices could fall to $3,800 per ounce.

SpaceX and T-Mobile intend to expand coverage by connecting phones to satellites

Skylar Williams

Aug 26, 2022 10:50

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T-Mobile US (NASDAQ:TMUS) Inc will use Elon Musk's SpaceX's Starlink satellites to provide network access to mobile users in certain areas of the United States, the companies revealed Thursday, revealing plans to connect mobile phones directly to satellites in orbit.


The new plans, which would exist alongside T-current mobile's cellular services, would eliminate the need for cell towers and offer service for sending texts and images where cell coverage does not currently exist, which is crucial for emergency situations in remote areas, Musk said at a flashy event at his company's rocket facility in south Texas on Thursday.


T-mid-band Starlink's satellites will leverage Mobile's airwaves to establish a new network. By the end of the year, the bulk of the company's customers' phones will be compatible with the new service, which will debut beta messaging services.


Since 2019, SpaceX has launched over 3,000 low-Earth-orbiting Starlink satellites, beating rivals OneWeb and Amazon.com Inc's Project Kuiper.


Musk added that SpaceX's next-generation Starlink satellites, the first of which is expected to launch on SpaceX's next-generation Starship rocket once it is completed, will be equipped with larger antennae that will provide direct access to T-mobile mobile phones.


"We're constructing specialized antennas... They are quite advanced and have really huge antennas "He declared. "Importantly, you will not be required to buy a new phone. The phone you possess today is functioning."


In the meantime, U.S. telecom carriers are rushing to construct the mid-band portion of their 5G networks in order to catch up to T-Mobile, which acquired a significant 2.5 GHz of mid-band spectrum through its acquisition of Sprint.


Mid-band or C-Band has shown to be excellent for 5G due to its optimal mix of capacity and coverage.


Following the pilot phase of messaging services, the company indicated its intention to seek phone and data coverage.


Satellite communications business AST SpaceMobile Inc is also building a global cellular broadband network in space that will operate with mobile devices without the need for additional equipment.