Saturday, April, 20, 2019 12:25:32

Geospace Technologies buys OptoSeis® fiber optic technology of PGS

The seismic equipment manufacturer Geospace Technologies has reportedly purchased all the intellectual property and related assets of the fiber optic sensing technology of PGS Americas’ named as OptoSeis®. As per trusted sources, Geospace would continue to operate the business in Texas and intends to retain …

Blockchain company Ripple looking to overhaul Swift banking network

Ripple Labs, the blockchain fintech startup, aims to utilize blockchain technology to overtake the Swift banking network which is decades old, claims Ripple CEO Brad Garlinghouse. Reportedly, majority of the financial and security transitions across the world take place via the Swift network. Technically, blockchain …

U.S. researchers develop ‘bionic mushroom’ that generates electricity

Researchers at the Stevens Institute of Technology (SIT), Hoboken, New Jersey have recently developed a ‘bionic mushroom’ capable of producing electricity. As per trusted sources, researchers at the institute have seemingly transformed a typical white-button mushroom into a bionic one by integrating it with 3D-printed …