PROJECT LOON Market Report 2019 By Major Companies;Google,Facebook, SpaceX

Global PROJECT LOON Market In-depth Research Report Analysis and Forecast to 2025. Project Loon has been tested and the complete execution …

Global PROJECT LOON Market In-depth Research Report Analysis and Forecast to 2025

Project Loon has been tested and the complete execution of this project is expected to take effect in the year 2017. It was first tested in New Zealand and the trial was a success. Google’s Loon is close to producing and launch thousands of balloons to provide internet access from the sky.

Given the rising number of the mobile internet subscriptions and not to forget the ever-increasing growth in the world population, the need for access to the internet is going to become stronger in every corner of the world. The consumers’ demands and requirements are evolving and so are the needs in almost all the important industrial sectors.

Get an exclusive PDF Sample Copy of This Report @ https://bit.ly/2lQjyeO

Global PROJECT LOON market competition by top manufacturers/players; Google, Telefonica, Telstra, Raven Aerostar, Vodafone, Facebook, SpaceX, and Many Others.

This report focuses on the global PROJECT LOON status, future forecast, growth opportunity, key market and key players. The study objectives are to present the PROJECT LOON development in United States, Europe and China.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross market Global PROJECT LOON.

Global PROJECT LOON Industry report provides key statistics on the market status of the Global PROJECT LOON Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Major Topics Covered in this Report –

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 Market Size by Manufacturers

Chapter 4 Production by Regions

Chapter 5 Consumption by Regions

Chapter 6 Market Size by Type

Chapter 7 Market Size by Application

Chapter 8 Manufacturers Profiles

Chapter 9 Production Forecasts

Chapter 10 Consumption Forecast

Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis

Chapter 12 Opportunities & Challenges, Threat and Affecting Factors

Chapter 13 Key Findings

Chapter 14 Appendix

For More Information about the Report @ https://bit.ly/2lQjyeO

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Robotaxis: Voyage versus Ford, Waymo, and Tesla

Franklin Templeton led the round, followed by Khosla Ventures, InMotion Ventures (Jaguar Land Rover’s venture capital fund), and Chevron …

Autonomous ride-sharing startup Voyage has raised about $31 million in the Series B round, according to its press release. Franklin Templeton led the round, followed by Khosla Ventures, InMotion Ventures (Jaguar Land Rover’s venture capital fund), and Chevron Technology Ventures, Chevron’s (CVX) venture capital arm. This round brings Voyage’s total funding to $52 million to date. The company plans to use the funds to expand its fleet size and team.

Voyage’s robotaxi foray

Voyage, which started its journey in 2017, aims at providing a robotaxi service to commuters. Currently, it’s operating in retirement zones in California and Florida. It has a multiyear exclusive license to operate self-driving ride-sharing vehicles in The Villages in Florida. The Villages is the largest retirement community in the world. It’s spread over 32 square miles and is home to about 78 villages housing around 100–1,550 homes.

These kinds of retirement communities suit the Voyage robotaxi service. The company’s autonomous vehicles operate within a speed limit of 25 miles per hour, which resonates with the calmer pace of the retirement world.

Voyage has come a long way from its first-generation (or G1) autonomous vehicles, which it called Homer. Voyage’s G1 robotaxis was based on Ford Fusion and required a test driver. However, the advanced technology used in G2 has taken Voyage a step forward, and it’s now launching a completely driverless vehicle.

The company’s current fleet, known as G2, is based on the Chrysler Pacifica Hybrid minivan. The vehicle uses LiDAR technology to understand complex traffic conditions. G2 also uses best-in-class sensor vision and safety systems. Though Tesla isn’t in favor of using LiDAR technology, Ford, Waymo, and General Motors have invested heavily in it.

With the latest round of funding, Voyage plans to expand its reach within and outside the retirement community. The company is also working on the next version of its autonomous vehicle, the G3.

Robotaxi competitors

Voyage’s run from startup to expansion seems quite impressive. Though the funds raised by the company are lower than the investments made by leading automakers, Voyage is growing fast. In the autonomous ride-sharing industry, Alphabet’s (GOOGL) (GOOG) Waymo, Ford (F), and Tesla (TSLA) are making huge investments in commercial launches.

Alphabet’s Waymo: A major robotaxi player

Waymo is on its way toward the commercial launch of robotaxis. The company is already operating its service in two cities: Phoenix and Silicon Valley. In Phoenix, some rides are charged, while in Silicon Valley, the service is run for employees. Within the past couple of months, the robotaxis have completed 10,500 trips, 70% of which have received five-star ratings.

Further, Waymo has a strategic alliance with Land Rover Jaguar to design and produce an autonomous fleet of Jaguar I‑PACE vehicles. The duo expects as many as 20,000 I-Pace vehicles to be part of Waymo’s ride-sharing autonomous network in the first two years of its production. To learn more, read Alphabet’s Waymo Is Planning Massive Expansion of Taxi Service.

Ford is making its way

Ford is investing heavily in becoming a leader in the autonomous vehicle segment. The company, along with Volkswagen, has invested in Argo AI for research and development of autonomous vehicles. It plans to launch its self-driving cars by 2021.

Ford believes that the transportation industry is evolving fast, and robotaxis could bring in a new age of growth. The company plans to tap this opportunity with Ford Smart Mobility. Jim Hackett, president and CEO of Ford, said, “Transportation in the world today is on the cusp of a major revolution, and Ford plans to lead the way by changing the way the world moves through Ford Smart Mobility.”

Robotaxis by Tesla

Another mainstream player, Tesla, is all set to launch its fleet of robotaxis by 2020. It will initially offer its Model 3 for the robotaxi service. Tesla is also planning to launch Tesla Network, which will allow owners to place their autonomous vehicles as robotaxis.

Tesla Network, an innovative concept, could change the way the transportation sector works. Moreover, customers will look at car ownership from a different perspective. Some might not want to own a car at all due to the availability of robotaxis. However, others could own a vehicle for the earnings opportunity (which Tesla puts at about $30,000 per year).

Tesla’s car will come with a next-generation battery, which will be good for about 1 million miles. These cars will require minimal maintenance and have a competitive operating cost. The company expects its robotaxis to run at a cost of about $0.18 per mile, much lower than major ride-sharing companies.

Apple is still keeping its project a secret

Apple (AAPL) isn’t far behind in the race. It’s acquired Drive.ai for its hush-hush autonomous car project. Recently, it tested its self-driving car in Cupertino for its sensors. The company has been pretty quiet on its autonomous car progress, but it’s testing more and more self-driving cars.

Overall

Voyage is quite small compared to the behemoths in the industry, but it’s seeing impressive growth. It does plan to expand outside the retirement community, but it will need time to reach cities (considering its long path to commercialization in urban areas). Plus, in the next couple of years, leading automakers may have launched robotaxi networks. The company will likely need more time to grow in order to compete with the heavyweights.

To learn more, read Autonomous Cars: Ford and Tesla Have Big Plans.

CVX

Next article
13
Sep

Here’s Why Tesla Bulls Are Having a Nightmare
WRITTEN BY Mohit Oberoi, CFA

Tesla stock is having a terrible run this year. Based on yesterday’s closing prices, the stock is down 26.1%, while the S&P 500 has risen 20.0%.

Previous article
13
Sep

Paul Singer Hedges His Portfolio against a Recession
WRITTEN BY Rabindra Samanta

Paul Singer increased his holdings in QQQ put option contracts by 22%. He reduced his holdings in QQQ call option contracts by 60% on a sequential basis.

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  • ford self driving
  • ride-sharing
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  • Tesla self driving
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    Voyage raises $31m to bring autonomous cars to retirement communities

    There was also significant participation from Khosla Ventures, Jaguar Land Rover’s InMotion Ventures, and Chevron Technology Ventures. The total …

    Following fresh investment, autonomous vehicle firm Voyage is now expanding its teams in Palo Alto and Florida.

    On Thursday (12 September), Palo Alto-based start-up Voyage announced that it had secured $31m in Series B funding.

    The autonomous vehicle company, which spun out from online education organisation Udacity in 2017, participated in the Y-Combinator accelerator.

    In a blogpost about the funding, Voyage co-founder and CEO Oliver Cameron noted that the round was led by Franklin Templeton. There was also significant participation from Khosla Ventures, Jaguar Land Rover’s InMotion Ventures, and Chevron Technology Ventures.

    Voyage has raised a total of $52m to date, which is a relatively small figure compared to the billions invested into self-driving cars by Waymo, Cruise and Uber.

    As Forbes pointed out in a recent profile, Voyage has been building up real-world experience in low-speed autonomous vehicles for two years, focusing on a niche that aligns with where autonomous vehicle technology is at the moment.

    Cameron told Forbes: “A zero-to-25mph self-driving car – we believe that problem is very, very solvable. The zero-to-65mph self-driving car will take more time, so we’re trying to deliver on this really critical promise of self-driving cars by finding a solvable problem. We want to focus our time on the places or people that desperately need something better.”

    Two engineers in a white car, having a discussion while one holds a laptop.

    From left: Voyage engineers Alan Mon and Trung-Dung Vu. Image: Voyager

    In the company’s blogpost about its latest round of funding, Cameron said: “At Voyage, our mission is to deliver on the promise of self-driving cars, and we are thrilled to be working with forward-thinking investors who deeply believe in that mission.”

    The CEO added that these new resources will help the company deliver an autonomous ride-hailing service to the customers who need it most.

    Commercialisation plans

    Cameron also outlined the company’s next steps. He said that Voyage will expand its team of self-driving experts and expand its fleet of G2 self-driving cars in California and Florida, before eventually introducing the company’s G3 self-driving car.

    With this technology, Voyage plans to provide transport services to older residents in retirement communities.

    “Our first driverless product (with no test driver) aims to ensure there’s always a viable option to move around independently within a community,” Cameron explained.

    “We’ve been working for over two years on this driverless product and progress has been rapid. Our vehicles intelligently and autonomously navigate the complex neighbourhoods of our communities, and safely transport our passengers door-to-door.

    “This capital will take us to the next level, enabling us to commercialise safe, self-driving technology within and outside these communities.”

    Barbara Burger, president of Chevron Technology Ventures, said that investing in Voyage is a natural step for the company.

    “Chevron has been supporting the public’s transportation needs for over 100 years,” she said. “As our customers’ mobility needs and preferences change, we want to continue to be part of their journeys. Our investment in Voyage affirms this commitment.”

    The company is now hiring for engineering, operations and leadership positions in both Palo Alto and Florida.

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    Waymo CEO Reveals Plans for Self-Driving Trucks, a Bold Promise Uber Failed to Achieve

    SEE ALSO: Tesla Insurance Confirms Elon Musk’s Faith in Self-Driving’s Future. “Our technology can make trucking safer and stronger, and fill a …
    John Krafcik, CEO of Waymo, speaks at the International Frankfurt Motor Show opening ceremony.

    John Krafcik, CEO of Waymo, speaks at the International Frankfurt Motor Show opening ceremony. Frank Rumpenhorst/picture alliance via Getty Images

    Waymo, the self-driving startup backed by Google’s parent company Alphabet, is best known as a leader in making autonomous driving systems for small cars and minivans. But its CEO John Krafcik, like many of his auto tech peers, wants to take his company’s futuristic technology one step further… to trucks.

    Speaking at the International Frankfurt Motor Show in Germany on Thursday, Krafcik said Waymo is eyeing a fully self-driving truck and has the necessary technology to make it happen.

    SEE ALSO: Tesla Insurance Confirms Elon Musk’s Faith in Self-Driving’s Future

    “Our technology can make trucking safer and stronger, and fill a pressing need for more drivers in many parts of the world,” Krafcik said.

    Expanding self-driving from cars to trucks may sound like a standard move for an auto tech company, but it’s actually quite a bold promise, because applying new technology to automobiles is often not a one-size-fits-all game.

    Take electric cars, for example. Today, millions of electric cars are sold worldwide every year, but there has yet to be an entirely electric truck to reach the market due to the difficulty of making a powerful enough, yet small enough, battery for such a heavy-duty vehicle.

    According to a Carnegie Mellon University study this year, a battery powerful enough to drive a semi-truck 600 miles (the range offered by most electric sedans) would require a battery that weighs more than the cargo.

    Self-driving trucks, while not subject to the same challenges as electric trucks, will face their own set of hurdles.

    Pickup trucks, for example, are designed to be driven on rough terrain and are expected to deal with difficult road conditions, which means their self-driving systems may require a completely different training process than the ones made for small cars running on city roads. Not to mention, the greater damage trucks could cause if things go wrong.

    But Krafcik said Waymo’s software is ready to take on the challenge.

    “We’ve already conducted road tests of the Waymo Driver in Class 8 trucks across the U.S.,” he said. “And we’re working closely with the ecosystem—shippers, truck makers and tier one suppliers—to ensure a successful deployment.”

    If successfully deployed, self-driving trucks could provide a solution to a growing shortage of truck drivers in the U.S. and many European countries. Waymo’s primary rival in the self-driving tech space, Uber, had mulled a similar project in the past, but the program was shut down in July 2018.

    Waymo CEO Reveals Plans for Self-Driving Trucks, a Bold Promise Uber Failed to Achieve

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