Author: Connected World

A young innovator saw an opportunity to develop a new way for our environment to consume, compost, and bio-degrade plastic—and this invention could completely change how we manufacture products in the future. 26-year-old Dillon Baxter and 29-year-old Maxime Blandin have raised $17.5 million in capital for their company PlantSwitch, which includes one $5 million USDA grant to manufacture bioplastic raw material for multiple Fortune 500 companies including fast-food chains, pharmacy chains, and large cosmetics brands, just to name a few. Here is how this can help: PlantSwitch bioplastic products can easily break down in common composting bins. Offer a nontoxic…

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We have talked about the rise of EVs (electric vehicles). Now, let’s talk about the future of the electric ship market, where there are big opportunities. Less than 1% of global merchant fleet currently runs on alternative fuels, but that could potentially change in the future, according to one new report. IDTechEx says the electric ship market has historically been led by electric ferry orders, which make up 37% of the maritime battery capacity deliveries between 2019 and 2022. Geographically, we see Norway is a key area that has already seen much growth, with roughly 100 electric ferries in operation.…

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