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NASA Accelerates Space Exploration, Earth Science for All in 2024
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WASHINGTON, Dec. 6, 2024 /PRNewswire/ — With a look back at 2024, NASA is celebrating its many innovative and inspiring accomplishments this year including for the first time, landing new science and technology on the Moon with an American company, pushing the boundaries of exploration by launching a new mission to study Jupiter’s icy moon Europa; maintaining 24 years of continuous human exploration off the Earth aboard the International Space Station, and unveiling the first look at its supersonic quiet aircraft for the benefit of humanity.
The agency also shared the wonder of a total eclipse with millions of Americans, conducted the final flight of its Ingenuity helicopter on the Red Planet, demonstrated the first laser communications capability in deep space, tested the next generation solar sail in space, made new scientific discoveries with its James Webb Space Telescope, completed a year-long Mars simulation on Earth with crew, announced the newest class of Artemis Generation astronauts, and much more.
“In 2024, NASA made leap after giant leap to explore, discover, and inspire – all while bringing real, tangible, and substantial benefits to the American people and to all of humanity,” said NASA Administrator Bill Nelson. “We deepened the commercial and international partnerships that will help NASA lead humanity back to the Moon and then to the red sands of Mars. We launched new missions to study our solar system and our universe in captivating new ways. We observed our changing Earth through our eyes in the sky – our ever-growing fleet of satellites and instruments – and shared that data with all of humanity. And we opened the doors to new possibilities in aviation, new breakthroughs on the International Space Station, and new wonders in space travel.”
Through its Moon to Mars exploration approach, the agency continued moving forward with its Artemis campaign, including progress toward its first mission around the Moon with crew in more than 50 years and advancing plans to explore more of the Moon than ever before. So far in 2024, 15 countries signed the Artemis Accords, committing to the safe, transparent, and responsible exploration of space with the United States.
As part of efforts to monitor climate change, the agency launched multiple satellites to study our changing planet and opened its second Earth Information Center to provide data to a wider audience.
With the release of its latest Economic Impact Report, NASA underscored the agency’s $75.6 billion impact on the U.S. economy, value to society, and return on investment for taxpayers.
“To invest in NASA is to invest in American workers, American innovation, the American economy, and American economic competitiveness. Through continued investments in our workforce and our infrastructure, NASA will continue to propel American leadership on Earth, in the skies, and in the stars,” said Nelson.
Key 2024 agency highlights across its mission areas include:
Preparing for Moon, Mars
This year, NASA made strides toward the Artemis Generation of scientific discovery at the Moon while validating operations and systems to prepare for human missions to Mars. The agency advanced toward Artemis II, the first crewed flight under Artemis:
NASA announced results of its Orion heat shield investigation and updated its timelines for Artemis II and III.Teams delivered the core stage and launch vehicle stage adapter of the SLS (Space Launch System) rocket from NASA’s Michoud Assembly Facility in New Orleans to NASA’s Kennedy Space Center in Florida and began stacking the rocket’s booster segments.Engineers carried out a series of tests of the mobile launcher and systems at NASA Kennedy’s Launch Pad 39B ahead of the test flight and added an emergency egress system to keep crew and other personnel at the launch pad safe in the case of an emergency.NASA performed key integrated testing of the Orion spacecraft that will send four astronauts around the Moon and bring them home, including testing inside an altitude chamber simulating the vacuum conditions of deep space.The crew and other teams performed key training activities to prepare for flight, including practicing recovery operations at sea, as well as launch countdown and mission simulations.In February, the first Moon landing through the agency’s CLPS (Commercial Lunar Payload Services) initiative brought NASA science to the lunar surface on Intuitive Machines’ Nova-C lander successfully capturing data that will help us better understand the Moon’s environment and improve landing precision and safety.In August, NASA announced that a new set of NASA science experiments and technology demonstrations will arrive at the lunar South Pole in 2027 following the agency’s latest CLPS initiative delivery award.To return valuable samples from Mars to Earth, NASA sought innovative designs and announced a new strategy review team to assess various design studies to reduce cost, risk, and complexity.NASA’s MAVEN (Mars Atmosphere and Volatile EvolutioN) spacecraft celebrated 10 years of exploration of the Red Planet’s upper atmosphere.After three years, NASA’s Ingenuity Mars Helicopter ended its mission in January, with dozens more flights than planned.In September, the NASA Space Communications and Navigation team awarded a contract to Intuitive Machines to support the agency’s lunar relay systems as part of the Near Space Network, operated by NASA’s Goddard Space Flight Center in Greenbelt, Maryland.NASA identified an updated set of nine potential landing regions near the lunar South Pole for its Artemis III mission.Capturing the current state of the Moon to Mars architecture, NASA released the second revision of its Architecture Definition Document.NASA formalized two international agreements for key Artemis elements, including with the United Arab Emirates for the Gateway airlock module, and with Japan to provide a pressurized rover for the lunar surface.Astronauts, scientists, and engineers took part in testing key technologies and evaluating hardware needed to work at the Moon, including simulating moonwalks in geologically Moon-like areas of Arizona, practiced integration between the crew and mission controllers, participated in human factors testing for Gateway, and evaluated the developmental hardware.NASA worked collaboratively with SpaceX and Blue Origin on their human lunar landers for Artemis missions, exercising an option under existing contracts to develop cargo variants of their human landers.In August, as part of its commitment to a robust, sustainable lunar exploration program for the benefit of all, NASA announced it issued a Request for Information to seek interest from American companies and institutions in conducting a mission using the agency’s VIPER (Volatiles Investigating Polar Exploration Rover) Moon rover.The agency selected three companies to advance capabilities for a lunar terrain vehicle that Artemis astronauts will use to travel around the lunar surface.NASA completed a critical design review on the second mobile launcher, which will launch the more powerful Block 1B version of the SLS rocket.Engineers at NASA Kennedy continued outfitting the Artemis III and IV Orion crew modules and received the European-built Orion service module for Artemis III; they also received several sections of the Artemis III and IV SLS core stages, and upgraded High Bay 2 in the Vehicle Assembly Building.NASA completed its second RS-25 certification test series at NASA’s Stennis Space Center near Bay St. Louis, Mississippi, setting the stage for production of new engines to help power future Artemis missions to the Moon and beyond.The CHAPEA (Crew Health and Performance Exploration Analog) 1 crew completed a 378-day mission in a ground-based Mars habitat at NASA’s Johnson Space Center in Houston.
Observing, Learning About Earth
NASA collects data about our home planet from space and on land, helping understand how our climate on Earth is changing. Some of the agency’s key accomplishments in Earth science this year include:
After launching into space in February, NASA’s PACE (Plankton, Aerosol, Cloud, ocean Ecosystem) satellite mission is successfully transmitting first-of-their-kind measurements of ocean health, air quality, and the effects of a changing climate.Using the agency’s TEMPO (Tropospheric Emissions: Monitoring of Pollution) instrument, NASA made available new near-real time data providing air pollution observations at unprecedented resolutions – down to the scale of individual neighborhoods.Launched in May and June, NASA’s PREFIRE (Polar Radiant Energy in the Far-Infrared Experiment) CubeSats started collecting data on the amount of heat in the form of far-infrared radiation that the Arctic and Antarctic environments emit to space.NASA rolled out the Disaster Response Coordination System, a new resource that delivers up-to-date information on fires, earthquakes, landslides, floods, tornadoes, hurricanes, and other extreme events to emergency managers.The agency partnered with the Smithsonian National Museum of Natural History to open the Earth Information Center exhibit.
Exploring Our Solar System, Universe
NASA’s Europa Clipper embarked Oct. 14 on its long voyage to Jupiter, where it will investigate Europa, a moon with an enormous subsurface ocean that may have conditions to support life. NASA collaborated with multiple partners on content and social media related to the launch, including engagements with the National Hockey League, U.S. Figure Skating, 7-Eleven, e.l.f., Girl Scouts, Crayola, Library of Congress, and others. NASA’s 2024 space exploration milestones also include:
NASA’s groundbreaking James Webb Space Telescope marked more than two years in space, transforming our view of the universe as designed, by studying the most distant galaxies ever observed, while raising exciting new questions about the atmospheres of planets outside our solar system.As part of an asteroid sample exchange, NASA officially transferred to JAXA (Japan Aerospace Exploration Agency) a portion of the asteroid Bennu sample collected by the agency’s OSIRIS-Rex (Origins, Spectral Interpretation, Resource Identification, and Security-Regolith Explorer) mission in a ceremony on Aug. 22.After surviving multiple challenges this year, NASA’s Voyager mission continues to collect data on the furthest reaches of our Sun’s influences.NASA selected a new space telescope for development that will survey ultraviolet light across the entire sky, called UVEX (UltraViolet Explorer).This year, all remaining major components were delivered to NASA Goddard to begin the integration phase for the agency’s Nancy Grace Roman Space Telescope.NASA developed, tested, and launched the patch kit that astronauts will use to repair the agency’s NICER (Neutron star Interior Composition Explorer) telescope on the International Space Station.The agency continued preparing the SPHEREx (Spectro-Photometer for the History of the Universe, Epoch of Reionization and Ices Explorer) mission to launch by April 2025.To manage the maturation of technologies necessary to develop the Habitable Worlds Observatory telescope, NASA established a project office at NASA Goddard.NASA and partners declared that the Sun reached solar maximum in 2024, a period of heightened solar activity when space weather becomes more frequent.The Solar and Heliospheric Observatory, a joint mission between ESA (European Space Agency) and NASA, discovered its 5,000th comet in March.NASA’s Sounding Rocket Program provided low-cost access to space for scientific research, technology development, and educational missions. NASA launched 14 sounding rocket missions in 2024. Scientists announced findings from a sounding rocket launched in 2022 that confirmed the existence of a long-sought global electric field at Earth.The agency established a new class of astrophysics missions, called Astrophysics Probe Explorers, designed to fill a gap between NASA’s flagship and smaller-scale missions.
Living, Conducting Research in Space
In 2024, a total of 25 people lived and worked aboard the International Space Station, helping to complete science for the benefit of humanity, open access to space to more people, and support exploration to the Moon in preparation for Mars. A total of 14 spacecraft visited the microgravity laboratory in 2024, including eight commercial resupply missions from Northrop Grumman and SpaceX, as well as international partner missions, delivering more than 40,000 pounds of science investigations, tools, and critical supplies to the space station. NASA also helped safely return the uncrewed Boeing Starliner spacecraft to Earth, concluding a three-month flight test to the International Space Station. In addition:
In March, NASA welcomed its newest class of Artemis Generation astronauts in a graduation ceremony. The agency also sought new astronaut candidates, and more 8,000 people applied.NASA astronaut Jasmin Moghbeli, ESA (European Space Agency) astronaut Andreas Mogensen, and JAXA (Japan Aerospace Exploration Agency) astronaut Satoshi Furukawa returned to Earth at the conclusion of NASA’s SpaceX Crew-7 mission aboard the International Space Station. The three crew members, along with Roscosmos cosmonaut Konstantin Borisov, splashed down in March off the coast of Pensacola, Florida, completing a six-and-a-half-month mission contributing to hundreds of experiments and technology demonstrations.In June, NASA astronauts Butch Wilmore and Suni Williams safely arrived at the space station aboard Boeing’s Starliner spacecraft following launch of their flight test. With Starliner’s arrival, it was the first time in station history three different spacecraft that carried crew to station were docked at the same time. Starliner returned uncrewed in September following a decision by NASA. Wilmore and Williams, now serving as part of the agency’s Crew-9 mission, will return to Earth in February 2025.NASA astronaut Don Pettit, accompanied by Roscosmos cosmonauts Alexey Ovchinin and Ivan Vagner, arrived at the orbital laboratory in September to begin a six-month mission.Completing a six-month research mission in September, NASA astronaut Tracy C. Dyson returned to Earth with Roscosmos cosmonauts Oleg Kononenko and Nikolai Chub aboard the Soyuz MS-25 spacecraft.NASA astronaut Nick Hague and Roscosmos cosmonaut Aleksandr Gorbunov launched on the agency’s SpaceX Crew-9 mission to the space station.Concluding a nearly eight-month science mission, NASA’s SpaceX Crew-8 mission safely returned to Earth, splashing down on Oct. 25, off the coast of Pensacola, Florida.NASA and Axiom Space successfully completed the third private astronaut mission to the space station in February, following an 18-day mission, where the crew conducted 30 experiments, public outreach, and commercial activities in microgravity.The agency announced SpaceX was selected to develop and deliver the U.S. Deorbit Vehicle, which will safely move the space station out of orbit and into a remote area of an ocean at the end of its operations.NASA and SpaceX monitored operations as the company’s Dragon spacecraft performed its first demonstration of reboost capabilities for the space station.NASA concluded the final mission of its Spacecraft Fire Safety Experiment, or Saffire, putting a blazing end to an eight-year series of investigations looking at fire’s behavior in space.A robotic surgical tool aboard space station was successfully controlled remotely by surgeons on Earth. The Robotic Surgery Tech Demo tested the performance of a small robot to evaluate the effects of microgravity and time delays between space and ground.The first successful metal 3D print was conducted aboard the space station, depositing a small s-curve in liquified stainless steel for the Metal 3D Printer investigation to test additive manufacturing of small metal parts in microgravity for equipment maintenance on future long-duration missions.In 2024, 17 NASA Biological and Physical Science research payloads were delivered to the orbital laboratory, spanning quantum, plant biology, and physical sciences investigations.More than 825,000 photos of Earth were taken from the space station in 2024 so far, contributing to research tracking how our planet’s landscapes are changing over time. Expedition 71 produced more than 630,000 images, the most taken during a single mission. In total, more than 5.3 million photos have been taken from the space station, providing imagery for urban light studies, studies of lightning flashes, and 14 natural disaster events in 2024 alone.
Imagining Future Flight
NASA researchers worked to advance innovations that will transform U.S. aviation, furthering the Sustainable Flight National Partnership and other efforts to help the country reach net zero carbon emissions by 2050. NASA also unveiled its X-59 quiet supersonic aircraft, the centerpiece of its Quesst mission to make quiet overland supersonic flight a reality. NASA aeronautics initiatives also worked to bring air taxis, delivery drones, and other revolutionary technology closer to deployment to benefit the U.S. public and industry. Over the past year, the agency:
Began testing the quiet supersonic X-59’s engine ahead of its first flight.Made further progress in research areas of Quesst mission, including ground recording station testing and advancement and structural tests on the aircraft.Publicly unveiled the X-59 in January, providing the first look at this unique aircraft.Tested a wind-tunnel model of the X-66, an experimental aircraft designed to reduce the carbon footprint.Began building the X-66 simulator that will allow pilots and engineers to run real-life scenarios in a safe environment.Funded new studies looking at the future of sustainable aircraft for the 2050 timeframe and beyond.Built a new simulator to study how passengers may experience air taxi rides. The results will help designers create new aircraft types with passenger comfort in mind.Developed a computer software tool called OVERFLOW to predict aircraft noise and aerodynamic performance. This tool is now being used by several air taxi manufacturers to test how propellers or wings perform.In collaboration with Sikorsky and DARPA (Defense Advanced Research Projects Agency), flew two helicopters autonomously using NASA-designed collision avoidance software.Designed and flew a camera pod with sensors to help advance computer vision for autonomous aviation.Launched a new science, technology, engineering, and mathematics kit focused on Advanced Air Mobility so students can learn more about air taxis and drones.Continued to reduce traffic and save fuel at major U.S. airports as part of NASA’s to work to improve air travel and make it more sustainable.Worked with partners to demonstrate a first-of-its-kind air traffic management concept for aircraft to safely operate at higher altitudes.Advanced Hybrid-Electric technologies with GE Aerospace under the Hybrid Thermally Efficient Core project.Conducted new ground and flight tests for the Electrified Powertrain Flight Demonstration project, which works to create hybrid electric powertrains for regional and single-aisle aircraft, alongside GE Aerospace and magniX.Collaborated with the Federal Aviation Administration and police and fire departments to strategize on integrating public safety drones into the national airspace.Launched a new science, technology, engineering, and mathematics kit focused on Advanced Air Mobility so students can learn more about air taxis and drones.
Improving Life on Earth, in Space with Technology
NASA develops essential technologies to drive exploration and the space economy. In 2024, NASA leveraged partnerships to advance technologies and test new capabilities to help the agency develop a sustainable presence on the lunar surface and beyond, while benefiting life on our home planet and in low Earth orbit. The following are 2024 space technology advancements:
Deployed NASA’s Advanced Composite Solar Sail System in space, marking a successful test of its composite boom technology.Performed record-breaking laser communications with NASA’s Deep Space Optical Communications technology demonstration by sending a laser signal from Earth to NASA’s Psyche spacecraft about 290 million miles away.NASA’s Advanced Composite Solar Sail System and Deep Space Optical Communications were named among TIME’s Inventions of 2024, along with the agency’s Europa Clipper spacecraft.Supported 84 tests of technology payloads via 38 flights with six U.S. commercial flight providers through NASA’s Flight Opportunities Program.Enabled the first NASA-supported researcher to fly with their payload aboard a commercial suborbital rocket.Advanced critical capabilities for autonomous networks of small spacecraft with NASA’s Starling demonstration, the first satellite swarm to autonomously distribute information and operations data between spacecraft.Demonstrated space-age fuel gauge technology, known as a Radio Frequency Mass Gauge, on Intuitive Machines’ Nova-C lunar lander, to develop technology to accurately measure spacecraft fuel levels.Performed an in-space tank to tank transfer of cryogenic propellent (liquid oxygen) on the third flight test of SpaceX’s Starship.Licensed a new 3-D printed superalloy, dubbed GRX-810, to four American companies to make stronger, more durable airplane and spacecraft parts.Manufactured 3D-printed, liquid oxygen/hydrogen thrust chamber hardware as part of NASA’s Rapid Analysis and Manufacturing Propulsion Technology project, which earned the agency’s 2024 “Invention of The Year” award for its contributions to NASA and commercial industry’s deep space exploration goals.Pioneered quantum discovery using the Cold Atom Lab, including producing the first dual-species Bose-Einstein Condensates in space, the first dual-species atom interferometers in space, and demonstrating the first ultra-cool quantum sensor for the first time in space.Announced two new consortia to carry out ground-based research investigations and conduct activities for NASA’s Biological and Physical Sciences Space Biology Program, totaling $5 million.Awarded $4.25 million across the finales of three major NASA Centennial Challenges, including Break the Ice, Watts on the Moon, and Deep Space Food to support NASA’s Artemis missions and future journeys into deep space. Launched a collaborative process to capture the aerospace community’s most pervasive technical challenges, resulting in a ranked list of 187 civil space shortfalls to help guide future technology development projects, investments, and technology roadmaps.
Growing Global Partnerships
Through the Artemis Accords, almost 50 nations have joined the United States, led by NASA with the U.S. State Department, in a voluntary commitment to engage in the safe, transparent, and responsible exploration of the Moon, Mars, and beyond. The Artemis Accords represent a robust and diverse group of nation states, representing all regions of the world, working together for the safe, transparent, and responsible exploration of the Moon, Mars and beyond with NASA. More countries are expected to sign the Artemis Accords in the weeks and months ahead.
During a May workshop with Artemis Accords signatories in Montreal, Canada, NASA led a tabletop exercise for 24 countries centered on further defining and implementing key tenets, including considering views on non-interference, interoperability, and scientific data sharing among nations.A NASA delegation participated in the 75th International Astronautical Congress in Milan. During the congress, NASA co-chaired the Artemis Accords Principals’ Meeting, which brought together 42 nations furthering discussions on the safe and responsible use of space for the benefit of all.
Celebrating Total Solar Eclipse
During the total solar eclipse on April 8, NASA helped the nation enjoy the event safely and engaged millions of people with in-person events, live online coverage, and citizen science opportunities. NASA also funded scientists around North America to take advantage of this unique position of the Sun, Moon, and Earth to learn more about the Sun and its connection to our home planet. Highlights of the solar celebration include:
The space station crew were among the millions viewing the solar eclipse.NASA collaborated with the Indianapolis Motor Speedway, Google, NCAA Women’s Final Four, Peanuts Worldwide, Microsoft, Sésamo, LEGO, Barbie, Major League Baseball, Third Rock Radio, Discovery Education, and others on eclipse-inspired products and social posts to support awareness of the eclipse and the importance of safe viewing.More than 50 student teams participated in NASA’s Nationwide Eclipse Ballooning Project, with some becoming the first to measure atmospheric gravity waves caused by eclipses.
Building Low Earth Orbit Economy
In August, NASA announced the development of its low Earth orbit microgravity strategy by releasing 42 objectives for stakeholder feedback. The strategy helps to guide the next generation of human presence in low Earth orbit and advance microgravity science, technology, and exploration. NASA is refining the objectives with collected input and will finalize the strategy before the end of the year. Additional advancements include:
NASA modified agreements for two funded commercial space station partners that are on track to develop low Earth orbit destinations for the agency and other customers.A NASA-funded commercial space station, Blue Origin’s Orbital Reef, completed multiple testing milestones for its critical life support system as part of the agency’s efforts for new destinations in low Earth orbit.A full-scale ultimate burst pressure test on Sierra Space’s LIFE (Large Integrated Flexible Environment) habitat structure was conducted, an element of a NASA-funded commercial space station.The agency’s industry partners, through the second Collaborations for Commercial Space Capabilities initiative and Small Business Innovation Research Ignite initiative, completed safety milestones, successful flight tests, and major technological advancements.As NASA opens access to space by working with private industry, the agency shared its medical expertise, human system integration knowledge, utilization requirements, and commercial space food insight to aid in developing safe, reliable, innovative, and cost-effective space stations.To address a rapidly changing space operating environment and ensure its preservation for generations to come, NASA released its integrated Space Sustainability Strategy in April.The agency tested the Sierra Space Dream Chaser spaceplane for the extreme environments of space at NASA’s Neil Armstrong Test Facility in Sandusky, Ohio.NASA’s Glenn Research Center in Cleveland streamed 4K video footage from an aircraft to the space station and back for the first time using optical, or laser, communications.
Inspiring Artemis Generation of STEM Students
NASA continues to offer a wide range of science, technology, engineering, and mathematics (STEM) initiatives and activities, reaching and engaging the next generation of scientists, engineers, and explorers. The agency’s STEM engagements are enhanced through collaborations with partner organizations, the distribution of various grants, and additional strategic activities. Key 2024 STEM highlights include:
Awarded nearly $45 million to 21 higher-education institutions to help build capacity for research, and announced the recipients of grants that will support scientific and technical research projects for more than 20 universities and organizations across the United States.Planted a “Moon Tree,” a seedling that traveled around the Moon and back aboard the agency’s Artemis I mission in 2022, at the U.S. Capitol in Washington. The event highlighted a partnership with the U.S. Forest Service that invited organizations across the country to host the seedlings.Partnered with Microsoft’s Minecraft to engage students in a game-based learning platform, where players can experience NASA’s discoveries with interactive modules on star formation, planets, and galaxy types, modeled using real James Webb Space Telescope images.Collaborate with the U.S. Department of Education to bring STEM to students during after-school hours under the 21st Century Community Learning Centers program, which aims to reach thousands of students in more than 60 sites across 10 states.Launched NASA Engages, a platform to connect and serve the public by providing agency experts to share their experiences working on agency missions and programs.With more than 55,000 applications for NASA internships across the spring, summer and fall sessions, a new recruitment record, NASA helped students and early-career professionals make real contributions to space and science missions.Expanded the agency’s program to help informal educational institutions like museums, science centers, libraries, and other community organizations bring STEM content to communities, resulting in 42 active awards across 26 states and Puerto Rico.Hosted the 30th Human Exploration Rover Challenge, one of NASA’s longest-standing student challenges, with participation from more than 600 students and 72 teams from around the world.
Reaching New, Future Explorers
NASA’s future-forward outreach to current and new audiences is key to providing accessibility to the agency’s scientific discoveries and to growing the future STEM workforce. NASA’s creative and inclusive 2024 strategies to reach the public include:
NASA’s on-demand streaming service, NASA+, achieved four times the viewership of the agency’s traditional cable channel, marking a major milestone in its ongoing web modernization efforts. As part of the digital transformation, NASA said goodbye to NASA Television, its over-the-air broadcast, streamlining how it delivers the latest space, science, and technology news. NASA+ marked its first year of operation Sept. 23, and visitors have played 1,036,389 hours of programming.April 8, the day of the total solar eclipse, brought in 32 million views to NASA’s websites, more than 15 times additional views than the average this year. On average, NASA websites receive 33.4 million views every month.NASA social media accounts saw an increase of 4% in followers since 2023, from 391.2 million in 2023 to 406.8 million this year. On average, NASA accounts see close to 25 million engagements each month.Notable live social media events in 2024 included the first-ever Reddit Ask Me Anything with the platform’s 23-million member “Explain Like I’m Five” community; the first X Spaces conversation from space; and NASA’s first Instagram Live of a launch, which contributed 410,000 of the 6.6 million views of the Boeing Starliner Crew Flight Test launch.NASA Twitch launched custom emotes, issued channel points for the first time, and collaborated with an external Twitch creator, a how-to conversation with astrophotographers and NASA experts about photographing the Moon.NASA aired live broadcasts for 14 mission launches in 2024. The agency’s official broadcast of the 2024 total solar eclipse and its telescope feed are the top two most-watched livestreams this year on NASA’s YouTube.The agency’s YouTube livestreams in 2024 surpassed 84.7 million total views.NASA broadcasts often were enhanced by the presence of well-known athletes, artists, and cultural figures. The solar eclipse broadcast alone featured musician Lance Bass, actor Scarlett Johannson, NFL quarterback Josh Dobbs, and Snoopy.The agency’s podcasts surpassed 9.7 million all-time plays on Apple Podcasts and Spotify.The NASA app was installed more than 2.1 million times in 2024.The number of subscribers to NASA’s flagship and Spanish newsletters total more than 5 million.NASA celebrated the 5th anniversary of the Hidden Figures Way street renaming. The program honored the legacy of Katherine Johnson, Dorothy Vaughan, Mary Jackson, and Christine M. Darden, and others who were featured in Margot Shetterly’s book – and the subsequent movie – Hidden Figures, and their commitment to science, justice, and humanity.The agency signed Space Act agreements with the National Association for the Advancement of Colored People and the Hispanic Heritage Foundation to increase engagement and equity for underrepresented students pursuing STEM fields and reduce barriers to agency activities and opportunities.As part of its plans to reach new audiences, NASA continued to focus on developing Spanish-language content. This year, the agency:Launched its second season of the Spanish-language podcast Universo curioso de la NASA.More than doubled the number of yearly posts to its science-focused website in Spanish, Ciencia de la NASA, and grew the website’s traffic by five-fold.Produced live broadcasts for the 2024 total solar eclipse and for the launch of the Europa Clipper mission, which reached a combined audience of more than 5 million viewers around the world.Published a video about how NASA and ESA (European Space Agency) cooperate to train astronauts.Released an astrobiology graphic novel and the agency’s economic impact yearly report in Spanish, among other outreach materials.Relaunched the NASA Art Program with two space-themed murals in New York’s Hudson Square neighborhood in Manhattan. The vision of the reimagined NASA Art Program is to inspire and engage the Artemis Generation with community murals and art projects for the benefit of humanity.A DC-8 Airborne Science Laboratory Workshop documented and celebrated the important scientific work conducted aboard NASA’s legendary DC-8 and captured lessons of the past for current and future operators.The Deep Space Network beamed a Missy Elliott song to space on July 12.NASA partnered with Crayola Education to develop content for Crayola’s annual Creativity Week held in January, which reached more than 6 million kids from 100 countries.On the eve of the 55th anniversary of the Apollo 11 Moon landing, NASA Johnson named one of its central buildings the “Dorothy Vaughan Center in Honor of the Women of Apollo.” Actress Octavia Spencer narrated a video for the event.NASA’s Ames Research Center in California’s Silicon Valley hosted social media creators in space, science, and engineering for a behind-the-scenes tour of the center’s world-class facilities.Engaging largely untapped NASA audiences of more than 155,000 in Illinois, Michigan, and Minnesota, NASA’s Glenn launched NASA in the Midwest, an integrated approach to bring awareness to the agency’s connections to the region to large-scale festivals and surrounding community institutions.Reaching 500,000 in-person attendees, NASA Stennis supported the agency’s return to the ESSENCE Festival of Culture in New Orleans.NASA’s Wallops Flight Facility in Virginia developed a dance engagement program in partnership with the Eastern Shore Ballet Theatre, introducing new audiences to the agency while blending arts and science.NASA participated in more than 3,700 events planned with an estimated reach of more than 17 million worldwide. This was accomplished through in-person, hybrid, and virtual outreach activities and events.The agency’s Virtual Guest Program engaged 277,370 virtual guests across 13 events, with an average of 145 countries, regions, and territories represented per event.
There also were many notable engagements highlighting the intersection of space and sports in 2024, including the Stanley Cup visiting NASA Kennedy for photographs as part of the agency’s growing partnership with the National Hockey League. NASA Glenn also collaborated with The Ohio State University Marching Band for its halftime show during the university’s football game on Sept. 21. A video greeting from astronauts aboard the International Space Station introduced the show, which featured aerospace-themed music and numerous formations including the final formation the NASA Meatball.
For more about NASA’s missions, research, and discoveries, visit:
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Non-Fungible Token (NFT) Market to Grow by USD 68.16 Billion (2024-2028), Driven by Digital Art Demand and AI-Powered Market Evolution – Technavio
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December 11, 2024By
NEW YORK, Dec. 11, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global non-fungible token (NFT) market size is estimated to grow by USD 68.16 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 30.23% during the forecast period. Increasing demand for digital art is driving market growth, with a trend towards growing interest in nfts among major brands. However, uncertainty in nfts poses a challenge. Key market players include AirNFTs Platform, Asynchronous Art Inc., Binance Holdings Ltd., Blockchain App Factory, Celer Network, Chaincella, Decentraland Foundation, Enjin Pte. Ltd., Foundation Labs Inc., Funko Inc., Gemini Trust Co. LLC, Mintable.app, Ozone Networks Inc., Out The Mud Ventures Inc., Rarible Inc., Sky Mavis, SuperRare Labs Inc., Tiki Labs Inc., Yellowheart LLC, Axie Infinity.Cloudflare, Inc.; PLBY Group, Inc.; Dolphin Entertainment, Inc.; Takung Art Co., Ltd.; Dapper Labs, Inc.; Onchain Labs, Inc
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF
Non-fungible Token (NFT) Market Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 30.23%
Market growth 2024-2028
USD 68.16 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
23.27
Regional analysis
APAC, North America, South America, Europe, and Middle East and Africa
Performing market contribution
APAC at 39%
Key countries
US; Canada; Thailand, China; Brazil, U.K.; Germany; France; China; Japan; India; South Korea; Australia; Mexico; Kingdom of Saudi Arabia (KSA); UAE; South Africa
Key companies profiled
AirNFTs Platform, Asynchronous Art Inc., Binance Holdings Ltd., Blockchain App Factory, Celer Network, Chaincella, Decentraland Foundation, Enjin Pte. Ltd., Foundation Labs Inc., Funko Inc., Gemini Trust Co. LLC, Mintable.app, Ozone Networks Inc., Out The Mud Ventures Inc., Rarible Inc., Sky Mavis, SuperRare Labs Inc., Tiki Labs Inc., Yellowheart LLC, Axie Infinity, Cloudflare, Inc.; PLBY Group, Inc.; Dolphin Entertainment, Inc.; Takung Art Co., Ltd.; Dapper Labs, Inc.; Onchain Labs, Inc
Market Driver
NFTs, or Non-Fungible Tokens, have taken the art, athletes, and celebrities worlds by storm. These digital assets, representing unique items like artworks, collectibles, and even virtual real estate, are creating buzz in various industries. Blockchain technology powers NFTs, ensuring transparency, ownership, and scarcity. The gaming industry and media & entertainment sector are leveraging NFTs for tokenizing games, trading cards, and virtual items. Artists and athletes are minting NFTs of their digital artworks and collectibles, offering fans exclusive ownership. Augmented Reality (AR) and Extended Reality (XR) are enhancing the NFT experience, making it more interactive. The NFT community is growing, with online platforms enabling easy buying, selling, and trading. However, regulatory considerations, consumer protection, and legal frameworks are crucial. Fraud and taxation are concerns, with securities laws and intellectual property rights coming into play. Blockchain networks like Ethereum and proof-of-work/stake mechanisms ensure secure transactions. The NFT market is evolving, with potential applications in decentralized finance, music, and even virtual vehicles. The future looks promising, with the metaverse and virtual reality (VR) offering new possibilities. The White House and third parties are exploring NFTs, signaling mainstream adoption.
Big brands, such as Visa Inc. And Budweiser, are increasingly exploring the Non-Fungible Token (NFT) market for potential earnings. In August 2021, Visa Inc. Made a significant investment by purchasing a CryptoPunk NFT for approximately USD165,000. This acquisition expanded Visa’s historic commerce artifacts collection. The primary motivation for these corporations is the opportunity to generate additional revenue. Furthermore, they are focusing on utilizing NFTs as incentives for consumers. For instance, NFTs can serve as innovative rewards, offering exclusive gifts to loyal customers.
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Non-Fungible Tokens (NFTs) have disrupted the art, collectibles, and entertainment industries by allowing unique digital assets to be bought and sold as property. Artists, athletes, celebrities, and even the White House have joined the NFT community, creating digital artworks, collectibles, and virtual items backed by blockchain technology. NFTs provide proof of ownership, scarcity, and authenticity, making them attractive to investors. However, challenges persist, such as regulatory considerations under securities laws, consumer protection, and fraud. Distributed networks like Ethereum facilitate NFT trading, but logistical issues and taxation remain unclear. The gaming industry, media & entertainment, and decentralized finance are exploring NFTs for tokenization of games, virtual items, and digital property. Augmented Reality (AR) and Extended Reality (XR) are expected to enhance the NFT experience. However, legal frameworks and regulatory considerations need to address intellectual property, third-party rights, and securities laws. Ultimately, NFTs offer a new way to monetize and trade digital assets, but careful planning and regulation are crucial to ensure a fair and secure marketplace.The Non-Fungible Token (NFT) market presents both opportunities and challenges for sellers. Valuation of NFTs is uncertain due to the difficulty in determining future demand and pricing. Factors such as scarcity, uniqueness, and buyer perception play a significant role in determining NFT value. New sellers face challenges in anticipating buyer identity and purchase drivers. As the market continues to evolve, predicting future trends in NFT pricing remains difficult for new investors. The value of NFTs is subjective and dependent on buyer perception, leading to price fluctuations.
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This non-fungible token (nft) market report extensively covers market segmentation by
Application 1.1 Collectibles1.2 Sports1.3 Arts1.4 OthersEnd-user 2.1 Personal2.2 CommercialGeography 3.1 APAC3.2 North America3.3 South America3.4 Europe3.5 Middle East and AfricaType
1.1 Collectibles- Non-Fungible Tokens (NFTs) refer to unique digital collectibles, minted on the Blockchain. These collectibles are limited-edition and cannot be exchanged or replicated. Vendors offer online platforms for buying and selling NFTs. Key features include the owner’s exclusive right to sell, royalty payments on future sales, and protection against unauthorized use or copying. The NFT market’s expansion is fueled by the increasing demand for digital assets worldwide. Industries are going digital, and the Internet’s ubiquity, along with rising usage, encourages investments in digital assets. Tokenization, which creates digital tokens representing asset ownership, further boosts market growth. These factors are expected to significantly contribute to the growth of the global NFT market.
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The Non-Fungible Token (NFT) market is revolutionizing the way we buy, sell, and own digital assets. This innovative technology allows for the unique representation and ownership of electronic artworks, gaming items, and collectibles on the blockchain. The gaming industry has embraced NFTs, enabling tokenization of in-game items and creating new revenue streams. NFTs on Ethereum network provide scarcity and ownership, making digital artworks valuable and collectible. Legal frameworks are evolving to accommodate this new asset class, while AR, VR, and XR technologies enhance the NFT experience. Blockchain technology and cryptocurrencies power the NFT market, with Web 3 enabling decentralized finance and creating new distribution networks. Fraud prevention is crucial in this market, with NFT suppliers ensuring authenticity and ownership. The NFT market offers a new frontier for creators, collectors, and investors, with Magic Eden and other platforms serving as marketplaces for these unique digital assets.
The Non-Fungible Token (NFT) market is a revolutionary digital ecosystem where Art, Digital Artworks, and Collectibles come to life as unique, verifiable, and tradable assets on the blockchain. This decentralized platform allows Artists, Athletes, and Celebrities to monetize and showcase their Intellectual Property in the form of NFTs, including Painting, Music, and even Virtual Real Estate. Blockchain technology enables Ownership and Transfer of these Digital Assets with transparency and Security. NFTs are not limited to the Art World but extend to Gaming Industry, Sports Collectibles, Trading Cards, and Virtual Items. The market also includes Decentralized Finance, Cryptocurrencies, and Cryptocurrencies/assets. Regulatory considerations and Consumer Protection are essential aspects of this emerging market, with legal frameworks and Taxation being crucial. NFTs can be traded on various Online Platforms, and the market is expanding into Extended Reality (XR) and Metaverse, offering new opportunities for creators and investors. However, Fraud and Scam risks exist, highlighting the need for careful consideration and due diligence. NFTs represent a new frontier in the Digital Economy, with potential applications in various industries, including Media & Entertainment, Logistics, and even House and Vehicle ownership. Smart Contracts and Proof of Work or Stake are essential components of the NFT market, enabling seamless Transactions and Distribution Networks. The NFT community continues to grow, with various Third Parties offering services and solutions to facilitate the creation, trading, and management of NFTs. The NFT market is a dynamic and evolving space, offering endless possibilities for creators, investors, and consumers alike.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ApplicationCollectiblesSportsArtsOthersEnd-userPersonalCommercialGeographyAPACNorth AmericaSouth AmericaEuropeMiddle East And AfricaType
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/non-fungible-token-nft-market-to-grow-by-usd-68-16-billion-2024-2028-driven-by-digital-art-demand-and-ai-powered-market-evolution—technavio-302327902.html
SOURCE Technavio
Technology
Intraoral Scanners Market to Grow by USD 915.75 Million (2024-2028), Driven by Enhanced Accuracy, Productivity, and AI-Driven Market Transformation – Technavio
Published
7 minutes agoon
December 11, 2024By
NEW YORK, Dec. 11, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global intraoral scanners market size is estimated to grow by USD 915.75 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 11.68% during the forecast period. Increasing accuracy and productivity of intraoral scanners with advanced technologies and features is driving market growth, with a trend towards increasing prevalence of dental conditions using 3d dental scanners as advanced methods. However, high-cost burden poses a challenge. Key market players include 3M Co., 3Shape AS, 8853 Spa, Align Technology Inc., densys Ltd., Denterprise International Inc., Dentsply Sirona Inc., Durr Dental SE, Envista Holdings Corp., GC Corp., Glidewell, Guangdong Launca Medical Device Technology Co. Ltd., Henry Schein Inc., Institut Straumann AG, Intelliscan 3D, Midmark Corp., Owandy Radiology, Planmeca Oy, Shining 3D Tech Co. Ltd., Vatech Co. Ltd, Medit Corp.
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF
Intraoral Scanners Market Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 11.68%
Market growth 2024-2028
USD 915.75 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
10.6
Regional analysis
North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution
North America at 42%
Key countries
US, Canada, Germany, UK, China, Japan, the Middle East, Australia, New Zealand, and India
Key companies profiled
3M Co., 3Shape AS, 8853 Spa, Align Technology Inc., densys Ltd., Denterprise International Inc., Dentsply Sirona Inc., Durr Dental SE, Envista Holdings Corp., GC Corp., Glidewell, Guangdong Launca Medical Device Technology Co. Ltd., Henry Schein Inc., Institut Straumann AG, Intelliscan 3D, Midmark Corp., Owandy Radiology, Planmeca Oy, Shining 3D Tech Co. Ltd., Vatech Co. Ltd and Medit Corp..
Market Driver
Intraoral scanners (IOS), also known as 3D scanners, are increasingly popular in dentistry due to their ability to create digital impressions of dental arches. IOS use imaging sensors and scanning software to generate point clouds and 3D surface models of teeth. This technology benefits orthodontists in diagnosing and treating conditions like edentulism, tooth loss, periodontal disease, dental caries, and gum issues, which are prevalent among the geriatric population and those with unhealthy lifestyles. Skilled professionals, including dentists and dental technicians, use IOS for various dental procedures, such as clear aligners, same-day dentistry, and dental implants. Brands like Cadent iTero, CEREC, E4D, TRIOS, CS, and I Series dominate the market. Hospitals and dental clinics invest in these systems for their advanced capabilities and opportunities for dental tourism. However, the high cost of IOS is a challenge for insurance providers and middle-class populations with lower income levels and disposable incomes. The dental disease burden, especially in emerging countries, presents an opportunity for growth. Dental practices and orthodontic laboratories are end users of these systems, contributing significantly to dental expenditure and patient population growth.
Intraoral scanners, specifically 3D dental scanners, are revolutionizing the diagnostic process in dentistry. These advanced tools are increasingly being adopted for diagnosing dental and orthodontic conditions. The global prevalence of such conditions is on the rise, leading to a demand for diagnostic imaging products like 3D dental scanners. These scanners are utilized extensively in various dental fields, including orthodontics, endodontics, oral surgery, periodontics, and implant treatment planning. In the US alone, over 63% of adults aged 18 and above had a dental visit in 2020. This growing need for dental care is fueling the expansion of the global intraoral scanners market.
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Market Challenges
Intraoral scanners (IOS), a type of 3D scanner used in dentistry, have revolutionized dental procedures by digitizing dental arches, eliminating the need for traditional impressions. IOS market growth is driven by the increasing prevalence of dental diseases such as periodontal disease, dental caries, edentulism, and tooth loss, particularly among the geriatric population and those with unhealthy lifestyles. However, challenges include the high cost of intraoral scanner systems, limited reimbursements from insurance providers, and the need for skilled professionals to operate these technologically advanced solutions. Brand segmentation includes Cadent iTero, CEREC, E4D, TRIOS, CS, and I Series. End users include hospitals, dental clinics, orthodontists, and dental practices. Opportunities exist in emerging countries with large patient populations and increasing dental disease burden. Clear aligners and same-day dentistry are gaining popularity, driving demand for IOS in orthodontics and dental implants. Middle-class populations in developing countries with rising income levels and disposable incomes represent a significant market opportunity. Dental expenditure is expected to increase, making IOS an essential investment for dental practices.Intraoral scanners represent innovative technology in the dental industry, enabling more accurate and efficient dental treatments. These devices scan the oral anatomy to provide better options for prostheses or oral supporting structures. However, the high cost of these scanners and the additional expenses for the scanning procedure can be a barrier for many patients. Unfortunately, dental insurance often does not cover diagnostic procedures for dental conditions. This, coupled with the fact that some American families cannot afford dental care, may result in delayed or skipped dental visits. Despite these challenges, the use of intraoral scanners offers significant benefits for improving oral health and treating various dental issues.
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Segment Overview
This intraoral scanners market report extensively covers market segmentation by
End-user1.1 Dental clinics1.2 Hospitals1.3 OthersType2.1 Powder free2.2 Powder basedGeography3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)ModalityApplications
1.1 Dental clinics- Dental clinics have become a significant contributor to the global intraoral scanners market due to their collaboration with insurance companies for complete dental coverage and increasing numbers. The demand for personalized care and modern IT solutions in dental clinics fuels market growth. Advanced imaging technologies enable customized therapeutic products, such as dental aligners, with minimal manual operation. Mobile dental clinics, like MobiDent, offer cost-effective treatment and are expanding their reach. MobiDent’s portable dental chair and partnerships with corporations and hospitals increase revenue. These factors make dental clinics the largest market segment, with mobile dental clinics driving growth in the intraoral scanners market.
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Research Analysis
Intraoral scanners (IOS), also known as 3D dental scanners, are advanced technological devices used in dentistry to digitally capture the shape and structure of dental arches. These scanners utilize imaging sensors and scanning software to create point clouds and generate precise 3D surface models of teeth and gums. IOS have revolutionized the dental industry, enabling dentists and orthodontists to diagnose and treat various oral health disorders such as edentulism, tooth loss, periodontal disease, dental caries, and unhealthy lifestyle-induced issues. The aging population and the rising prevalence of oral health disorders further fuel the market growth. Skilled professionals use IOS from brands like Cadent iTero, CEREC, E4D, TRIOS, CS, and I Series to cater to the end users, including hospitals and dental clinics, with high-quality, efficient, and accurate dental solutions.
Market Research Overview
Intraoral scanners (IOS), also known as 3D scanners, are technologically advanced solutions revolutionizing dentistry by digitizing dental arches, replacing traditional impression methods. IOS uses imaging sensors and scanning software to create point clouds and 3D surface models of dental structures. Orthodontists, dentists, and skilled professionals use these scanners for various dental procedures, including edentulism, tooth loss, gum issues, periodontal disease, dental caries, and oral health disorders. The geriatric population, middle-class population, and unhealthy lifestyle choices contribute to the increasing demand for IOS. Dental practices, hospitals, and dental clinics are significant end-users, while clear aligners, same-day dentistry, dental implants, and dental tourism are growing applications. However, high cost and insurance reimbursements are challenges. IOS market share includes brands like Cadent iTero, CEREC, E4D, TRIOS, CS, I Series, and others. The market is expected to grow due to the opportunity presented by the aging population, dental disease burden, and increasing dental expenditure.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
End-userDental ClinicsHospitalsOthersTypePowder FreePowder BasedGeographyNorth AmericaEuropeAsiaRest Of World (ROW)ModalityApplication
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/intraoral-scanners-market-to-grow-by-usd-915-75-million-2024-2028-driven-by-enhanced-accuracy-productivity-and-ai-driven-market-transformation—technavio-302328020.html
SOURCE Technavio
Technology
Judge Approves Extension in Case Alleging Intellectual Property Impropriety by China-Based Genimous
Published
7 minutes agoon
December 11, 2024By
GEORGE TOWN, Cayman Islands, Dec. 11, 2024 /PRNewswire/ — a Judge in the Financial Services Division of the Grand Court has approved a one-year extension to an Amended Writ launching a sweeping derivative action against Genimous Technology Corporation, and its alleged co-conspirators (including Eightpoint Technologies Ltd SEZC (‘Eightpoint’), East End Technologies Ltd (‘EET’), Spigot Inc (now Eightpoint Interactive Inc), and Advanced Commercial Solutions Ltd (‘ACS’)). The derivative action alleges that the Chinese company Genimous and its alleged co-conspirators misappropriated the computer code, data, and other intellectual property underlying apps belonging to Position Mobile in order to create copycat apps in Eightpoint, EET, and ACS. The apps in question are currently available to install from the Google Play Store and Apple App Store. While the Cayman based defendants have already been served with proceedings, the ruling on the extension will allow for service of process upon corporate and natural defendants located in the People’s Republic of China, as well as the US, under the auspicious of The Hague Convention on Service Abroad of Judicial and Extrajudicial Documents. Sources include judicial.ky/public-registers, play.google.com, apple.com/app-store, and technologyinvestmentconsortium.com.
About TIC and Position Mobile: Position Mobile is a Cayman Islands company created to develop and market mobile apps. Technology Investment Consortium LLC is co-founder of and largest single shareholder in Position Mobile.
About Genimous Technology Corporation: Genimous Technology Corporation is a listed company on the Shenzhen stock exchange in the PRC (symbol 000676.SZ). It is chaired by Hongda Lu, a former member of the IPO committee of the CSRC. Genimous, as well as it’s US and Cayman subsidiaries, count Yahoo and other advertising networks as key partners to monetize its portfolio of apps, including multiple apps from Position Mobile.
View original content:https://www.prnewswire.com/news-releases/judge-approves-extension-in-case-alleging-intellectual-property-impropriety-by-china-based-genimous-302329551.html
SOURCE Technology Investment Consortium, LLC
Non-Fungible Token (NFT) Market to Grow by USD 68.16 Billion (2024-2028), Driven by Digital Art Demand and AI-Powered Market Evolution – Technavio
Intraoral Scanners Market to Grow by USD 915.75 Million (2024-2028), Driven by Enhanced Accuracy, Productivity, and AI-Driven Market Transformation – Technavio
Judge Approves Extension in Case Alleging Intellectual Property Impropriety by China-Based Genimous
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