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Business

Lockheed Martin and Common Motors accomplice for NASA lunar rover

Lockheed Martin and General Motors are working together to develop a new type of lunar vehicle for NASA to be used on their upcoming Artemis missions to the moon, the companies said on Wednesday.

“Surface mobility is critical to long-term exploration of the lunar surface. These next-generation rovers will dramatically extend the range of astronauts,” Lockheed Martin executive vice president Rick Ambrose said in a statement.

Earlier this year, NASA announced to companies that it needed “a human-class rover that would extend the exploration range of” astronauts during missions for the agency’s Artemis program. NASA’s program, announced by the administration of former President Donald Trump and continued under President Joe Biden, consists of several missions to the orbit and surface of the moon over the coming years.

NASA’s request for a next-generation lunar vehicle indicated that a variety of cutting-edge technologies should be deployed, including electric vehicle systems, autonomous driving, and dangerous terrain capabilities.

GM has previously built such a vehicle as the company was the largest subcontractor helping Boeing develop the lunar vehicle, which was used on the moon during three Apollo missions.

Apollo 16 astronaut John Young drives NASA’s Lunar Roving Vehicle (LRV) at Descartes’ landing site on the moon on April 21, 1972.

Charles Duke | NASA

While NASA’s previous rover was able to go nearly around the moon at nearly six miles an hour, it traveled less than five miles from the Apollo landing site.

Lockheed Martin said his next-generation lunar all-terrain vehicle was “designed to travel significantly greater distances to aid in the early excursions of the moon’s south pole, where it’s cold and dark with rougher terrain.”

– CNBC’s Mike Wayland contributed to this story.

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Categories
World News

China markets stay closed for Lunar New 12 months vacation

SINGAPORE – Asia Pacific stocks rose on Tuesday as markets in mainland China remain closed for the New Year holidays.

Hong Kong’s Hang Seng index, which has returned to trading after the holidays in recent days, rose 1.30%.

In Japan, the Nikkei 225 was up 1.44% while the Topix index was up 0.64%. South Korea’s Kospi gained 0.39%.

Australian stocks also rose, with the S&P / ASX 200 gaining 0.36%.

MSCI’s broadest index for stocks in the Asia-Pacific region outside of Japan rose 0.5%.

RBA meeting minutes on monetary policy

Minutes of the Reserve Bank of Australia’s February monetary policy meeting, published on Tuesday, showed that members concluded that “very significant monetary support would be needed for some time as it would take several years to achieve the objectives Bank for inflation and unemployment are reached “.

“In light of this, it would be premature to consider withdrawing monetary incentives,” added the RBA in the minutes.

The markets in the US were closed on Monday for bank holidays.

Currencies and oil

The US dollar index, which tracks the greenback versus a basket of its peers, hit 90.259 after falling above 90.6 late last week.

The Japanese yen traded at 105.48 per dollar after weakening against the greenback from below 105.2 yesterday. The Australian dollar changed hands at $ 0.7794, still higher than below $ 0.772 last week.

Oil prices were higher on the morning of trading hours in Asia and the international benchmark’s Brent crude oil futures rose 0.32% to $ 63.50 a barrel. US crude oil futures rose 1.21% to $ 60.19 a barrel.