Govt Funds Greener Aviation, Samsung Acquires Oxford Semantic Tech, Good Energy Partners with Ripple

The Business Magazine Newscast

These are the top stories making the headlines across The Business Magazine website today:

Farnborough Air Show: £100m for green air travel

The UK government has committed over £100 million in government-industry funding for sustainable aerospace technology development to promote greener air travel, as the aerospace sector contributed £38 billion to the economy in 2023, according to ADS.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/farnborough-air-show-100m-for-green-air-travel/

Oxford Semantic Technologies agrees to Samsung acquisition

Samsung Electronics has announced its acquisition of Oxford Semantic Technologies, a startup founded in 2017 by Oxford University professors Ian Horrocks, Boris Motik, and Bernardo Cuenca Grau, known for its expertise in knowledge graph technology and semantic reasoning.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/oxford-semantic-technologies-agrees-to-samsung-acquisition/

Wiltshire’s Good Energy offers customers stake in projects via new partnership

Wiltshire’s Good Energy has partnered with Ripple Energy to offer customers the opportunity to invest in and own shares of large-scale wind and solar projects, earning credit through the electricity generated.

Full story here: https://thebusinessmagazine.co.uk/esg/wiltshires-good-energy-offers-customers-stake-in-projects-via-new-partnership/