Daily Archives: 11.09.2021

AIB and EBS fined €615,000 by ECB for regulatory breach

The ECB said it classified the breaches as moderately severe The European Central Bank (ECB) has fined AIB and its subsidiary EBS a total of €615,000 for miscalculating their capital needs. The errors occurred between 2014 and 2016, the regulator said. AIB must pay an administrative penalty of €420,000 for reporting lower Risk Weighted Assets (RWAs) for intragroup equity exposures ...

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Researchers Enlist Robot Swarms to Mine Lunar Resources

Aerospace and mining engineers are mapping out a plan for harvesting the moon’s resources using autonomous robot swarms and new excavation techniques. University of Arizona engineering faculty members Jekan Thanga (right) and Moe Momayez have received $500,000 in NASA funding for a new project to advance space mining methods that use swarms of autonomous robots. They are pictured with a ...

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Firefly says early engine shutdown led to launch failure

 Firefly Aerospace says the premature shutdown of one of its Alpha rocket’s four main engines caused the launcher to lose control as it reached supersonic speed during a test flight over California last week. In a statement Sunday, the company released preliminary information from the investigation into the launch accident, and emphasized lessons learned from the mission will boost ...

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Why are Rubble Pile Asteroids Shaped Like Diamonds?

Scientists are fortunate enough to have detailed, close-up views of the near-Earth asteroids Bennu and Ryugu. Both asteroids have a diamond shape, for some reason. Why? Up until now, it’s been a puzzle. Now a team of scientists has tackled the question and may have come up with the answer. Asteroids are an ongoing target of study for scientists. They’re ...

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