The U.S. Navy’s premier anti-submarine (ASW) and anti-surface (ASuW) helicopter, the MH-60R Seahawk, has shot down its first drone, marking a new ...
The French Carrier Strike Group is spearheading the French Navy-led multinational biennial exercise La Perouse 25 that began ...
Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes ...
Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...
The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and ...
Another electric vehicle (EV) startup from the pandemic boom has folded. The EV market had been a hotbed of innovation and optimism, particularly for startups eager to replicate the success of ...
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
In late December, when TechCrunch reported that EV startup Canoo had just $700K in the bank and was putting its staff on a ...
EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh ...
In a press release announcing the filing, Canoo said it was unable to get funding from the Department of Energy’s Loan ...
As a result of the chapter 7 filing, Canoo will cease operations effective immediately, 8:15PM on 17JAN2025. The next step in the company’s dissolution will see a court-appointed trustee manage the ...