Browsing: Startups

Pune (Maharashtra) [India], August 22: MIT India’s Industry Institute Reconnect Summit (IRS 2026) placed industry collaboration, entrepreneurship and industry-led problem-solving at the centre of its two-day programme, bringing together startups, investors, academic institutions and young innovators around opportunities for growth, innovation and real-world impact.

The U.S. battery industry just found an unexpected savior. After EV incentive cuts left startups gasping for air, the Department of Energy threw them a $500 million lifeline—but there’s a catch. The money’s earmarked for defense applications, signaling a dramatic pivot from consumer electric vehicles to military-grade power systems. It’s a strategic bet that could…

U.S. battery startups hit a rough patch when the One Big Beautiful Bill eliminated battery and EV incentives, undercutting a chunk of future demand. But recently, they’ve found a lifeline in the defense world, helping to power everything from drones and torpedoes to infantry radios and fighter jets.