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Innovation and Entrepreneurship (I&E)

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Associated Press

Sampriti Bhattacharyya PhD ’17, co-founder and CEO of electric hydrofoil startup Navier, speaks with AP reporter Matt O’Brien about the future of the company. “Our goal is to be the longest range-electric boat at cruising speed,” says Bhattacharyya.

Forbes

Harry McNamara PhD ’19, David Heller ’18, and Shara Ticku co-founded C16 Biosciences, a biotechnology company that uses synthetic biology to address environmental concerns, reports John Cumbers for Forbes. The company “wants to replace conflict palm oil with a sustainable alternative made in yeast using precision fermentation,” writes Cumbers.

The Hill

Writing for The Hill, President L. Rafael Reif emphasizes the importance of “enabling universities to undertake the use-inspired research that will seed future innovations.” He adds: “To secure national leadership and prosperity over time, the U.S. needs to be the birthplace of the new ideas that will determine the future — including the future of semiconductor technology, design, and manufacturing.”

Scientific American

Writing for Scientific American, John Fialka spotlights Form Energy, an MIT spinout designing an iron-air battery that “could help decarbonize the nation’s power sector more cheaply than lithium-ion storage systems.” Fialka explains that “unlike current lithium-ion batteries that require expensive materials mostly from other countries such as lithium, cobalt, nickel and graphite, the proposed battery stores electricity using widely available iron metal.” 

The Boston Globe

Diana Ganz MBA ’14 co-founded SuitShop, a clothing company specializing in gender-inclusive suits and tuxedos, reports Diti Kohli for The Boston Globe. The company has just opened their first Massachusetts location.

The Boston Globe

Writing for The Boston Globe, Prof. Emeritus Ernest Moniz writes that the National Ignition Facility’s fusion energy advancement “is exciting because when the journey from science demonstration to a commercially viable power plant is completed, the electricity grid will be revolutionized.” Moniz continues, “To meet widely accepted climate objectives, we must double the clock speed of the clean energy innovation process.”

The Boston Globe

Boston Globe reporter Aaron Pressman spotlights how The Engine has “backed a number of promising climate-tech startups” and has “helped attract many other investors to climate tech.” Additionally “three-quarters of startups backed by The Engine had a founder or chief executive from an underrepresented minority group, and 44 percent had a woman in one of those roles,” Pressman notes. “From our point of view, it is unacceptable not to believe that people of very diverse backgrounds should be the next founders,” says Katie Rae, CEO and managing partner of The Engine.

Forbes

Alumnus Jeremy Bilotti co-founded Rarify, a design furniture retail company, reports Lauren Mowery for Forbes. “Rarify uses the history of design to tell a story, educate our audience about the importance of notable designers, and push toward the future, bringing to light noteworthy manufacturers and designers that aren’t known or recognized to the degree that they deserve,” explains Rarify co-founder David Rosenwasser. Alumnus Jeremy Bilotti co-founded Rarify, a design furniture retail company, reports Lauren Mowery for Forbes. “Rarify uses the history of design to tell a story, educate our audience about the importance of notable designers, and push toward the future, bringing to light noteworthy manufacturers and designers that aren’t known or recognized to the degree that they deserve,” explains Rarify co-founder David Rosenwasser.

NPR

NPR’s Vicky Hallett spotlights two teams of innovators who will receive support and mentorship from MIT Solve, an initiative aimed at driving innovation to solve pressing global challenges, for their work focused on equitable health solutions. "Where we want to play a role is by ensuring technology is designed for and by underserved communities," explains Alex Amouyel, executive director of MIT Solve.

The Boston Globe

Boston Globe columnist Shirley Leung spotlights Elise Strobach PhD ’20 - co-founder and CEO of AeroShield Materials, a company developing super-insulating windows. Strobach is a recipient of funding from the MassVentures fund for deep-tech startups with a focus on underserved founders or those based in underserved regions. “We want to do cool things that have big impact,” said Strobach. “The minute I first visited Massachusetts, I just really felt that, ‘Wow, this is a place where that can happen.' "

TechCrunch

MIT spinout Gaia A is developing a forest management building tool aimed at providing foresters with the resources to make data-driven decisions, reports Haje Jan Kamps and Brian Heater for TechCrunch. “The company is currently using lidar and computer vision tech to gather data but is ultimately building a data platform to tackle some of the big questions in forestry,” writes Kamps and Heater.

Popular Mechanics

Quaise Energy, an MIT spinout, is developing a millimeter wave drill to “vaporize enough rock to create the world’s deepest holes and harvest geothermal energy at scale to satisfy human energy consumption without the need for fossil fuels,” reports Tim Newcomb for Popular Mechanics.

Forbes

Rosina Samadani ’89, MS ’92 co-developed EyeBox, an algorithm-based non-invasive diagnostic test for concussions, reports Geri Stengel for Forbes. “Patients watch a video, and the device watches their eyes for 220 seconds with a very high-quality, high-frequency infrared camera that measures eye movements and provides a score based on those eye movements,” explains Stengel. “The score is correlated with the absence or presence of a concussion.”

Politico

Prof. Daron Acemoglu speaks with Politico reporter Derek Robertson about his new study examining the impacts of automation on the workforce and economy. “This discussion gets framed around ‘Will robots and AI destroy jobs, and lead to a jobless future,’ and I think that's the wrong framing,” says Acemoglu. “Industrial robots may have reduced U.S. employment by half a percent, which is not trivial, but nothing on that scale [of a “jobless future”] has happened — but if you look at the inequality implications, it's been massive.”

Forbes

Kevin Kusch ’17 co-founded Notemeal, an nutrition app used by athletes at the professional and college level, reports Tim Casey for Forbes. “Notemeal’s first clients used the app to build meal plans for players and track their nutrition information. After Covid-19 hit, the NFL did not allow players to gather for meals, so Notemeal developed a feature where players could order directly through the app, see nutrition information such as carbohydrates, proteins and calories and pick up the food prepared at team kitchens to take home,” writes Casey.