Daily Archive: December 10, 2020

SpaceX’s Starship has flown a record 12.5 km into the air

This is the company’s eighth prototype of Starship (dubbed SN8). It flew substantially higher than the 150-meter “hop” the fifth iteration made in August and the sixth made in September—each with only one engine. (SN7 didn’t fly; it was exploded deliberately as part of a pressure test.) SpaceX founder Elon Musk had previously estimated only a one-third chance of success that SN8, armed with three engines, would safely fly and land. 

A giant among rockets: SpaceX first unveiled Starship to the world in September 2019, on the 11th anniversary of the company’s first rocket launch. It’s a behemoth, standing

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Seoul-based payment tech startup CHAI gets $60 million from Hanhwa, SoftBank Ventures Asia – TechCrunch

Demand for contactless payments and e-commerce has grown in South Korea during the COVID-19 pandemic. This is good news for payment service operators, but the market is very fragmented, so adding payment options is a time-consuming process for many merchants. CHAI wants to fix this with an API that enables companies to accept over 20 payment systems. The Seoul-based startup announced today it has raised a $60 million Series B.

The round was led by Hanhwa Investment & Securities, with participation from SoftBank Ventures Asia (the early-stage venture capital arm of SoftBank Group), SK Networks, Aarden Partners and other strategic

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