Posts Tagged 'bae'

Military working on nanobots to swarm the enemy

BAE Systems will lead a team of scientists that will develop miniature robots to improve military situational awareness. The company signed a $38 million agreement with the U.S. Army Research Laboratory to lead an alliance of researchers and scientists from the Army, academia and industry.

The Micro Autonomous Systems and Technology (MAST) Collaborative Technology Alliance will research and develop advanced robotic equipment for use in urban environments and complex terrain, such as mountains and caves. The alliance will create an autonomous, multifunctional collection of miniature intelligence-gathering robots that can operate in places too inaccessible or dangerous for humans.

“Robotic platforms extend the warfighter’s senses and reach, providing operational capabilities that would otherwise be costly, impossible, or deadly to achieve,” said Dr. Joseph Mait, MAST cooperative agreement manager for the Army Research Laboratory. “The MAST alliance is a highly collaborative effort, with each partner from government, academia, and industry playing a significant role.” (link)


Samsung Securities office raided

Prosecutors raided Samsung Securities, a key financial arm of Samsung, on Friday, to find traces of a slush fund as they expanded their investigation into a widening corruption scandal at the largest South Korean conglomerate.Armed with a court-issued warrant, 40 prosecution officials ransacked the brokerage firm’s headquarters in downtown Seoul for eight hours, questioning its president, Bae Ho Won, and 13 other executives, company officials said.

They took away eight boxes of documents, hoping to find evidence that Samsung operated secret funds with many millions of dollars disguised as stock investments and used the money for bribery. Samsung has denied any wrongdoing.

Separately, a team of 20 investigators searched two computer centers in the Seoul suburbs, where data for Samsung Securities were stored. (story)

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