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The fourth stage of the PSLV rocket , which will remain in orbit for some time after launching two satellites on Monday, will give an opportunity to startups and institutes to carry out experiments in outer space , with India's space regulator emerging as a common link in turning these projects to reality. A record 24 experiments -- 14 by the Indian Space Research Organisation ( ISRO ) laboratories and 10 by non-government entities (NGEs) -- will be carried onboard the PSLV Orbital Experiment Module (POEM), including a demonstration of seed germination in outer space, a robotic arm to catch the tethered debris there and the testing of green propulsion systems . ET Year-end Special Reads Take That: The gamechanger weapon's India acquired in 2024 10 big-bang policy moves Modi government made in 2024 How governments tried to rein in the social media beast A common link among the payloads of the startups and private universities is the technical centre at the Ahmedabad-based headquarters of the Indian National Space Promotion and Authorisation Centre ( IN-SPACe ) -- India's regulator and promoter for the space sector. "We give them all the support, including the test facilities as well as help from mentors to address any problems," Rajeev Jyoti , Director, IN-SPACe, told PTI. He said IN-SPACe also enables access to facilities at ISRO work centres for any specific test, such as the outgassing measurement test, the EMI/EMC test and the mechanical shock test, in accordance with the model philosophy and test specification specified by the PSLV. "The technical centre also has facilities, such as a design lab, cleanroom, assembly and integration tools, which NGEs can utilise to prepare the hardware for flight and ship it for final integration on to the flight POEM platform," Jyoti said. 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Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The 10 payloads from NGEs comprise a study of various spectra of science and engineering, such as the growth of spinach plant cells or callus in space from Amity University-Mumbai; green propulsion system thrusters from Bellatrix Aerospace-Bengaluru, another green propulsion using a hydrogen peroxide-based thruster from Manastu Space Technologies-Mumbai. The payloads also include one to generate, capture and process Synthetic Aperture Radar (SAR) images from GalaxEye Space Solutions-Bengaluru; MEMS-based Inertial Measurement Unit (IMU) sensors and microcontrollers for attitude measurement from MIT World Peace University-Pune. Andhra Pradesh-based Nspace Tech is demonstrating the operational capability of the onboard transmitter by establishing a reliable communication link with the ISRO ground station; Ahmedabad-based Piersight Space will have an in-orbit demonstration of the SAR; RV College of Engineering (Bengaluru) will have an experiment for the measurement of growth kinetics of a gut bacterium in space. Karnataka-based SJC Institute of Technology has a payload to provide Amateur Radio Satellite services globally in collaboration with UPARC (Upagraha Amateur Radio Clubsat, URSC-ISRO) and India's first Artificial Intelligence Lab (AI lab) in space from Hyderabad-based start-up TakeMe2Space are also among the payloads on the POEM. Jyoti said IN-SPACe provided handholding through resident experts in the satellite, communication payload, launch vehicle and space remote-sensing application domains. He added that IN-SPACe also provided necessary support by identifying the relevant retired ISRO domain experts and connecting them with the NGEs for resolving or mitigating the technical issues, if any, encountered during the validation of the hardware for flight.

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IEA highlights Gujarat and Andhra Pradesh as prime regions for geothermal energyNew Delhi: The BJP 's performance in the Uttar Pradesh assembly bypolls shows that the party succeeded in bringing back the Other Backward Classes (OBCs) and Scheduled Caste (SC) voters into its fold, say analysts. While the BJP bagged six seats out of the nine for which bypolls were held in UP, its ally Rashtriya Lok Dal won one seat. These seats, in different parts of the state, required different political strategies owing to varied caste combinations. So, it was a tough task for the BJP to work out a separate strategy for each assembly seat. Chief minister Yogi Adiyanath, who spearheaded the BJP's election management, chose to field party candidates from Katehari and Majhawan seats, which had gone to the ally Nishad Party as part of the seat-sharing in 2022 assembly polls. The BJP won both seats, bagging Katehari after three decades. Besides, it retained Phulpur after a close contest. BJP also increased its vote share in Samajwadi Party 's pocket borough of Karahal-vacated by SP chief Akhilesh Yadav after he won the Lok Sabha election from Kannauj-where it polled 89,597 votes. Following the bypolls, the NDA has four more MLAs from the OBC category. BJP's success in snatching Katehari seat from the SP would not have been possible without the support of OBC and SC voters. The party fielded Dharamraj Nishad, a former BSP leader who is a popular face among the local SC voters. He was elected to the state assembly thrice in the past. Apart from the SC voters, this constituency has a considerable presence of Brahmin voters also. The SP had fielded Shobhawati Verma, who is wife of Ambedkar Nagar MP Lalji Verma. This seat was vacated by Lalji Verma after his victory in the 2024 Lok Sabha polls from Ambedkar Nagar. Verma was elected to the state assembly from Katehari in 2017 and 2022 assembly polls. 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The party selected a local Yadav face Anujesh Yadav to improve its performance. But BJP gave a tough fight to the SP here and reduced the margin of SP's victory compared to the 2022 polls. SP candidate Tej Pratap Yadav won this seat by a margin of only 14, 725 votes. Following the debacle that the BJP faced in the 2024 Lok Sabha polls, the course correction to restore the required balance between the party organisation and the government also enabled the BJP to corner its main political opponent, the SP, in the assembly bypolls, said analysts. Apart from deploying his ministers across the nine assembly seats, Adityanath interacted with the party cadres at the ground level. Riding on his slogan 'Katoge to Batoge', perceived as a call to Hindus to stay united, he continued to attack the SP in his own way, turning the bypolls into a direct contest between him and the SP chief. (You can now subscribe to our Economic Times WhatsApp channel )

On December 26, 2024, IO Biotech, Inc. (NASDAQ:IOBT) received a notice from the Listing Qualifications staff of The Nasdaq Stock Market LLC indicating that the closing bid price for the company’s common stock had been below $1.00 per share for 30 consecutive trading days. This non-compliance puts IO Biotech at risk of not meeting the minimum bid price requirement for continued listing on the Nasdaq Global Select Market under Nasdaq Listing Rule 5450(a)(1). Despite this notice, there is no immediate impact on the listing of IO Biotech’s common stock on the Nasdaq Global Select Market. The company will continue to trade on this platform. As per Nasdaq Listing Rule 5810(c)(3)(A), IO Biotech has been granted an initial compliance period of 180 calendar days, until June 24, 2025, to regain compliance with the minimum bid price requirement. To achieve compliance, the closing bid price of the common stock must be equal to or exceed $1.00 per share for at least 10 consecutive trading days before the deadline. IO Biotech is aware that Nasdaq will evaluate its ability to correct this deficiency during the review process. If Nasdaq concludes that the company is unable to rectify the deficiency or is ineligible for an additional compliance period, IO Biotech will receive notice of potential delisting. In such an event, the company will retain the right to challenge any decision to delist its common stock, with the stock remaining listed on the Nasdaq Global Select Market throughout the appeal process. It is essential to note that there are no guarantees that IO Biotech will successfully regain compliance with the minimum bid price requirement or meet other relevant Nasdaq listing regulations. Investors and stakeholders are encouraged to monitor the company’s progress closely as it works towards addressing these issues. As per regulatory requirements, Mai-Britt Zocca, Ph.D., the Chief Executive Officer of IO Biotech, signed the report on behalf of the company on December 27, 2024. This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read IO Biotech’s 8K filing here . IO Biotech Company Profile ( Get Free Report ) IO Biotech, Inc, a clinical-stage biopharmaceutical company, develops immune-modulating therapeutic cancer vaccines based on the T-win technology platform. The company's lead product candidate, IO102-IO103, which is designed to target immunosuppressive mechanisms mediated by Indoleamine 2,3-dehydrogenase (IDO), and programmed death-ligand (PD-L1) that is in phase 3 clinical trial to treat melanoma, as well as in phase 2 clinical trial to treat lung, head and neck, bladder, and melanoma cancer. Further ReadingCHARLOTTE, N.C. — Front Row Motorsports, one of two teams suing NASCAR in federal court, accused the stock car series Thursday of rejecting the planned purchase of a valuable charter unless the lawsuit was dropped. Front Row made the claim in a court filing and said it involved its proposed purchase of the charter from Stewart-Haas Racing. Front Row said the series would only approve it if Front Row and 23XI Racing dropped their court case. "Specifically, NASCAR informed us that it would not approve the (charter) transfer unless we agreed to drop our current antitrust lawsuit against them," Jerry Freeze, general manager of Front Row, said in an affidavit filed in the U.S. District Court of Western North Carolina. The two teams in September refused to sign NASCAR's "take-it-or-leave-it" final offer on a new revenue sharing agreement. All other 13 teams signed the deal. Front Row and 23XI balked and are now in court. 23XI co-owner Michael Jordan has said he took the fight to court on behalf of all teams competing in the top motorsports series in the United States. NASCAR has argued that the two teams simply do not like the terms of the final charter agreement and asked for the lawsuit be dismissed. Earlier this week, the suit was transferred to a different judge than the one who heard the first round of arguments and ruled against the two teams in their request for a temporary injunction to be recognized in 2025 as chartered teams as the case proceeds. The latest filing is heavily redacted as it lays out alleged retaliatory actions by NASCAR the teams say have caused irreparable harm. Both Front Row and 23XI want to expand from two full-time cars to three, and have agreements with SHR to purchase one charter each as SHR goes from four cars to one for 2025. The teams can still compete next season but would have to do so as "open" teams that don't have the same protections or financial gains that come from holding a charter. Freeze claimed in the affidavit that Front Row signed a purchase agreement with SHR in April and NASCAR President Steve Phelps told Freeze in September the deal had been approved. But when Front Row submitted the paperwork last month, NASCAR began asking for additional information. A Dec. 4 request from NASCAR was "primarily related to our ongoing lawsuit with NASCAR," Freeze said. "NASCAR informed us on December 5, 2024, that it objected to the transfer and would not approve it, in contrast to the previous oral approval for the transfer confirmed by Phelps before we filed the lawsuit," Freeze said. "NASCAR made it clear that the reason it was now changing course and objecting to the transfer is because NASCAR is insisting that we drop the lawsuit and antitrust claims against it as a condition of being approved." A second affidavit from Steve Lauletta, the president of 23XI Racing, claims NASCAR accused 23XI and Front Row of manufacturing "new circumstances" in a renewed motion for an injunction and of a "coordinated effort behind the scenes." "This is completely false," Lauletta said. Front Row is owned by businessman Bob Jenkins, while 23XI is owned by retired NBA Hall of Famer Jordan, three-time Daytona 500 winner Denny Hamlin and longtime Jordan adviser Curtis Polk. NASCAR had been operating with 36 chartered teams and four open spots since the charter agreement began in 2016. NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. The teams contend they must be chartered under some of their contractual agreements with current sponsors and drivers, and competing next year as open teams will cause significant losses. "23XI exists to compete at the highest level of stock car racing, striving to become the best team it can be. But that ambition can only be pursued within NASCAR, which has monopolized the market as the sole top-tier circuit for stock car racing," Lauletta said. "Our efforts to expand – purchasing more cars and increasing our presence on the track – are integral to achieving this goal. "It is not hypocritical to operate within the only system available while striving for excellence and contending for championships," he continued. "It is a necessity because NASCAR's monopoly leaves 23XI no alternative circuit, no different terms, and no other viable avenue to compete at this level." Get local news delivered to your inbox!

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