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Industry

Amazon, Lockheed Martin alumni team up on Egret autonomous cargo drone nearing U.S. tests

A large autonomous drone capable of carrying up to 1.8 tonnes of cargo without a cockpit is being developed in the United States. Poseidon Aerospace is building the Egret unmanned freighter, designed from the outset for cargo operations rather than converted from a manned aircraft. Early tests can be remotely piloted from a ground control center. The company plans a first unmanned test flight in Oregon by year-end and has raised $60 million in a Series A round led by TQ Ventures.

Telecommunications & Media

Apple to expand use of Presto to check returned iPhones without opening boxes

Apple is pushing a plan to inspect iPhones returned in sealed condition without opening the packaging. It is considering using its existing Presto iOS update equipment to diagnose the condition of returned devices. Store staff currently must open boxes before issuing refunds to confirm devices work and to deter theft or parts swapping. Apple is seeking to reduce time and costs by expanding the use of existing equipment, but has not disclosed timing or scope.

Industry

Asung Daiso breaks ground on Yangju hub center with 600 billion won investment

Asung Daiso has begun building the Yangju Hub Center, a logistics facility designed to handle online and offline orders together, it said. The company held a groundbreaking ceremony on Oct. 26 at the Eunnam Industrial Complex in Yangju, Gyeonggi Province, and announced it on Oct. 27. Total investment is 600 billion won, with completion targeted for January 2029. The four-storey facility will be the company’s fourth hub center and its largest logistics center.