The deal is structured as an up to $150 million loan, where interest accrues but isn’t paid back for 10 years. The capital from the Pentagon is meant to serve as an anchor investment, but is contingent on the fund raising another $120 million from private limited partners. In the Pentagon’s first cohort of loans, capital went to firms that invested in biotechnology, quantum science, space tech, and renewable energy generation and storage, among other sectors.
The most famous suit in the world, Yves Saint Laurent’s Le Smoking, has returned to the Paris catwalk 60 years after its invention.
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«Били в одно место». Российский газовоз уничтожен украинскими дронами в Средиземном море. Что известно об атаке и судьбе моряков14:20
Argentina’s senate is poised to approve a sweeping overhaul of labour laws aimed at weakening trade unions and lowering labour costs for businesses.