"Caltech's $100M Boost for SpaceX-Speed Technologies"

Chicago-based asset manager Gary Brinson donates $100 million to Caltech to establish the Brinson Exploration Hub, aiming to accelerate scientific breakthroughs and new technologies in collaboration with the Jet Propulsion Laboratory. The Hub will prioritize risk-taking and agility, inspired by SpaceX's approach, and fund projects such as studying Venus's seismology and deploying small drones to study Antarctic ice shelves. The gift is expected to generate income for the Hub and foster industry partnerships to drive scientific and societal benefit.