Global venture capital firm Cathay Innovation has announced its third fund, targeting €1 billion ($1.05 billion) at a broad gamut of companies and technologies around the world. With Fund III, Cathay ...

A multistage (or multi-stage) rocket is, like any rocket, propelled by the recoil pressure of the burning gases it emits as it burns fuel. What characterizes it as "multi-stage" is that it ...