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Pegasus Global Holdings
Latest Pegasus Global Holdings Items
Pegasus Global Holdings' surprise announcement that it was pulling out of plans to build a $1 billion scientific ghost town in eastern New Mexico is stirring skepticism of the private firm's grandiose plans for transforming 15 square miles of this largely rural state into a next-generation research center.
The company behind plans to build a scientific ghost town says it is pulling out of a deal to develop the make-believe city near Hobbs.
The Empire State Building will replace its tower lights with a computer-driven LED system that allows for nearly endless color combinations.
The research firm behind plans to build a ghost town for scientific testing in New Mexico has created a local subsidiary and hired a leading technology and defense contractor to begin developing its one-of-a-kind research center.
New Mexico, home to several of the nation's premier scientific, nuclear and military institutions, is planning to take part in an unprecedented science project _ a 20-square-mile model of a small U.S. city.