OVERLAND PARK, Kan., Aug. 9, 2023 /PRNewswire/ — Airshare today announced that it has signed a Letter of Intent to purchase Wheels Up’s aircraft management business. Once signed, the deal is expected to close in the third quarter, subject to customary approvals and closing conditions. “Our management team has worked diligently to establish a strong foundation… Continue reading Airshare Signs Letter of Intent for Wheels Up Aircraft Management Business
Tag: Strategy
Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future
The Project Provides Residents on Yas and Saadiyat Islands with 8 Robotaxis and 4 Minibuses, Serving Over 5,000 Registered Users and Fulfilling 17,000 Orders ABU DHABI, UAE, Aug. 8, 2023 /PRNewswire/ — In line with the vision of the wise leadership to make Abu Dhabi’s cities smarter and more sustainable, the Integrated Transport Centre (ITC) of the Abu… Continue reading Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future
TransDigm Group Reports Fiscal 2023 Third Quarter Results
CLEVELAND, Aug. 8, 2023 /PRNewswire/ — TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the third quarter ended July 1, 2023. Third quarter highlights include: Net sales of $1,744 million, up 25% from $1,398 million in the prior year’s quarter; Income from continuing… Continue reading TransDigm Group Reports Fiscal 2023 Third Quarter Results
Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline
DUBAI, UAE, Aug. 8, 2023 /PRNewswire/ — Beond, the world’s first premium leisure airline, is pleased to announce the successful completion of over US$17M Seed Round from a group of esteemed investors. The round was oversubscribed, reflecting the strong confidence and belief in Beond’s vision and potential. Participants included family offices, angel investors, and strategic… Continue reading Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline
AdventHealth, Medline Ink Unique Partnership to Expand Supply Chain Resiliency
ALTAMONTE SPRINGS, Fla., Aug. 9, 2023 /PRNewswire/ — Three years after COVID-19 emerged and began impacting the global supply chain, many industries, including health care, are still dealing with the impacts of the supply chain disruption. Like other health systems, AdventHealth has taken many measures to ensure the continuity of its supply chain so that… Continue reading AdventHealth, Medline Ink Unique Partnership to Expand Supply Chain Resiliency
RYSE Aero Technologies Launches Equity Crowdfunding Campaign with the DealMaker Platform
The Revolutionary Ultralight eVTOL Manufacturer Seeks Shareholders to Power Next-Phase Growth CINCINNATI, Aug. 9, 2023 /PRNewswire/ — RYSE Aero Technologies, a pre-revenue ultralight electric vertical takeoff and landing (eVTOL) vehicle manufacturer, announced today that they have launched an equity crowdfunding campaign via the DealMaker platform. RYSE’s flagship, the RECON, is an ultralight eVTOL flying vehicle… Continue reading RYSE Aero Technologies Launches Equity Crowdfunding Campaign with the DealMaker Platform
EFL Global Sets Sail with Infor Nexus™
Leading logistics service provider leverages Infor Nexus platform to enhance supply chain visibility and client collaboration NEW YORK, Aug. 9, 2023 /PRNewswire/ — Infor Nexus™, the leading global supply chain platform and a division of Infor®, the industry cloud company, today announced that EFL Global will implement the Infor Nexus platform and join its logistics… Continue reading EFL Global Sets Sail with Infor Nexus™
LOHUM and Vecmocon partner to accelerate EV battery adoption and enable easy financing
LOHUM, a producer of sustainable energy transition materials and Vecmocon, an Indian EV intelligence company backed by Tiger Global & Blume Ventures, have joined forces to revolutionise the lifecycle management of electric vehicle batteries. This strategic partnership aims to accelerate the widespread adoption of EVs by combining the pioneering battery testing technology of LOHUM and… Continue reading LOHUM and Vecmocon partner to accelerate EV battery adoption and enable easy financing
Emitec eyes 30% growth in India, despite the EV shift
Emitec Technologies, a major global player in emission control technologies for the automotive industry, is redrawing its strategies to grow in India. The company, which recently carved out its separation from Vitesco Technologies, is looking to increase its annual turnover by more than 30% in the next 3–5 years, if not more. The company’s managing… Continue reading Emitec eyes 30% growth in India, despite the EV shift
Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion
NEW YORK, Aug. 9, 2023 /PRNewswire/ — The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships… Continue reading Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion