Blade

AIBOT Secures First Distribution of $15 Million CalCompetes Grant, Demonstrating Significant Progress and Commitment to California

Retrieved on: 
Giovedì, Maggio 2, 2024

LONG BEACH, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- AIBOT, a pioneer in Electric Vertical Takeoff and Landing (eVTOL) technology, proudly announces the receipt of the first installment of the $15 million CalCompetes Grant awarded by the California Governor’s Office of Business and Economic Development. This funding milestone underscores AIBOT's successful completion of its 2023 goals set forth in the formal grant agreement for both growth and investment and reiterates its steadfast dedication to driving innovation and economic growth within California.

Key Points: 
  • Fundraising Success: In June, the company successfully completed its Founding II Fundraising, securing essential capital to fuel its continued innovation and expansion.
  • Technological Breakthroughs: July marked a significant achievement with the successful demonstration of fully automated takeoff and landing technologies.
  • Building on last year's success, 2024 has already seen AIBOT complete the design and build of its uncrewed production-intent version of the AIBOT 700.
  • With strong strategic partnerships and the first distribution of grant funds, AIBOT is preparing for the commercial launch of the AIBOT 700 unmanned aiEVTOL aircraft.

Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal First Quarter 2024 Financial Results

Retrieved on: 
Martedì, Aprile 23, 2024

NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the fiscal fourth quarter ended March 31, 2024.

Key Points: 
  • NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the fiscal fourth quarter ended March 31, 2024.
  • Blade will conduct the call at 8:00am ET on Tuesday, May 7, 2024.
  • Starting today, any shareholder will be able to submit and upvote questions to management of the Company.
  • To submit questions ahead of the conference call, please visit the Say platform here .

Hybrid Aircraft Market Size Expected to Reach $13.2 Billion By 2030 as Demand Grows for Commercial Applications

Retrieved on: 
Martedì, Aprile 2, 2024

It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.

Key Points: 
  • It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.
  • Hybrid aircraft offer the advantage of reduced emissions and lower noise levels, making them more environmentally friendly.
  • Hybrid aircraft, particularly those with electric propulsion, produce less noise during takeoff and flight, making them more suitable for operating in noise-sensitive regions.
  • Hybrid aircraft can offer flexible and economically viable solutions for regional air travel, supporting regional connectivity and economic development.

Blade Air Mobility Announces $20 Million Share Repurchase Program

Retrieved on: 
Mercoledì, Marzo 20, 2024

NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced its Board of Directors has authorized the repurchase of up to $20 million of outstanding Class A common stock.

Key Points: 
  • NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced its Board of Directors has authorized the repurchase of up to $20 million of outstanding Class A common stock.
  • Given the Company’s expectation of profitability on an adjusted EBITDA basis for the full-year 2024, coupled with its debt-free balance sheet and significant cash balance, the share buyback program will allow the Company to opportunistically take advantage of stock price dislocations, when prudent.
  • The volume and timing of any repurchases will be subject to general business and market conditions, acquisition and corporate investment opportunities, and Blade’s capital allocation strategy at the time.
  • The repurchase program does not obligate Blade to repurchase a specific number of shares and may be modified, suspended, or discontinued at any time.

BLADE AND BOW TEES UP PARTNERSHIP WITH PROFESSIONAL GOLFER AND MAJOR CHAMPIONSHIP WINNER WYNDHAM CLARK TO ELEVATE GOLFERS' GAME ON AND OFF THE GREEN

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Martedì, Marzo 19, 2024

LOUISVILLE, Ky., March 19, 2024 /PRNewswire/ -- Today, Blade and Bow Kentucky Straight Bourbon Whiskey announced The 19th Hole with Blade and Bow, a nationwide campaign providing golfers with bespoke tools and tips to improve their game, including expert techniques on the links and the perfect whiskey to refine their celebrations on the 19th hole. The brand has teamed up with pro golfer and bourbon-lover Wyndham Clark on a content series launching on social and digital this spring, captured by golf photographer Matt Hahn and videographer Jason Jahnke. Together, Clark and Blade and Bow will also launch a nationwide sweepstakes later in 2024, giving golfers the chance to join him on the course for a private round of golf followed by a celebratory round of Blade and Bow cocktails at the clubhouse. 

Key Points: 
  • The brand has teamed up with pro golfer and bourbon-lover Wyndham Clark on a content series launching on social and digital this spring, captured by golf photographer Matt Hahn and videographer Jason Jahnke.
  • "The distillation of a quality whiskey requires the same discipline, determination and sportsmanship required to reach a professional level as an athlete.
  • "At Blade and Bow, we're passionate about the legacy of enjoying a bourbon cocktail at the 19th hole," said Meghan Redler, Brand Manager for Blade and Bow at DIAGEO.
  • With a commitment to excellence in both the craft of whiskey and the game of golf, Blade and Bow is dedicated to creating educational and unforgettable moments for whiskey- and golf-lovers alike.

Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal Fourth Quarter 2023 Financial Results

Retrieved on: 
Martedì, Febbraio 27, 2024

NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the fiscal fourth quarter ended December 31, 2023.

Key Points: 
  • NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the fiscal fourth quarter ended December 31, 2023.
  • Blade will conduct the call at 8:00am ET on Tuesday, March 12, 2024.
  • Starting today, any shareholder will be able to submit and upvote questions to management of the Company.
  • To submit questions ahead of the conference call, please visit the Say platform here .

Transcend Capital Advisors Adds Elite Amateur Blades Brown To NIL Roster

Retrieved on: 
Giovedì, Marzo 7, 2024

Transcend Capital Advisors has signed a multi-year Name, Image, and Likeness (NIL) partnership with 16-year-old amateur golfer Blades Brown, currently the #5-ranked Boys Amateur (Rolex AJGA Ranking) and the 2023 Tennessee Men’s and Junior Player of the Year.

Key Points: 
  • Transcend Capital Advisors has signed a multi-year Name, Image, and Likeness (NIL) partnership with 16-year-old amateur golfer Blades Brown, currently the #5-ranked Boys Amateur (Rolex AJGA Ranking) and the 2023 Tennessee Men’s and Junior Player of the Year.
  • We are proud to partner with Blades and help him continue to achieve great things on and off the golf course,” said Brian Gorczynski, Managing Partner of Transcend.
  • The following month, Brown fired another final-round 64—again the day’s low score—to capture The Elite Invitational in Myrtle Beach, SC.
  • The firm previously had a multi-year NIL partnership with accomplished amateur Caleb Surratt who turned professional earlier this year.

Future Technologies, Materials, and Markets for Thermal Management

Retrieved on: 
Venerdì, Dicembre 1, 2023

This means that the thermal management of the motors, power electronics , and how this all interacts is just as important as the battery.

Key Points: 
  • This means that the thermal management of the motors, power electronics , and how this all interacts is just as important as the battery.
  • Electric motors present a different thermal management challenge; while water jackets around the motor have been common, the trend is towards motors that use oil within them.
  • A single water/oil heat exchanger could therefore be used to contact the thermal system of the vehicle with the drive unit.
  • IDTechEx's report " Thermal Management for Data Centers 2023-2033: Technologies, Markets and Opportunities " finds that the annual revenue of the data center immersion cooling industry will triple between 2022 and 2033.

Future Technologies, Materials, and Markets for Thermal Management

Retrieved on: 
Venerdì, Dicembre 1, 2023

This means that the thermal management of the motors, power electronics , and how this all interacts is just as important as the battery.

Key Points: 
  • This means that the thermal management of the motors, power electronics , and how this all interacts is just as important as the battery.
  • Electric motors present a different thermal management challenge; while water jackets around the motor have been common, the trend is towards motors that use oil within them.
  • A single water/oil heat exchanger could therefore be used to contact the thermal system of the vehicle with the drive unit.
  • IDTechEx's report " Thermal Management for Data Centers 2023-2033: Technologies, Markets and Opportunities " finds that the annual revenue of the data center immersion cooling industry will triple between 2022 and 2033.

AllSides Technologies, Inc. Announces Multipartisan Board of Directors and Status as Public Benefit Corporation

Retrieved on: 
Martedì, Novembre 14, 2023

DENVER, Nov. 14, 2023 /PRNewswire/ -- AllSides Technologies, Inc. today announced it has formally incorporated as a public benefit corporation and appointed its three co-founders as board members: John Gable, CEO, Scott McDonald, CTO, and Joan Blades.

Key Points: 
  • The co-founders hail from different political backgrounds, underscoring AllSides' explicit multipartisan mission — Gable has a Lean Right bias , McDonald a Center bias , and Blades a Left bias .
  • Together, the three co-founders maintain majority ownership and control of AllSides Technologies, Inc.
    Gable is a technology veteran who previously worked at Microsoft, Netscape, and Check Point Software.
  • In 2023, AllSides, LLC changed its company structure and legal name to AllSides Technologies, Inc. to support further growth and allow for outside funding.
  • History of AllSides: AllSides, Inc. was originally co-founded in 2012 by Gable and McDonald.