Aircraft

Syska Hennessy Promotes Robert Ioanna to Chief Technical Officer And John Passanante to Executive Principal

Monday, October 25, 2021 - 2:00pm

NEW YORK, Oct. 25, 2021 /PRNewswire/ -- Syska Hennessy Group ,the international engineering firm, has promoted Robert Ioanna, PE, LEED AP, to chief technical officer and John Passanante, PE, RCDD, to executive principal.

Key Points: 
  • NEW YORK, Oct. 25, 2021 /PRNewswire/ -- Syska Hennessy Group ,the international engineering firm, has promoted Robert Ioanna, PE, LEED AP, to chief technical officer and John Passanante, PE, RCDD, to executive principal.
  • He also oversees Syska Innovations, a subsidiary that invests in seed-stage companies, pilots their software and products, and promotes ideation and technology development within Syska.
  • As chief technical officer, Mr. Ioanna will drive Syska's innovation strategy and ensure alignment between business needs and the company's engineering technology, technical resources, and capabilities.
  • "Rob has extensive technical experience, but for him that's just the starting point," says Cyrus Izzo, Syska co-president.

Arca Labs and Oasis Pro, Inc. Enter into Joint Venture to Develop Blockchain Transferred Funds and Digital Asset Securities

Monday, October 25, 2021 - 1:30pm

Arca launched the industrys first BTF in July 2020, with the introduction of the Arca U.S. Treasury Fund (the Fund), which issues its shares at digital asset securities.

Key Points: 
  • Arca launched the industrys first BTF in July 2020, with the introduction of the Arca U.S. Treasury Fund (the Fund), which issues its shares at digital asset securities.
  • These proof points include the adoption and deployment of ArCoin, the digital asset securities representing shares of the Fund, into pilots and proofs of concepts.
  • With this new joint venture, Arca and OPI will work together by commissioning the OPI/Arca Digital Asset Working Group for Securities, comprised of market participants representing market makers, traders, hedge funds, and traditional financial institutions.
  • Arca Capital Management, LLC Arca serves as adviser to the Arca U.S. Treasury Fund, distributed by UMB Distribution Services, Member FINRA/SIPC.

Purolator releases 2020 Sustainability Report

Monday, October 25, 2021 - 1:07pm

Despite increased demand for shipping and transportation services, Purolator reduced total emissions in 2020 by 8 per cent per package

Key Points: 
  • Despite increased demand for shipping and transportation services, Purolator reduced total emissions in 2020 by 8 per cent per package
    TORONTO, Oct. 25, 2021 /CNW/ - Purolator today released its2020 Sustainability Report, a detailed review of its progress in and commitment to environmental, social and governance performance.
  • The report demonstrates how Purolator is fulfilling consumer demands to adopt more sustainable practices despite an unprecedented rise in shipping across Canada.
  • Key highlights of the 2020 Sustainability Report:
    Recruited and virtually trained more than 3,700 employees, up 34 per cent from 2019.
  • For more details on Purolator's progress, please read the 2020 Sustainability Report found on purolator.com.

The Drone Racing League and T-Mobile Bring Epic Championship Drone Race to the Las Vegas Strip

Monday, October 25, 2021 - 12:00pm

NEW YORK, Oct. 25, 2021 /PRNewswire/ --The Drone Racing League (DRL), the world's premier, professional drone racing property, today announced the DRL Vegas Championship Race Presented by T-Mobile, the finale of the 2021-22 DRL Algorand World Championship Season.

Key Points: 
  • NEW YORK, Oct. 25, 2021 /PRNewswire/ --The Drone Racing League (DRL), the world's premier, professional drone racing property, today announced the DRL Vegas Championship Race Presented by T-Mobile, the finale of the 2021-22 DRL Algorand World Championship Season.
  • As the biggest event during the largest global tech conference, the DRL Vegas Championship Race Presented by T-Mobile will feature the world's best drone pilots, a custom-designed aerial race track, and a star-studded concert.
  • "Our Championship Race will showcase the incredible collaboration between T-Mobile and the Drone Racing League on the greatest stage for the world's top technology leaders.
  • The Drone Racing League (DRL) is the world's premier, professional drone racing property.

DRT Holdings Names Rob Cohen Chief Executive Officer

Monday, October 25, 2021 - 12:00pm

DAYTON, Ohio, Oct. 25, 2021 /PRNewswire/ -- DRT Holdings, Inc. ("DRT"), a leading manufacturer of highly complex systems and machined components for diverse end markets including metal packaging, aerospace, defense, space, power, medical, and building products, announced that it has appointed Robert S. Cohen as Chief Executive Officer. DRT is a portfolio company of Mill Rock Capital, a leading growth and operations oriented private investment firm. 

Key Points: 
  • DAYTON, Ohio, Oct. 25, 2021 /PRNewswire/ -- DRT Holdings, Inc. ("DRT"), a leading manufacturer of highly complex systems and machined components for diverse end markets including metal packaging, aerospace, defense, space, power, medical, and building products, announced that it has appointed Robert S. Cohen as Chief Executive Officer.
  • Prior to joining DRT, he served as Chief Administrative Officer of Whitcraft Group, a manufacturer of highly engineered precision parts for aircraft and engine platforms.
  • Previously, Mr. Cohen served for over fifteen years as President and Chief Executive Officer of TECT Power, a leading provider of complex rotating and structural airfoil components for turbine engines, until its acquisition by Whitcraft.
  • "We are thrilled to welcome Rob as DRT's Chief Executive Officer," said Geoff Greulich, DRT Executive Chairman.

Vertical & Heathrow to collaborate on future of urban air mobility

Monday, October 25, 2021 - 7:00am

The agreement between Heathrow and Vertical is a significant milestone for Britain's zero-emissions aviation industry.

Key Points: 
  • The agreement between Heathrow and Vertical is a significant milestone for Britain's zero-emissions aviation industry.
  • This new agreement comes as interest in the future of urban air mobility is growing, with major airlines already operating at Heathrow keen to see the technology develop.
  • Chris Annetts, Chief Strategy Officer of Heathrow, said "We are delighted to be partnering with Vertical, a global champion in emissions-free aviation.
  • We look forward to working closely with both Vertical and London Heathrow to transform the first and last 100-mile journey of passengers travelling through Heathrow".

Aviator Zone Academy Named Best in the Region Flight School by National Association

Friday, October 22, 2021 - 9:02pm

MIAMI, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Aviator Zone Academyhas been recognized for its excellence in flight training by the Aircraft Owners and Pilots Association (AOPA), the world's largest aviation association.

Key Points: 
  • MIAMI, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Aviator Zone Academyhas been recognized for its excellence in flight training by the Aircraft Owners and Pilots Association (AOPA), the world's largest aviation association.
  • The flight school has been awarded the title of 2021-22 Best Flight School in the Southern Region and is the only flight school in the Southern Region to earn this recognition.
  • The Flight Training Experience Survey was created to highlight the best flight training the industry has to offer.
  • Learn more: www.aopa.org/FTawards
    Information about flight training with Aviator Zone Academyis available at www.aviator.zone .

Aurora Makes Major Progress in 2021 Toward Commercializing Self-Driving Technology

Friday, October 22, 2021 - 3:29pm

In 2021 alone, the company has made major advancements toward delivering its vision for how self-driving technology comes to market.

Key Points: 
  • In 2021 alone, the company has made major advancements toward delivering its vision for how self-driving technology comes to market.
  • Aurora believes there is no stronger ecosystem of partnerships to bring this technology to market in the AV industry.
  • Aurora continues to scale up its Virtual Testing Suite, running millions of daily tests to rapidly add capabilities to the Aurora Driver.
  • As Aurora refines its technology in advance of planned commercial deployment in 2023, it will continue to progress with both customers and partners.

Xeriant moving Forward on XTI Merger Agreement

Friday, October 22, 2021 - 2:01pm

BOCA RATON, Fla., Oct. 22, 2021 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB: XERI) (Xeriant or The Company), an aerospace company dedicated to Advanced Air Mobility, affirms it is working to complete a definitive merger agreement with XTI Aircraft Company, a cleantech OEM and developer of a leading hybrid-electric VTOL aircraft, the TriFan 600.

Key Points: 
  • BOCA RATON, Fla., Oct. 22, 2021 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB: XERI) (Xeriant or The Company), an aerospace company dedicated to Advanced Air Mobility, affirms it is working to complete a definitive merger agreement with XTI Aircraft Company, a cleantech OEM and developer of a leading hybrid-electric VTOL aircraft, the TriFan 600.
  • The Companys previously announced Letter of Intent provided for the two parties to enter into the definitive merger agreement with a target date of October 22, 2021.
  • We are making progress with our merger agreement and moving forward with completing the documentation as soon as practicable, stated Keith Duffy, CEO of Xeriant.
  • Based in Englewood, Colorado, XTI Aircraft Company is a privately owned OEM and developer of next-generation, cleantech VTOL aircraft, including the TriFan 600.

Altitude Is a Multifunctional Drink Ideal for Short, Dark Winter Days

Friday, October 22, 2021 - 1:38pm

Altitude is a great way to stay healthy and energized during the cold, dark months of the year.

Key Points: 
  • Altitude is a great way to stay healthy and energized during the cold, dark months of the year.
  • However, the multifunctional tonic was originally created for a distinct purpose which also had to do with tired, long workdays.
  • This means American consumers can also finally tap into the energy tonic's potent effect as they face the long, dark winter days ahead.
  • About Altitude: Altitude is an organic energy tonic owned and produced by the Austrian/Italian company PilotsFriend.