Department for Business, Energy and Industrial Strategy

ZeroAvia & Otto Aviation Partner to Deliver First New Airframe Design with Hydrogen-Electric Engine Option

Retrieved on: 
Wednesday, June 15, 2022
Hydrogen, Zero, Climate change, Department, Water, NOx, Aircraft, Carbon, FAA, Technology, BEIS, CEO, Department for Business, Energy and Industrial Strategy, ATI, Efficiency, Business, Aviation, LLC, Defence Industrial Strategy, LinkedIn, Innovation, Sulfur oxide, Founder CEO, Electricity, Maintenance, Innovate UK, Partnership, Twitter, Project, Transport, CAA, Multimedia, Instagram, D, ZeroAvia, Otto's, Original equipment manufacturer, Climate, UK Government Decontamination Service, Diesel fuel, Airline, Celera Corporation

HOLLISTER, Calif. and KEMBLE, England, June 15, 2022 /PRNewswire/ -- ZeroAvia, the leader in hydrogen-electric solutions for aviation, today announced a collaboration with Otto Aviation, LLC, to develop a hydrogen-electric powertrain to power Otto's Celera aircraft.

Key Points: 
  • Under the agreement, Otto and ZeroAvia will work to integrate ZeroAvia's ZA600 zero-emission engines to Otto's revolutionary Celera aircraft.
  • The collaboration has the potential to make the Celera the first new airframe design to leverage zero-emission propulsion in its launch models.
  • Announcing the partnership today, William Otto, CEO of Otto Aviation, said: "ZeroAvia's hydrogen-electric powertrain helps us to realize the commitment Otto has made to lower operating costs and climate impact for operators.
  • However, efficiency gains from new airframe design can expand the impact of zero-emission aviation.

SGT Capital completes the acquisition of Utimaco, a leading provider of Cybersecurity and Compliance Solutions

Retrieved on: 
Wednesday, June 1, 2022
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Since announcing its acquisition by SGT Capital, in April 2022 Utimaco acquired Celltick, a global leader of Public Warning Systems and the world's largest cell broadcast-based products provider, in terms of deployments and audience reach.

Key Points: 
  • Since announcing its acquisition by SGT Capital, in April 2022 Utimaco acquired Celltick, a global leader of Public Warning Systems and the world's largest cell broadcast-based products provider, in terms of deployments and audience reach.
  • Joseph Pacini, Co-Managing Partner of SGT Capital, said: "With an increasingly connected world comes the continued increase of cybersecurity risks.
  • SGT Capital is led by Joseph Pacini, Carsten Geyer, Christoph Gerlinger, Dr Marcel Normann, Marianne Rajic and Jens Dino Steinborn.
  • UTIMACO is a global platform provider of trusted Cybersecurity and Compliance solutions and services with headquarters in Aachen (Germany) and Campbell, CA (USA).

United Kingdom Employee Benefits Report 2022: Key Regulations, Statutory Public and Private Benefits, and Industry Analysis - ResearchAndMarkets.com

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Tuesday, May 31, 2022
Other Health, Men, Professional Services, Consumer, Hospitals, Parenting, Women, Insurance, Seniors, Human Resources, Finance, Health, Department, Business, NHS, Death, Health, Education, Leisure Employment Services Ltd v HM Revenue & Customs, Overalls, Housing, HM Revenue and Customs, Unemployment, Human resource policies, United Kingdom, Holiday, National Health Service, Private benefits of control, Department for Business, Energy and Industrial Strategy, Organization, Update, BEIS, Social Security, Health insurance

The "Employee Benefits in the United Kingdom (UK), 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Employee Benefits in the United Kingdom (UK), 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis" report has been added to ResearchAndMarkets.com's offering.
  • The report provides in-depth industry analysis, information, and insights of the employee benefits in UK, including an overview of the state and compulsory benefits in UK, detailed information about the private benefits in UK, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in UK.
  • Welfare benefits in the country are disbursed under various schemes, such as cash benefits, healthcare, education, housing, and personal social services.
  • Cash benefits are classified into three subgroups: national insurance; means-tested; and non-contributory benefits.

Fimatix completes acquisition of Idea Group

Retrieved on: 
Thursday, May 26, 2022
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LONDON, May 26, 2022 /PRNewswire/ -- The purchase enables Fimatix to expand its public sector and consulting arms by integrating and building out Idea Group's existing technology solutions and services and marrying them with pre-existing internal expertise across a wide range of sectors. Idea Group has over twenty years' experience servicing the financial services community, where it has earned a reputation for fostering innovation, particularly in the pensions sector.

Key Points: 
  • Leading digital technology services consultancy Fimatix has announced the acquisition of Financial Services technology specialist Idea Group for an undisclosed sum, as part of its next stage of growth in the digital services marketplace.
  • Idea Group has over twenty years' experience servicing the financial services community, where it has earned a reputation for fostering innovation, particularly in the pensions sector.
  • Idea Group's Nova Gateway applications will complement Fimatix' existing financial services expertise by providing a complete series of tools to streamline information interaction within the Investment Management industry.
  • Ian Lyall, Managing Director of Idea Group, said:
    "Fimatix' vision and sense of purpose far exceeded that of other companies who have recently expressed an interest in acquiring Idea Group.

H2GO Power Secures £4.3 million for Groundbreaking 1 MWh Scalable Green Hydrogen Storage System to Help Reduce Fossil Fuel Dependence in Scotland's Orkney Islands

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Thursday, May 19, 2022
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H2GO Power also envisions technology suitability for long-duration energy storage for power and grid stability applications as those markets develop in the medium-term.

Key Points: 
  • H2GO Power also envisions technology suitability for long-duration energy storage for power and grid stability applications as those markets develop in the medium-term.
  • The project expects to generate 100 additional jobs by 2026 through H2GO Power and 50 more jobs across the other partners.
  • H2GO Power is revolutionising hydrogen storage solutions to dramatically reduce costs by as much as 50 percent.
  • This competition looks to provide funding for projects that can help develop a wide range of innovative low-carbon hydrogen supply solutions.

UK Carbon Capture Startup MZT Closes USD $5M Fundraise Led by Breakthrough Energy Ventures

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Thursday, May 12, 2022
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Mission Zero Technologies (MZT), a UK-based direct air capture (DAC) technology startup announced today the close of its USD $5M seed financing round with investment from Breakthrough Energy Ventures (BEV) and Anglo American.

Key Points: 
  • Mission Zero Technologies (MZT), a UK-based direct air capture (DAC) technology startup announced today the close of its USD $5M seed financing round with investment from Breakthrough Energy Ventures (BEV) and Anglo American.
  • Based in London, UK, Mission Zero is a young and exciting DAC startup with a patent-pending breakthrough technology and is on a mission to close the carbon cycle.
  • The company is currently developing its first pilot for launch in 2023 in Thetford, UK, in partnership with O.C.O Technology.
  • Deep Science Ventures is creating a future where humanity and the planet thrive, combining available scientific knowledge and founder-type scientists into high-impact ventures.

ZeroAvia Makes Major Strides in Hydrogen Refueling with Shell Collaboration and Airport Pipeline Launch

Retrieved on: 
Tuesday, May 10, 2022
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"Shell recognizes the aviation sector has unique challenges in decarbonization and needs practical and scalable net-zero solutions," said Oliver Bishop, General Manager, Hydrogen at Shell.

Key Points: 
  • "Shell recognizes the aviation sector has unique challenges in decarbonization and needs practical and scalable net-zero solutions," said Oliver Bishop, General Manager, Hydrogen at Shell.
  • The deal with Shell comes as ZeroAvia also unveils Europe's first landside-to-airsidehydrogen airport pipeline.
  • The pipeline will help ZeroAvia demonstrate and explore the operational safety case for hydrogen pipelines and refueling infrastructure at airports.
  • "These milestone announcements represent significant hydrogen infrastructure advancement for ZeroAvia and the industry," said Arnab Chatterjee, VP Infrastructure, ZeroAvia.

Proactive news headlines including Cooper Metals, Oar Resources, Magnis Energy Technologies and International Graphite

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Tuesday, April 26, 2022
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Key Points: 
  • Click here
    Magnis Energy Technologies Ltd (ASX:MNS, OTCQX:MNSEF) subsidiary Imperium3 New York (iM3NY) continues to make strong progress at a gigawatt-scale lithium-ion battery plant being established in Endicott, New York.
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    International Graphite Ltd (ASX:IG6) has signed a non-binding Memorandum of Understanding (MoU) with ZEN Energy aimed at concluding binding agreements for the purchase of firmed renewable energy.
  • Proactive has produced over 300,000 articles and 20,000 executive interviews since it was established in 2006.
  • For more information on how Proactive can help you make a difference, email us at [email protected]

ZeroAvia and ZEV Station sign MoU to Develop Hydrogen Refueling Ecosystem at California Airports

Retrieved on: 
Monday, April 4, 2022
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HOLLISTER, Calif. , April 4, 2022 /PRNewswire/ -- ZeroAvia, the leader in hydrogen-electric, zero-emission aviation, today signed an MoU and announced a new partnership with the hydrogen fueling firm ZEV Station to develop green hydrogen refueling infrastructure for airports in California.

Key Points: 
  • HOLLISTER, Calif., April 4, 2022 /PRNewswire/ -- ZeroAvia , the leader in hydrogen-electric, zero-emission aviation, today signed an MoU and announced a new partnership with the hydrogen fueling firm ZEV Station to develop green hydrogen refueling infrastructure for airports in California.
  • ZeroAvia will leverage its significant research and development in hydrogen production and refueling for aviation alongside ZEV Station's extensive team experience in the provision of gaseous hydrogen for road vehicles, in order to develop an innovative hydrogen airport refueling system.
  • As part of the partnership, ZeroAvia plans flight demonstrations of hydrogen-electric aircraft from pilot airports, supported by the co-developed refueling ecosystem and dedicated support from ZEV Station.
  • ZEV Station sees the partnership with ZeroAvia as a key catalyst to help kickstart hydrogen fueling for aviation in California and beyond."

VIASAT, INMARSAT REACH AGREEMENT WITH UK GOVERNMENT ON PLAN TO INCREASE HIGHLY-SKILLED JOBS AND R&D INVESTMENT IN UK SPACE SECTOR

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Monday, March 21, 2022
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CARLSBAD, Calif. and LONDON, March 21, 2022 /PRNewswire/ -- Viasat and Inmarsat, the US and UK satellite communications groups, have agreed on a package of legally-binding economic undertakings with the UK Government's Department for Business, Energy and Industrial Strategy (BEIS) as part of the proposed combination of the two companies. BEIS welcomed the constructive discussions that have taken place with both companies on their future plans. The transaction remains subject to the regulatory processes of the UK.

Key Points: 
  • "We are fully committed to ensuring that our combination with Inmarsat supports the UK's National Space Strategy with additional investment and job creation," said Rick Baldridge, president and CEO of Viasat.
  • "I am confident that together we can build upon the UK's space agenda and help propel the country to the forefront of the global space race.
  • I want to thank the UK Government for their engagement and look forward to a productive relationship for decades to come."
  • Rajeev Suri, Inmarsat CEO, added: "With this agreement, the combination of Inmarsat and Viasat will result in more highly-skilled jobs and R&D investment in the UK than Inmarsat could achieve on a standalone basis.