Alice

Eviation announces Letter of Intent with flyVbird for 25 Alice All-Electric commuter aircraft

Retrieved on: 
Monday, October 16, 2023

The airline is driven by unique algorithms to deliver on-demand air travel to routes passengers want to fly.

Key Points: 
  • The airline is driven by unique algorithms to deliver on-demand air travel to routes passengers want to fly.
  • The nine-seater Alice is the world's first flight-tested all-electric commuter aircraft.
  • "The Alice is the innovative and beautifully designed aircraft needed to lead aerospace's transition to net zero carbon emissions.
  • "Through our unique AI-driven approach, we will offer direct alternatives to typical hub-and-spoke operations and Alice will play a critical role."

L7 DEX: Exploring Something New for Decentralized Derivatives Exchanges

Retrieved on: 
Monday, September 25, 2023

Compared to centralized exchanges, decentralized exchanges (DEXs) initially had a smaller share in the futures trading market due to on-chain performance constraints.

Key Points: 
  • Compared to centralized exchanges, decentralized exchanges (DEXs) initially had a smaller share in the futures trading market due to on-chain performance constraints.
  • L7 DEX is a decentralized contract trading platform based on Web3 with its major innovations of the PvP-AMM protocol, liquidity-as-a-service (LaaS), and more.
  • However, L7 DEX introduces the PvP-AMM mechanism, bringing a paradigm shift in decentralized futures markets.
  • L7 DEX is ushering in a paradigm shift in decentralized futures contract markets by adopting the PvP-AMM model, poised to accelerate its growth.

This Week in Energy News: 12 Stories You Need to See

Retrieved on: 
Friday, September 8, 2023

NEW YORK, Sept. 8, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the energy and natural resources industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • A roundup of the week's most newsworthy energy industry press releases from PR Newswire, including investments in lithium, solar, and portable power.
  • NEW YORK, Sept. 8, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
  • To help journalists covering the energy and natural resources industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.
  • The list below includes the headline (with a link to the full text) and an excerpt from each story.

This Week in Transportation News: 10 Stories You Need to See

Retrieved on: 
Friday, September 8, 2023

NEW YORK, Sept. 8, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the auto and transportation industries stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • Range Using NASA-Proven "Thrusters"
    An exciting new mode of personal airborne mobility, about the size of a Tesla Model S, has been revealed by Applied eVTOL Concepts.
  • The Epiphany™ Transporter evokes dreams of Aladdin's Magic Carpet, providing swift, door-to-door, transportation with VTOL (Vertical Take-Off and Landing) capability.
  • Subject Matter Experts: Access ProfNet , a database of industry experts to connect with as sources or for quotes in your articles.
  • Related Resources: Read and subscribe to our journalist- and blogger-focused blog, Beyond Bylines , for media news roundups, writing tips, upcoming events, and more.

Clermont Group Welcomes Robbie Bourke as Head of Aerospace

Retrieved on: 
Tuesday, August 15, 2023

With more than 20 years' experience in the aerospace industry, Bourke will use his expertise to drive Clermont's mission to lead the sustainable aviation revolution.

Key Points: 
  • With more than 20 years' experience in the aerospace industry, Bourke will use his expertise to drive Clermont's mission to lead the sustainable aviation revolution.
  • In that role, he advised clients across the aviation, aerospace and rail sectors on strategy, operations and sustainability.
  • "Bringing Robbie on board at Clermont as Head of Aerospace strengthens our mission to bring our new technologies to market and deepens our commitment to leading the transition to a sustainable aviation industry."
  • "Clermont Group has demonstrated its vision and leadership in making sustainable aviation a reality," said Robbie Bourke, incoming Head of Aerospace at Clermont Group.

Clermont Group Welcomes Robbie Bourke as Head of Aerospace

Retrieved on: 
Tuesday, August 15, 2023

With more than 20 years' experience in the aerospace industry, Bourke will use his expertise to drive Clermont's mission to lead the sustainable aviation revolution.

Key Points: 
  • With more than 20 years' experience in the aerospace industry, Bourke will use his expertise to drive Clermont's mission to lead the sustainable aviation revolution.
  • In that role, he advised clients across the aviation, aerospace and rail sectors on strategy, operations and sustainability.
  • "Bringing Robbie on board at Clermont as Head of Aerospace strengthens our mission to bring our new technologies to market and deepens our commitment to leading the transition to a sustainable aviation industry."
  • "Clermont Group has demonstrated its vision and leadership in making sustainable aviation a reality," said Robbie Bourke, incoming Head of Aerospace at Clermont Group.

Eviation Appoints TLG Aerospace to Develop Production Configuration of Alice Aircraft

Retrieved on: 
Wednesday, August 2, 2023

ARLINGTON, Wash., Aug. 2, 2023 /PRNewswire/ -- Eviatio n Aircraft , a manufacturer of all-electric aircraft, today announced that it has appointed TLG Aerospace , a Seattle-based aerospace engineering company, for the design of the production configuration of the Alice commuter plane.

Key Points: 
  • ARLINGTON, Wash., Aug. 2, 2023 /PRNewswire/ -- Eviatio n Aircraft , a manufacturer of all-electric aircraft, today announced that it has appointed TLG Aerospace , a Seattle-based aerospace engineering company, for the design of the production configuration of the Alice commuter plane.
  • Recently named one of TIME Magazine's "100 Most Influential Companies 2023", Eviation pioneered the nine-passenger Alice – the only flight-proven all-electric commuter aircraft of its size.
  • "Establishing the production configuration of the Alice aircraft is an important milestone in the program," said Gregory Davis, CEO of Eviation.
  • "TLG Aerospace is thrilled to be joining this significant chapter in the development of the Alice aircraft," said Steve Muenzberg, CEO of TLG Aerospace.

Eviation Announces Order from Aerolease for up to 50 Alice All-Electric Commuter Aircraft

Retrieved on: 
Tuesday, June 20, 2023

Eviation signs letter of intent with Aerolease, a U.S.-based leasing company focused on sustainable aviation

Key Points: 
  • Eviation signs letter of intent with Aerolease, a U.S.-based leasing company focused on sustainable aviation
    Under the deal announced at the 2023 Paris Air Show, Aerolease orders up to 50 Alice electric aircraft
    PARIS, June 20, 2023 /PRNewswire/ -- Eviation Aircraft , a manufacturer of all-electric aircraft, today announced that Aerolease , a leasing company based in Miami, U.S., has signed a Letter of Intent (LOI) for up to 50 commuter Alice aircraft.
  • Aerolease is focused on sustainable aviation and will provide financing and leasing solutions for the Alice to a global customer base of operators.
  • The Eviation Alice is a nine-passenger electric aircraft – the only flight-proven all-electric commuter aircraft of its size.
  • Aerolease further demonstrates the commitment of leasing companies to revolutionize air travel and we are very pleased to receive this order."

Obyte Launches Contracts with Arbitration: P2P Transactions with Decentralized Escrow

Retrieved on: 
Tuesday, June 13, 2023

Vaduz, Liechtenstein, June 13, 2023 (GLOBE NEWSWIRE) -- In its ongoing mission to enhance peer-to-peer (P2P) and decentralized transactions, Obyte is excited to announce the introduction of smart contracts with arbitration.

Key Points: 
  • Vaduz, Liechtenstein, June 13, 2023 (GLOBE NEWSWIRE) -- In its ongoing mission to enhance peer-to-peer (P2P) and decentralized transactions, Obyte is excited to announce the introduction of smart contracts with arbitration.
  • These contracts offer secure decentralized escrow protection for two-party agreements, eliminating the need for mutual trust.
  • By using contracts with arbitration, that risk is eliminated from the beginning, thanks to decentralized escrow and inclusion of a mutually trusted arbiter.
  • From this point, the funds involved (in USDC, GBYTEs, GBB, or any other token) are locked in decentralized escrow until the contract’s conditions are met.

Researchers built an analogue computer that uses water waves to forecast the chaotic future

Retrieved on: 
Saturday, May 27, 2023

We have built a small proof-of-concept computer that uses running water instead of a traditional logical circuitry processor, and forecasts future events via an approach called “reservoir computing”.

Key Points: 
  • We have built a small proof-of-concept computer that uses running water instead of a traditional logical circuitry processor, and forecasts future events via an approach called “reservoir computing”.
  • In benchmark tests, our analogue computer did well at remembering input data and forecasting future events – and in some cases it even did better than a high-performance digital computer.

Throwing stones in the pond

    • Imagine two kids, Alice and Bob, playing at the edge of a pond.
    • Bob throws big and small stones into water one at a time, seemingly at random.
    • Big and small stones create water waves of different size.

How to make predictions

    • To understand how we can use a reservoir computer to make predictions, imagine you have a record of daily rainfall for the past year and a bucket full of water near you.
    • We input the daily rainfall record to the bucket by means of stone.
    • For a day of light rain, we throw a small stone; for a day of heavy rain, a big stone.
    • This means a reservoir computer can also forecast financial markets and even certain kinds of human activity.

Longer-lasting waves

    • To forecast complex processes such as climate change and population growth, we need a reservoir with more durable waves.
    • The pump plays the role of falling stones in the game played by Alice and Bob, but the solitary waves correspond to the waves on the water surface.
    • Solitary waves move much faster and live longer than water waves in a bucket, which lets our computer process data at a higher speed.

So, how does it perform?

    • Our computer not only executed all tasks exceptionally well but also outperformed a high-performance digital computer tasked with the same problem.
    • With my colleague Andrey Pototsky, we also created a mathematical model that enabled us to better understand the physical properties of the solitary waves.
    • Our computer is also naturally immune to cyber attacks because it does not use digital data.