Vast

Vast Welcomes Veteran NASA Astronaut Dr. Andrew J. Feustel as Its Newest Human Spaceflight Advisor

Retrieved on: 
Tuesday, December 12, 2023
Other Transport, Technology, Engineering, Satellite, Transport, Other Technology, Aerospace, Manufacturing, Science, Other Science, Astronaut, Expedition 56, Soyuz, ISS, Space Shuttle, Community college, Hubble Space Telescope, International Space Station, NASA Astronaut Corps, Learning, NASA, Multimedia, Commander, Drew, Knowledge, Purdue University, Space Shuttle Endeavour, Oakland Community College, Management, Vast

Dr. Feustel is a veteran NASA Astronaut with 23 years of experience, most recently as NASA’s acting Chief Astronaut.

Key Points: 
  • Dr. Feustel is a veteran NASA Astronaut with 23 years of experience, most recently as NASA’s acting Chief Astronaut.
  • Prior to that role, he served as the Deputy Chief of the Astronaut Office from 2020 to 2022.
  • Dr. Feustel joins an esteemed list of advisors at Vast, which includes veteran NASA astronaut Dr. Garrett Reisman.
  • “We are thrilled to welcome Dr. Feustel to our team and look forward to learning from his expansive spaceflight experience,” said Max Haot, CEO.

EDF Australia commits Euro 10 million to Vast

Retrieved on: 
Friday, December 8, 2023
Environment, Technology, Other Energy, Environmental Health, Utilities, Other Technology, Alternative Energy, Sustainability, Energy, Research, NYSE, Vast, NETC, NETCU, VS1, Multimedia, Carbon, Australian Renewable Energy Agency, EDF, EUR, Electricity, CSP, Knowledge, Sodium, Renewable energy

EDF Australia (“EDF Australia”) today announced a Euro 10 million commitment to Vast Renewables Limited (“Vast”), a renewable energy company specialising in concentrated solar power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat.

Key Points: 
  • EDF Australia (“EDF Australia”) today announced a Euro 10 million commitment to Vast Renewables Limited (“Vast”), a renewable energy company specialising in concentrated solar power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat.
  • View the full release here: https://www.businesswire.com/news/home/20231208703419/en/
    The companies will partner to develop Australian CSP projects that will further Australia’s transition to a clean-energy economy.
  • EDF Australia’s capital commitment is subject to closing the previously announced business combination between Vast and Nabors Energy Transition Corp. (“NETC”) (NYSE: NETCU, NETC, NETCW) and other customary conditions.
  • EDF Australia Country Manager James Katsikas said the company was committed to assisting Australia’s transition to a clean-energy economy.

Office Evolution's Flexible Workspaces Address Demand from Charlotte Professionals

Retrieved on: 
Thursday, November 2, 2023
International Design Excellence Awards, MVP, Small business, Santa Cruz Operation, High-Rise (film), Gartner, Vast, Capital One, Environment, HR, Loneliness, SHRM, Management, Online shopping

CHARLOTTE, N.C., Nov. 2, 2023 /PRNewswire/ -- With people working in a variety of locations, an unprecedented number of Charlotte businesses are actively seeking places where their employees can thrive. Office Evolution® has the perfect solution for the growing number of remote workers. With its network of business centers strategically located throughout Charlotte, Office Evolution offers convenient and affordable flexible business environments in one of the nation's busiest and most expansive markets.

Key Points: 
  • With its network of business centers strategically located throughout Charlotte, Office Evolution offers convenient and affordable flexible business environments in one of the nation's busiest and most expansive markets.
  • Located at 10926 David Taylor Drive, Resource Building 2, the Office Evolution location has 6,100 square feet of flexible office space available for its members.
  • With a starting price of $99 per month, Office Evolution of Charlotte has workspace options to suit a variety of budgets.
  • Office Evolution has met that demand and allows entrepreneurs and hybrid workers alike to find their perfect office fit.

Majority Of Small Business Owners Optimistic About Financial Health, New Survey Finds

Retrieved on: 
Thursday, November 2, 2023
Face, Small business, Vast, Luigi, CBO, Silver, OnePoll, Sales, Cryptocurrency

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- Over three quarters (76%) of small business owners believe that their company is equipped to handle any upcoming economic instability, according to a new survey conducted by OnePoll and Melio – a leading B2B payments-as-a-service platform for small businesses. 

Key Points: 
  • With interest rates at a 22-year high, the survey finds that increased interest rates (61%), inflation (59%), and a looming recession (44%) remain top concerns for small business owners.
  • However, despite the economic headwinds of the past year, 72% of small business owners feel more optimistic now about the financial prospects of their company than they did in January 2023.
  • In a year marked by high inflation, 62% of small business owners report having made tough decisions about their business.
  • Moreover, the majority (53%) of small business owners are interested in digitizing or further digitizing their bookkeeping and payments.

Vast Receives Equity Commitment for up to USD $10 Million From Canberra Airport Group

Retrieved on: 
Thursday, September 21, 2023
Sustainability, Environment, Alternative Energy, Energy, Alternative Vehicles, Fuels, Automotive, Air, Transport, Methanol, NETC, SM1, VS1, Australian Renewable Energy Agency, USD, Wind, EUR, AUD, ARENA, Aviation biofuel, Growth, Carbon sequestration, CSP, Renewable energy, Vast, Canberra Airport

Vast Solar Pty Ltd (Vast), a world-leader in concentrated solar thermal power (CSP) energy systems, today announced that it has entered into a subscription agreement with Canberra Airport Group (Canberra Airport) to purchase up to USD $10 million of Vast ordinary shares at an approximate price of USD10.20 per share through an investment vehicle.

Key Points: 
  • Vast Solar Pty Ltd (Vast), a world-leader in concentrated solar thermal power (CSP) energy systems, today announced that it has entered into a subscription agreement with Canberra Airport Group (Canberra Airport) to purchase up to USD $10 million of Vast ordinary shares at an approximate price of USD10.20 per share through an investment vehicle.
  • The agreement is subject to closing of the previously announced business combination between Vast and Nabors Energy Transition Corp. (NETC).
  • Canberra Airport’s investment recognises the potential for Vast’s technology to be used to produce low-cost sustainable aviation fuels, a key challenge for the aviation industry as it aims to achieve decarbonisation targets.
  • USD $5 million of Canberra Airport’s commitment will serve as a backstop for subsequent capital raised by Vast from additional third-party debt or equity financing sources and is subject to a nominal commitment fee.

Redfin Reports 1 in 8 San Francisco Home Sellers Is Losing Money—the Highest Share in the Nation

Retrieved on: 
Wednesday, September 6, 2023
Online Retail, Retail, Technology, Residential Building & Real Estate, Software, Construction & Property, Internet, Vast, Housing, ID, Sale, Real estate, Tunnel, Grocery store, San Francisco Bay Area, Redfin

In San Francisco, the typical homeowner who took a loss sold their home for $100,000 less than they bought it for.

Key Points: 
  • In San Francisco, the typical homeowner who took a loss sold their home for $100,000 less than they bought it for.
  • Homeowners were least likely to sell at a loss in San Diego , Boston , Providence, RI , Kansas City, MO and Fort Lauderdale, FL .
  • San Francisco home sellers were most likely to lose money because the region has experienced outsized home-price declines.
  • The total value of homes in San Francisco has fallen by roughly $60 billion since last summer, a separate Redfin analysis found.

Vast Announces Appointment of Mark Smith as Chief Financial Officer

Retrieved on: 
Tuesday, August 22, 2023
Other Energy, Utilities, Environment, Alternative Energy, Energy, Technology, Green Technology, Other Technology, BMO Capital Markets, Marshall, Carbon, Electricity, Multimedia, VS1, Australian Renewable Energy Agency, Government, Bank of Montreal, AUD, ARENA, CFO, Occidental Petroleum, Financial management, Investment, California Resources Corporation, CSP, Renewable energy, Vast

Vast Solar Pty Ltd (Vast), a renewable energy company specialising in concentrated solar thermal power (CSP) energy systems that generate zero-carbon, utility-scale, dispatchable electricity and industrial process heat, announced today the appointment of Marshall D. (Mark) Smith as the company’s new Chief Financial Officer (CFO), effective September 18, 2023.

Key Points: 
  • Vast Solar Pty Ltd (Vast), a renewable energy company specialising in concentrated solar thermal power (CSP) energy systems that generate zero-carbon, utility-scale, dispatchable electricity and industrial process heat, announced today the appointment of Marshall D. (Mark) Smith as the company’s new Chief Financial Officer (CFO), effective September 18, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230821568087/en/
    Based between Vast’s Sydney headquarters and Houston, Texas, Mr. Smith brings more than 30 years of experience, including energy industry expertise and leadership in operations, capital allocation, business development, and financial management.
  • Mr. Smith also held executive positions at California Resources Corporation, Occidental Petroleum, Ultra Petroleum, and J.M.
  • "Mark is a true energy industry veteran with deep experience as CFO of public and private equity-funded energy companies.

Vast Appoints Max Haot as its New CEO and Alex Hudson as its First CTO

Retrieved on: 
Friday, August 11, 2023
Security, Technology, Aerospace, Transport, Manufacturing, Other Technology, Other Transport, University of Bristol, University, CLO, SN15, Life, Magnetic resonance, Flight 1, Multimedia, Avionics, Astronaut, SpaceX Starship orbital test flight, SpaceX Dragon 2, Spaceflight, Crew Dragon Demo-2, Physics, Growth, SpaceX, Safety, McCaleb, Management, Vast, Starship

Also announced today, Alex Hudson will join the company as its first Chief Technology Officer.

Key Points: 
  • Also announced today, Alex Hudson will join the company as its first Chief Technology Officer.
  • View the full release here: https://www.businesswire.com/news/home/20230811265246/en/
    Vast leadership: Jed McCaleb (Founder, Board Chair & Tech Fellow), Alex Hudson (CTO), Max Haot (CEO), Krystle Caponio (CLO).
  • I’m excited to appoint Max Haot as our new CEO to succeed me in this role and Alex Hudson as our first CTO,” said McCaleb.
  • “I look forward to this next exciting challenge – developing an artificial gravity space station with the team at Vast to enable long-term life in space,” said Hudson, CTO at Vast.

Vast, a world-leader in concentrated solar thermal power, announces partnership with CYD to model molten salt tank performance as VS1 project moves forward

Retrieved on: 
Thursday, August 10, 2023
Other Energy, Technology, Utilities, Other Technology, Alternative Energy, Energy, Avatar, Vast, Partnership, VS1, Australian Renewable Energy Agency, CYD, AUD, Patent, ARENA, Sin Contrato, CSP, Renewable energy

Utilising Vast’s proprietary, modular tower CSP v3.0 technology, VS1 is designed to generate clean, low-cost, dispatchable power with over 8 hours of thermal energy storage.

Key Points: 
  • Utilising Vast’s proprietary, modular tower CSP v3.0 technology, VS1 is designed to generate clean, low-cost, dispatchable power with over 8 hours of thermal energy storage.
  • This is a step forward for the CSP industry, with the potential to enhance the performance of molten salt storage tanks once operational.
  • The Avatar Model’s holistic approach to the design, manufacture, construction and operation of molten salt tanks will further strengthen VS1.
  • It provides an opportunity to implement learnings at an early-stage to ensure the optimal performance of thermal energy storage systems.”

United States Future of Grocery Analysis Report 2023: Focus on Online Grocery, Meal Kits, & Direct-to-Consumer Food - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 6, 2023
Supermarket, Retail, Online Retail, Food, Beverage, Online, Well, The Other Country (book), Vast, Living Costs and Food Survey, Expansion, Grocery store

The Vast Majority of Consumers Have Noticed the Rising Cost of Food, and Many Are Changing their Purchasing Decisions

Key Points: 
  • The Vast Majority of Consumers Have Noticed the Rising Cost of Food, and Many Are Changing their Purchasing Decisions
    Us Online Grocery Shopping Well Behind Other Countries, But there Are Opportunities For Expansion and Continued Household Adoption
    Dtc Companies Tackling Niche Health Food Markets With Meal Kits, Prepared Meals, and Online Grocery
    Private Label Products Are A Driver of in-Store Traffic, Online Sales, and Retailer Loyalty
    Imperfect Or "Ugly" Produce Has Become An Attractive Option For Consumers, But Food Waste Claims Are Being Re-Examined