Aerotec

Tuscan Holdings Corp. II and Surf Air Mobility Announce Filing of Registration Statement on Form S-4 in Connection With Proposed Business Combination

Retrieved on: 
Monday, October 24, 2022

The Registration Statement contains a preliminary proxy statement/prospectus to be used in connection with the proposed transactions.

Key Points: 
  • The Registration Statement contains a preliminary proxy statement/prospectus to be used in connection with the proposed transactions.
  • Tuscan Holdings Corp. II (THCA) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more differentiated businesses.
  • Surf Air Mobility (SAM) is a Los Angeles-based electric aviation and air travel company reinventing flying through the power of electrification.
  • In connection with the proposed business combination, SAM has filed the Registration Statement with the SEC, which includes a preliminary prospectus and preliminary proxy statement.

16th Annual Electric Aircraft Symposium Returns to Oshkosh

Retrieved on: 
Friday, June 24, 2022

FAIRFAX, Va., June 24, 2022 /PRNewswire-PRWeb/ -- More than 40 of the world's leading electric aircraft developers and technology experts will be speaking at the 16th Annual Electric Aircraft Symposium (EAS), hosted by the Vertical Flight Society (VFS). The event will once again be held in person and online in Oshkosh, Wisconsin, on July 23-24, 2022 — the weekend prior to the Experimental Aircraft Association (EAA) AirVenture 2022.

Key Points: 
  • The Vertical Flight Society is hosting the 16th Annual Electric Aircraft Symposium (EAS) as a hybrid event in Oshkosh, Wisconsin, and online on July 23-24, 2022.
  • FAIRFAX, Va., June 24, 2022 /PRNewswire-PRWeb/ -- More than 40 of the world's leading electric aircraft developers and technology experts will be speaking at the 16th Annual Electric Aircraft Symposium (EAS), hosted by the Vertical Flight Society (VFS).
  • Each moderated panel session will include a Q&A discussion with presenters and attendees a hallmark of the annual Electric Aircraft Symposium.
  • Many of the companies now on the forefront of the electric aviation revolution made their public debut at the Electric Aircraft Symposium or the VFS Electric VTOL Symposium, which has been held annually since 2014.

magniX Names Nuno Taborda as CEO

Retrieved on: 
Monday, May 23, 2022

GENEVA, May 23, 2022 /PRNewswire/ -- magniX today named Nuno Taborda as Chief Executive Officer. Taborda is an accomplished aerospace executive with two decades of experience driving business performance and delivering pioneering technology programs from proof-of-concept, through certification, entry-into-service and scaled production.

Key Points: 
  • GENEVA, May 23, 2022 /PRNewswire/ -- magniX today named Nuno Taborda as Chief Executive Officer.
  • "Nuno is a leader with deep experience in all aspects of the aviation industry," said Dominique Spragg, Chairman of magniX.
  • "His entrepreneurial mindset is highly valuable as magniX continues to pioneer electric solutions for the future of flight.
  • "I am extremely proud and excited to have the opportunity to lead the incredibly talented magniX team," said Nuno Taborda.

magniX Names Nuno Taborda as CEO

Retrieved on: 
Monday, May 23, 2022

GENEVA, May 23, 2022 /PRNewswire/ -- magniX today named Nuno Taborda as Chief Executive Officer. Taborda is an accomplished aerospace executive with two decades of experience driving business performance and delivering pioneering technology programs from proof-of-concept, through certification, entry-into-service and scaled production.

Key Points: 
  • GENEVA, May 23, 2022 /PRNewswire/ -- magniX today named Nuno Taborda as Chief Executive Officer.
  • "Nuno is a leader with deep experience in all aspects of the aviation industry," said Dominique Spragg, Chairman of magniX.
  • "His entrepreneurial mindset is highly valuable as magniX continues to pioneer electric solutions for the future of flight.
  • "I am extremely proud and excited to have the opportunity to lead the incredibly talented magniX team," said Nuno Taborda.

Surf Air Mobility Signs Definitive Agreement to Merge With Southern Airways Corporation

Retrieved on: 
Wednesday, May 18, 2022

Southern Airways serves 39 cities across the Mid-Atlantic, Gulf South, Rocky Mountains, West Coast, New England, Hawaii, and soon the Far Pacific.

Key Points: 
  • Southern Airways serves 39 cities across the Mid-Atlantic, Gulf South, Rocky Mountains, West Coast, New England, Hawaii, and soon the Far Pacific.
  • The addition of Southern Airways will allow us to more rapidly bring green flying solutions to real flyers, said Carl Albert, Chairman of Surf Air Mobility.
  • Surf Air Mobility is a Los Angeles-based electric aviation and air travel company reinventing flying through the power of electrification.
  • Surf Air Mobility is the parent company of Surf Air Inc, and has entered into a definitive agreement to merge with Southern Airways Corporation.

Surf Air Mobility to Go Public Through $1.42 Billion Merger With Tuscan Holdings Corp. II, Accelerating the Rollout of Industry Leading Hybrid Electric Aircraft

Retrieved on: 
Wednesday, May 18, 2022

Surf Air Mobility is positioned to bring benefits to consumers quickly while creating opportunities for the entire aviation industry.

Key Points: 
  • Surf Air Mobility is positioned to bring benefits to consumers quickly while creating opportunities for the entire aviation industry.
  • Surf Air Mobility (SAM) is a Los Angeles-based electric aviation and air travel company reinventing flying through the power of electrification.
  • Surf Air Mobility is the parent company of Surf Air Inc. For more information, visit: https://surfair.com .
  • This press release contains financial forecasts for Surf Air Mobility with respect to certain financial results for Surf Air Mobilitys fiscal years 2021 through 2024.

Surf Air Mobility Enters Into Exclusive Agreements With AeroTEC and MagniX to Accelerate Development of Electrified Commercial Aircraft

Retrieved on: 
Wednesday, May 18, 2022

These hybrid and fully-electric aircraft will be designed to reduce operating costs and emissions and greatly improve the affordability of regional air mobility.

Key Points: 
  • These hybrid and fully-electric aircraft will be designed to reduce operating costs and emissions and greatly improve the affordability of regional air mobility.
  • magniX and AeroTEC have successfully flown a fully-electric Cessna Grand Caravan 208B, demonstrating the technology and proving the feasibility of the future of electrified air travel.
  • AeroTEC and magniX are perfect partners for SAM to accelerate electrification of Cessna Grand Caravans and to lead the new era of green flying, said Sudhin Shahani, Co-founder and CEO of Surf Air Mobility.
  • Surf Air Mobility (SAM) is a Los Angeles-based electric aviation and air travel company reinventing flying through the power of electrification.

Universal Hydrogen, magniX, Plug Power, and AeroTEC Announce Hydrogen Aviation Center at Moses Lake, Washington

Retrieved on: 
Wednesday, August 4, 2021

Universal Hydrogen , magniX , Plug Power (NASDAQ: PLUG), and AeroTEC today announced the creation of a Hydrogen Aviation Test and Service Center at Grant County International Airport in Moses Lake, Washington.

Key Points: 
  • Universal Hydrogen , magniX , Plug Power (NASDAQ: PLUG), and AeroTEC today announced the creation of a Hydrogen Aviation Test and Service Center at Grant County International Airport in Moses Lake, Washington.
  • The hydrogen powertrain comprises electric propulsion units (EPUs) from Everett-based magniX and fuel cells from Plug Power, which has a significant operational footprint in Spokane, Washington.
  • The Universal Hydrogen, magniX, Plug Power, and AeroTEC teams have demonstrated a clear and credible path to zero-carbon aviation in the near term.
  • Moses Lake and Washington State are the perfect location for us to base this center, said Paul Eremenko, Universal Hydrogen co-founder and CEO.

magniX and AeroTEC Announce Successful First Flight of the World's Largest All-Electric Aircraft

Retrieved on: 
Thursday, May 28, 2020

The successful flight of the eCaravan, magnified by a 750-horsepower (560 kW) magni500 propulsion system, took place at the AeroTEC Flight Test Center at the Grant County International Airport (KMWH) in Moses Lake, Washington this morning.

Key Points: 
  • The successful flight of the eCaravan, magnified by a 750-horsepower (560 kW) magni500 propulsion system, took place at the AeroTEC Flight Test Center at the Grant County International Airport (KMWH) in Moses Lake, Washington this morning.
  • As the world's largest all-electric commercial aircraft, this is a significant milestone in disrupting the transportation industry and accelerating the electric aviation revolution.
  • "I'm proud of the pioneering work performed by our engineers, technicians and flight test team," said Lee Human, President and CEO of AeroTEC.
  • To view images, recording of the virtual press conference and videos of the first flight of the world's largest all-electric aircraft, please visit: https://magnix.aero/ecaravan/ .

magniX and AeroTEC Announce Successful First Flight of the World's Largest All-Electric Aircraft

Retrieved on: 
Thursday, May 28, 2020

The successful flight of the eCaravan, magnified by a 750-horsepower (560 kW) magni500 propulsion system, took place at the AeroTEC Flight Test Center at the Grant County International Airport (KMWH) in Moses Lake, Washington this morning.

Key Points: 
  • The successful flight of the eCaravan, magnified by a 750-horsepower (560 kW) magni500 propulsion system, took place at the AeroTEC Flight Test Center at the Grant County International Airport (KMWH) in Moses Lake, Washington this morning.
  • As the world's largest all-electric commercial aircraft, this is a significant milestone in disrupting the transportation industry and accelerating the electric aviation revolution.
  • "I'm proud of the pioneering work performed by our engineers, technicians and flight test team," said Lee Human, President and CEO of AeroTEC.
  • To view images, recording of the virtual press conference and videos of the first flight of the world's largest all-electric aircraft, please visit: https://magnix.aero/ecaravan/ .