Urban air mobility

Urban Air Adventure Park Signs Highest Number of New Leases in Two Years

Retrieved on: 
Tuesday, September 6, 2022

DALLAS, Sept. 6, 2022 /PRNewswire/ -- Urban Air Adventure Park, the largest indoor adventure park operator in the world and part of the youth enrichment growth-focused platform Unleashed Brands, celebrated its largest lease signing month in the past two years with eight leases signed for new parks during the month of August. This year, the brand has already signed 33 new leases across the country with an additional pipeline of 35 new locations in various stages of lease negotiations to expand Urban Air's footprint into more communities.

Key Points: 
  • The team looks for buildings that are 40,000 50,000 square feet with 18-foot clear heights, which is ideal for Urban Air build outs.
  • Urban Air is the largest indoor adventure park operator in the world with over 20 different attractions such as intense ropes courses, Urban Air's Sky Rider, Battle Beams, laser tag, dodgeball courts, electric Go-Karting, obstacle courses and more.
  • Urban Air Adventure Park is the Nation's #1 destination for family fun, featuring a variety of attractions perfect for all ages.
  • Unleashed Brands, currently includes portfolio brands Urban Air, Snapology , The Little Gym , XP League , Class 101 and Premier Martial Arts .

MORAI to Showcase True-to-life Simulation Platform for Next-Generation Aircrafts at Commercial UAV Expo 2022

Retrieved on: 
Tuesday, September 6, 2022

MORAI, a leading developer of full-stack autonomous vehicle simulation technology in Korea, announced today that it launches a new simulation platform for aircrafts, MORAI SIM Air at Commercial UAV Expo 2022, held in Las Vegas from September 6 to September 8, 2022.

Key Points: 
  • MORAI, a leading developer of full-stack autonomous vehicle simulation technology in Korea, announced today that it launches a new simulation platform for aircrafts, MORAI SIM Air at Commercial UAV Expo 2022, held in Las Vegas from September 6 to September 8, 2022.
  • To handle such challenges, MORAI offers simulation tools and solutions for aircrafts.
  • MORAI SIM Air virtualizes real-world aviation facilities, enabling scenario testing by applying UTM and Air Traffic Management (ATM) in a simulation space.
  • We are delighted to showcase MORAIs latest innovation on simulation technology at the Commercial UAV Expo, the worlds leading commercial UAV trade show.

Eve To Host Panel At Deutsche Bank Technology Conference Panel On Urban Air Mobility

Retrieved on: 
Wednesday, August 31, 2022

MELBOURNE, Fla., Aug. 31, 2022 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) will be participating in an in-person technology conference hosted by Deutsche Bank in Las Vegas, Nev., beginning Wednesday 31 August 2022.

Key Points: 
  • MELBOURNE, Fla., Aug. 31, 2022 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) will be participating in an in-person technology conference hosted by Deutsche Bank in Las Vegas, Nev., beginning Wednesday 31 August 2022.
  • Deutsche Bank will webcast the panel for those unable to attend.
  • "Deutsche Bank's technology conference creates a great opportunity for Eve to speak on urban air mobility (UAM), a topic Eve remains dedicated to improving as we wrap up preparations for our first UAM North American simulation in Chicago," said Co-CEO of Eve Mobility Gerard DeMuro.
  • Eve is dedicated to accelerating the Urban Air Mobility ecosystem.

Urban Air Adventure Park to Further Expand Footprint in Pennsylvania through 4-Unit Deal with Multi-Unit Franchisee

Retrieved on: 
Tuesday, August 30, 2022

With nine parks already open in the state, the new expansion initiative secures the brand's footprint in the Pennsylvania market.

Key Points: 
  • With nine parks already open in the state, the new expansion initiative secures the brand's footprint in the Pennsylvania market.
  • Dalsania and business partner, Ashish Javia currently own and lead operations at the brand-new Urban Air in Lancaster, PA which opened in July.
  • Urban Air Adventure Park is the Nation's #1 destination for family fun, featuring a variety of attractions perfect for all ages.
  • Unleashed Brands, currently includes portfolio brands Urban Air, Snapology , The Little Gym , XP League , Class 101 and Premier Martial Arts .

New Head of Government Relations Will Accelerate Archer’s Path to Commercialization

Retrieved on: 
Wednesday, August 24, 2022

Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced the appointment of Dr. Michael Romanowski as Head of Government Relations.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced the appointment of Dr. Michael Romanowski as Head of Government Relations.
  • Archers dedication to safety and focus on collaboration with industry and federal agencies alike is a clear signal of their commitment to making eVTOL travel a reality.
  • Im thrilled to welcome Michael to our team, and to help strengthen our path to commercialization.
  • Archers mission is to unlock the skies, freeing everyone to reimagine how they move and spend time.

Eve Announces First North American Urban Air Mobility Simulation in Chicago

Retrieved on: 
Tuesday, August 23, 2022

Eve will conduct its Chicago, Ill., UAM simulation over three weeks, starting with ground tests on September 12th and passenger flights on the 14th.

Key Points: 
  • Eve will conduct its Chicago, Ill., UAM simulation over three weeks, starting with ground tests on September 12th and passenger flights on the 14th.
  • Eve will perform the ground tests at Vertiport Chicago, an existing downtown heliport facility, simulating services, infrastructure, and equipment requirements for the eVTOL.
  • Eve is dedicated to accelerating the Urban Air Mobility ecosystem.
  • However, while Eve may elect to update these forward-looking statements at some point in the future, Eve specifically disclaims any obligation to do so.

Urban Air Mobility Challenge Confirms Candidates For $50,000 Prize

Retrieved on: 
Tuesday, August 9, 2022

"Thanks to the VLC, the Urban Air Mobility Challenge delivered breakthrough innovations that will help our nation rethink what is possible in logistically complex civilian and contested airspaces."

Key Points: 
  • "Thanks to the VLC, the Urban Air Mobility Challenge delivered breakthrough innovations that will help our nation rethink what is possible in logistically complex civilian and contested airspaces."
  • Finalists offered solutions primarily featuring autonomous and collaborative technologies, data and systems situational management, electric vertical take-off and landing, innovative air mobility capabilities, and power generation and storage.
  • They not only stand to earn funding this fall; they also receive membership to the Vertical Lift Consortium, which supports the Department of Defense's future vertical lift strategy.
  • "Through the Urban Air Mobility Challenge, we hope to shed light on new and non-traditional companies that can fundamentally change how the Department of Defense approaches developing future vertical lift employment strategies," said Nick Lappos Chair of the Vertical Lift Consortium.

EHang to Report Second Quarter 2022 Unaudited Financial Results on Thursday, August 18, 2022

Retrieved on: 
Monday, August 8, 2022

GUANGZHOU, China, Aug. 08, 2022 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (EHang or the Company), the worlds leading autonomous aerial vehicle (AAV) technology platform company, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2022 on Thursday, August 18, 2022, before the U.S. market opens.

Key Points: 
  • GUANGZHOU, China, Aug. 08, 2022 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (EHang or the Company), the worlds leading autonomous aerial vehicle (AAV) technology platform company, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2022 on Thursday, August 18, 2022, before the U.S. market opens.
  • EHangs management team will host an earnings conference call at 8:00 AM on Thursday, August 18, 2022, U.S. Eastern Time (8:00 PM on Thursday, August 18, 2022, Beijing/Hong Kong Time).
  • To join the conference call via telephone, participants must use the following link to complete an online registration process.
  • These statements involve risks and uncertainties that may cause EHangs actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

Eve Holding, Inc. Reports Second Quarter 2022 Results

Retrieved on: 
Thursday, August 4, 2022

MELBOURNE, Aug. 4, 2022 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its second quarter 2022 earnings results.

Key Points: 
  • MELBOURNE, Aug. 4, 2022 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its second quarter 2022 earnings results.
  • In the 1H22, Eve reported a net loss of $21.3 million, $16.7 million higher than the $4.6 million net loss in the 1H21.
  • At the end of 2Q22, Eve had $330.8 million in total liquidity (cash, equivalents and financial investments) versus $14.4 million at the beginning of the quarter.
  • If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements.

ARCHER SELECTS HONEYWELL FOR SUPPLY OF ACTUATORS AND CLIMATE SYSTEM TECHNOLOGY FOR ITS PRODUCTION AIRCRAFT, ADDING TO ITS GROWING SUPPLY BASE OF AEROSPACE INDUSTRY LEADERS

Retrieved on: 
Wednesday, July 27, 2022

SANTA CLARA, Calif. and PHOENIX, July 27, 2022 /PRNewswire/ -- Archer Aviation Inc. ("Archer") (NYSE: ACHR) has entered into an agreement with Honeywell (NASDAQ: HON) covering the supply of flight control actuation and thermal management technologies. Honeywell's actuation technology is a key enabler of Archer's 12 tilt 6 configuration, and Honeywell's thermal management technology will help Archer provide a best-in-class in-cabin experience for its passengers.

Key Points: 
  • Honeywell's actuation technology is a key enabler of Archer's 12 tilt 6 configuration, and Honeywell's thermal management technology will help Archer provide a best-in-class in-cabin experience for its passengers.
  • Archer's production aircraft will operate in dense urban environments, making critical precision from the aircraft's flight controls and actuators a must.
  • Honeywell's actuators can accept hundreds of micro adjustments and commands per second from fly-by-wire computers, enabling precise navigation.
  • Honeywell ( www.honeywell.com ) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally.