Beta Technologies

Hunch Mobility, a Leading Provider of Urban Air Mobility in the Indian Subcontinent, Enters Into Business Combination Agreement With Direct Selling Acquisition Corp.

Retrieved on: 
Thursday, January 18, 2024

FlyBlade (India) Private Limited (“Hunch Mobility” or the “Company”), a leading provider of urban air mobility in the Indian subcontinent, has entered into a definitive business combination agreement with Direct Selling Acquisition Corp. (“DSAQ”) (NYSE: DSAQ), a special purpose acquisition company, and certain other parties thereto.

Key Points: 
  • FlyBlade (India) Private Limited (“Hunch Mobility” or the “Company”), a leading provider of urban air mobility in the Indian subcontinent, has entered into a definitive business combination agreement with Direct Selling Acquisition Corp. (“DSAQ”) (NYSE: DSAQ), a special purpose acquisition company, and certain other parties thereto.
  • The firm’s captive strategic infrastructure and sophisticated technology platform are designed to be customized and deployed for Indian operations.
  • This press release relates to the proposed business combination involving DSAQ, Hunch Mobility, PubCo, Aeroflow Urban Air Mobility Private Limited (“IndiaCo”) and HTL Merger Sub LLC (“Merger Sub”).
  • The proposed business combination will be implemented solely pursuant to the Business Combination Agreement, which contains the full terms and conditions of the proposed business combination.

Atlantic Aviation and Archer Aviation Align to Pursue Development of Electric Aircraft Infrastructure Across LA, Northern California, South Florida, and NYC Regions

Retrieved on: 
Wednesday, January 17, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240117077925/en/
    Representative Atlantic FBOs including development intended to serve future eVTOL operations via agreement with Archer.
  • Pictured above: LA (Graphic: Business Wire)
    Archer and Atlantic Aviation plan to electrify several of Atlantic Aviation’s existing aviation assets to support future electric aircraft operations, including Archer’s Midnight air taxi, at Atlantic Aviation locations across four key launch markets.
  • Together, Archer and Atlantic Aviation will be leaders in defining the infrastructure experience for the electric aircraft industry, offering premium experiences for customers.
  • Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time in between flights.

Vertical Flight Society to Hold World's Largest and Longest Running Electric VTOL Symposium Next Month

Retrieved on: 
Tuesday, January 16, 2024

FAIRFAX, Va., Jan. 16, 2024 /PRNewswire-PRWeb/ -- The Vertical Flight Society (VFS), the world's leading non-profit organization working to advance vertical flight technology, announces today that its annual conference on electric vertical takeoff and landing (eVTOL) aircraft will be the world's largest event ever on the emerging industry.

Key Points: 
  • The packed agenda has nearly 150 total speakers in 3 tracks, plus 37 exhibitors, including two eVTOL aircraft on display.
  • This 11th Annual Electric VTOL Symposium — being held Feb. 6–8 in Santa Clara, California, as part of the VFS Transformative Vertical Flight 2024 — is the world's largest and longest-running event focusing on the incredible promise, progress and challenges of eVTOL aircraft.
  • This is the world's only event focused on advancing the understanding of aeromechanics of helicopters and other vertical flight aircraft.
  • VFS has been the world's largest technical community of engineers, technologists and specialists developing vertical flight aircraft for more than 80 years.

Prince Harry, The Duke of Sussex to be Inducted into the Living Legends of Aviation Alongside Other Remarkable Aviators Fred George, Marc Parent, and Steve Hinton

Retrieved on: 
Wednesday, January 10, 2024

BEVERLY HILLS, Calif., Jan. 10, 2024 /PRNewswire/ -- The 21st Annual Living Legends of Aviation Awards, to be held on Friday, Jan. 19, 2024, will honor those who have made significant contributions to aviation/aerospace. John Travolta, the "Official Ambassador of Aviation," will host, and the "Living Legends of Aviation" are excited to welcome four new remarkable inductees to their ranks:

Key Points: 
  • Steve Hinton- an American aviator who held a world speed record from 1979 to 1989.
  • He has flown as a pilot for film since 1977, working on 100 motion pictures and TV productions.
  • For more information please visit: http://tinyurl.com/legends-of-aviation
    Lauren Sánchez will receive the "Elling Halvorson Vertical Flight Hall of Fame Award."
  • The "Living Legends of Aviation Awards" are produced by the Kiddie Hawk Air Academy , a 501-c-3 non-profit organization.

Living Legends of Aviation to honor Lauren Sánchez with Highest Award for Vertical Flight

Retrieved on: 
Tuesday, December 12, 2023

BEVERLY HILLS, Calif., Dec. 12, 2023 /PRNewswire/ -- The Living Legends of Aviation will honor fixed wing and helicopter pilot Lauren Sánchez in Beverly Hills on January 19, 2024. The award, which is the Living Legends most distinguished honor for vertical flight, will highlight Lauren's accomplishments as a skilled helicopter pilot and aviation businesswoman.

Key Points: 
  • BEVERLY HILLS, Calif., Dec. 12, 2023 /PRNewswire/ -- The Living Legends of Aviation will honor fixed wing and helicopter pilot Lauren Sánchez in Beverly Hills on January 19, 2024.
  • The award, which is the Living Legends most distinguished honor for vertical flight, will highlight Lauren's accomplishments as a skilled helicopter pilot and aviation businesswoman.
  • The Living Legends of Aviation Awards are Hollywood's biggest night in aviation.
  • New inductees into the Living Legends of Aviation will include Marc Parent, Steve Hinton, and aviation writer Fred George.

Archer Aviation and BETA Technologies Collaborate to Accelerate the Adoption of an Interoperable Charging System Across the Electric Aviation Industry

Retrieved on: 
Tuesday, November 7, 2023

Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and BETA Technologies, an electric aerospace company developing electric aircraft and charging systems, have announced an industry-first agreement to accelerate the roll out of an interoperable fast-charging system across the electric aircraft industry.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and BETA Technologies, an electric aerospace company developing electric aircraft and charging systems, have announced an industry-first agreement to accelerate the roll out of an interoperable fast-charging system across the electric aircraft industry.
  • BETA’s charging system utilizes the Combined Charging Standard (CCS) – a multimodal, interoperable standard employed by the top OEMs.
  • “Fast charging is critical to ensure rapid turnaround times between flights,” commented Adam Goldstein, Archer’s founder and CEO.
  • “Enabling electric aircraft and electric ground vehicles from different manufacturers to share charging infrastructure will help reduce the costs of electrifying existing infrastructure.

Atlanta Mayor Andre Dickens Joins UPS CEO Carol B. Tomé at the 2023 UPS Impact Summit

Retrieved on: 
Tuesday, October 17, 2023

Today, UPS (NYSE:UPS) is hosting the second UPS Impact Summit, aligning with the company’s customer-first, people-led and innovation-driven business strategy.

Key Points: 
  • Today, UPS (NYSE:UPS) is hosting the second UPS Impact Summit, aligning with the company’s customer-first, people-led and innovation-driven business strategy.
  • UPS CEO Carol B. Tomé will deliver the Summit’s welcome alongside Atlanta Mayor Andre Dickens and other influential leaders from UPS, Walker & Company Brands and Beta Technologies.
  • “Operationalizing our purpose – moving our world forward by delivering what matters – is a constant for us every day, in every UPS community,” said Carol.
  • This year, in conjunction with the Impact Summit, UPS is also spotlighting its long-standing commitment to small businesses through programs such as UPS Ignite .

Garmin integrated flight deck selected by BETA Technologies for its all-electric aircraft

Retrieved on: 
Tuesday, October 3, 2023

OLATHE, Kan., Oct. 3, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced a long-term agreement to provide the state-of-the-art Garmin G3000® integrated flight deck to BETA Technologies for its CX300 revolutionary electric fixed-wing aircraft and A250 electric vertical takeoff and landing (eVTOL) aircraft.

Key Points: 
  • OLATHE, Kan., Oct. 3, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced a long-term agreement to provide the state-of-the-art Garmin G3000® integrated flight deck to BETA Technologies for its CX300 revolutionary electric fixed-wing aircraft and A250 electric vertical takeoff and landing (eVTOL) aircraft.
  • BETA intends to enter into service as early as 2025 with its ALIA CTOL (CX300), and as early as 2026 with its ALIA VTOL (A250).
  • "We've been strategically working with BETA for several years in their effort towards bringing a sustainable aviation solution to the market.
  • It's an honor to have our integrated flight deck chosen for the revolutionary A250 and CX300 aircraft and we are thrilled to be part of BETA's mission to grow the electric aviation market."

17th Annual Electric Aircraft Symposium to Highlight AAM Progress

Retrieved on: 
Wednesday, June 14, 2023

FAIRFAX, Va., June 14, 2023 /PRNewswire-PRWeb/ -- More than 40 of the world's leading electric aircraft developers and technology experts will be speaking at the 17th Annual Electric Aircraft Symposium (EAS), hosted by the Vertical Flight Society (VFS). The event will once again be held online and in person in Oshkosh, Wisconsin, on July 22–23, 2023 — the weekend prior to the Experimental Aircraft Association (EAA) AirVenture 2023.

Key Points: 
  • FAIRFAX, Va., June 14, 2023 /PRNewswire-PRWeb/ -- More than 40 of the world's leading electric aircraft developers and technology experts will be speaking at the 17th Annual Electric Aircraft Symposium (EAS), hosted by the Vertical Flight Society (VFS).
  • It's organized by industry and government leaders of advanced air mobility (AAM) to provide updates to the community and the public.
  • A special feature this year is a panel organized to support the US government's AAM Interagency Working Group.
  • Each moderated panel session will include a Q&A discussion with presenters and attendees — a hallmark of the annual Electric Aircraft Symposium.

Big Picture Learning Receives $1.5 Million Grant from American Student Assistance to Scale Direct Access to Internship Opportunities for Teens

Retrieved on: 
Tuesday, May 9, 2023

With the funding, over a three-year period, BPL will increase access to its B-Unbound and ImBlaze digital internship management programs, based on its Learning Through Interests and Internships (LTI) model.

Key Points: 
  • With the funding, over a three-year period, BPL will increase access to its B-Unbound and ImBlaze digital internship management programs, based on its Learning Through Interests and Internships (LTI) model.
  • "We have piloted B-Unbound in California and are poised to scale the program nationally," said Elliot Washor, Co-Founder, Big Picture Learning.
  • "Through our partnership with BPL, we are excited about the opportunity to scale direct access to work-based learning experiences for young people.
  • Our shared goal is to make learning through interests and internships a core component of every young person's learning experiences."