FAA

ARCHER ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Archer Aviation, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, November 9, 2023

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Archer Aviation, Inc. (“Archer” or the “Company”) (NYSE: ACHR) in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Archer securities between September 17, 2021 and August 15, 2023, both dates inclusive (the “Class Period”).

Key Points: 
  • NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Archer Aviation, Inc. (“Archer” or the “Company”) (NYSE: ACHR) in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Archer securities between September 17, 2021 and August 15, 2023, both dates inclusive (the “Class Period”).
  • Investors have until November 20, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Click here to participate in the action.
  • There is no cost or obligation to you.

Boom Supersonic Announces New Aircraft, Engine, and Investment Milestones

Retrieved on: 
Thursday, November 9, 2023

DENVER, Nov. 9, 2023 /PRNewswire/ -- Boom Supersonic, the company building the world's fastest airliner, announced today multiple milestones across the Overture airliner, Symphony engine, and XB-1 supersonic demonstrator programs. The company also confirmed closing of an investment round, including a strategic investment from the NEOM Investment Fund (NIF). Boom's total funding to date now exceeds $700 million.

Key Points: 
  • The company also confirmed closing of an investment round, including a strategic investment from the NEOM Investment Fund (NIF).
  • "Our goal is to bring the world closer together through faster flights," said Blake Scholl, founder and CEO of Boom Supersonic.
  • Announced on October 24, the NEOM Investment Fund is the strategic investment arm of NEOM, the sustainable regional development in northwest Saudi Arabia.
  • The NIF investment now takes Boom's total funding from investment and other capital sources to more than $700 million.

Boom Supersonic Announces New Aircraft, Engine, and Investment Milestones

Retrieved on: 
Thursday, November 9, 2023

DENVER, Nov. 9, 2023 /PRNewswire/ -- Boom Supersonic, the company building the world's fastest airliner, announced today multiple milestones across the Overture airliner, Symphony engine, and XB-1 supersonic demonstrator programs. The company also confirmed closing of an investment round, including a strategic investment from the NEOM Investment Fund (NIF). Boom's total funding to date now exceeds $700 million.

Key Points: 
  • The company also confirmed closing of an investment round, including a strategic investment from the NEOM Investment Fund (NIF).
  • "Our goal is to bring the world closer together through faster flights," said Blake Scholl, founder and CEO of Boom Supersonic.
  • Announced on October 24, the NEOM Investment Fund is the strategic investment arm of NEOM, the sustainable regional development in northwest Saudi Arabia.
  • The NIF investment now takes Boom's total funding from investment and other capital sources to more than $700 million.

Rocket Lab Sets Next Electron Launch Window, Provides Update on Anomaly Review

Retrieved on: 
Wednesday, November 8, 2023

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has set a return to launch window for its Electron launch vehicle.

Key Points: 
  • Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has set a return to launch window for its Electron launch vehicle.
  • The resumption of Electron launches comes as Rocket Lab approaches the conclusion of an extensive review into the cause of the anomaly that resulted in the loss of its 41st Electron mission launched on September 19th, 2023.
  • Rocket Lab has also already received authorization from the Federal Aviation Administration (FAA) to resume Electron launches from Launch Complex 1.
  • Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia.

Rocket Lab Announces Third Quarter 2023 Financial Results, Issues Guidance For Fourth Quarter 2023 and Revenue Guidance for First Quarter 2024

Retrieved on: 
Wednesday, November 8, 2023

Electron’s return to flight is scheduled during a launch window that opens from November 28, 2023, and extends into December.

Key Points: 
  • Electron’s return to flight is scheduled during a launch window that opens from November 28, 2023, and extends into December.
  • The missions were back-to-back recovery launches as part of Rocket Lab’s program to make Electron the world’s first reusable small orbital rocket.
  • For the Fourth quarter of 2023, Rocket Lab expects:
    Revenue between $65 million and $69 million.
  • ET) today to discuss these business highlights and financial results for our third quarter, to provide our outlook for the fourth quarter, and other updates.

In-Space Manufacturing Leader Space Forge Appoints New Director of Strategy and Innovation

Retrieved on: 
Wednesday, November 8, 2023

WASHINGTON, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Space Forge, the UK-based leader for in-space manufacturing, announced today a significant addition to its U.S. leadership team with the appointment of Michelle Flemming as Director of Strategy and Innovation.

Key Points: 
  • WASHINGTON, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Space Forge, the UK-based leader for in-space manufacturing, announced today a significant addition to its U.S. leadership team with the appointment of Michelle Flemming as Director of Strategy and Innovation.
  • The company has been rapidly expanding its global footprint and in June announced industry leader Andrew Parlock as Director of U.S. Operations.
  • Having participated in over 250 parabolic flight missions, her hands-on understanding of microgravity environments provides Space Forge with a unique advantage for its in-space manufacturing initiatives.
  • For more information about Space Forge and its mission, please visit Space Forge's official website.

ARCHER AVIATION, INC. (NYSE: ACHR) DEADLINE ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Archer Aviation, Inc.

Retrieved on: 
Tuesday, November 7, 2023

If you purchased or acquired Archer Aviation securities, and/or would like to discuss your legal rights and options please visit Archer Aviation, Inc.

Key Points: 
  • If you purchased or acquired Archer Aviation securities, and/or would like to discuss your legal rights and options please visit Archer Aviation, Inc.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • If you purchased or acquired Archer securities, and/or would like to discuss your legal rights and options please visit Archer Aviation, Inc.
  • The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.

Flight Path Museum LAX welcomes Ravi Singh and Jerry Jen to the board of directors

Retrieved on: 
Tuesday, November 7, 2023

LOS ANGELES, Nov. 7, 2023 /PRNewswire-PRWeb/ -- Two talented business professionals were elected to the board of directors of the Flight Path Museum LAX during the board's recent meeting. Ravi Singh and Jerry Jen both began their service immediately, according to Jean-Christophe Dick, Flight Path Museum president.

Key Points: 
  • Flight Path Museum LAX appoints Ravi Singh and Jerry Jen to board of directors.
  • LOS ANGELES, Nov. 7, 2023 /PRNewswire-PRWeb/ -- Two talented business professionals were elected to the board of directors of the Flight Path Museum LAX during the board's recent meeting.
  • Ravi Singh and Jerry Jen both began their service immediately, according to Jean-Christophe Dick, Flight Path Museum president.
  • The museum is operated by nonprofit Flight Path in cooperation with Los Angeles World Airports, the agency which operates LAX.

ARCHER ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Archer Aviation, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, November 4, 2023

NEW YORK, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Archer Aviation, Inc. (“Archer” or the “Company”) (NYSE: ACHR) in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Archer securities between September 17, 2021 and August 15, 2023, both dates inclusive (the “Class Period”).

Key Points: 
  • NEW YORK, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Archer Aviation, Inc. (“Archer” or the “Company”) (NYSE: ACHR) in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Archer securities between September 17, 2021 and August 15, 2023, both dates inclusive (the “Class Period”).
  • Investors have until November 20, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Click here to participate in the action.
  • There is no cost or obligation to you.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Archer Aviation, Inc. (ACHR)

Retrieved on: 
Tuesday, October 31, 2023

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

Key Points: 
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • The report also claimed that Archer misrepresented the timelines for its manufacturing facility becoming operational and for securing FAA certification of its aircraft.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles