DOA

Vertical Aerospace Announces Release of Shareholder Letter and Filing of Annual Report on Form 20-F

Retrieved on: 
Thursday, March 14, 2024

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, announces today that it has released its full year 2023 Annual Report, including its financial results, alongside its latest Shareholder Letter.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, announces today that it has released its full year 2023 Annual Report, including its financial results, alongside its latest Shareholder Letter.
  • Vertical’s Annual Report is accessible on the Company’s investor relations website and on the SEC’s website at www.sec.gov while the Shareholder Letter can be accessed here .
  • Commenting on the Annual Report, Stephen Fitzpatrick, founder and CEO of Vertical Aerospace commented:
    "I have never been more confident in Vertical, in our team and our technology.
  • Vertical will provide a hard copy of the Annual Report containing its audited consolidated financial statements, free of charge, to its shareholders upon request.

Evolito First in UK to Secure CAA Design Organisation Approval for Electric Propulsion Systems

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Tuesday, December 5, 2023

Evolito Limited , the pioneer of world-leading axial-flux electric motors, power electronics and battery solutions for aerospace applications, has received Design Organisation Approval (DOA) from the UK Civil Aviation Authority for electric propulsion system products.

Key Points: 
  • Evolito Limited , the pioneer of world-leading axial-flux electric motors, power electronics and battery solutions for aerospace applications, has received Design Organisation Approval (DOA) from the UK Civil Aviation Authority for electric propulsion system products.
  • Evolito is the first company in the UK to achieve this for electric propulsion systems.
  • Type Certification is necessary to prove an electric aircraft, its propulsion system or propeller are safe for commercial use.
  • A Design Organisation Approval (DOA) is the official recognition that an organisation complies with the requirements of designing aerospace products (aircraft, engine or propeller).

Materialise, Proponent, and Stirling Dynamics Sign Letter of Intent to Provide Certified 3D-Printed Cabin Solutions

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Tuesday, December 12, 2023

LEUVEN, Belgium, Dec. 12, 2023 /PRNewswire/ -- Materialise NV (NASDAQ:MTLS) , a global pioneer in 3D printing solutions and services, Proponent, the largest independent aerospace distributor, and Stirling Dynamics, an EASA 21.J-certified Aerospace Design Organization, have announced the signing of a letter of intent (LOI) aimed at providing certified cabin solutions for aircraft.

Key Points: 
  • Stirling Dynamics, an Expleo company, strengthens an existing partnership between Materialise and Proponent that was formed in 2021.
  • By combining their unique forces, the three companies can support the aerospace aftermarket with the design, production, and distribution of certified 3D-printed cabin solutions.
  • As an aerospace-approved Design Organization (DOA), Stirling Dynamics develops improved, certified designs for 3D-printed interior cabin parts and provides complete aircraft documentation and installation instructions.
  • Already, several cabin repair solutions have been successfully developed between Stirling Dynamics and Materialise, solving specific issues the customers face in their cabins.

Unveiling Edgeworx Cloud: Your Next-Gen Enterprise Edge Computing Platform

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Friday, November 3, 2023

BERKELEY, Calif., Nov. 3, 2023 /PRNewswire/ -- Edgeworx, an edge computing company and Google Cloud Partner, is pleased to release Edgeworx Cloud, an enterprise-focused edge native platform on the Google Cloud Marketplace.

Key Points: 
  • BERKELEY, Calif., Nov. 3, 2023 /PRNewswire/ -- Edgeworx, an edge computing company and Google Cloud Partner, is pleased to release Edgeworx Cloud, an enterprise-focused edge native platform on the Google Cloud Marketplace.
  • Co-founded by Kilton Hopkins, an edge computing and computer vision AI veteran, Edgeworx has set the bar for scalable edge architecture, with simplicity and security.
  • Edgeworx Cloud provides an enterprise-grade foundational edge platform without customer-managed Kubernetes clusters, complicated networking, or custom infrastructure.
  • Edgeworx Cloud streamlines operations and cuts costs, allowing businesses to focus on innovation and growth without being burdened with edge computing architecting and implementation.

Lilium releases Q2 2023 Shareholder Letter

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Tuesday, July 25, 2023

MUNICH, Germany, July 25, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its Q2 2023 Shareholder Letter.

Key Points: 
  • MUNICH, Germany, July 25, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its Q2 2023 Shareholder Letter.
  • The Shareholder Letter, which discusses Lilium’s progress towards important milestones in the development of its revolutionary Lilium Jet, can be accessed on the Lilium investor relations website .
  • Arranged upsized $192 million capital raise supported by leading German technology investors enabling Lilium to continue the development of its Lilium Jet at full pace.
  • Received FAA G-1 certification basis for the Lilium Jet, making Lilium the only eVTOL manufacturer with an EASA and FAA certification basis for a powered lift eVTOL aircraft.

Lilium completes final audit in major step towards achieving EASA Design Organization Approval

Retrieved on: 
Thursday, July 6, 2023

In particular DOA holders can a) have compliance documents accepted by EASA without further verification and b) perform activities independently from EASA.

Key Points: 
  • In particular DOA holders can a) have compliance documents accepted by EASA without further verification and b) perform activities independently from EASA.
  • In collaboration with EASA, Lilium is pursuing a DOA specifically tailored for eVTOL and electric propulsion certification.
  • Successfully completing the fourth and final DOA Audit pays tribute to the calibre of our team and the rigour of our design processes,” said Alastair McIntosh, Lilium Chief Technology Officer.
  • In parallel with the ongoing DOA process, Lilium continues to make substantial progress towards type certification of its Lilium Jet.

Vertical Aerospace Announces First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 3, 2023

Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the first quarter ended March 31, 2023.
  • The Company has also issued a shareholder letter in conjunction with the filing of our first quarter 2023 results, which is posted to its investor relations website at investor.vertical-aerospace.com .
  • “We have achieved so much in this first quarter.
  • Vertical reported a net operating loss of £23m for the three months ended March 31, 2023, compared to a net operating loss of £18m for the three months ended March 31, 2022.

Vertical Aerospace reaches significant certification milestones, including Design Organisation Approval (DOA)

Retrieved on: 
Thursday, March 30, 2023

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces further progress on its path to certification for the VX4, including securing the first ever Design Organisation Approval (DOA) issued to an eVTOL manufacturer by the UK Civil Aviation Authority.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces further progress on its path to certification for the VX4, including securing the first ever Design Organisation Approval (DOA) issued to an eVTOL manufacturer by the UK Civil Aviation Authority.
  • The DOA authorises Vertical to conduct design activities and issue design approvals within the DOA’s scope of approval.
  • As an approved Design Organisation, Vertical will have increasing authority and privileges as we progress through the design and certification programme of the VX4.
  • The granting of Design Organisation Approval to Vertical is an essential step on their journey bringing an eVTOL aircraft into service.

Infobip releases 30th Anniversary of the SMS Report

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Friday, December 2, 2022

Infobip , a global leader in omnichannel communications, today announced new data from its 2022 30th Anniversary of the SMS survey, which sheds light on how, where and when Americans are communicating with each other.

Key Points: 
  • Infobip , a global leader in omnichannel communications, today announced new data from its 2022 30th Anniversary of the SMS survey, which sheds light on how, where and when Americans are communicating with each other.
  • Making the vast majority of this messaging possible, Infobip is the biggest chat and text communications player in the world.
  • Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey.
  • Infobip commissioned a survey from Propeller Insights of 1,000 adults, gender-balanced and distributed across age groups from 18 to 65+ in the United States.

Global Point Of Care Diagnostics Market 2022: Developments Including AI Integration Drive Sector Forward - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 10, 2022

The "Global Point Of Care Diagnostics Market, By Product type, By End users, By Platform- Forecast and Analysis 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Point Of Care Diagnostics Market, By Product type, By End users, By Platform- Forecast and Analysis 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • The increase in the prevalence of chronic and infectious diseases in developing economies is one of the point of care diagnostics market growth factor.
  • Global Point of Care Diagnostics Market is segmented based on product type, end users, and platform.
  • Based on end users, global point of care diagnostics market is further segmented into clinics, hospitals, homecare, assisted living healthcare facilities, laboratory.