BlackFly aircraft makes momentous debut at EAA AirVenture 2021
OSHKOSH, Wis., July 28, 2021 (GLOBE NEWSWIRE) -- EAA AirVenture -- OPENER, a pioneer of electric aerial vehicles for consumer travel, made history by the first public human-operated eVTOL fixed-wing aircraft demonstration on July 27 at Experimental Aircraft Association AirVenture (EAA) 2021 in Oshkosh, Wisconsin.
“After tens of thousands of miles tested, we are thrilled to have showcased BlackFly and its potential,” said Marcus Leng, founder and CEO of Opener. “This is an exciting time to be at the forefront of personal aerial technology, and we are honored to hold a place in history for the first public demonstration of a human-operated eVTOL fixed-wing aircraft.”
About EAA: EAA embodies The Spirit of Aviation through the world’s most engaged community of aviation enthusiasts. EAA’s 240,000 members and 900 local chapters enjoy the fun and camaraderie of sharing their passion for flying, building, and restoring recreational aircraft. For more information on EAA AirVenture https://www.eaa.org/airventure.
About OPENER: On October 5, 2011, history quietly was made near the small town of Warkworth, Ontario, Canada. That day saw the first manned flight of a fixed-wing all-electric VTOL aircraft. This event prompted the formation of a stealth company with the sole purpose of pursuing the development of this new unique technology. In September of 2014, the Company reorganized as OPENER and relocated the majority of its operations to Silicon Valley in California to pursue an unencumbered and accelerated development timeline. Find videos and more information at https://OPENER.aero.
Media Contact: Heidi Groshelle, Groshelle Communications press@opener.aero
A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c394c845-ecf5-46a0-80a1-e5e3a4d19f35
Bridgewater’s co–chief investment officer said the U.S. economy could slow down further.
The rate of U.S. inflation reached a 40-year high of 8.6% in May as overall prices for things including rent, gas and food all remain on the rise. “I personally believe that this inflation is here to stay for quite some time,” Orman recently told CNBC, prior to the release of May’s CPI data from the U.S. Bureau of Labor Statistics. The first is a fixed rate when the purchaser buys the bond, and the second is the inflation adjustment rate, which is reset every six months based on inflation.
(Bloomberg) -- Former Treasury Secretary Lawrence Summers said the Federal Reserve has failed to account for its mistakes and to realize the damage to its credibility after the latest inflation data dashed hopes that a peak had been reached.Most Read from BloombergUS Lifts Covid-19 Test Requirement for International TravelUS Inflation Quickens to 40-Year High, Pressuring Fed and BidenEating Two Portions of Fish Per Week Linked to Deadly Skin CancerFive Key Moments From the Jan. 6 Capitol Riot He
The U.S. hasn't yet entered a recession -- which is officially defined as two consecutive quarters of negative GDP growth -- but runaway inflation, stagnant wages, food shortages, rising interest rates, and geopolitical turmoil could all break this fragile economy's back in the near future. If that happens, growth stocks will fall further as value stocks become even more attractive. Altria is the top tobacco company in America.
In this article, we discuss the 15 best penny stocks to invest in. If you want to skip our analysis of these stocks, go directly to the 5 Best Penny Stocks To Invest In. The US equity market has been volatile since the start of 2022. The Dow 30 Index extended an eight-week consecutive losing […]
The Facebook parent’s lawyers have been investigating outgoing COO Sheryl Sandberg’s use of corporate resources for personal projects going back several years, people familiar with the matter say.
Lakshman Achuthan, Economic Cycle Research Institute Co-Founder, joins the Live show to discuss the odds of a recession occurring, the causes of a potential downturn, and the outlook for the economy.
Since taking the reins as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, Warren Buffett has put on a moneymaking clinic for Wall Street. While there are no shortage of reasons for the Oracle of Omaha's sustained success, his love of dividend stocks could be the most important component. Dividend stocks are almost always profitable and time-tested.
Moderna's (NASDAQ: MRNA) stock is in poor shape. Unfortunately, when investors take a closer look at why Moderna's stock is so inexpensive, they probably won't want to make that purchase. The most obvious reason Moderna's stock is so cheap is that the market (and public) have moved beyond buying shares of heavily hyped vaccine stocks.
Markets are volatile. Use these dividend stocks for peace of mind.
ChargePoint, Autoliv, and QuantumScape look like excellent long-term bets, despite the near-term headwinds they face.
In a key win for the embattled biotech, bluebird bio Inc. has scored two endorsements in as many days from an advisory committee to the U.S. Food and Drug Administration.
(Bloomberg) -- When the nineties ended, an overvalued stock market took three long years to rid itself of its accumulated excess in what is now known as the dot-com crash.Most Read from BloombergUS Lifts Covid-19 Test Requirement for International TravelUS Inflation Quickens to 40-Year High, Pressuring Fed and BidenEating Two Portions of Fish Per Week Linked to Deadly Skin CancerFive Key Moments From the Jan. 6 Capitol Riot HearingStocks Reel, Bond Yields Surge on Inflation Angst: Markets WrapTh
U.S. stocks sank Friday as investors digested two downbeat prints on the U.S. economy.
Inflation remains white-hot. These stocks can help stop the pain.
Spirit Airlines Inc's acquisition by JetBlue Airways Corp has become a "growing probability", according to analysts at JPMorgan. Florida-based ultra-low-cost carrier Spirit is the subject of a bidding war between JetBlue and Frontier Group Holdings Inc. Both bidders view Spirit as an opportunity to expand their domestic footprints at a time when the U.S. airline industry is dogged by persistent labor and aircraft shortages.
You don't need to gamble on a short squeeze to build your portfolio with these three blue-chip growth stocks.
Be greedy (but selective) when others are fearful.
Inflation has yet to peak and has only gotten worse since 2021, Tim Magnusson, chief investment officer of Garda Capital Partners, tells MarketWatch.
(Bloomberg) -- Google, Facebook and Microsoft Corp. — three of the world’s biggest corporate buyers of clean power — are sounding the alarm that a nearly $4 billion, Warren Buffett-backed renewable-energy project proposed in Iowa isn’t necessarily in the best interest of customers, including them.Most Read from BloombergUS Lifts Covid-19 Test Requirement for International TravelUS Inflation Quickens to 40-Year High, Pressuring Fed and BidenEating Two Portions of Fish Per Week Linked to Deadly Sk