Announcing pending bankruptcy last week, Oxis Energy surprised those of us who did not see the impending problem. One major supporter of Oxis is George Bye, because his eFlyer line of aircraft were all slated to fly on their power. Contacted through company Vice President Diane Simard, Bye issued the following statement: “Bye Aerospace’s eFlyer 800 program remains on track,” said George E. Bye, CEO of Bye Aerospace. “We continue to support Oxis Energy, their lithium-sulfur cell technology, leadership, team and owners. These types of transitions occur in every industry.” Other batteries may wait in the wings, so to speak. Oxis prefaced its web site with the following announcement: “OXIS Energy Limited is in administration. Simon Girling and Christopher Marsden were appointed Joint Administrators of the Company on 19 May 2021. Simon Girling is authorized to act in the UK as an Insolvency Practitioners by the Insolvency Practitioners Association. Christopher Marsden is authorized to act in the UK as an …
AirSpaceX is NOT an Elon Musk Company
Airspace Experience Technologies, LLC (AirSpaceX) is a subsidiary of Detroit Aircraft Corporation (DAC), and as far as this editor knows, not related to Elon Musk’s SpaceX. A little closer to earth, the planned low-altitude perambulations of its two creations reflect the growing interest in “sky taxis.” A Holding Company Brought Down by the Great Depression Jon Rimanelli, founder and CEO, sees Detroit Aircraft Corporation as an attempt to return the Motor City to its former glory days as a leader in aircraft development. He notes that for a few brief years, DAC held controlling interests in the Ryan and Lockheed Aircraft companies, and created the only metal-clad airship in aeronautical history, The ZMC-2. He explains, “Back in the ’20s, Detroit was the center of the universe for aviation. Detroit Aircraft Corporation was the largest aircraft holding company in the world. They owned the biggest brands,” Its technology may have been underappreciated in its time, but the modern DAC is promoting …
Ampaire and its Zero Emission Airplane
Ampaire, a California-based startup, has a simple, two-fold set of goals. Its TailWind™ aircraft will solve the problems of high operating costs for short-haul airlines and reduce emissions by 99 percent. They must make a compelling argument since they won one of ten awards at the recent the 2017 Hello Tomorrow Global Summit Deep Tech Challenge in Paris. Kevin Noertke, CEO of the firm, presented a brief but energetic rundown on the company’s goals and the elegant aeronautical offering he and co-founders Cory Combs (CTO) and Ryan Bilton (CFO) envision. Note the crowd, the band, and the high production values of the Summit. Your editor wondered about the “Powered By” reference to Airbus. Kevin cleared that up in an email. “The ‘Powered by’ statement is a phrasing Hello Tomorrow uses to describe where their sponsorship funding came from. “For example: “ONE €100K GRAND PRIZE: For the best early-stage startup – Equity-free, no strings attached – Powered by BNP Paribas …