DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Adam Gold"


4 mentions found


☆ Stellantis beefs up commitment to electric flying vehicle company Archer Aviation
  + stars: | 2023-01-04 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +1 min
The Chrysler maker is doubling down on its commitment to help Archer Aviation produce its first batch of electric flying vehicles by 2025, announced Stellantis CEO Carlos Tavares and Archer CEO Adam Goldstein in an interview on CNBC's Tech Check. Fiat Chrysler, Stellantis' predecessor, initially partnered with Archer in 2021 to get the startup's flying vehicles off the ground, providing access to a streamlined supply chain, engineering and material resources. Wednesday's announcement deepens Stellantis' investment in the potentially trillion dollar electric vertical takeoff and landing, or eVTOL, market. Archer expects that its electric flying cars will be available for commercial use by 2025, granted it receives proper certification from the Federal Aviation Administration. Stellantis, which was created by the merger of Fiat Chrysler and PSA Groupe, has already spent billions developing electric vehicles through brands like Jeep, Ram, Dodge and Chrysler.
☆ Three Arrows Capital says its founders still not cooperating with asset recovery
  + stars: | 2022-12-02 | by ( Dietrich Knauth | ) www.reuters.com   time to read: +2 min
Dec 2 (Reuters) - Liquidators for bankrupt crypto hedge fund Three Arrows Capital (3AC) said on Friday that the company's founders are refusing to cooperate with asset recovery efforts, hindering the company's ability to return funds to creditors. Founders Kyle Davies and Su Zhu are more interested in rehabilitating their reputation than helping their own company's creditors, attorney Adam Goldberg said in bankruptcy court in New York. Davies has done interviews recently commenting on the implosion of crypto exchange FTX, attempting to shift blame for Three Arrows' own collapse, Goldberg said. Despite incomplete access to records and accounts, Three Arrows' liquidators have recovered some assets belonging to creditors, including $35 million in U.S. dollars and several different cryptocurrency tokens, liquidator Russell Crumpler said in court. They filed a parallel bankruptcy case in Manhattan to shield Three Arrows' U.S. assets.
☆ Archer Aviation plans to build 250 air taxis in 2025
  + stars: | 2022-10-24 | by ( Aishwarya Nair | ) www.reuters.com   time to read: +2 min
Adam Goldstein (R) and Brett Adcock, co-founders and co-CEOs of flying taxi company Archer Aviation, pose for a picture as they rehearse for the unveiling of their all-electric aircraft from a facility in Hawthorne, California, U.S. June 8, 2021. REUTERS/Mike BlakeOct 24 (Reuters) - Archer Aviation Inc (ACHR.N) said it aims to make about 250 battery-electric air taxis in 2025 and scale up production in the following years, after setting a goal of getting its aircraft certified by the end of 2024. "In our first year, we will build 250 aircraft, our second year will build 500 aircraft, our third year will build 650 aircraft and then we scale it up to around 2,000 aircraft per year," CEO Adam Goldstein told Reuters in an interview. Archer aims to certify its pilot-plus-four-passenger aircraft, 'Midnight', by end-2024, though the U.S. Federal Aviation Administration (FAA) is still in the process of drawing up certification rules for these futuristic aircraft. Register now for FREE unlimited access to Reuters.com Register"In terms of aircraft production, we have estimated in our Archer model ~20 units in 2025," JPM analyst Bill Peterson said.
☆ How the White House is bracing for potential charges against Hunter Biden
  + stars: | 2022-10-14 | by ( Nicole Gaudiano | ) www.businessinsider.com   time to read: +5 min
President Joe Biden has stood by his son Hunter as he reportedly awaits possible criminal charges. But the White House faces a complicated communications challenge if federal agents move forward. But the White House faces a complicated communications challenge if federal agents investigating Hunter Biden move forward with charges against him on tax crimes and a false statement on a gun application. Experts say one thing the White House must not do is contact the Justice Department about the case. Republicans are itching to investigate Hunter Biden if they win control of Congress in the midterm elections.
<< prev 3 next >>
Total: 4