Verdego aero, cofounded by Erik Lindbergh , announces powertrain and eVTOL control systems to advance $30b urban air mobility market

VerdeGo Aero launches Integrated Distributed Electric Propulsion (IDEP) powertrain and eVTOL control systems to help the“flying car”industry get off the ground

press release: https://docs.wixstatic.com/ugd/b2a9b8_1723a58435974514acc88f96b1706866.pdf

More info: https://www.verdegoaero.com 

Boeing HorizonX Ventures Invests in High-Speed Metal 3D Printing Company Digital Alloys



press release




Patented multi-metal additive manufacturing system enables rapid, low-cost production of aerospace-quality 3D-printed parts



CHICAGO, Aug. 7, 2018 /PRNewswire/ -- Boeing [NYSE: BA] today announced its investment in Digital Alloys, Inc., a Burlington, Mass.-based company developing high-speed, multi-metal additive manufacturing systems that produce 3D-printed parts for aerospace and other production applications.

Digital Alloys' Joule Printing™ technology can rapidly combine multiple metals into each part, which enhances thermal, electrical, magnetic and mechanical properties. The process allows metals like titanium and high-temperature alloys to be 3D-printed for parts that could be used on Boeing products.

"Our investment in Digital Alloys will help Boeing produce metal structural aerospace parts faster and at higher volume than ever before," said Brian Schettler, managing director of Boeing HorizonX Ventures. "By investing in companies with emerging additive manufacturing technologies, we aim to strengthen Boeing's expertise and help accelerate the design and manufacture of 3D-printed parts to transform production systems and products."

Formed in January 2017, Digital Alloys developed a patented 3D-printing approach that avoids the cost and complexity of powder-based systems, and delivers higher resolution than other wire-based 3D-printing techniques.

"Our novel Joule Printing process is faster, more cost-effective, and more reliable than other approaches," said Duncan McCallum, CEO of Digital Alloys. "Partnering with Boeing will make us a smarter, stronger company. We are committed to enabling Boeing and other leading manufacturers to create valuable new products quickly and at less cost by incorporating metal 3D printing into their production."

Additive manufacturing generates value for Boeing by reducing the cost and time needed to design, build and deliver products to customers. Today, Boeing has more than 60,000 3D-printed parts flying on space, commercial and defense products. This investment is the latest example of the company's commitment to additive manufacturing innovation.

Boeing HorizonX Ventures participated in Digital Alloys' Series B funding round led by G20 Ventures, with participation by Lincoln Electric and Khosla Ventures. The Boeing HorizonX Ventures investment portfolio is made up of companies specializing in autonomous systems, energy and data storage, advanced materials, augmented reality systems and software, machine learning, hybrid-electric and hypersonic propulsion, and Internet of Things connectivity.

Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in more than 150 countries.

TsAGI conducts joint test with French and Russian partners

For more than 60 years people have been firing objects into space. Space debris, accumulated during this time, is steadily increasing and constitutes an ever-greater threat.
http://tsagi.ru/en/pressroom/news/3899/

 -- via my feedly newsfeed

TsAGI holds strength tests on the Il-112 primary structure members

The Zhukovsky Central AeroHydrodynamic Institute (TsAGI) held static tests of structurally similar wing panels models and fuselage models of the new generation transport aircraft IL-112.
http://tsagi.ru/en/pressroom/news/3897/

 -- via my feedly newsfeed

Spanish Government Signs Comprehensive Deal To Open First European Hyperloop Development Facility With Virgin Hyperloop One

Press Release

  • New Facility would Spur Economic Growth and Job Creation In Spain’s Andalusian Region
  • Investment would Accelerate the Development and Testing of Virgin Hyperloop One’s Proprietary Technology and Commercialization across Europe


MADRID, SPAIN, August 7th, 2018--Virgin Hyperloop One has signed an agreement with Administrator of Railway Infrastructures to open an Advanced Technology Development and Testing Center in the Andalusian region of Spain, the company’s first European development facility, valued at approximately 500 million USD. In return for this investment, Virgin Hyperloop One would obtain 126 million euros in public aid through loans and grants to help establish the new center, to advance Virgin Hyperloop One’s technology development and testing, and to stimulate regional economic growth and job creation.

The agreement, facilitated by the state-owned infrastructure agency ADIF, was signed by Mrs. Isabel Pardo de Vera Posada, President of ADIF (Administrador de Infraestructuras Ferroviarias or Administration of Railway Infrastructure) and Rob Lloyd, CEO of Virgin Hyperloop One. The Andalusian region is known globally as an epicenter of transportation and aerospace innovation.

“With its robust transportation, aerospace, and high-tech sectors in turn paired with outstanding regional talent, Spain is an ideal fit for Virgin Hyperloop One’s Advanced Technology Development and Testing Center,” said Rob Lloyd, Virgin Hyperloop One CEO. “By investing in the development and testing of Virgin Hyperloop One, Spain is extending its long-tradition as an innovative, global transport leader. We are excited to partner with such a forward-thinking country in developing the next generation of transportation.”

The Virgin Hyperloop One Advanced Technology Development and Testing Center is to be located in the Andalusian region of Spain at Bobadilla, a village of the municipality of Antequera, in the province of Malaga. With over 9,000 companies in transport and logistics, the second largest aerospace cluster in Spain, and 20,000 employees in R&D, the new center in Andalusia complements the advanced transportation, aerospace, and high-tech innovation in the Andalusian region and will be a catalyst for further economic growth. Virgin Hyperloop One estimates that it would hire 200-300 high-tech skilled professionals and that the center would spur job creation in a broad ecosystem of partners and suppliers in the region.

“The location of the Center in our country will lead to important high-value commercial opportunities and will boost economic growth in the region”, said ADIF in a statement. “The agreement with Virgin Hyperloop One will help us to deepen the willingness to face new technological challenges, contributing to reinforce our leadership in the development of transport infrastructures in the international arena.”

The 19,000 square meter center, planned to be opened by 2020, would develop, test, and certify components and subsystems to continually improve safety and reliability of hyperloop systems.

“For hyperloop to be commercially viable it needs to be safe and reliable - safety is our number-one priority,” said Josh Giegel, Co-Founder and Chief Technology Officer, Virgin Hyperloop One. “We’ve already been testing and improving our technology for the last four years, including building the only full-scale hyperloop system in the world. Ultimately, the center will help us deliver upon our first projects and scale to meet future demand around the world.”

Additional Virgin Hyperloop One images can be accessed here.

About Virgin Hyperloop One

Virgin Hyperloop One is the only company in the world that has built a fully operational hyperloop system. Our team has the world's leading experts in engineering, technology, and transport project delivery, working in tandem with global partners and investors to make hyperloop a reality, now. Virgin Hyperloop One is backed by key investors including DP World, Caspian VC Partners, Virgin Group, Sherpa Capital, Abu Dhabi Capital Group, SNCF, GE Ventures, Formation 8, 137 Ventures, WTI, among others. For more information, visit www.virginhyperloopone.com.