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Beta Technologies
Beta Technologies (stylized as BETA Technologies), is a Burlington, Vermont-based aerospace manufacturer developing electric vertical take off and landing (eVTOL) aircraft for the cargo and logistics industry. The company has also developed a network of specially designed charging infrastructure to support their aircraft, it addition to pilot training for future electric aircraft pilots. The company was founded by Kyle Clark in 2017. History BETA Technologies was incorporated in 2017 in Burlington, Vermont by Kyle Clark, an experienced pilot, engineer and entrepreneur. In order to become the company's first test pilot, he learned to fly helicopters, and earned FAA qualifications for a powered lift rating. The company identified its first customer as United Therapeutics, which under founder and CEO Martine Rothblatt was looking for efficient transportation methods for organs intended for human transplant. United Therapeutics awarded BETA a $48 million contract. On May 23, 2 ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Carbon Footprint
A carbon footprint is the total greenhouse gas (GHG) emissions caused by an individual, event, organization, service, place or product, expressed as carbon dioxide equivalent (CO2e). Greenhouse gases, including the carbon-containing gases carbon dioxide and methane, can be emitted through the burning of fossil fuels, land clearance, and the production and consumption of food, manufactured goods, materials, wood, roads, buildings, transportation and other services. In most cases, the total carbon footprint cannot be calculated exactly because of inadequate knowledge of data about the complex interactions between contributing processes, including the influence of natural processes that store or release carbon dioxide. For this reason, Wright, Kemp, and Williams proposed the following definition of a carbon footprint: The Greenhouse Gas Protocol has extended the range of gases. The global average annual carbon footprint per person in 2014 was about 5 tonnes CO2e. Although the ...
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Aircraft Manufacturers Of The United States
An aircraft is a vehicle that is able to fly by gaining support from the air. It counters the force of gravity by using either static lift or by using the dynamic lift of an airfoil, or in a few cases the downward thrust from jet engines. Common examples of aircraft include airplanes, helicopters, airships (including blimps), gliders, paramotors, and hot air balloons. The human activity that surrounds aircraft is called ''aviation''. The science of aviation, including designing and building aircraft, is called '' aeronautics.'' Crewed aircraft are flown by an onboard pilot, but unmanned aerial vehicles may be remotely controlled or self-controlled by onboard computers. Aircraft may be classified by different criteria, such as lift type, aircraft propulsion, usage and others. History Flying model craft and stories of manned flight go back many centuries; however, the first manned ascent — and safe descent — in modern times took place by larger hot-ai ...
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VTOL
A vertical take-off and landing (VTOL) aircraft is one that can take off and land vertically without relying on a runway. This classification can include a variety of types of aircraft including helicopters as well as thrust-vectoring fixed-wing aircraft and other hybrid aircraft with powered rotors such as cyclogyros/cyclocopters and gyrodynes. Some VTOL aircraft can operate in other modes as well, such as CTOL (conventional take-off & landing), STOL (short take-off & landing), or STOVL (short take-off & vertical landing). Others, such as some helicopters, can only operate as VTOL, due to the aircraft lacking landing gear that can handle taxiing. VTOL is a subset of V/STOL (vertical or short take-off & landing). Some lighter-than-air aircraft also qualify as VTOL aircraft, as they can hover, takeoff and land with vertical approach/departure profiles. Electric vertical takeoff and landing aircraft, or eVTOLs, are being developed along with more autonomous flight control tech ...
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TPG Inc
TPG may refer to: Companies * Geneva Public Transport (french: transports publics genevois), public transportation system operator in canton of Geneva, Switzerland * TNT Post Group (TPG), a former Dutch transportation company, renamed TNT N.V. in 2005 and PostNL in 2011 * Royal TPG Post, formerly of Royal TNT Post and later Koninklijke TNT Post, a subsidiary of TNT Post Group * The Points Guy, a travel and loyalty programs website and blog *TPG Capital, a major American private equity firm * TPG Telecom, an Australian telecommunications and IT company * TPG (ISP), an Australian internet and virtual mobile telephone services provider Other uses * Taiwan Provincial Government, the provincial government that governs Taiwan Province of the Republic of China (ROC) * The Piano Guys, an American musical group *Third Party Grading Third Party Grading (TPG) refers to coin grading & banknote grading, grading of stamps, cards, comic books, etc., authentication, attribution, and en ...
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Venture Round
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the primary stimuli for the development of new companies and technologies. Features Parties *Founders or stakeholders. Introduce companies to investors. *A lead investor, typically the best known or most aggressive venture capital firm that is participating in the investment, or the one contributing the largest amount of cash. The lead investor typically oversees most of the negotiation, legal work, due diligence, and other formalities of the investment. It may also introduce the company to other investors, generally in an informal unpaid capacity. *Co-investors, other major investors who contribute alongside the lead investor *Follow-on or piggyback investors. Typically angel investors, high-net worth individuals, family offices, institut ...
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Climate Pledge Fund
The Climate Pledge Fund is a division of Amazon, set up to develop and manage investments in the climate technology space, as part of its Climate Pledge initiative. It is a corporate venture capital fund. History The Climate Pledge Fund makes investments into early-stage companies focused on decarbonizing or sustainable technologies and services. The fund is part of Amazon's Climate Pledge initiative with climate advocacy group Global Optimism. It was funded with an initial $2 billion in June 2020. This corporate venture capital fund is distinct from the following sustainability-related organizations affiliated with Amazon: * the $10 billion Bezos Earth Fund, which provides philanthropic grants to environmental organizations globally * the $100 million Right Now Climate Fund, which provides philanthropic contributions to local and regional non-governmental organizations in Europe * the $1B corporate venture capital fund, Amazon Industrial Innovation Fund, which will invest in ...
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Fidelity Management & Research
Fidelity Investments, commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American Multinational corporation, multinational financial services corporation based in Boston, Massachusetts. The company was established in 1946 and is List of asset management firms#Largest companies, one of the largest asset managers in the world with $4.5 trillion in assets under management, now as of December 2021 their assets under administration amounts to $11.8 trillion. Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, index funds, wealth management, securities execution and clearance, asset custody, and life insurance. History The "Fidelity Fund" became Fidelity Investments under Edward C. Johnson II; incorporated in Massachusetts, May 1, 1930. During the Great Depression, the "Fidelity Fund" was the only fund approved by John C. Hull (politician) ...
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Series A Round
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their securi ...
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Shipping Container Architecture
Shipping container architecture is a form of architecture using steel intermodal containers (shipping containers) as the main structural element. It is also referred to as cargotecture, a portmanteau of cargo with architecture, or "arkitainer". This form of architecture is often intertwined with the Tiny-house movement, tiny house movement, as well as the sustainable living movement. The use of containers as a building material has grown in popularity in due to their strength, wide availability, and relatively low cost. Homes have also been built with containers because they are seen as more eco-friendly than traditional building materials such as brick and cement. Advantages ;Customized :Due to their shape and material, shipping containers can be modified to fit various purposes. ;Strength and durability :Shipping containers are designed to be stacked in high columns, carrying heavy loads. They are also designed to resist harsh environments, such as on Ocean-going vessel, ...
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Charging Stations
A charging station, also known as a charge point or electric vehicle supply equipment (EVSE), is a piece of equipment that supplies electrical power for charging plug-in electric vehicles (including electric cars, electric trucks, electric buses, neighborhood electric vehicles, and plug-in hybrids). There are two main types: AC charging stations and DC charging stations. Batteries can only be charged with direct current (DC) electric power, while most electricity is delivered from the power grid as alternating current (AC). For this reason, most electric vehicles have a built-in AC-to-DC converter, commonly known as the "onboard charger". At an AC charging station, AC power from the grid is supplied to this onboard charger, which produces DC power to charge the battery. DC chargers facilitate higher power charging (which requires much larger AC-to-DC converters) by building the converter into the charging station instead of the vehicle to avoid size and weight restrictions. ...
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Arctic Tern
The Arctic tern (''Sterna paradisaea'') is a tern in the family Laridae. This bird has a circumpolar breeding distribution covering the Arctic and sub-Arctic regions of Europe (as far south as Brittany), Asia, and North America (as far south as Massachusetts). The species is strongly migratory, seeing two summers each year as it migrates along a convoluted route from its northern breeding grounds to the Antarctic coast for the southern summer and back again about six months later. Recent studies have shown average annual round-trip lengths of about for birds nesting in Iceland and Greenland and about for birds nesting in the Netherlands. These are by far the longest migrations known in the animal kingdom. The Arctic tern nests once every one to three years (depending on its mating cycle). Arctic terns are medium-sized birds. They have a length of and a wingspan of . They are mainly grey and white plumaged, with a red/orange beak and feet, white forehead, a black nape and ...
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