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Utilicraft Aerospace Industries
Utilicraft Aerospace Industries is a company created in December 2004 by a spin-off of American Utilicraft Corporation as they moved their headquarters to Albuquerque, New Mexico. Their sole project was the model FF-1080-300ER, a short-haul cargo (''freight feeder'') aircraft for shipping and courier services. As a startup company, they advertise minimalist engineering to reduce time to market, forgoing cabin pressurization and a retractable landing gear yet lifting a 10- ton cargo pallet. Announced customers have included Benin Airlines, Afra Airlines, and Mid America Aero, LLC. companies. Production was scheduled to begin at about 24 planes per year beginning in late 2007. Until FAA certification of their first model, which would take some years, they intended to rely on the International freight feeder market. Utilicraft generated initial capital with an IPO, so their survival depends on the stock market A stock market, equity market, or share market is the ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Albuquerque, New Mexico
Albuquerque ( ; ), ; kee, Arawageeki; tow, Vakêêke; zun, Alo:ke:k'ya; apj, Gołgéeki'yé. abbreviated ABQ, is the most populous city in the U.S. state of New Mexico. Its nicknames, The Duke City and Burque, both reference its founding in 1706 as ''La Villa de Alburquerque'' by Nuevo México governor Francisco Cuervo y Valdés''.'' Named in honor of the Viceroy of New Spain, the Francisco Fernández de la Cueva, 10th Duke of Alburquerque, 10th Duke of Alburquerque, the city was Old Town Albuquerque, an outpost on Camino Real de Tierra Adentro, El Camino Real linking Mexico City to the northernmost territories of New Spain. Located in the Albuquerque Basin, the city is flanked by the Sandia Mountains to the east and the West Mesa to the west, with the Rio Grande and bosque flowing from north-to-south. According to the 2020 United States census, 2020 census, Albuquerque had 564,559 residents, making it the List of United States cities by population, 32nd-most populous city ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Utilicraft FF-1080
The FF-1080 is an aircraft design by Utilicraft Aerospace Industries of Albuquerque, New Mexico, USA, for a twin turboprop aircraft fitted to carry LD3 aircraft cargo containers between large airports and smaller airports. Twin Pratt & Whitney Canada PW150C turboprop engines driving 6-bladed propellers provide the STOL performance with takeoff runs of less than . The aircraft is designed to carry as much as for a range carrying beneath its of high-mounted wings. American Utilicraft, the predecessor of Utilicraft Aerospace Industries, patented the design for the FF-1080 in 1991. Prototype engineering began in 2000 at Aircraft Design Services Incorporated in San Antonio, Texas. A company called Micro Craft was chosen to build the prototype, with plans to build subassemblies at a factory in Huntsville, Alabama, and to assemble the prototype at Gwinnett Airport in Atlanta. American Utilicraft entered a memorandum of understanding with the San Juan Pueblo (now known as the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Time To Market
In commerce, time to market (TTM) is the length of time it takes from a product being conceived until its being available for sale. The reason that time to market is so important is since being late erodes the addressable market into which producers have to sell their product. A common assumption is that TTM matters most for first-of-a-kind products, but actually a late product launch in any industry can negatively impact revenues—from reducing the window of opportunity to generate revenues to causing the product to become obsolete faster. Measuring TTM There are no standards for measuring TTM, and measured values can vary greatly. First, there is great variation in how different organizations define the start of the period. For example, in the automotive industry the development period starts when the product concept is approved. Other organizations realize that little will happen until the project is staffed, which can take a long time after approval if developers are tied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Landing Gear
Landing gear is the undercarriage of an aircraft or spacecraft that is used for takeoff or landing. For aircraft it is generally needed for both. It was also formerly called ''alighting gear'' by some manufacturers, such as the Glenn L. Martin Company. For aircraft, Stinton makes the terminology distinction ''undercarriage (British) = landing gear (US)''. For aircraft, the landing gear supports the craft when it is not flying, allowing it to take off, land, and taxi without damage. Wheeled landing gear is the most common, with skis or floats needed to operate from snow/ice/water and skids for vertical operation on land. Faster aircraft have retractable undercarriages, which fold away during flight to reduce drag. Some unusual landing gear have been evaluated experimentally. These include: no landing gear (to save weight), made possible by operating from a catapult cradle and flexible landing deck: air cushion (to enable operation over a wide range of ground obstacles and wat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benin Airlines
Benin ( , ; french: Bénin , ff, Benen), officially the Republic of Benin (french: République du Bénin), and formerly Dahomey, is a country in West Africa. It is bordered by Togo to the west, Nigeria to the east, Burkina Faso to the north-west, and Niger to the north-east. The majority of its population lives on the southern coastline of the Bight of Benin, part of the Gulf of Guinea in the northernmost tropical portion of the Atlantic Ocean. The capital is Porto-Novo, and the seat of government is in Cotonou, the most populous city and economic capital. Benin covers an area of and its population in was estimated to be approximately million. It is a tropical nation, dependent on agriculture, and is an exporter of palm oil and cotton. Some employment and income arise from subsistence farming. The official language of Benin is French, with indigenous languages such as Fon, Bariba, Yoruba and Dendi also spoken. The largest religious group in Benin is Sunni Islam (2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Afra Airlines
Afra Airlines was a privately owned Ghanaian airline, established in 2003 in Accra, which never commenced operations. It was intended as a new consumer airline to be focused on providing low-cost air services to and from destinations within Ghana, Africa, Europe and North America. It had management connections with Global Air Group, which was also unsuccessful. Afra Airlines itself ceased trading in 2005 after Ghana Police charged its CEO with defrauding investors. History Afra Airlines was established in 2003 by Luke and Simone Butler, who had moved to Accra to establish Afra Airlines, Afra Resorts & Holdings and Afra Air Cargo. The airline was awarded its Air Carriers licence for cargo and passenger operations by the Ghana Civil Aviation Authority, and an Air Tour Operators Licence from the Ghana Tourist Board. In January 2005 it was announced that Afra Airlines was to merge with Boeing 747 owner and charter operator, Global Air Group, to complete financing arrangemen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 2022 are in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investor Relations
Investor relations (IR) is a strategic management responsibility that is capable of integrating finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately contributes to a company's securities achieving fair valuation. (Adopted by the NIRI board of directors, March 2003.) The term describes the department of a company devoted to handling inquiries from shareholders and investors, as well as others who might be interested in a company's stock or financial stability. Structure Typically investor relations is a department or person reporting to the chief financial officer (CFO) or treasurer. In some companies, investor relations is managed by the public relations or corporate communications departments, and can also be referred to as "financial public relations" or "financial communications." In smaller companies, the IR function is often ou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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