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Day: July 17, 2022

Lilium Partners with Bristow on Electric Air Mobility

Leading provider of helicopter transportation plans to purchase 50 Lilium all-electric jets and provide Part 145 maintenance services in Florida and other U.S. and European marketsLilium Partners with Bristow on Electric Air Mobility Lilium Partners with Bristow on Electric Air MobilityFARNBOROUGH, United Kingdom, July 17, 2022 (GLOBE NEWSWIRE) — Bristow Group Inc. (NYSE: VTOL) (“Bristow”), the global leader in innovative and sustainable vertical flight solutions, and Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the world’s first electric vertical-takeoff and landing (“eVTOL”) jet, announced today a strategic partnership where Bristow will have the option to purchase 50 Lilium Jets in addition to providing maintenance services for the Lilium Jet’s launch network in Florida, and other future U.S and European markets. The...

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Correction of company announcement no. 38/2022

COMPANY ANNOUNCEMENT NO 39/2022 – 17 JULY 2022 The following correction is made to company announcement no. 38/2022 of 15 July 2022, as the enterprise value in DKK has been changed to around DKK 250 million from previously around DKK 300 million. The paragraph containing the enterprise value of the deal is therefore changed to: The acquisition of Amsterdam Brewery Co. Ltd. is based on an enterprise value of CAD 44 million (around DKK 250 million) on a debt free basis. Amsterdam Brewery Co. Ltd. has normalized revenue of around CAD 34 million (around DKK 200 million) and a normalised annual EBITDA of around CAD 5 million (around DKK 28 million). For further information on this Announcement: Investor and Media Relations: Jonas Guldborg Hansen, tel (+45) 20 10 12 45 www.royalunibrew.comAttachmentFond-RU-39-2022-uk ...

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TT Electronics Partners with Honeywell Aerospace on Next-generation Inertial Navigation Power Supply

Partnership taps into TT’s market responsiveness and long-standing expertise in demanding military and aerospace applications WOKING, UK, July 17, 2022 (GLOBE NEWSWIRE) — TT Electronics, a global provider of engineered technologies for performance critical applications, today announced the company’s Kansas City facility has been awarded a Letter of Authority from long-term partner Honeywell Aerospace to proceed with the design of a new power supply for next-generation inertial navigation units. Honeywell Aerospace products and services are found on virtually every commercial, defence and space aircraft in the world and include aircraft propulsion, cockpit systems, satellite communications, and auxiliary power systems. Honeywell Aerospace is a subsidiary of Honeywell International Inc. This latest development reinforces the strategic...

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