Joby Aviation Inc is exploring an acquisition of helicopter ride-share operator Blade Air Mobility Inc, according to people familiar with the matter https://t.co/j5hTWUbvT8 ...

Core Viewpoint - M2i Global has finalized its merger with Volato to enhance its blockchain-based supply chain strategy and facilitate its listing on the New York Stock Exchange [1][3]. Company Strategy - The merger is driven by the need for advanced blockchain capabilities to support tracking and tracing technology, which is essential for M2i Global's operations [3][4]. - M2i Global aims to establish a resilient and transparent supply chain for critical metals in the U.S., focusing on sourcing and processing materials domestically [4][6]. Technological Integration - The integration of blockchain technology is crucial for M2i Global to track the lifecycle of materials and build a strategic mineral reserve [4][6]. - The company is prioritizing projects that address gaps in processing and refining key critical materials needed in the U.S. [6]. Organizational Structure - The new company will maintain divisions from both M2i Global and Volato, including software applications for logistics management and private aircraft access [5][6]. - The current CEO of Volato will step down, and M2i Global's leadership will oversee the combined operations moving forward [5][6].

Industry Collaboration - Joby Aviation 与国防承包商 L3Harris 合作测试自动驾驶混合动力飞机 [1] Technological Advancement - 行业关注 Joby Aviation 在自动驾驶混合动力飞机领域的测试进展 [1]

Core Insights - Garmin Ltd. reported second-quarter 2025 pro forma earnings of $2.17 per share, exceeding the Zacks Consensus Estimate by 10.7%, and showing a 37% year-over-year improvement [1] - Net sales reached $1.81 billion, surpassing the Zacks Consensus Estimate by 4.4%, and increased by 20% compared to the same quarter last year [1] - The growth in net sales was driven by strong performance across the Outdoor, Fitness, Aviation, Marine, and Auto OEM segments [1] Segment Performance - **Outdoor Segment**: Contributed 27% of net sales with $490.4 million, an 11% year-over-year increase, primarily due to strong adventure watch sales. Operating income was $158 million with a 32% margin [2] - **Fitness Segment**: Accounted for 33.4% of sales, generating $605.4 million, reflecting a 41% year-over-year increase driven by demand for advanced wearables. Operating income was $198 million with a 33% margin [3] - **Aviation Segment**: Made up 13.7% of sales with $249.4 million, a 14% year-over-year increase, supported by OEM and aftermarket products. Operating income was $63 million with a 25% margin [4] - **Marine Segment**: Contributed 16.5% of sales at $299.3 million, up 10% year-over-year, led by chartplotters. Operating income was $63 million with a 21% margin [5] - **Auto OEM Segment**: Generated $170.2 million in sales, marking a 16% year-over-year increase, but reported an operating loss of $10 million with a 6% gross margin [6] Financial Overview - Gross profit increased by 24% year-over-year to $1.07 billion, with a gross margin improvement of 150 basis points to 58.8% [7] - Operating expenses rose 14% year-over-year to $595 million, while operating income increased by 38% to $472.3 million, with an operating margin expansion of 330 basis points to 26% [7] - As of June 28, 2025, Garmin held $2.59 billion in cash and marketable securities, down from $2.67 billion in the previous quarter [8] Guidance Update - Garmin raised its 2025 revenue guidance to $7.1 billion from $6.85 billion, indicating an 8.7% year-over-year increase [10] - Pro forma EPS guidance was increased to $8.00 from $7.80, reflecting a 7.9% year-over-year increase [11] - The company expects a gross margin of 58.5% and an operating margin of 24.8% for 2025, with an effective tax rate forecast raised to 17.5% [11]

This partnership comes as XTI accelerates development of its TriFan 600 and lays the groundwork for a future family of xVTOL aircraft while further expanding its ecosystem of partners dedicated to creating a compelling vision of vertical mobility. IDEO will work closely with XTI on a multi-phase, long-term engagement designed to transform the XTI customer experience into a seamless, human-centered ecosystem. The collaboration spans from early-stage market research and product-market fit validation to the nu ...

highlighting surveillance video of the midair crash over the Ptoac River. Frustration from NTSB board members after Army aviation experts testified that one of the altimeters in the Blackhawk helicopter fleet is often inaccurate by 100 ft or more. But the Army determined it was within tolerance levels and never advised the pilots.How much tolerance should we have for aviation safety whenever civilian lives are at risk. The Army chopper was flying 78 feet above the 200 foot limit when it crashed into the Ame ...

Questions can be pre-submitted to [email protected] or online during the live event. A recording of the webinar will be available on the Company's investor relations website at https://ir.xtiaerospace.com by July 31, 2025 until October 31, 2025. About XTI Aerospace, Inc. XTI Aerospace (XTIAerospace.com) (Nasdaq: XTIA) is the parent company of XTI Aircraft Company, an aviation business based near Denver, Colorado, currently developing the TriFan 600, a fixed-wing business aircraft designed to have the vertic ...

XTI Aerospace (XTIAerospace.com) (Nasdaq: XTIA) is the parent company of XTI Aircraft Company, an aviation business based near Denver, Colorado, currently developing the TriFan 600, a fixed-wing business aircraft designed to have the vertical takeoff and landing (VTOL) capability of a helicopter, maximum cruising speeds of over 300 mph and a range up to 1,000 miles, creating an entirely new category – the xVTOL. Additionally, the Inpixon (inpixon.com) business unit of XTI Aerospace is a leader in real-time ...

Financial Overview - The company reported a net income attributable to shareholders of $161.7 million for Q2 2025, with basic earnings per share of $1.58 and diluted earnings per share of $1.57, representing an 80% increase compared to Q1 2025 [2][9] - Adjusted EBITDA for the quarter was $347.8 million, reflecting a 26% increase from Q1 2025 [2][9] Dividends - The Board declared a cash dividend of $0.30 per ordinary share for the quarter ended June 30, 2025, payable on August 19, 2025 [3] - Cash dividends for Series C and Series D Preferred Shares were declared at $0.51563 and $0.59375 per share, respectively, payable on August 15, 2025 [4] Business Highlights - The company generated over $400 million in positive Adjusted Free Cash Flow and ended the quarter with $302 million in cash and $400 million fully undrawn from its corporate revolving credit facility [6] - The Aerospace Products segment experienced 81% year-over-year growth in Adjusted EBITDA in Q2 2025, increasing its market share to approximately 9% from 5% the previous year [6] - The SCI Partnership is on track to deploy $4 billion of capital in 2025, with 145 aircraft owned or under letter of intent, compared to a target of 250 [6] Revenue Breakdown - Total revenues for Q2 2025 were $676.2 million, up from $443.6 million in Q2 2024 [17] - Aerospace products revenue was $420.7 million, while MRE Contract revenue was $69.6 million [17] Cash Flow - Adjusted Free Cash Flow for the three months ended June 30, 2025, was comprised of net cash used in operating activities of $(110.3) million, net cash provided by investing activities of $523.8 million, and an adjustment for a joint venture investment of $10.0 million [32]

Imagine playing a video game with no game over option and the stakes are human life. In a world that tells you to dream, if your dream is to be an air traffic controller, it has a 3% chance of coming true. It is a male-dominated industry.So, as a woman, it drops it down to 0.3%. Assalam allayikum. My name is Jaha Al- Maheri.I am a senior air traffic control officer, proudly serving in Abu Dhabi at the Sheh Zed Air Navigation Center. The facility I work in works with every aircraft that comes in and out of t ...