SkyFly Unveils Vertically Capable Axe Aircraft for Private Ownership
SkyFly Unveils Vertically Capable Axe Aircraft for Private Ownership

SkyFly Unveils Vertically Capable Axe Aircraft for Private Ownership

News summary

SkyFly's CEO, Michael Thompson, introduced the Axe, a two-seat vertically capable aircraft designed for personal ownership, featuring dual large wings and electric motors that enable both conventional and vertical takeoff and landing, with a fully electric range of 100 miles and a hybrid version extending beyond 300 miles. The Axe offers safety features such as mechanical flight controls and a glide ratio of 6:1, aiming to attract new pilots under the Light Sport category with low noise and vibration. Meanwhile, Howmet Aerospace has seen significant stock price gains and positive analyst revisions following strategic execution and growth prospects, despite some market volatility and valuation caution. The company's recent strong performance and increased earnings guidance have sparked investor interest, although valuation metrics suggest the stock might not be undervalued currently. Separately, Out of the Box Aerospace, an Israeli NGO, is advancing aerospace education across nine countries to prepare future generations for lunar and Mars missions, focusing on building essential educational and technical bridges for space exploration. Additionally, a critical review of a study on water ice behavior on the Moon highlights experimental conditions that do not replicate actual lunar environments, suggesting the need to redirect research focus to more applicable planetary settings like Mars.

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