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Radeon 780M: Catalyst for Video Editing Evolution? Dive Deep Into the FutureAfter the crash of an Azerbaijan Airlines plane that claimed 38 lives, Russian President Vladimir Putin on Sunday offered his apologies to Azerbaijani President Ilham Aliyev. Describing the incident as a "tragic incident," Putin expressed his condolences to the families of the victims and wished a speedy recovery to the injured. New Delhi: Russian President Vladimir Putin on Sunday apologised to Azerbaijani President Ilham Aliyev after the crash of an Azerbaijan Airlines plane that resulted in the deaths of 38 passengers. Putin described the incident as a “tragic incident” and conveyed his condolences to the victims’ families, while also wishing a swift recovery to those injured. “(President) Vladimir Putin apologised for the tragic incident that occurred in Russian airspace and once again expressed his deep and sincere condolences to the families of the victims and wished a speedy recovery to the injured,” the Kremlin said in a statement according to news agency Reuters. “It was noted in the conversation that the Azerbaijani passenger aircraft, which was travelling according to its schedule, repeatedly tried to land at Grozny airport. At that time, Grozny, Mozdok and Vladikavkaz were being attacked by Ukrainian unmanned aerial vehicles, and Russian air defence systems repelled these attacks,” it added. Azerbaijan plane crash An Azerbaijan Airlines plane named Flight J2-8243 crashed on Wednesday near the city of Aktau in Kazakhstan, erupting in a ball of fire after diverting from southern Russia, where Ukrainian drones had reportedly been attacking several cities. The crash has raised suspicions. Some Western experts and the US said that a Russian anti-aircraft missile might have been responsible. Many airlines have since suspended flights to Russian cities. Moscow, however, has avoided from commenting on reports that the plane may have been accidentally shot down by its air defence. More flight cancellations hit region Turkmenistan Airlines became the latest carrier to announce flight cancellations on Saturday. It halted its Ashgabat-Moscow-Ashgabat service from December 30, 2024, to January 31, 2025 and did not offer any explanation. This came after the suspension of Flydubai flights between Dubai and southern Russian cities like Mineralnye Vody and Sochi, which was scheduled from December 27 to January 3. The Embraer 190, which was travelling between Baku and Grozny, crashed near the western Kazakh city of Aktau, located on the Caspian Sea. Click for more latest World news . Also get top headlines and latest news from India and around the world at News9. Adan Khan is an emerging journalist with a keen focus on crime and politics. With a talent for making complex issues accessible, he has quickly become known for his ability to clarify intricate topics. Now with a year of experience in the news industry, Adan remains committed to delivering the truth, regardless of its difficulty. His writing seeks to make critical subjects both clear and engaging, offering readers insightful perspectives and guiding them through challenging issues. Dedicated to continuous growth, Adan is here to inform, engage, and make a meaningful impact in journalism.
Midland, Texas, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE: NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, announced today that David Bradshaw has retired and resigned from its Board of Directors, effective as of December 10, 2024. Mr. Bradshaw’s decision to retire and resign from the Board was not the result of any disagreement with the Company or the Board. "The Board and I wanted to formally recognize and thank David for his thirteen years of service to NGS as a Director,” said Stephen Taylor, Chairman of the Board of NGS. “His knowledge of the oil and gas industry along with his significant operating experience provided unparalleled value to the Company and management over his tenure. His insight and advice will be missed by the Board. We wish him well in his future endeavors." “I want to thank Steve for inviting me on to the Board more than a decade ago,” stated Mr. Bradshaw. “NGS and its Board are in a very strong place and this gave me great comfort in my decision to retire. I wish the Company, the Board, and the management team well and I am confident they will continue to deliver for shareholders.” About Natural Gas Services Group, Inc. (NGS): NGS is a leading provider of natural gas compression equipment, technology and services to the energy industry. We rent, design, sell, install, service and maintain natural gas compressors for oil and natural gas production and processing facilities, generally using equipment from third-party fabricators and OEM suppliers along with limited in-house assembly. We are headquartered in Midland, Texas, with an assembly facility located in Tulsa, Oklahoma, a rebuild shop located in Midland, Texas, and service facilities located in major oil and natural gas producing basins in the U.S. Additional information can be found at www.ngsgi.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements involve a wide variety of risks and uncertainties, and include, without limitations, statements with respect to the Company’s strategy and prospects. Such statements are subject to certain risks and uncertainties which are disclosed in the Company’s reports filed with the SEC, including its Form 10-K for the fiscal year ended December 31, 2023 and its other filings with the SEC. Readers and investors are cautioned that the Company’s actual results may differ materially from those described in the forward-looking statements due to a number of factors, including, but not limited to, fundamentals of the compression industry and related oil and gas industry, compressor demand assumptions, overall industry outlook, the ability of the Company to capitalize on any potential opportunities and general economic conditions. For More Information, Contact: Anna Delgado, Investor Relations (432) 262-2700 ir@ngsgi.com www.ngsgi.comNatural Gas Services Group, Inc. Announces the Retirement and Resignation of David Bradshaw from its Board of DirectorsBOSTON--(BUSINESS WIRE)--Nov 22, 2024-- In recognition of its local collaboration, commitment to modernizing the electric system and support of clean energy goals, Eversource and its local partner BXP have been selected to receive a 2024 Cambridge Chamber of Commerce Annual Visionary Award for their partnership on the innovative Greater Cambridge Energy Program (GCEP), which includes the development of a first-of-its-kind underground electrical substation. The Visionary Awards & Gala took place on November 21 at 5:30 p.m. at the Hyatt Regency Hotel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241122421270/en/ Eversource and BXP accept the Cambridge Chamber of Commerce Annual Visionary Award. (Photo: Business Wire) Among other innovative technologies, GCEP will include the nation’s largest underground substation—a 35,000-square-foot facility 120 feet beneath a public green space at BXP’s Life Sciences Center in Kendall Square. It will also feature eight underground transmission lines spanning 8.3 miles across Cambridge, Somerville, and Boston, plus 48 distribution lines and significant upgrades to local substations or clean energy hubs to enhance power reliability, resilience, and support for a growing electric demand driven by the electrification of transportation and heating. “Our dedicated employees work every day to ensure a reliable, more sustainable energy future, and we are truly honored to receive this award from the Cambridge Chamber of Commerce,” said Bill Quinlan, Eversource President of Transmission and Offshore Wind Projects. “This recognition emphasizes the critical role of collaboration and compromise in delivering innovative solutions that meet the unique needs of the communities we serve. We’re pleased to have had the opportunity to collaborate with BXP, the City of Cambridge, the Cambridge Redevelopment Authority, as well as the City of Somerville and Allston/Brighton on this important project. By investing in advanced technologies and infrastructure, we aim to meet the evolving energy needs of our customers in an environmentally responsible way, creating a cleaner, more resilient, and efficient grid for the future.” The Visionary Awards recognize innovators from the business, institutional, and non-profit communities who are truly effecting change in Cambridge and beyond. This special evening is an opportunity for the Cambridge business community to celebrate these change agents and their extraordinary impact on improving the lives of others. Additional information about the project is available on the company’s Greater Cambridge Energy Program’s web page. More information on the energy company’s year-round work to strengthen and modernize the electric system for customers can be found on the reliability page of Eversource's website . Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is among the top energy companies in Newsweek ’s list of America’s Most Responsible Companies for 2024 and recognized as a Five-Year Champion , appearing in every edition of the list. Eversource transmits and delivers electricity and natural gas and supplies water to 1.8 million customers throughout Massachusetts, including approximately 1.47 million electric customers in 140 communities, 639,000 gas customers in 117 communities, and 11,500 water customers in five communities. Eversource harnesses the commitment of approximately 10,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The #1 energy efficiency provider in the nation, the company is empowering a clean energy future in the Northeast, with nationally recognized energy efficiency solutions and successful programs to integrate new clean energy resources like a first-in-the-nation networked geothermal pilot project, solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com , and follow us on X , Facebook , Instagram , and LinkedIn . For more information on our water services, visit aquarionwater.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241122421270/en/ CONTACT: Kyle Costa 774-464-8185 kyle.costa@eversource.com KEYWORD: MASSACHUSETTS UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: GREEN TECHNOLOGY ENERGY ENVIRONMENT SUSTAINABILITY UTILITIES SOURCE: Eversource Copyright Business Wire 2024. PUB: 11/22/2024 01:34 PM/DISC: 11/22/2024 01:34 PM http://www.businesswire.com/news/home/20241122421270/en
Is It Time to Stop Selling a Product? Here Are 3 Key Questions You Need to Ask to Unlock Longterm ProfitabilityKingsview Wealth Management LLC Boosts Stock Position in Kinross Gold Co. (NYSE:KGC)
Musk upgrades to Mounjaro, 'King Kong' of weight-loss medicationsThe Miami skyline viewed from the Rickenbacker Causeway in South Florida, a year ago. Pedro Portal/Miami Herald via AP MIAMI — Dozens of luxury beachfront condos and hotels in Surfside, Bal Harbour, Miami Beach and Sunny Isles are sinking into the ground at rates that were “unexpected,” with nearly 70% of the buildings in northern and central Sunny Isles affected, research by the University of Miami found. The study, published Friday night, identified a total of 35 buildings that have sunk by as much as three inches between 2016 and 2023, including the iconic Surf Club Towers and Faena Hotel, the Porsche Design Tower, The Ritz-Carlton Residences, Trump Tower III and Trump International Beach Resorts. Together, the high rises accommodate tens of thousands of residents and tourists. Some have more than 300 units, including penthouses that cost millions of dollars. “Almost all the buildings at the coast itself, they’re subsiding,” Falk Amelung, a geophysicist at the University of Miami’s Rosenstiel School of Marine, Atmospheric and Earth Science and the study’s senior author, told the Miami Herald. “It’s a lot.” Preliminary data also shows signs that some buildings along the coasts of Broward and Palm Beach are sinking, too. Experts called the study a “game changer” that raises a host of questions about development on vulnerable barrier islands. For starters, experts said, this could be a sign that rising sea levels, caused by the continued emission of greenhouse gases, is accelerating the erosion of the limestone on which South Florida is built. “It’s probably a much larger problem than we know,” Paul Chinowsky, a professor of civil engineering at the University of Colorado Boulder, told the Herald. Initially, researchers looked at satellite images that can measure fractions of an inch of subsidence to determine whether the phenomenon had occurred leading up to the collapse of Champlain Towers in Surfside, the 2021 catastrophe that killed 98 people and led to laws calling for structural reviews of older condos across the state. The researchers did not see any signs of settlement before the collapse “indicating that settlement was not the cause of collapse,” according to a statement. Instead, they saw subsidence at nearby beachside buildings both north and south of it. SURPRISING FINDINGS “What was surprising is that it was there at all. So we didn’t believe it at the beginning,” Amelung said, explaining that his team checked several sources that confirmed the initial data. “And then we thought, we have to investigate it,” he said. In total, they found subsidence ranging between roughly 0.8 and just over 3 inches, mostly in Sunny Isles Beach, Surfside, and at two buildings in Miami Beach – the Faena Hotel and L’atelier condo – and one in Bal Harbour. It’s unclear what the implications are or whether the slow sinking could lead to long-term damage, but several experts told the Herald that the study raises questions that require further research as well as a thorough on-site inspection. “These findings raise additional question which require further investigation,” Gregor Eberli, a geoscience professor and co-author of the study, which was published Friday in the journal Earth and Space Science, said in a statement. Lead author Farzaneh Aziz Zanjani pointed to the need for “ongoing monitoring and a deeper understanding of the long-term implications for these structures.” Though the vast majority of affected buildings were constructed years or decades before the satellite images were taken, it is common for buildings to subside a handful of inches during and shortly after construction — a natural effect as the weight of the building compresses the soil underneath. And sinking doesn’t necessarily create structural issues. “As long as it’s even, everything’s fine,” Chinowsky said, placing his hands next to each other, “the problems start when you start doing this,” he said, then moving one hand down faster than the other. But such uneven sinking, known as differential subsidence, can cause significant damage to buildings, he said. “That’s where you can get structural damage,” he said. More research is needed to determine whether the buildings are sinking evenly or not. AN UNCERTAIN IMPACT “Sometimes it can be dangerous, sometimes not – it will have to be evaluated,” said Shimon Wdowinski, a geophysicist at Florida International University, told the Herald. Wdowinski worked on a different 2020 study that showed that the land surrounding the Champlain Towers – not the buildings themselves – had been subsiding back in the nineties, though that alone couldn’t have led to the collapse. The National Institute of Standards and Technology (NIST) has yet to release a final report on the cause but a Herald investigation pointed to design and construction flaws as well as decades of maintenance issues. For the 35 buildings shown to be sinking in the University of Miami’s study, he said, the next step is to check the integrity and design plans. “If there is differential subsidence, it could cause structural damage, and it would need immediate attention,” he said. Cracks in walls, utilities that are breaking, or doors and windows that don’t shut as easily as they used to are all signs of differential subsidence, said Hota GangaRao, a professor of civil engineering and the director of the constructed facilities center at West Virginia University. “In some extreme scenarios, the buildings at some point sink much more dramatically with time,” he said. If that subsidence is differential, “then it is very, very serious,” GangaRao said. CITIES REACT TO STUDY Larisa Svechin, the mayor of Sunny Isles Beach, where more than 20 buildings are affected, said that “my priority is the safety of our residents.” Contacted by the Herald Saturday afternoon, she said she was not aware of any structural issues but called an immediate meeting with the city manager. Following that meeting, she said that all required building inspections are up to date and that “the law also requires inspection records to be posted online and shared with residents.” Charles Burkett, the mayor of Surfside, told the Miami Herald that he had not heard of the study nor was he aware of any subsidence of buildings. “I’d like to know if it’s unsafe,” he said on Saturday, adding that he will “review [the study] in due time.” Other officials could not be reached immediately, and several of the affected buildings contacted by the Herald said that management would not be available for comment before Monday. Some settlement appears to have started right around the time when the construction of new buildings nearby began, and when vibration might have caused layers of sand to compress further – just like shaking ground coffee in a tin will make room for more. The pumping of groundwater that seeps into construction sites could also cause sand layers to shift and rearrange. Though there appears to be a strong link to nearby construction for some buildings, it is unlikely to be the only explanation for the 35 sinking buildings, as some settlement had started before any construction began nearby, and it persisted after construction ended, the researchers found. “There’s no sign that it’s stopping,” Amelung said of the settlement. THE POSSIBLE CLIMATE CONNECTION Experts also pointed to the impact the emission of fossil fuels and the resulting warming of the climate is having on the overall stability of Miami-Dade’s barrier islands. For one, rising sea levels are now encroaching on sand and limestone underneath our feet. That could lead to the corrosion of the pillars on which high-rises stand – a serious issue, GangaRao said, though if that’s the case “there may be a way to salvage these buildings,” by fixing the foundation. Stronger waves, fresh water dumped by heavier rainfalls and more sunny-day flooding could also add to the erosion of the limestone that all of South Florida is built on, Chinowsky said. Already a soft rock that is riddled with holes and air pockets, further erosion could destabilize the base of most constructions, Chinowsky said, comparing it to “standing on sand, and someone came with a spoon and started taking the sand out.” “I would expect that they would see this all throughout the barrier islands and on into the main coastline – wherever there is limestone, basically,” he said. “That’s what makes the whole South Florida area so unique, because of that porous rock, the limestone, all that action is happening where you can’t see it, and that’s why it’s never accounted for to this level,” he said. We invite you to add your comments. We encourage a thoughtful exchange of ideas and information on this website. By joining the conversation, you are agreeing to our commenting policy and terms of use . More information is found on our FAQs . You can modify your screen name here . Comments are managed by our staff during regular business hours Monday through Friday as well as limited hours on Saturday and Sunday. Comments held for moderation outside of those hours may take longer to approve. Please sign into your Sun Journal account to participate in conversations below. If you do not have an account, you can register or subscribe . Questions? Please see our FAQs . Your commenting screen name has been updated. Send questions/comments to the editors. « PreviousCaribbean Princess Arrives in Port Canaveral for First-Ever Season of Cruises
( MENAFN - IANS) New Delhi, Dec 18 (IANS) All India Institute of Medical Sciences (AIIMS), New Delhi, on Wednesday announced a partnership with the Council of Scientific and Industrial Research (CSIR) to promote collaboration in healthcare, emerging technologies, their applications, and policy development. The Memorandum of Understanding (MoU) will boost regular dialogues and also drive innovative solutions to address healthcare challenges in the country. “The importance of leveraging synergies between the two premier institutions will be of immense value to the translational research and play a key role in delivering quality patient care,” said Prof. M. Srinivas, Director of AIIMS. CSIR is a research organisation with a network of laboratories, outreach centers, and innovation complexes across India. It's known for its research and development knowledge base in various scientific and technological areas. Together the CSIR and AIIMS will establish a synergistic partnership aimed at propelling medical research forward, enhancing healthcare delivery, and tackling pressing health challenges in India. It will combine the clinical expertise of AIIMS with the technological and research excellence of CSIR to revolutionise healthcare innovations. “This partnership will pave the way for significant breakthroughs in research, contributing to patient care and scientific progress in the country,” said Dr. Vinay Nandicoori, Director of CSIR-CCMB. The AIIMS-CSIR collaboration marks the beginning of a transformative journey, promoting innovation and creating impactful solutions to address healthcare challenges in India. AIIMS and the CSIR have previously collaborated on several projects. Currently, the institutions are working on a pilot project to convert biomedical waste into soil additives. CSIR has also tested the technology on biomedical waste with AIIMS. AIIMS Bhopal is using a molecular PCR-based diagnostic test developed by CSIR-CCMB to help patients with sickle cell disease. The partnership also includes joint research projects on sickle cell disease and genetic health. MENAFN17122024000231011071ID1109005263 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
NEW YORK, Dec. 28, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Hasbro, Inc. (NASDAQ: HAS) between February 7, 2022 and October 25, 2023, both dates inclusive (the “Class Period”), of the important January 13, 2025 lead plaintiff deadline. SO WHAT: If you purchased Hasbro common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Hasbro class action, go to https://rosenlegal.com/submit-form/?case_id=31157 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 13, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements that represented the quality of inventory and the appropriateness of the levels of inventories carried by Hasbro and its retailers compared to customer demand. In truth, however, Hasbro had a significant buildup of inventory that it was struggling to manage and which far exceeded customer demand. As a result, defendants’ statements about Hasbro’s inventory, and what inventory levels reflected regarding demand, were materially false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Hasbro class action, go to https://rosenlegal.com/submit-form/?case_id=31157 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com
(Reuters) - Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win. Trump is set to take office in January and executives are hoping a positive rapport with his administration, such as the one Tesla boss Elon Musk has established, could mean notable benefits for their companies. Below is a list of companies that are contributing funds for Trump's inauguration for his second term in the White House. UBER TECHNOLOGIES Uber Technologies and its CEO Dara Khosrowshahi donated $1 million each, a company spokesperson told Reuters. AMAZON.COM Amazon is donating $1 million. The company will also air the inauguration event on its Prime Video service, an Amazon spokesperson said. META PLATFORMS Meta Platforms has donated $1 million, a company spokesperson told Reuters. OPENAI CEO Sam Altman is planning to make a personal donation of $1 million to the inaugural fund, an OpenAI spokesperson confirmed. "President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead," Altman said in a statement. BANK OF AMERICA AND GOLDMAN SACHS Bank of America, the second-largest U.S. lender, and investment bank Goldman Sachs plan to contribute to Trump's inaugural committees, but have yet to decide on the amount, spokespersons for each bank said. (Reporting by Jaspreet Singh, Deborah Sophia and Harshita Mary Varghese in Bengaluru; Editing by Pooja Desai)TRENTON, N.J. (AP) — A large number of mysterious drones have been reported flying over New Jersey and across the eastern U.S., sparking speculation and concern over where they came from and why. New Jersey Gov. Phil Murphy and U.S. Sen. Andy Kim have both gone out on drone hunts, hoping for answers. The FBI, Homeland Security, state police and other agencies are investigating. Murphy and law enforcement officials have stressed that the drones don’t appear to be a threat to public safety , but many state and municipal lawmakers have nonetheless called for stricter rules about who can fly the unmanned aircraft — and to be allowed to shoot them out of the sky. Dozens of witnesses have reported seeing drones statewide since mid-November, including near the Picatinny Arsenal, a military research and manufacturing facility, and over President-elect Donald Trump’s golf course in Bedminster. Murphy, a Democrat, said Monday that equipment supplied by the federal government has yielded little new information. He declined to describe the equipment except to say it was powerful and could even “mitigate” the drones, though he added that’s not currently legal on U.S. soil. The state tallied 12 sightings Saturday and just one on Sunday. Murphy urged Congress to give states more authority to deal with the drones. The growing anxiety among some residents is not lost on the Biden administration, which has faced criticism from Trump for not dealing with the matter more aggressively. White House national security spokesman John Kirby on Monday said the federal government has yet to identify any public safety or national security risks from reported drone sightings in the northeast, saying officials believe they were lawfully flown drones, planes or even stars. “There are more than 1 million drones that are lawfully registered with the Federal Aviation Administration here in the United States,” Kirby said. “And there are thousands of commercial, hobbyist and law enforcement drones that are lawfully in the sky on any given day. That is the ecosystem that we are dealing with.” The federal government has deployed personnel and advanced technology to investigate the reports in New Jersey and other states, and is evaluating each tip reported by citizens, he said. The FBI received more than 5000 tips in recent weeks, he added, with only “about 100” deemed credible enough to require additional investigation. Authorities say they do not know. The Department of Homeland Security and FBI said they have no evidence that the aircraft pose “a national security or public safety threat or have a foreign nexus.” Speculation has nevertheless raged online, with some expressing concerns that the drones could be part of a nefarious plot by foreign agents. Officials stress that ongoing investigations have found no evidence to support such concerns, but U.S. Rep Chris Smith, a Republican, on Saturday echoed such speculation. “The elusive maneuvering of these drones suggests a major military power sophistication that begs the question whether they have been deployed to test our defense capabilities — or worse — by violent dictatorships, perhaps maybe Russia, or China, or Iran, or North Korea,” he said. On Monday, Pentagon spokesperson Maj. Gen. Pat Ryder cast doubt on the idea that the drones are engaged in intelligence gathering, given how loud and bright they are. He said about 1 million drones are registered drones in the U.S. and about 8,000 flying on any given day. Pentagon spokeswoman Sabrina Singh has said the aircraft are not U.S. military drones. In Boston, city police arrested two men accused of operating a drone “dangerously close” to Logan Airport on Saturday night. Authorities said an officer using drone monitoring technology detected the aircraft and the location of the operators. A third man fled police and remains at large. Authorities said the two men face trespassing charges and could face more charges and fines. Drones flying around Wright-Patterson Air Force Base near Dayton, Ohio, forced base officials to close its airspace for about four hours late Friday into early Saturday, said Robert Purtiman, a base spokesperson. It was the first time drones had been spotted at the base, one of the largest in the world, and no sightings have been reported since, Purtiman said Monday. He said the drones had no impact on any facilities on the base. Trump has said he believes the government knows more than it’s saying. “Let the public know, and now. Otherwise, shoot them down!!!” he posted on Truth Social. Kim said he’s heard no support for the notion the government is hiding anything. He said a lack of faith in institutions is playing a key part in the saga. “Nothing that I’m seeing, nothing that I’ve engaged in gives me any impression of that nature. But like, I get it, some people won’t believe me, right? Because that’s the level of distrust that we face," Kim said Monday. Sen. Richard Blumenthal of Connecticut last week called for the drones to be “shot down." Rep. Smith urged the Pentagon to authorize the use of force to bring down one or more drones to try to figure out who deployed them. The objects could be downed over the ocean or in an unpopulated area on land, Smith said Saturday. “Why can't we bag at least one of these drones and get to the bottom of it?” Smith said. Monmouth County Sheriff Shaun Golden said members of the public must not try to shoot down drones, as that would violate state and federal laws. Drone sightings were also reported in New York, where a permit is required. Mayor Eric Adams said the city was investigating and collaborating with New Jersey and federal officials. The runways at Stewart International Airport — about 60 miles (100 kilometers) north of the city — were shut down for about an hour Friday night because of drone activity, Gov. Kathy Hochul said. “This has gone too far,” she said in a statement. The governor called on Congress to strengthen the FAA’s oversight of drones and give more investigative authority to state and local law enforcement. Associated Press writers John Seewer in Toledo, Ohio; Bruce Schreiner in Shelbyville, Kentucky; and Aamer Madhani in West Palm Beach, Florida, contributed.
LANGHORNE, PA — Savara Inc. (Nasdaq: SVRA) has announced the issuance of inducement awards to five newly hired employees as part of its ongoing efforts to attract top talent. The awards were approved on December 20, 2024, by the Compensation Committee of Savara’s Board of Directors, offering a mix of stock options and restricted stock units (RSUs). The grants include options to purchase 100,000 shares of Savara’s common stock and RSUs covering an additional 100,000 shares. Both awards were granted under the company’s 2021 Inducement Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4), making them a key part of the hiring package for the new employees. The stock options carry an exercise price of $3.23 per share, reflecting the closing trading price on the grant date. Each option has a 10-year term and vests in quarterly increments—1/16th of the total shares vesting every three months—starting from the employee’s first day with the company, contingent on their continued employment. Meanwhile, the RSUs are designed to vest in full on the two-year anniversary of the employee’s start date, also contingent on ongoing employment. These awards aim to incentivize and retain top talent, as well as align employee interests with the company’s long-term success. By offering a mix of stock options and RSUs, the company hopes to not only attract new employees but also motivate them to contribute to the company’s growth and success over time. For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN .AP News Summary at 11:51 a.m. EST
Tizeti deepens access with FreeFiber broadbandDrones for commercial and recreational use grew rapidly in popularity despite restrictions on who can operate them and where they can be flown. No-fly zones are enforced around airports, military installations, nuclear plants, sports stadiums during games and certain landmarks, including the Statue of Liberty. However, not everybody follows the rules. Sightings at airports shut down flights in a few instances. Reported sightings of what appear to be drones flying over New Jersey at night in recent weeks created anxiety among some residents, in part because it is not clear who is operating them or why. Some state and local officials called for stricter rules to govern drones. Most, but not all, of the drones spotted in New Jersey appeared to be larger than those typically used by hobbyists. Officials said many of the objects seen may have been planes rather than drones. The unmanned aircraft are legal in the state for recreational and commercial use but are subject to local and Federal Aviation Administration regulations and flight restrictions. Operators must be FAA certified. ho regulates drones? The FAA is responsible for the regulations governing their use, and Congress wrote some requirements into law. With a 2018 law, the Preventing Emerging Threats Act, Congress gave certain agencies in the Homeland Security and Justice departments authority to counter threats from unmanned aircraft to protect the safety of certain facilities. New drones must be outfitted with equipment allowing law enforcement to identify the operator, and Congress gave the agencies the power to detect and take down unmanned aircraft that they consider dangerous. The law spells out where the counter-drone measures can be used, including “national special security events” such as presidential inaugurations and other large gatherings of people. A U.S. senator called for mysterious drones spotted over the sensitive areas in New Jersey and other parts of the Mid-Atlantic region to be “shot down, if necessary.” “We should be doing some very urgent intelligence analysis and take them out of the skies, especially if they’re flying over airports or military bases,” Sen. Richard Blumenthal of Connecticut said, as concerns about the drones spread across Capitol Hill. To get a “remote pilot certificate,” you must be at least 16 years old, be proficient in English, pass an aeronautics exam and not suffer from a “mental condition that would interfere with the safe operation of a small unmanned aircraft system.” Yes, but the FAA imposes restrictions on nighttime operations. Most drones are not allowed to fly at night unless they are equipped with anti-collision lights that are visible for at least 3 miles. Over the past decade, pilots reported hundreds of close calls between drones and airplanes, including airline jets. In some cases, airplane pilots had to take evasive action to avoid collisions. Drones buzzing over a runway caused flights to be stopped at London’s Gatwick Airport during the Christmas travel rush in 2018 and again in May 2023. Police dismissed the idea of shooting down the drones, fearing that stray bullets could kill someone. Advances in drone technology made it harder for law enforcement to find rogue drone operators — bigger drones in particular have more range and power. Some state and local officials in New Jersey called for stronger restrictions because of the recent sightings, and that has the drone industry worried. Scott Shtofman, director of government affairs at the Association for Uncrewed Vehicle Systems International, said putting more limits on drones could have a “chilling effect” on “a growing economic engine for the United States.” “We would definitely oppose anything that is blindly pushing for new regulation of what are right now legal drone operations,” he said. AirSight, a company that sells software against “drone threats,” says more than 20 states enacted laws against privacy invasion by drones, including Peeping Toms. Will Austin, president of Warren County Community College in New Jersey and founder of its drone program, says it’s up to users to reduce public concern about the machines. He said operators must explain why they are flying when confronted by people worried about privacy or safety. “It’s a brand new technology that’s not really understood real well, so it will raise fear and anxiety in a lot of people,” Austin said. “We want to be good professional aviators and alleviate that.” Get local news delivered to your inbox!BOSTON — More suspected drone sightings in the eastern U.S. led to a temporary airspace shutdown at an Air Force base in Ohio and arrests near Boston’s Logan International Airport, as elected officials increased their push for action to identify and stop the unmanned flights. Drones flying around Wright-Patterson Air Force Base near Dayton, Ohio, forced base officials to close the airspace for about four hours late Friday into early Saturday, said Robert Purtiman, a base spokesperson. It is the first time drones have been spotted at the base, one of the largest in the world, and no sightings were reported since early Saturday, Purtiman said Monday. He would not say how many drones were flying in the area, adding that they ranged in size and that they did not impact any base facilities. In Boston, city police arrested two men accused of operating a drone “dangerously close” to Logan Airport on Saturday night. Authorities said an officer using drone monitoring technology detected the aircraft and the location of the operators. A third man who fled police remains at large. Authorities said the two men face trespassing charges. Get local news delivered to your inbox!
Quick Links The Future Vertical Lift (FVL) program Various sizes and configurations within the FVL plan Joint Multi-Role (JMR) Light JMR Medium-Light JMR Medium JMR Heavy JMR Ultra The Future Attack Reconnaissance aircraft The Future Long-Range Assault Aircraft The Future Tactical Unmanned Aircraft System (FTUAS) The United States Army is exploring various new designs to replace its aging, older-generation helicopters. While Boeing has made several improvements to the Chinook platform in recent years, the Army is eyeing futuristic designs that can prove to be a workforce for the US military for multiple decades. Whether it is an attack helicopter or a highly advanced reconnaissance one, the development will take place under the newly established Future Vertical Lift (FVL) program. The US Army helicopter fleet includes, AH-6 Little Bird: Attack helicopter from the 1980s AH-64 Apache: Attack helicopter from the mid-1980s, utilized in two variants: AH-64D and AH-64E CH-47 Chinook: Cargo helicopter from the 1960s, utilized in two variants: CH-47F Block I and CH-47F Block II EH-60 Black Hawk: Electronic warfare helicopter from the late 1970s MH-47 Chinook: Multi-mission helicopter from the 1960s UH-60 Black Hawk: Utility helicopter from the late 1970s, utilized in two variants, UH-60V and UH-60M UH-72 Lakota: Utility helicopter from the mid-2000s The Future Vertical Lift (FVL) program The FVL program is a US military initiative to develop a family of advanced military helicopters that can share common hardware, including sensors, systems, avionics, engines, and countermeasures. With different sizes and capabilities, the family of military helicopters will serve various existing roles, replacing several aging helicopter types. The FVL primarily aims to develop advanced alternatives for the Army's UH-60 Black Hawk, AH-64 Apache, CH-47 Chinook, and OH-58 Kiowa helicopters. As a result of multiple operations in the last decade, the United States Department of Defence (DoD) established that the US Army fleet of helicopters is wearing out and multiple military agencies are in need of new-generation rotorcraft. Notably, continuous combat operations allow the use of helicopters significantly more than during peace times, thereby increasing the wearability of the platforms. The FVL program was established in 2009 to offer a more modern futuristic helicopter platform. The FVL platform will have a range of helicopters with different sizes, capabilities, and roles, and will utilize modern designs, materials, and technologies. The family of systems will work in coordination to allow smooth transfer of communication and data. Various phases and configurations of the program will ensure all “bases” are covered, particularly from the Army’s mission-readiness standpoint. The Army has begun studies on replacing the venerable Chinook, but its replacement is still many years away. Various sizes and configurations within the FVL plan Various configurations and sizes of the Joint Multi-Role (JMR) program are expected to offer advanced-technology aircraft that will replace several existing rotorcraft within various divisions of the US military. The US Army plans to acquire as many as 4,000 aircraft from the FVL program, making it one of the most extensive programs for the agency. Multiple sizes were planned between 2009 and 2012, envisioned to offer a range of capabilities. Joint Multi-Role (JMR) Light This is the scout helicopter to replace the OH-58 Kiowa Implemented the Future Attack Reconnaissance Aircraft (FARA) program in 2018. Termination of the FARA program was announced In February 2024 due to the advanced developments in modern warfare. JMR Medium-Light A medium-sized helicopter with advanced capabilities and a communications platform. It can be configured for various applications, including transport, utility, or special operations. JMR Medium A utility version to replace the UH-60 Black Hawk. The introduction of the Medium helicopter is planned for 2030. In December 2022, the Bell V-280 Valor was awarded a contract for the Future Long-Range Assault Aircraft (FLRAA) program. JMR Heavy A cargo version of the advanced helicopter to replace the CH-47 Chinook The introduction of the Heavy helicopter is planned for 2035. JMR Ultra The ultra-sized version of the vertical lift aircraft. The variant will perform similarly to advanced tactical transport aircraft, such as the C-130J Super Hercules and the Airbus A400M Atlas. The introduction of the Ultra JMR is planned for 2028. The US Army’s hunt for the successor to the UH-60 Black Hawk pits its proven legacy against next-gen tiltrotor technology, like the Bell V-280 Valor. The upcoming contender(s) of the older-generation C-47 Chinook have been in talks among Army authorities and colonels for some time now. The director of the FVL program, General Cain Baker, commented, “We’ve done some initial studies on what a Cape Set Four looks like. Those studies are still ongoing, very, very cognizant of the size of it, the type of lift capabilities we want from it, but also the affordability of that.” From the above timeline, it looks like the FLRAA program is becoming an urgent need for the Army, who is trying to utilize its cash flow on newer designs rather than investing in the block 2 upgrades (offered by Boeing) of the C-47 Chinook. The Army is keen to begin demonstration exercises in the coming months and years and eyes a low-rate production in 2028. General James McConville, former Army Vice Chief of Staff, states, “I think in two to three years, we will have a better idea about where we are, as far as developing the helicopters we talked about, and that will drive the decision.” The Future Attack Reconnaissance Aircraft (FARA) The FARA was intended to serve as a dedicated and armed aerial reconnaissance system operated from conventional and unconventional spaces. The type would have offered flexibility in missions with its payload and ordnance-carrying capabilities. Following the retirement of the OH-58 Kiowa Warrior helicopter in 2014, the US Army has relied on the more expensive AH-64E Apache attack helicopter. The AH-64E has performed the intended missions tremendously and is generally paired with an unmanned aircraft system. The US Army is exploring the replacement of the CH-47 Chinook helicopter. The Future Long-Range Assault Aircraft (FLRAA) The FLRAA is intended for long-range assault missions that serve as a multi-role aircraft. The FLRAA project will transport military personnel, equipment, and essential cargo. Major General Wally Rugen, then director of AFC’s Future Vertical Lift cross-functional team, stated that the efforts are “not a ‘want to have,’ it’s an imperative.” “Modernization is an imperative, so as long as that remains the Army priority, which I believe it will, then we’re going to continue to find ways to execute these programs. I don’t see it as a choice.” “We remain confident in X2 aircraft for U.S. and international mission needs now and in the future. We are disappointed in this decision and will await a U.S. Army debrief to better understand its choice.” While helicopters had flown since the 1920s, the US Army finally made them militarily useful in World War II. The Future Tactical Unmanned Aircraft System (FTUAS) The first phase of increment 2: Vendor-built prototypes were evaluated for performance, cost, schedule, risk, and modular open systems. The US Army requested $28.2 million in fiscal 2024 for research and development of the FTUAS program. The newly added funds for testing and evaluation are worth $14.6 million. The procurement of four systems is $46.2 million. The FTUAS is designed in an effort to acquire uncrewed vehicles in multiple phases. In the first phase, urgent battlefield needs for unmanned vehicles will be met in the next two years. The next phase is to develop a new unmanned vehicle for specialized reconnaissance missions. According to the US Army , “Specifically, for the Unmanned Aircraft System (UAS) ecosystem the Army is leveraging rapid technology growth and innovation across its formations for emerging capability development of the Future Tactical Unmanned Aircraft System (FTUAS) and Launched Effects (LE). Given the ever-changing strategic environment with the rapidly evolving, sensor-rich, contested battlefield, the Army must develop, acquire, and integrate continuously updated capability to warfighting formations to deliver lethal and survivable land power capabilities to the joint force.”
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