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Ampaire Conducts First Airline Flight Trials for a Hybrid-Electric Aircraft

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Electric aviation pioneer flies low-emission aircraft between Hawaiian island destinations demonstrating potential for sustainable aviation

Ampaire, a global leader in electric aviation, is the first to complete a demonstration flight of a hybrid-electric aircraft along an actual airline route. The company flew its Electric EEL aircraft on November 22nd on a 20-minute flight from Maui’s Kahului Airport across the island to Hana and back on a single charge.

Ampaire is now flying the route regularly in a one-month demonstration program with Hawai’i-based Mokulele Airlines, one of 15 airlines to have signed a Letter of Interest with the company. It is the first use of a hybrid-electric aircraft under the FAA’s Experimental-Market Survey category, allowing Ampaire to fly with their crew and essential personnel for crew training and other exploratory market activity. The flight trials are supported by Elemental Excelerator, a global climate-tech accelerator.

“We’re following the successful path of hybrid-electric automobiles in transforming ground transportation by taking that model to the sky, ” said Ampaire CEO Kevin Noertker. “By upgrading current aircraft with hybrid-electric propulsion we can enter the market quickly and take advantage of existing infrastructure for fixed-wing aviation.”

The trials serve two purposes, according to Noertker: demonstrating electric aviation’s potential to reduce harmful emissions and evaluating the robustness of Ampaire technology. “We can take lessons from this series of flights and apply them to subsequent, larger aircraft designs already in the works.”

The Electric EEL technology demonstrator used in the Mokulele trials is an upgrade of the popular six-seat Cessna 337 twin-engine piston aircraft. The aircraft has a 300-horsepower piston engine in the rear and a 160 kW-capable electric power unit in front, plus a battery pack carried in an under-fuselage aero-optimized shell. Due to the contribution of the electric power unit, fuel consumption and CO2 emissions are reduced by approximately 40-50 percent.

For the flight trials, the only change to ground equipment was the requirement to wire a Mokulele hangar with a 208-volt 3-phase outlet. Ampaire has been working with the Hawai’i Department of Transportation and the Hawaiian Electric Company to explore longer-term infrastructure solutions to support a fleet of hybrid- or fully-electric aircraft.

“The future for regional airlines is electric,” said Stan Little, CEO of Southern Airways which operates one of the largest commuter airlines in the U.S. and owns Mokulele Airlines. “We expect to put hybrid- and all-electric designs into service as soon as possible, and we know other regionals are watching us with great interest.”

“We’re excited to partner with Ampaire to pave a path to electric aviation that unlocks more accessibility to rural and island communities and increases green jobs while invigorating the aviation industry,” says Danielle J. Harris, Director of Mobility Innovation at Elemental Excelerator. “Building a climate-positive aviation industry is about much more than just a plane. It requires rethinking everything from airport infrastructure to pilot behavior, and that’s what this project is really proving.”

“The market for electric aircraft will expand as airlines perceive that electric aviation is not only environmentally desirable but economically advantageous,” said Noertker. “Electricity cost is an order of magnitude less expensive in comparison to fuel, which is the largest cost item for airlines.”

“Ampaire is focused on the regional market where we can provide viable range for typical routes,” he said. “The average regional airline route in the U.S. is less than 500 miles. Upgrading today’s aircraft for electric power is a relatively low-cost, low-risk path to aircraft certification. Then we expect to move on to increasingly efficient and capable clean-sheet designs.” UBS, the Swiss investment bank, forecasts a $178 billion market for hybrid-electric aircraft.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Telecommunications

Lagos Residents Frustrated by Rapid Data Drain, Call for NCC Action

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Lagos residents are expressing increasing frustration over what they describe as the rapid depletion of their data bundles.

Many subscribers are now calling on the Nigerian Communications Commission (NCC) to address their concerns as they suspect changes in billing practices by telecommunication providers.

Numerous subscribers have reported that their data does not last as long as it used to. A Lagos-based teacher, Mrs. Nafidah Zaynab, shared her experience, stating that a N2,000 data bundle, which previously lasted almost a month, now depletes within just a few days.

This sentiment is echoed by many, including Idowu Anabili, a trader who has reduced his data usage due to rising costs.

Abdullahi Yunus, who runs a café, noted a significant increase in his data expenses, spending between N70,000 and N100,000 monthly, up from N30,000. He attributes this spike to faster data consumption.

Telecom operators deny any wrongdoing, attributing the faster data consumption to increased usage by subscribers.

An anonymous official from MTN explained that the variety of activities performed on smartphones has increased, leading to faster data usage.

Airtel Nigeria’s spokesperson, Mr. Femi Adeniran, suggested that background apps and high-definition streaming contribute to the issue.

Despite complaints, operators assert they have not officially increased data prices. They emphasize that automatic app updates and other technical factors may be responsible for the perceived quick depletion.

Experts suggest that the challenging economic climate may be pressuring telecom companies to subtly reduce data value.

The industry has reported a 43% rise in operational costs, although no formal tariff hikes have been announced.

The NCC has clarified that it has not authorized any increase in data tariffs. The commission highlights technical factors like automatic video play and app updates as potential causes for quick data depletion.

In a bid to assist consumers, the NCC has advised turning on data saver modes and managing app updates to conserve data.

To combat the issue, Mobile Network Operators (MNOs) have initiated a campaign to educate consumers on optimizing their data usage.

They recommend practices such as disabling automatic updates and closing unused apps.

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Social Media

Meta Shuts Down 63,000 Nigerian Accounts in Sextortion Crackdown

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In a significant move to combat online crime, Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has removed 63,000 accounts in Nigeria linked to sextortion scams.

This sweeping action is part of Meta’s ongoing effort to address the growing threat of digital extortion on its platforms.

Unmasking the Scammers

The crackdown, which took place at the end of May, targeted accounts engaged in blackmail schemes.

These scammers posed as young women to coerce individuals into sharing intimate photos, which were then used to extort money from the victims.

The removal follows a Bloomberg Businessweek exposé highlighting the rise of such crimes, particularly affecting teenagers in the United States.

The Global Impact

The U.S. Federal Bureau of Investigation (FBI) has identified sextortion as one of the fastest-growing crimes targeting minors.

The schemes often lead to severe consequences, including the tragic suicides of more than two dozen teens.

In one high-profile case, the death of 17-year-old Jordan DeMay in Michigan led to the arrest of suspects traced back to Lagos, Nigeria.

The Role of the Yahoo Boys

Many of the dismantled accounts were linked to the “Yahoo Boys,” a notorious group known for orchestrating various online scams.

These individuals have been using social media to recruit and train new scammers, sharing blackmail scripts and fake account guides.

Meta’s Response

Meta’s spokesperson emphasized the company’s commitment to user safety, stating, “Financial sextortion is a horrific crime that can have devastating consequences.”

The company is continually improving its defenses and has reported offenders targeting minors to the National Center for Missing & Exploited Children.

To enhance protection, Meta has implemented stricter messaging settings for teen accounts and safety notices regarding sextortion.

They are also employing technology to blur potentially harmful images shared with minors.

Ongoing Efforts

Meta’s actions highlight the complex and evolving nature of online crime. The company has pledged to remain vigilant, adapting its strategies to counter new threats as they emerge.

“This is an adversarial space where criminals evolve to evade our defenses,” Meta noted.

Looking Forward

As digital platforms continue to grapple with issues of privacy and security, Meta’s recent actions demonstrate a proactive stance in safeguarding users.

By dismantling these networks, the company aims to reduce the prevalence of sextortion and foster a safer online environment for all.

The crackdown serves as a reminder of the need for continued vigilance and collaboration between tech companies and law enforcement to protect individuals from the harmful effects of digital exploitation.

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Fintech

Flutterwave Celebrates Inclusion in CNBC’s Top 250 Global Fintechs

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Flutterwave has been recognized as one of the Top 250 Fintech companies globally by CNBC and Statista.

Joining the ranks of industry giants like Ali Pay, Klarna, Piggyvest, and Mastercard, this accolade underscores Flutterwave’s impact on the financial technology sector.

This honor follows Flutterwave’s recent inclusion in Fast Company’s Most Innovative Companies list, highlighting the company’s pivotal role in transforming Africa’s payment landscape.

The recognition is a testament to Flutterwave’s dedication to innovation and excellence in providing seamless payment solutions across the continent.

Expressing gratitude, Flutterwave acknowledged its talented team, supportive board, reliable partners, and loyal customers for contributing to this success.

The company continues to drive progress in the fintech industry, reinforcing its commitment to enhancing financial accessibility and inclusion in Africa and beyond.

Flutterwave’s recognition on these prestigious lists marks a proud moment and a significant milestone in its journey, reflecting the company’s growing influence and leadership in the global fintech arena.

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