Business News

AAP Aviation to Develop Electric Regional Air Mobility in Norway With the Lilium Jet


Category: Airline / Travel

FARNBOROUGH, United Kingdom, July 19, 2022: Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has signed an agreement with AAP Aviation Group AS (“AAP Aviation”) to develop an eVTOL network in Scandinavia. Under the agreement, AAP Aviation intends to purchase 40 Lilium Jets and collaborate with Lilium to […]

Source: AAP Aviation


Equinor acquires energy storage developer in the US

Category: Business News

Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC. The acquisition supports Equinor’s ambition to be a leading company in the energy transition and provides a platform for broadening our energy offerings in the US. Read full article.

Source: Equinor


Norway Approves Gas Production Hike to Keep Exports at a Record

Category: Business News

Norway approved higher production from key natural-gas fields in an effort to maintain record exports as Europe reels from cuts in Russian supply. The energy ministry said Monday it had agreed on revisions to permits for the Troll, Gina Krog, Duva, Oseberg, Asgard and Mikkel fields. The move will allow Norway to keep output at […]

Source: Bloomberg


Biden Administration Makes Public First Full-Color Image from Webb Space Telescope

Category: Business News

The Biden Administration made public the first full-color image from the Webb Space Telescope, which captured the highest-resolution images of the infrared universe in history. The Webb Space Telescope launched from French Guiana in December 2021 and is now orbiting the Sun one million miles away from Earth. The image was previewed to President Biden […]

Source: The White House


Kongsberg Defence & Aerospace: Agreement signed with the Norwegian National Security Authority

Category: Business News

“Our competence is important for Norway as a nation, and our products play a vital role securing information nationally as well as internationally,” says Anne Marie Hegland, Department Manager in the Safety, Network & Security department in Kongsberg Defence & Aerospace. It is crucial for a supplier in the defence industry to work with continuous […]

Source: Kongsberg

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