This is the housing sell season,said CNBC host Jim Cramer.There's no inventory.Prices are being bid up,I know in the tristate area.It's too hot.*
I like 2:45 for a stock market rally.A great rally takes place at 2:45 and runs till 3:15.That's the sort of rally you want to trust.*
Though topping the May 2-4 box office,Sony Pictures' The Amazing Spider-Man 2 didn't do quite as well at bragging rights over its opening as Disney's Captain America:The Winter Soldier did in its April debut.Spider-Man,starring Andrew Garfield and Emma Stone,brought in 92 million dollars,while Captain America had earned 95 million.It's all Disney right now,the popular analyst Jim Cramer pointed out.
About 40% of the year's box office is made over the summer cinema season,which begins the first weekend in May.*
The Institute for Supply Management's April service sector report came in stronger than expected at 55.2.Over 50 indicates expansion.There was a big jump in new orders from 53.4 to 58.2.Employment in the sector held basically steady at 51.3,versus March's 51.6 reading.Inventory backlog fell,while traffic and sales were up due to a break in the weather.*
A U-2 spy plane on a mission over the Los Angeles Basin overwhelmed the region's primary air traffic control center,the Los Angeles Air Route Traffic Control Center in Palmdale last Wednesday,causing up to 500 delays for a one hour period at LAX Airport,the FAA said.The secret aircraft apparently had to input a lot of waypoints,confusing the system that safely spaces airline flights.The U-2 was actually flying at an altitude of 60,000 feet,far above the airliners.Mitigation measures were put in place and engineers are making software changes to prevent a reoccurrence of the incident.
The U-2s are known to fly out of Edwards Air Force Base,California.The US Air Force is phasing out its fleet of about 36 of the 1980s version of the Cold War era spy plane.*
Sony(SNY),Disney(DIS)
Showing posts with label Federal Aviation Administration. Show all posts
Showing posts with label Federal Aviation Administration. Show all posts
Tuesday, May 6, 2014
Tuesday, March 11, 2014
Facebook and Titan Aerospace:Shepherding the Drones
Facebook is reportedly in discussions to purchase the startup firm Titan Aerospace,pioneer of the atmosat(TM)drone concept,for 60 million dollars-possibly for the sole purpose of furthering Facebook's Internet.org project.Both companies declined to comment on the talks.*
The Titan drones have potential for multiple other highly beneficial applications,such as asset tracking;maritime traffic monitoring;cosmic radiation and magnetosphere studies;meteorology;oilspill mapping;power line monitoring;crop monitoring;global positioning;search and rescue;fire and floodplain monitoring.Under the reported scenario,Titan's production line would be totally consumed by Facebook's Internet access project,which aims to provide affordable Internet access to five billion people in developing countries.*
Two of the Titan Aerospace models,the Solara 50 and 60,can ascend to a height of over 65,000 feet and stay continuously aloft for five years on solar power,which is provided by panels on their wings and tails.This is zero emission,near-orbital flight at a fraction of the cost of a rocket-launched satellite,and is above the 60,000 foot height of FAA-regulated commercial airspace.
In sum,instead of diversifying its business with the range of drone applications Titan is capable of,Facebook may be focusing the entire acquisition on one communications application.True,it's only 60 million dollars,but the potential return on the atmosat technology would be whittled down for the forseeable future.Perhaps other firms will be making higher bids for the versatile atmosat.
The Titan drones have potential for multiple other highly beneficial applications,such as asset tracking;maritime traffic monitoring;cosmic radiation and magnetosphere studies;meteorology;oilspill mapping;power line monitoring;crop monitoring;global positioning;search and rescue;fire and floodplain monitoring.Under the reported scenario,Titan's production line would be totally consumed by Facebook's Internet access project,which aims to provide affordable Internet access to five billion people in developing countries.*
Two of the Titan Aerospace models,the Solara 50 and 60,can ascend to a height of over 65,000 feet and stay continuously aloft for five years on solar power,which is provided by panels on their wings and tails.This is zero emission,near-orbital flight at a fraction of the cost of a rocket-launched satellite,and is above the 60,000 foot height of FAA-regulated commercial airspace.
In sum,instead of diversifying its business with the range of drone applications Titan is capable of,Facebook may be focusing the entire acquisition on one communications application.True,it's only 60 million dollars,but the potential return on the atmosat technology would be whittled down for the forseeable future.Perhaps other firms will be making higher bids for the versatile atmosat.
Friday, December 6, 2013
Commentary:Amazon Drones No Time Soon
Those who think they will see urban delivery drones within a few years will have to think again.The drones are being tested,said Craig Berman,Vice President of Global Communications at Amazon.They're still years away.They can carry objects up to five pounds and deliver them in thirty minutes,but there's a lot of work that needs to be done.
It's not science fiction.We see it as something that's viable,but years down the road.With a ten mile radius,they can travel from a fulfillment center to a customer and back.They are robotic aircraft.We would just input GPS coordinates into autonomous vehicles.
We're excited about it.Over 80% of our items weigh less than five pounds.There's gonna be a lot of experimentation.I don't want to get too far ahead.It's really early in the process.*
For instance,they don't have a see and avoidance system yet.It's not possible in five years.We're interested in this from a known location to a known location,delivering vaccines on a lifesaving basis,said Johnathan Downey,CEO of Airware.We're focused on commercial applications such as agriculture and land management.
They are better suited to remote parts of Africa than dense,built-up environments such as US cities.Whether it's books and whether it's Amazon I'm sceptical-certainly about its being in the next three or four years,the Airware chief confided.
There's no platform to build on top of.Sensors and low level electronics are being invented for a common platform for the various applications.There are no regulations yet,either.*
Commercial drones are currently illegal.The FAA says it will carefully develop regulations for remotely piloted drones within several years,not even mentioning autonomous ones.*
It's a powerful concept,but is at the intersection of the two hardest challenges in the drone world today:reliable sense and avoid technology and regulatory approval for autnomous flights over built-up areas,observed Chris Anderson,3D Robotics CEO.*
In sum,Amazon's announcement was a bit premature from both a legal and technical point of view.A ten year time frame for an urban drone seems more reasonable than five years,given that the concept is still in its infancy and the government isn't in a hurry.
It's not science fiction.We see it as something that's viable,but years down the road.With a ten mile radius,they can travel from a fulfillment center to a customer and back.They are robotic aircraft.We would just input GPS coordinates into autonomous vehicles.
We're excited about it.Over 80% of our items weigh less than five pounds.There's gonna be a lot of experimentation.I don't want to get too far ahead.It's really early in the process.*
For instance,they don't have a see and avoidance system yet.It's not possible in five years.We're interested in this from a known location to a known location,delivering vaccines on a lifesaving basis,said Johnathan Downey,CEO of Airware.We're focused on commercial applications such as agriculture and land management.
They are better suited to remote parts of Africa than dense,built-up environments such as US cities.Whether it's books and whether it's Amazon I'm sceptical-certainly about its being in the next three or four years,the Airware chief confided.
There's no platform to build on top of.Sensors and low level electronics are being invented for a common platform for the various applications.There are no regulations yet,either.*
Commercial drones are currently illegal.The FAA says it will carefully develop regulations for remotely piloted drones within several years,not even mentioning autonomous ones.*
It's a powerful concept,but is at the intersection of the two hardest challenges in the drone world today:reliable sense and avoid technology and regulatory approval for autnomous flights over built-up areas,observed Chris Anderson,3D Robotics CEO.*
In sum,Amazon's announcement was a bit premature from both a legal and technical point of view.A ten year time frame for an urban drone seems more reasonable than five years,given that the concept is still in its infancy and the government isn't in a hurry.
Monday, May 27, 2013
ANA Resumes Dreamliner Service;Ford Australia Closes Plants
Boeing's major customer for the new 787 Dreamliner has resumed flights of the aircraft after a four month suspension for safety reasons.All Nippon Airways completed the first of five May flights with the 787 Sunday after extensive battery modifications and testing.Full service will resume on June 1.
United and Ethiopian Airlines had already restarted Dreamliner service.
The ultra-modern aircraft was grounded in January after both ANA and Japan Airlines 787s experienced battery fires.ANA owns the most 787s of any airline:16,with 36 more on order.
All Nippon CEO Osamu Shinobe said the airline did its own testing in addition to the FAA's evaluation of the modifications.It is a game-changing aircraft in terms of the environment,efficiency and passenger comfort,Mr Shinobe pointed out.
Ford Australia is closing its two manufacturing plants in Victoria state,citing high costs,declining sales and a strong Australian dollar.The plants will be shuttered in October 2016,resulting in the loss of 1200 jobs.Ford has been in Australia since 1925.
Ford Australia CEO Bob Graziano said manufacturing is not viable for Ford in Australia,where its costs are double those in Europe,and nearly four times costs in Asia.Ford Australia has lost 581 million dollars/A 600 million in the last five years.
Australians have been turning to compact cars by overseas carmakers such as Mazda and Hyundai recently.
As well,the strong Australian dollar makes it hard for manufacturers in the country to compete globally,at a time when the Labour government is looking to manufacturing to take up some of the slack from falling mining revenue.
All Nippon Airways(Tokyo:9202),Ford Motor Company(F),Boeing(BA)
United and Ethiopian Airlines had already restarted Dreamliner service.
The ultra-modern aircraft was grounded in January after both ANA and Japan Airlines 787s experienced battery fires.ANA owns the most 787s of any airline:16,with 36 more on order.
All Nippon CEO Osamu Shinobe said the airline did its own testing in addition to the FAA's evaluation of the modifications.It is a game-changing aircraft in terms of the environment,efficiency and passenger comfort,Mr Shinobe pointed out.
Ford Australia is closing its two manufacturing plants in Victoria state,citing high costs,declining sales and a strong Australian dollar.The plants will be shuttered in October 2016,resulting in the loss of 1200 jobs.Ford has been in Australia since 1925.
Ford Australia CEO Bob Graziano said manufacturing is not viable for Ford in Australia,where its costs are double those in Europe,and nearly four times costs in Asia.Ford Australia has lost 581 million dollars/A 600 million in the last five years.
Australians have been turning to compact cars by overseas carmakers such as Mazda and Hyundai recently.
As well,the strong Australian dollar makes it hard for manufacturers in the country to compete globally,at a time when the Labour government is looking to manufacturing to take up some of the slack from falling mining revenue.
All Nippon Airways(Tokyo:9202),Ford Motor Company(F),Boeing(BA)
Monday, August 27, 2012
Honeywell Advances Aircraft Communication
Honeywell International is advancing the way planes communicate with each other,resulting in advantages for both the public and the planet.Honeywell's Aerospace division has developed new pilot software.It enables what are essentially automatic text messages between aircraft.The messages are sent to each aircraft from other aircraft to give a more accurate picture of where everyone is.
Bob Witwer,Vice President of Aerospace Advanced Technology,explained that means that distances between planes can be shortened with a very high degree of safety.The software gives a better sense of situational awareness.The development was made possible by the discovery of communications technology that can do this data exchange,as well as the achievement of raw computing power that enables us to collate all the data.
The FAA has been very strong in this case.It is the first in many improvements that will help aircraft get there faster;save fuel;and protect the environment with lower emissions.We are very confident in this technology,Mr.Witwer said.
Honeywell International has its headquarters in Morristown,New Jersey,and other facilities around the globe.Its operating segments include Aerospace;Automation and Control Solutions;Performance Materials and Technologies;and Transportation Systems.
Honeywell International(HON)
Bob Witwer,Vice President of Aerospace Advanced Technology,explained that means that distances between planes can be shortened with a very high degree of safety.The software gives a better sense of situational awareness.The development was made possible by the discovery of communications technology that can do this data exchange,as well as the achievement of raw computing power that enables us to collate all the data.
The FAA has been very strong in this case.It is the first in many improvements that will help aircraft get there faster;save fuel;and protect the environment with lower emissions.We are very confident in this technology,Mr.Witwer said.
Honeywell International has its headquarters in Morristown,New Jersey,and other facilities around the globe.Its operating segments include Aerospace;Automation and Control Solutions;Performance Materials and Technologies;and Transportation Systems.
Honeywell International(HON)
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