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Eurohold Bulgaria secures $31 mln funding commitment from Gem Global Yield Eurohold/All rights reserved. SOFIA (Bulgaria), March 8 (SeeNews) - Financial and insurance group Eurohold Bulgaria [BUL:EUBG] said on Monday that it has signed an agreement securing a $31 million (26 mln euro) funding commitment from Luxembourg-based Gem Global Yield. Gem Global Yield will make an equity investment in Eurohold, allowing it to acquire a stake in the company, Eurohold said in a stock exchange filing. The funds will be used to partially finance the acquisition of the assets of Czech ene...

Skyworks Aeronautics plans to resurrect gyrodynes for the eVTOL age Skyworks Aeronautics Skyworks Aeronautics Skyworks Aeronautics 3/8 A free-spinning top rotor provides lift, and a rear pusher prop gives the gyrodyne forward motion. The top rotor can be powered for VTOL operations. Skyworks Aeronautics 4/8 Large "GyroLiners" reminiscent of the 1950s-era Fairey Rotodyne could carry as many as 100 passengers in inter-city VTOL operations Skyworks Aeronautics 5/8 This fairly uninspiring render is the only hint we get so far at what a Skywo...

February 6, 2021 aviationfinance & economy Skyworks Aeronautics Announces $100 Million Investment Commitment from GEM as Company Seeks to Go Public in Coming Months Skyworks Aeronautics Corp. today announced a $100 million investment commitment from GEM Global Yield LLC SCS (GEM), the Luxembourg based private alternative investment group. Under the agreement, GEM will provide Skyworks Aeronautics with a Share Subscription Facility of up to $100 million for a 36-month term following a public listing of the Skyworks Aeronautics common stock. Skyworks Aeronautics will cont...

Press release content from Business Wire. The AP news staff was not involved in its creation. Novaremed Secures US $50 Million Capital Commitment from Global Emerging Markets January 28, 2021 GMT BASEL, Switzerland--(BUSINESS WIRE)--Jan 28, 2021-- Novaremed AG (Novaremed), a clinical-stage Swiss biopharmaceutical company, announced today that it has signed an agreement with GEM Global Yield LLC SCS (GEM), a Luxembourg-based private, alternative investment group for a US $50 million capital commitment. Under the agreement, GEM commits to provide Novaremed with a share subscription facility of ...

Press release content from Accesswire. The AP news staff was not involved in its creation.