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Bast Fibre Technologies completes CAD$8.5 million series A equity [...] | Comunicati stampa CataniaOggi


20 maggio 2021 13:04
Fonte: Adnkronos
#ambiente
VICTORIA, BC, May 20, 2021 /PRNewswire/  Bast Fibre Technologies (BFT), a cleantech natural fibre engineering company, announces the closing of a CAD$8.5 million (US$7 million) series A equity financing. The Company will now enter its next phase of growth focused on the full-scale manufacturing and commercialization of natural bast fibres for nonwoven products.
US-based private equity firm Merida Capital Holdings is a key new shareholder in this series A financing which also includes significant participation from existing investors.
With this financing under our belt we can complete the final build out of our EU manufacturing site, continue the investment in our feedstock supply chain and enter full-scale commercialization, said CEO Noel Hall. Since our last financing 12 months ago, we now have a large number of customers using our natural bast fibres on commercial production lines, so it is critical that ....

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Delays in completion of new Air Force One as companies squabble


Delays in completion of new Air Force One as companies squabble
CHICAGO, Illinois: The president s new Air Force One will be delayed in being delivered.
Boeing has sued the supplier outfitting the new Air Force One, GDC Technics, claiming they have missed numerous work deadlines.
The first Airforce One being outfitted in a 747-8, is due to be delivered in 2024.
The delay was confirmed this week by a senior Air Force general.
We re going to obviously have to look at the schedule [and] we have to look at it pragmatically. Boeing is working hard, they ve got another supplier identified, we re going to transfer as much of the work on the interiors as possible, said Lt. Gen. Duke Richardson, the Air Force military deputy for acquisition, as quoted by Simply Flying. ....

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