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Tritium charges to $2b Nasdaq listing


Tritium charges to $2b Nasdaq listing
May 26, 2021 – 8.40pm
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Home-grown electric vehicle fast-charger Tritium, backed by coal entrepreneurs Trevor St Baker and Brian Flannery, is set for a “double unicorn” listing on NASDAQ after signing a deal with a so-called blank cheque company in the US that looks set to put a rocket under its growth ambitions.
The deal with Decarbonization Plus Acquisition Corporation II, a special purpose acquisition company, will allow Brisbane-based Tritium to go public with an enterprise value of about $2.2 billion and armed with about $390 million on the balance sheet.
Tritium CEO Jane Hunter and co-founder David Finn are confident of rapid growth for the EV fast-charger manufacturer.  ....

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America's Skunk Works: The Innovators That Made Stealth Technology Possible


America s Skunk Works: The Innovators That Made Stealth Technology Possible
Its origins show how American and immigrant know-how helped the United States beat the Nazis and how high-tech inventions could help win the Cold War.
Here s What You Need To Remember: The Skunk Works and it s founder s innovation-focused approach made an invaluable contribution to an understanding in sectors ranging well beyond military aviation that groundbreaking achievements sometimes require allowing a small team of brilliant thinkers to assume more risk and responsibility.
In June 1943, aeronautical engineer Clarence “Kelly” Johnson received a momentous request. The Nazis were only a year away from deploying the first operational jet fighter into service in World War II, which would have a tremendous speed advantage over Allied piston-engine fighters. The Pentagon wanted Johnson to develop an operational jet fighter, using then-new turbojet engines as quickly as possible and it ....

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