![]() The scale model allows test data to be generated that is representative of the full-scale aircraft in all phases of flight.Īlastair McIntosh, Chief Technology Officer at Lilium stated: “This is an important step in our aircraft program and it is very exciting to see this large-scale Lilium Jet model with working engines and wing flaps. ![]() The testing will provide Lilium with a comprehensive aerodynamic dataset to validate its flight physics and performance predictions, covering the complete aircraft flight envelope from hover to cruise. The company has begun wind tunnel testing on a complete 1 to 2.5 scale Lilium Jet model, including working engines and flap actuators, at the German-Dutch Wind Tunnels (DNW) facility in Marknesse, Netherlands. For more information visit Lilium (NASDAQ: LILM), the developer of the first all-electric vertical take-off and landing jet, has reached a significant development milestone. Shares of Li-Cycle trade on the NYSE under the ticker symbol LICY. Li-Cycle leverages its innovative Spoke & Hub Technologies to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of battery-grade materials. Tim Johnston, co-founder and Executive Chair, Li-Cycle stated: “The planned Portovesme Hub is a landmark project for Europe’s battery recycling industry and is expected to be the largest source of recycled battery-grade lithium on the Continent.” Upon reaching a final investment decision, construction of the hub will commence, with the commissioning phase expected to begin in late 2026 or early 2027. Within the next 60 days, Li-Cycle and Glencore will embark on a definitive feasibility study (DFS) for the Portovesme Hub, which is anticipated to conclude by mid-2024. The black mass, sourced from Li-Cycle's expanding Spoke network in Europe and Glencore's commercial network, will be treated using hydrometallurgical processes. ![]() Once operational, the Portovesme Hub is projected to process up to 50,000 to 70,000 tonnes of black mass annually, equivalent to approximately 36 GWh of lithium-ion batteries. For more information visit Li-Cycle (NYSE: LICY), an industry leader in lithium-ion battery resource recovery, and Glencore International AG have announced their collaboration to explore the feasibility of establishing a Hub facility in Portovesme, Italy. Shares of LanzaTech Global trade on the NASDAQ under the ticker symbol LNZA. Headquartered in Illinois, LanzaTech’s goal is to challenge and change the way the world uses carbon, enabling a new circular carbon economy where carbon is reused rather than wasted. ![]() Jennifer Holmgren, LanzaTech’s CEO stated: “We’re energized by this partnership’s ability to help decarbonize one of the largest energy providers in the world, enabling them to showcase this real-world application to peers in the industry.” By leveraging waste gasses, including carbon monoxide, hydrogen, and carbon dioxide, the partnership envisions the production of carbon-negative acetone and isopropanol. The goal of this partnership is to accelerate progress towards a circular economy and achieve net-zero energy sourcing. By harnessing the power of these bacteria, LanzaTech is able to convert the waste carbon into valuable CarbonSmart™ chemical intermediates. LanzaTech's carbon capture technology is centered around a revolutionary concept-using specially engineered bacteria to consume carbon-rich waste streams from various sources, including oil, gas, and manufacturing facilities. LanzaTech Global (NASDAQ: LNZA), an innovative carbon capture company that converts waste carbon into materials such as sustainable fuels and fabrics, has joined forces with ADNOC to pioneer groundbreaking technology solutions aimed at reducing the carbon footprint of the oil industry while simultaneously producing sustainable fuels and chemicals.
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