Electric aircraft produced by Rolls-Royce breaks record after topping 387 mph
- According to an announcement on November 19, Rolls-Royce said its all-electric aircraft had reached a maximum speed of 623 km/h or about 387 mph
- The “Spirit of Innovation” is the result of a project called ACCEL, or Accelerating the Electrification of Flight
Build Back Better Act to help sell more EVs with tax credits in Infrastructure bill
- Within President Biden’s $1 trillion Infrastructure law, $7.5 billion will go to selling more EVs and integrating better EV infrastructure’
- In the act, tax incentives of up to $12,500 per vehicle are expected to increase customer demand
Mensa Brands is now a billion-dollar company just 6 months after start-up
- A start-up in India called “Mensa Brands” has become profitable within just 6 months after its launch
- The company is currently the fastest company in India’s history to reach a $1 billion valuation
- Mensa Brands operates by acquiring digital-first brands and scaling them domestically and overseas and currently has 12 brands across fashion home and beauty and personal care
Telesat appears on the Nasdaq at $41.52 a share
- A Canadian satellite communications company Telesat went public on the Nasdaq at $41.52 per share
- Telesat’s core growth project is the low Earth orbit broadband satellite network it’s building called Lightspeed
