Boeing says it has completed a software update for 737 Max anti-stall system linked to fatal crashes

Crash investigators have implicated the system in the Ethiopia crash and another 737 Max crash in October, saying it was triggered by bad data from the sensors. On Thursday, Boeing said it has flown the 737 Max with the updated software for 360 hours on 207 flights. It also, as planned, has provided updating training materials for 737 Max pilots. How the Boeing 737 Max won approval from the FAA is the subject of several federal investigations and others by lawmakers. To date, Boeing has flown th


Crash investigators have implicated the system in the Ethiopia crash and another 737 Max crash in October, saying it was triggered by bad data from the sensors. On Thursday, Boeing said it has flown the 737 Max with the updated software for 360 hours on 207 flights. It also, as planned, has provided updating training materials for 737 Max pilots. How the Boeing 737 Max won approval from the FAA is the subject of several federal investigations and others by lawmakers. To date, Boeing has flown th
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Company: cnbc, Activity: cnbc, Date: 2019-05-16  Authors: leslie josephs
Keywords: news, cnbc, companies, completed, flight, updated, crashes, fatal, linked, max, antistall, crash, pilots, update, mcas, software, boeing, system, 737


Boeing says it has completed a software update for 737 Max anti-stall system linked to fatal crashes

Boeing said Thursday that it has completed a software update for its 737 Max planes, a key step in getting the aircraft flying again after aviation authorities grounded the jets around the world following two fatal crashes.

Boeing said it is planning to work with the Federal Aviation Administration to schedule a certification flight.

Shares of the airplane manufacturer rose after it released its statement, trading up 2.8 percent late in the session.

The nearly 400 Boeing 737 Max planes in airline fleets were grounded by aviation authorities in mid-March after a second deadly crash of the fast-selling plane in less than five months. Investigators in the latest crash, in Ethiopia, have pointed to an automated anti-stall system the that pilots battled in the last minutes of both crashes.

The system, known as MCAS, pushes the plane’s nose down repeatedly if the aircraft’s software senses it is going into a stall. That is a normal position to avoid a stall, but it can be catastrophic if the plane is not actually in a stall. Crash investigators have implicated the system in the Ethiopia crash and another 737 Max crash in October, saying it was triggered by bad data from the sensors.

On Thursday, Boeing said it has flown the 737 Max with the updated software for 360 hours on 207 flights. It also, as planned, has provided updating training materials for 737 Max pilots.

Some pilots complained that they were not told that the MCAS system was even on the planes, until after the October crash of Lion Air Flight 610, which killed all 189 on board. In order to transition from an older model of the Boeing 737 to the 737 Max, pilots said they were given training on a computer or tablet, with some courses that were less than an hour long. MCAS was not mentioned.

Boeing’s lack of disclosure has drawn scrutiny from lawmakers as well as the pilots. FAA’s acting chief, Daniel Elwell, at a House aviation panel’s hearing on Wednesday said the new MCAS system should have been included in pilot manuals.

How the Boeing 737 Max won approval from the FAA is the subject of several federal investigations and others by lawmakers.

Read Boeing’s full statement here:

Boeing has completed development of the updated software for the 737 MAX, along with associated simulator testing and the company’s engineering test flight. To date, Boeing has flown the 737 MAX with updated MCAS software for more than 360 hours on 207 flights. Boeing is now providing additional information to address Federal Aviation Administration (FAA) requests that include detail on how pilots interact with the airplane controls and displays in different flight scenarios. Once the requests are addressed, Boeing will work with the FAA to schedule its certification test flight and submit final certification documentation. “With safety as our clear priority, we have completed all of the engineering test flights for the software update and are preparing for the final certification flight,” said Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg. “We’re committed to providing the FAA and global regulators all the information they need, and to getting it right. We’re making clear and steady progress and are confident that the 737 MAX with updated MCAS software will be one of the safest airplanes ever to fly. The accidents have only intensified our commitment to our values, including safety, quality and integrity, because we know lives depend on what we do.” In addition, Boeing has developed enhanced training and education materials that are now being reviewed with the FAA, global regulators, and airline customers to support return-to-service and longer-term operations. This includes a series of regional customer conferences being conducted around the world.

Correction: This story has been updated to note that Boeing conducted 207 test flights, not 270.


Company: cnbc, Activity: cnbc, Date: 2019-05-16  Authors: leslie josephs
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Boeing CEO says it’s completed 96 test flights with 737 Max software fix

The test flights are one prong of a broad effort by Boeing to get the Max back in the air. Boeing says representatives from two-thirds of the 50 airlines that have the Max in their fleets have tested the new software in a simulator. The company said it will cut Max production by 20% as it works on a software fix to get the jets running again. Investigators suspect that faulty data feeding into the aircraft’s MCAS flight system played a major role in the Indonesia and Ethiopia accidents. Investig


The test flights are one prong of a broad effort by Boeing to get the Max back in the air. Boeing says representatives from two-thirds of the 50 airlines that have the Max in their fleets have tested the new software in a simulator. The company said it will cut Max production by 20% as it works on a software fix to get the jets running again. Investigators suspect that faulty data feeding into the aircraft’s MCAS flight system played a major role in the Indonesia and Ethiopia accidents. Investig
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Company: cnbc, Activity: cnbc, Date: 2019-04-11  Authors: phil lebeau, emma newburger, stephen brashear, getty images
Keywords: news, cnbc, companies, test, completed, system, flights, ceo, 737, software, jets, 96, faa, fix, boeing, max, weeks, flight, grounded


Boeing CEO says it's completed 96 test flights with 737 Max software fix

The test flights are one prong of a broad effort by Boeing to get the Max back in the air. The company is also updating airlines by bringing representatives into flight simulators and showing them how the modified flight control system will feel in the cockpit. Boeing says representatives from two-thirds of the 50 airlines that have the Max in their fleets have tested the new software in a simulator.

“We want everyone to be confident in it and the additional training and educational resources we’re developing and deploying,” Muilenberg said, adding that the last few weeks have been the most “heartwrenching” of his career.

The company will likely submit its plan to fix the Max, which has been grounded since mid-March, to the Federal Aviation Administration and other regulators within the next two weeks, according to people familiar with the matter. Getting those regulators to approve the plan will likely take several more weeks.

“I expect that the airplane is still several weeks away from getting the final seal of approval to be flown again, not so much that the software fix is a problem, but just from an optics standpoint,” said Jeff Guzzetti, former director of the FAA’s accident investigation civision. Guzzetti believes the FAA is stinging from criticism its relationship with Boeing was “too cozy” because the FAA designated Boeing engineers to self-certify parts of the 737 Max before the plane was given final approval in 2017.

Boeing has scrambled to restore faith in its 737 Max after the jet’s anti-stall software was implicated in two crashes in the last five months that killed 346 people and grounded the planes worldwide. The company said it will cut Max production by 20% as it works on a software fix to get the jets running again. They’ve been grounded since mid-March.

Investigators suspect that faulty data feeding into the aircraft’s MCAS flight system played a major role in the Indonesia and Ethiopia accidents. Investigators and lawmakers have scrutinized Boeing’s software system malfunction, from the original design to the training and safety certifications.

When designing the newest Max jets, Boeing allegedly increased the power of the automated system that pushes the plane nose down, making it hard for pilots to regain control of the doomed jets. Changes to the anti-stall system were not fully reviewed by the FAA.

Boeing said Tuesday that deliveries and new orders for all of its 737 jets fell in the first quarter, and earlier in the week, Wall Street analysts downgradedBoeing stock. The company’s shares have have fallen nearly 9 percent in the past month.

WATCH: What the future of FAA oversight may look like


Company: cnbc, Activity: cnbc, Date: 2019-04-11  Authors: phil lebeau, emma newburger, stephen brashear, getty images
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Trump says he is in ‘no rush’ to complete US-China trade deal

U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property, a major sticking point between the two sides during months of negotiations. “I think President Xi saw that I’m somebody that believes in walking when the deal is not done, and you know there’s always a chance it could happen and he probably wouldn’t want that,” Trump said. China has not made any public comment confirming Xi i


U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property, a major sticking point between the two sides during months of negotiations. “I think President Xi saw that I’m somebody that believes in walking when the deal is not done, and you know there’s always a chance it could happen and he probably wouldn’t want that,” Trump said. China has not made any public comment confirming Xi i
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Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: saul loeb, afp, getty images
Keywords: news, cnbc, companies, completed, trade, meeting, uschina, summit, xi, president, property, deal, rush, complete, inperson, trump


Trump says he is in 'no rush' to complete US-China trade deal

U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property, a major sticking point between the two sides during months of negotiations.

Trump and Chinese President Xi Jinping had been expected to hold a summit at the president’s Mar-a-Lago property in Florida later this month, but no date has been set for a meeting and no in-person talks between their trade teams have been held in more than two weeks.

The president, speaking to reporters at the White House, said he thought there was a good chance a deal would be made, in part because China wanted one after suffering from U.S. tariffs on its goods.

But he acknowledged Xi may be wary of coming to a summit without an agreement in hand after seeing Trump end a separate summit in Vietnam with North Korean leader Kim Jong Un without a peace deal.

“I think President Xi saw that I’m somebody that believes in walking when the deal is not done, and you know there’s always a chance it could happen and he probably wouldn’t want that,” Trump said.

China has not made any public comment confirming Xi is considering going to meet Trump in Florida or elsewhere.

The president, who likes to emphasize his own deal-making abilities, said an agreement to end a months-long trade war could be finished ahead of a presidential meeting or completed in-person with his counterpart.

“We could do it either way. We could have the deal completed and come and sign, or we could get the deal almost completed and negotiate some of the final points. I would prefer that,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: saul loeb, afp, getty images
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Pompeo says North Korea nuclear talks to be completed by January 2021

Secretary of State Mike Pompeo said Wednesday that denuclearization negotiations with North Korea will be completed by January 2021. The deadline reflects a commitment from North Korean dictator Kim Jong Un, according to Pompeo. The Pentagon said it is continuing to back the State Department’s efforts on North Korea. “South Korea’s president deserves tremendous credit for doing what looked like the impossible, as talks between the U.S. and North Korea were headed for a dead end. Likewise, we hav


Secretary of State Mike Pompeo said Wednesday that denuclearization negotiations with North Korea will be completed by January 2021. The deadline reflects a commitment from North Korean dictator Kim Jong Un, according to Pompeo. The Pentagon said it is continuing to back the State Department’s efforts on North Korea. “South Korea’s president deserves tremendous credit for doing what looked like the impossible, as talks between the U.S. and North Korea were headed for a dead end. Likewise, we hav
Pompeo says North Korea nuclear talks to be completed by January 2021 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-19  Authors: amanda macias, mike calia, kcna, anthony wallace, pool
Keywords: news, cnbc, companies, 2021, moon, summit, chairman, korea, north, korean, nuclear, kim, completed, president, statement, talks, pompeo, denuclearization


Pompeo says North Korea nuclear talks to be completed by January 2021

Secretary of State Mike Pompeo said Wednesday that denuclearization negotiations with North Korea will be completed by January 2021.

The deadline reflects a commitment from North Korean dictator Kim Jong Un, according to Pompeo.

The chief U.S. diplomat’s statement came a day after South Korean President Moon Jae-in and North Korea’s Kim met in Pyongyang to discuss the next steps in their peace process. It also marks the latest significant development in President Donald Trump’s outreach to Kim following a much-hyped summit in Singapore earlier this year.

The Pentagon said it is continuing to back the State Department’s efforts on North Korea.

“The Department of Defense remains in full support of our diplomats as they work to achieve the final, fully verified denuclearization of the DPRK as agreed to by Chairman Kim,” U.S. Marine Corps Lt. Col. Christopher Logan said in an emailed statement to CNBC.

The White House did not immediately respond to CNBC’s request for comment.

While Trump has taken center stage along with Kim in the ongoing peace process, experts point to the effect South Korea’s president has had on the negotiations.

“I think we can call the recent efforts by South Korea the Moon miracle,” Harry Kazianis, director of defense studies at the Center for the National Interest, told CNBC.

“South Korea’s president deserves tremendous credit for doing what looked like the impossible, as talks between the U.S. and North Korea were headed for a dead end. I think it is clear there is the possibility of a compromise and even another Trump-Kim summit, right before the midterms,” he added.

Read Pompeo’s full statement below:

On the Outcome of Summit Meeting between President Moon and Chairman Kim

The United States congratulates President Moon Jae-in and Chairman Kim Jong Un on the successful outcome of their summit meeting in Pyongyang. We welcome President Moon and Chairman Kim’s reaffirmation of the Singapore joint statement of complete denuclearization of the Korean Peninsula, including the permanent dismantlement of all facilities at Yongbyon in the presence of U.S. and IAEA inspectors. We also welcome Chairman Kim’s decision to complete the previously announced dismantlement of the Tongchang-ri site in the presence of U.S. and international inspectors as a step toward the final fully verified denuclearization of North Korea, as agreed by Chairman Kim at the Singapore summit with President Trump. On the basis of these important commitments, the United States is prepared to engage immediately in negotiations to transform U.S.-DPRK relations. This morning, I invited my counterpart Foreign Minister Ri Yong Ho to meet in New York City next week where we are both already scheduled to be in attendance at the United Nations General Assembly meeting. Likewise, we have invited North Korean representatives to meet our Special Representative for North Korea, Stephen Biegun, in Vienna, Austria at the earliest opportunity. This will mark the beginning of negotiations to transform U.S.-DPRK relations through the process of rapid denuclearization of North Korea, to be completed by January 2021, as committed by Chairman Kim, and to construct a lasting and stable peace regime on the Korean Peninsula.

The latest revelation comes a little more than three months after the reclusive leader from the North sat down for the first time with Trump to discuss denuclearization.

A month after the meeting, the top U.S. military commander on the Korean peninsula said that the material needed for North Korea to make nuclear bombs is still intact.


Company: cnbc, Activity: cnbc, Date: 2018-09-19  Authors: amanda macias, mike calia, kcna, anthony wallace, pool
Keywords: news, cnbc, companies, 2021, moon, summit, chairman, korea, north, korean, nuclear, kim, completed, president, statement, talks, pompeo, denuclearization


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Elizabeth Warren opposes Trump impeachment amid Mueller Russia probe

Sen. Elizabeth Warren may be one of President Donald Trump’s most vocal critics. The Massachusetts Democrat said she wanted to see special counsel Robert Mueller’s Russia investigation come to a close before she draws a conclusion. The former FBI director is looking into Russian efforts to influence the 2016 election and whether the Trump campaign coordinated with the Kremlin. Warren said she gets “worried” about the president trying to fire Mueller when he rages against Mueller or the Justice D


Sen. Elizabeth Warren may be one of President Donald Trump’s most vocal critics. The Massachusetts Democrat said she wanted to see special counsel Robert Mueller’s Russia investigation come to a close before she draws a conclusion. The former FBI director is looking into Russian efforts to influence the 2016 election and whether the Trump campaign coordinated with the Kremlin. Warren said she gets “worried” about the president trying to fire Mueller when he rages against Mueller or the Justice D
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Company: cnbc, Activity: cnbc, Date: 2018-09-14  Authors: jacob pramuk, tom williams, cq-roll call group, getty images, jonathan ernst, cheriss may, nurphoto, adam jeffery, andrew harrer, bloomberg
Keywords: news, cnbc, companies, weve, mueller, russia, opposes, campaign, elizabeth, york, completed, trump, impeachment, worried, probe, warren, president, investigation, amid, yetahead


Elizabeth Warren opposes Trump impeachment amid Mueller Russia probe

Sen. Elizabeth Warren may be one of President Donald Trump’s most vocal critics. But she does not want to boot him out of office, yet.

Ahead of November’s critical midterm elections, billionaire former hedge fund manager Tom Steyer has piled more than $20 million into his campaign to impeach the president. Asked Thursday evening if she agreed with the mega-donor’s effort, Warren answered, “Nope.”

The Massachusetts Democrat said she wanted to see special counsel Robert Mueller’s Russia investigation come to a close before she draws a conclusion. The former FBI director is looking into Russian efforts to influence the 2016 election and whether the Trump campaign coordinated with the Kremlin.

Warren said she gets “worried” about the president trying to fire Mueller when he rages against Mueller or the Justice Department that appointed him. She urged congressional Republicans to take up legislation protecting Mueller.

“The investigation then can be completed, and once the investigation is completed, then we know what we’ve got in front of us,” Warren said during a New York Times TimesTalks event.


Company: cnbc, Activity: cnbc, Date: 2018-09-14  Authors: jacob pramuk, tom williams, cq-roll call group, getty images, jonathan ernst, cheriss may, nurphoto, adam jeffery, andrew harrer, bloomberg
Keywords: news, cnbc, companies, weve, mueller, russia, opposes, campaign, elizabeth, york, completed, trump, impeachment, worried, probe, warren, president, investigation, amid, yetahead


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Airbus’ solar-powered aircraft just flew for a record 26 days straight

A solar-powered aircraft from the European aerospace giant Airbus has completed a maiden flight lasting 25 days, 23 hours, and 57 minutes. An application has been made to confirm the flight as a new world record. The unmanned aircraft, a 75 kilogram Zephyr, offers what Airbus describes as “local satellite-like services” and runs on solar power. Solar-powered aircraft offer an intriguing glimpse of what the future of aviation could eventually look like. In 2016, the Solar Impulse 2, a manned airc


A solar-powered aircraft from the European aerospace giant Airbus has completed a maiden flight lasting 25 days, 23 hours, and 57 minutes. An application has been made to confirm the flight as a new world record. The unmanned aircraft, a 75 kilogram Zephyr, offers what Airbus describes as “local satellite-like services” and runs on solar power. Solar-powered aircraft offer an intriguing glimpse of what the future of aviation could eventually look like. In 2016, the Solar Impulse 2, a manned airc
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Company: cnbc, Activity: cnbc, Date: 2018-08-09  Authors: anmar frangoul, airbus copyright
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Airbus' solar-powered aircraft just flew for a record 26 days straight

A solar-powered aircraft from the European aerospace giant Airbus has completed a maiden flight lasting 25 days, 23 hours, and 57 minutes.

The new Zephyr S HAPS (High Altitude Pseudo-Satellite) took off from Arizona on July 11 and went on to complete “the longest duration flight ever made,” Airbus Defence and Space said in an announcement Wednesday. An application has been made to confirm the flight as a new world record.

The unmanned aircraft, a 75 kilogram Zephyr, offers what Airbus describes as “local satellite-like services” and runs on solar power. It operates in the stratosphere at an average altitude of 70,000 feet and has a wingspan of 25 meters.

“This very successful maiden flight represents a new significant milestone in the Zephyr program, adding a new stratospheric flight endurance record which we hope will be formalized very shortly,” Jana Rosenmann, head of unmanned aerial systems at Airbus, said in a statement.

“We will in the coming days check all engineering data and outputs and start the preparation of additional flights planned for the second half of this year from our new operating site at the Wyndham airfield in Western Australia,” Rosenmann added.

Solar-powered aircraft offer an intriguing glimpse of what the future of aviation could eventually look like. In 2016, the Solar Impulse 2, a manned aircraft powered by the sun, managed to circumnavigate the globe without using fuel. The trip was completed in 17 separate legs.


Company: cnbc, Activity: cnbc, Date: 2018-08-09  Authors: anmar frangoul, airbus copyright
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Chinese investment in the US drops 90% amid political pressure

Counting divestitures, net Chinese deal flow to the U.S. during that time was a negative $7.8 billion, the report said. Completed Chinese deals in the U.S. hit a record $46 billion in 2016, and dropped to $29 billion in 2017, according to Rhodium. Completed Chinese FDI deals in the US* in $ millions (2006-2018)Source: Rhodium Group. In a search for investment opportunities, Chinese companies went on an overseas buying spree in 2015 and 2016. New U.S. tariffs could also give Chinese manufacturers


Counting divestitures, net Chinese deal flow to the U.S. during that time was a negative $7.8 billion, the report said. Completed Chinese deals in the U.S. hit a record $46 billion in 2016, and dropped to $29 billion in 2017, according to Rhodium. Completed Chinese FDI deals in the US* in $ millions (2006-2018)Source: Rhodium Group. In a search for investment opportunities, Chinese companies went on an overseas buying spree in 2015 and 2016. New U.S. tariffs could also give Chinese manufacturers
Chinese investment in the US drops 90% amid political pressure Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-06-20  Authors: evelyn cheng, afp, getty images
Keywords: news, cnbc, companies, political, completed, billion, report, amid, 90, investment, far, months, drops, deals, transactions, chinese, pressure, rhodium


Chinese investment in the US drops 90% amid political pressure

Chinese acquisitions and investments in the U.S. fell 92 percent to just $1.8 billion in the first five months of this year, consulting and research firm Rhodium Group said Tuesday.

Counting divestitures, net Chinese deal flow to the U.S. during that time was a negative $7.8 billion, the report said.

The decline follows a sharp drop in the second half of last year as pressure from both Beijing and the Trump administration curbed a recent surge in cross-border investment. Completed Chinese deals in the U.S. hit a record $46 billion in 2016, and dropped to $29 billion in 2017, according to Rhodium.

Completed Chinese FDI deals in the US* in $ millions (2006-2018)

Source: Rhodium Group. *Includes completed M&A transactions with over 10% resulting stake and greenfield projects that have broken ground. **January to May 2018.

In a search for investment opportunities, Chinese companies went on an overseas buying spree in 2015 and 2016.

But now, China wants to limit capital flight and excessive leverage. The U.S. is worried about intellectual property protection and has increased scrutiny of deals on the basis of national security. The Trump administration has also threatened restrictions on investment based on a “Section 301” investigation, the same study that led to the latest tariff announcements.

As a result, acquisitions worth more than $2 billion in the first five months of this year have fallen apart, Rhodium Group’s Thilo Hanemann said. They include Alibaba-affiliate Ant Financial’s proposed merger with MoneyGram, HNA’s plans to acquire Anthony Scaramucci’s SkyBridge Capital and China-backed fund Sino IC Capital’s efforts to buy semiconductor testing company Xcerra.

“The pipeline of pending M&A transactions remains thinner and the average transaction value far lower than in previous periods,” Hanemann said in the report.

He pointed out that in contrast to the typical hundreds of millions of dollars or more, the average size of Chinese deals in the U.S. so far this year was $46 million.

Big Chinese conglomerates HNA, Anbang and Wanda, are also selling many of their U.S. assets, sending the amount of completed U.S. divestitures to $9.6 billion in the first five months of this year, according to Rhodium. The analysis estimates another $4 billion in sales is pending.

The sales come amid pressure from Beijing for Chinese companies to expand overseas — in matching industries. A criticism of the conglomerates’ many entertainment and real estate deals was their fit with business strategy.

Real estate and entertainment remained among the top three recipients of Chinese capital this year, driven by midsize deals and overseas-listed internet and gaming companies, Rhodium said. But thanks to seven transactions in health and biotech, the industry’s share of overall Chinese deals in the U.S. rose from 9 percent last year to 58 percent so far this year, the report said.

Chinese FDI transactions in the US by industry (% of total)

Source: Rhodium Group

To be sure, the figures on annual changes are small compared with aggregate foreign direct investment in the last two decades and do not contribute much to gross domestic product.

New U.S. tariffs could also give Chinese manufacturers the incentive to produce in America, the Rhodium report pointed out.


Company: cnbc, Activity: cnbc, Date: 2018-06-20  Authors: evelyn cheng, afp, getty images
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SpaceX planning massive expansion of rocket facilities on Florida’s space coast

The company is fresh off the debut of an enhanced version of its Falcon 9 rocket, called Block 5. SpaceX launched and landed its first Falcon 9 Block 5 on May 11, with Musk announcing plans for this new rocket to achieve a host of new milestones for SpaceX, including launching and landing the same rocket twice in 24 hours – as early as next year. SpaceX is aiming for at least 24 launches this year, on pace to shatter its record 18 successful launches completed in 2017. The company has already co


The company is fresh off the debut of an enhanced version of its Falcon 9 rocket, called Block 5. SpaceX launched and landed its first Falcon 9 Block 5 on May 11, with Musk announcing plans for this new rocket to achieve a host of new milestones for SpaceX, including launching and landing the same rocket twice in 24 hours – as early as next year. SpaceX is aiming for at least 24 launches this year, on pace to shatter its record 18 successful launches completed in 2017. The company has already co
SpaceX planning massive expansion of rocket facilities on Florida’s space coast Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-06-08  Authors: michael sheetz
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SpaceX planning massive expansion of rocket facilities on Florida's space coast

“As SpaceX’s launch cadence and manifest for missions from Florida continues to grow, we are seeking to expand our capabilities and streamline operations to launch, land and re-fly our Falcon family of rockets,” SpaceX spokesman James Gleeson said in a statement.

The company is fresh off the debut of an enhanced version of its Falcon 9 rocket, called Block 5. SpaceX launched and landed its first Falcon 9 Block 5 on May 11, with Musk announcing plans for this new rocket to achieve a host of new milestones for SpaceX, including launching and landing the same rocket twice in 24 hours – as early as next year.

SpaceX is aiming for at least 24 launches this year, on pace to shatter its record 18 successful launches completed in 2017. The company has already completed 11 launches – including the debut of Falcon Heavy, the most powerful rocket in the world. President and COO Gwynne Shotwell told CNBC in May the company expects lower demand in 2019, with about the same number of launches expected as 2017.


Company: cnbc, Activity: cnbc, Date: 2018-06-08  Authors: michael sheetz
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This road in Sweden charges electric vehicles as they drive on it

As a part of Sweden’s plan to have a fossil fuel-free transportation system by 2030, the government just completed part of a road near Stockholm that charges electric vehicles as they drive on it. The project — called eRoadArlanda — uses technology similar to overhead cables that charge electric buses and trolleys, but instead is built into the road. When a retrofitted vehicle senses it’s on the electric road, an arm lowers onto the track that charges the car’s battery. eRoadArlanda says the tra


As a part of Sweden’s plan to have a fossil fuel-free transportation system by 2030, the government just completed part of a road near Stockholm that charges electric vehicles as they drive on it. The project — called eRoadArlanda — uses technology similar to overhead cables that charge electric buses and trolleys, but instead is built into the road. When a retrofitted vehicle senses it’s on the electric road, an arm lowers onto the track that charges the car’s battery. eRoadArlanda says the tra
This road in Sweden charges electric vehicles as they drive on it Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-04-24  Authors: darren weaver, magdalena petrova, source
Keywords: news, cnbc, companies, eroadarlanda, works, cars, charges, drive, track, system, buses, completed, sweden, vehicles, electric, road


This road in Sweden charges electric vehicles as they drive on it

As a part of Sweden’s plan to have a fossil fuel-free transportation system by 2030, the government just completed part of a road near Stockholm that charges electric vehicles as they drive on it.

The project — called eRoadArlanda — uses technology similar to overhead cables that charge electric buses and trolleys, but instead is built into the road. When a retrofitted vehicle senses it’s on the electric road, an arm lowers onto the track that charges the car’s battery. eRoadArlanda says the track works in rain or snow. The system is designed to feed heavy truck loads, but will be capable of charging cars and buses as well.

The road will be paid for by billing the driver for the amount of electricity used.

eRoadArlanda has completed 1.25 miles of the electrified road on a public highway as a part of a test, with plans to expand to other parts of the country.


Company: cnbc, Activity: cnbc, Date: 2018-04-24  Authors: darren weaver, magdalena petrova, source
Keywords: news, cnbc, companies, eroadarlanda, works, cars, charges, drive, track, system, buses, completed, sweden, vehicles, electric, road


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GE has completed its first flight test of the world’s largest jet engine

General Electric has conducted its first flight test of the world’s largest-ever jet engine. The GE9X engine lifted off Wednesday, under the wing of GE Aviation’s Boeing 747 flying test-bed in Victorville, California. The engine has approximately the same diameter as the fuselage of a Boeing 737 and houses a 134-inch-diameter front fan, that GE has claimed to be the largest of any commercial engine in production. In a press release, Ted Ingling, the general manager of the GE9X program, said the


General Electric has conducted its first flight test of the world’s largest-ever jet engine. The GE9X engine lifted off Wednesday, under the wing of GE Aviation’s Boeing 747 flying test-bed in Victorville, California. The engine has approximately the same diameter as the fuselage of a Boeing 737 and houses a 134-inch-diameter front fan, that GE has claimed to be the largest of any commercial engine in production. In a press release, Ted Ingling, the general manager of the GE9X program, said the
GE has completed its first flight test of the world’s largest jet engine Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-03-15  Authors: david reid, source, ge aviation, duncan chard, bloomberg, getty images
Keywords: news, cnbc, companies, flight, largest, engine, boeing, test, jet, worlds, general, ge, issue, completed, wing, ge9x


GE has completed its first flight test of the world’s largest jet engine

General Electric has conducted its first flight test of the world’s largest-ever jet engine.

The GE9X engine lifted off Wednesday, under the wing of GE Aviation’s Boeing 747 flying test-bed in Victorville, California.

The test had been delayed from February after engineers discovered a design issue with the turbofan. GE described the issue as minor and that it would not delay the program.

The engine has approximately the same diameter as the fuselage of a Boeing 737 and houses a 134-inch-diameter front fan, that GE has claimed to be the largest of any commercial engine in production.

In a press release, Ted Ingling, the general manager of the GE9X program, said the test flight was “picture perfect,” adding that final engine certification is expected in 2019.

GE is building the GE9X for Boeing’s new 777x long-haul airplane, due to take to the skies in 2020. Almost 700 GE9X engines are already on order.


Company: cnbc, Activity: cnbc, Date: 2018-03-15  Authors: david reid, source, ge aviation, duncan chard, bloomberg, getty images
Keywords: news, cnbc, companies, flight, largest, engine, boeing, test, jet, worlds, general, ge, issue, completed, wing, ge9x


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