Sydney, Australia, February 19, 2024 – Australian zero emission aircraft designer and manufacturer AMSL Aero today welcomes the Australian Government’s move to back the development of its zero-emission aircraft Vertiia to fight bushfires autonomously in an effective, efficient way that keeps firefighters safer and enables nighttime firefighting.
AMSL Aero will use the A$3 million in funding from the Cooperative Research Centres’ Projects program to develop a remotely piloted version of Vertiia, the world’s most efficient long range zero emissions electric Vertical Take Off and Landing (VTOL) aircraft, that is capable of effectively spraying preventative fire retardant and dropping hundreds of litres of water.
AMSL Aero will work with its partners to develop a method of operating autonomous remotely piloted VTOLs for aerial firefighting, modify a prototype Vertiia for use as zero emissions low-cost firefighting aircraft, meet regulatory requirements, and test the aircraft in regional Australia. Its partners on the project are The University of Sydney, leading robotics company Mission Systems and Australian firefighting aviation operator Pay’s Air Service, which conducts firefighting operations in Australia and Europe every year, including in Greece, where it recently fought fires for NATO.
Alpha Trains and Stadler Rail AG (Swiss: SRAIL) have signed a contract for the purchase of 12 EURO9000 locomotives. This is the first order of this latest generation of six-axle hybrid multi-system locomotives by Alpha Trains. Scheduled for delivery in 2025 and 2026, these state-of-the-art locomotives will be built at Stadler’s factory in Valencia, Spain.
The project is funded with a total of 15 million Euros by the German Federal Ministry for Digital and Transport (BMDV) as part of the BMDV’s rail funding guideline. The funding guideline is coordinated by NOW GmbH and implemented by Project Management Jülich (PtJ).
The multisystem electric EURO9000 locomotives are also equipped with diesel power units. They enable rail freight operations on AC and DC electrified lines and on non-electrified track sections, even on international routes with mixed traffic. With their advanced traction capabilities and their high-performance, they are ideal for a wide range of freight services and perfectly complement Alpha Trains’ large and diverse portfolio. By investing in efficient and innovative alternative propulsion vehicles, Alpha Trains is helping to reduce diesel consumption and thus improves the sustainability of rail freight.
Rolls-Royce (LSE: RR.L) announced today that following a successful equity raise, the Rolls-Royce Small Modular Reactor (SMR) business has today been established, to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology.
Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited will invest £195m across a period of around three years. The funding will enable the business to secure grant funding of £210 million from UK Research and Innovation funding, first announced by the UK Prime Minister in ‘The Ten Point Plan for a Green Industrial Revolution’. Today’s announcement is another step towards the delivery of the Government’s net zero strategy and its 10-point plan.
The business, which will continue to seek further investment, will now proceed rapidly with a range of parallel delivery activities, including entry to the UK Generic Design Assessment (GDA) process and identifying sites for the factories which will manufacture the modules that enable on-site assembly of the power plants. Discussions will also continue with the UK Government on identifying the delivery models that will enable long-term investment in this vital, net-zero enabling technology. Rolls-Royce SMR is engaging with export customers across many continents who need this technology to meet their own net zero commitments.
Rolls-Royce SMR is using proven nuclear technology, coupled with a unique factory-made module manufacturing and on-site assembly system, to harness decades of British engineering, design and manufacturing knowhow. It brings together the best of UK industry to ensure a decarbonisation solution that will be available to the UK grid in the early 2030s. The potential for this to be a leading global export for the UK is unprecedented.
Nine-tenths of an individual Rolls-Royce SMR power plant will be built or assembled in factory conditions and around 80% could be delivered by a UK supply chain – a unique offering in energy infrastructure in the UK. Much of the venture’s investment is expected to be focused in the North of the UK, where there is significant existing nuclear expertise
A single Rolls-Royce SMR power station will occupy the footprint of two football pitches and power approximately one million homes. It can support both on-grid electricity and a range of off-grid clean energy solutions, enabling the decarbonisation of industrial processes and the production of clean fuels, such as sustainable aviation fuels (SAF) and green hydrogen, to support the energy transition in the wider heat and transportation sectors.
Rolls-Royce (London: RR.L) has been awarded funding by the UK Ministry of Defence (MOD) to further develop and demonstrate the Artificial Chief Engineer® technology – an autonomous machinery control system which allows Naval vessels to undertake long endurance missions with less human interaction.
Developed by Rolls-Royce, Artificial Chief Engineer® is a critical enabler for autonomous missions by acting as the equivalent of the engineering department responsible for the health and the operation of an unmanned vessel’s machinery. Navies intend to increase their use of optionally-manned and unmanned vessels to project power further for less cost by reducing reliance on manpower, allowing higher-risk or longer-endurance missions, and by lowering the procurement and operating costs of future platforms.
The funding to continue the development, has been awarded under the UK MOD’s Defence and Security Accelerator Intelligent Ship Phase Two programme, which is used to de-risk and evaluate technologies and approaches to enhance the armed forces’ technical advantage.
Rapid growth in automation, autonomy, machine learning and artificial intelligence (AI) has prompted the need to investigate how human-machine teaming can effectively take place. This 16-month programme aims to investigate how effective human-AI collaboration can be best exploited to improve decision-making and planning within complex operating environments.
Artificial Chief Engineer is an on-board, secure, decision-making control system designed to intelligently operate the machinery of lean-manned and unmanned naval vessels. The technology makes condition-based decisions about how best to operate the machinery – including the engines, propulsion system, electrical network and fuel system – using algorithms to optimise the ship for maximum efficiency, lowest noise, top speed or to preserve damaged equipment as required by the ship’s mission. This reduces the workload of remote operators and allows increased mission and system complexity in future unmanned ship designs.
Intelligent Ship is a Defence Science and Technology Laboratory (Dstl) project to develop novel and innovative technologies and concepts to facilitate the use of intelligent systems within future platforms, with potential for utilisation across defence. The aim is to de-risk and evaluate technologies and approaches to enable revolutionary future platform, fleet, and cross-domain concepts to enhance UK military advantage.
Wrapping around the Artificial Chief Engineer project will be Rolls-Royce’s Aletheia FrameworkTM. This is a ground-breaking standard it has developed to ensure that before artificial intelligence is used all ethical considerations have been fully assessed, and that once an AI is deployed, its decisions are trustworthy. The Aletheia Framework is as part of a campaign led by Rolls-Royce to improve public trust in artificial intelligence so that its full potential can be realized for good across the world.
KiwiRail and the Supporting Growth Alliance (Auckland Transport and Waka Kotahi) have today confirmed their proposed sites for three new stations in southern Auckland and will now begin more detailed consultation with stakeholders about their development.
Over the next 30 years, an extra 120,000 people are expected to live in the area, which will also have 40,000 new houses and 38,000 new jobs. The development of the new stations and their associated facilities will be staged over time to coincide with demands from developments feeding each location.
KiwiRail has been given funding through the Government’s NZ Upgrade Programme for the first phase of development.
The locations for the new stations are designed to maximise connections with future town centres, new housing, and other public transport routes.
The aim is ensure the wider area has a robust public transport system to enable long-term housing and business growth. Other factors considered included the existing railway track alignment, the distance between stations, and environmental and ecological features.
The fully developed stations will have a bus interchange and Park & Ride facilities along with other infrastructure. We are working to confirm the exact footprint which will be needed for the associated facilities for the fully developed stations and will then begin the process of protecting the land.
Waka Kotahi National Manager System Design Robyn Elston says: “We are focusing on how longer-term road and rail projects can give people more connected public transport choices and help them move around safely and easily. We’re looking forward to talking to communities about how to make these projects happen.”
The planned railway stations are part of the $2.39 billion of transport improvements in southern Auckland that Waka Kotahi and KiwiRail are delivering as part of the Government’s New Zealand Upgrade Programme.
Other improvements will include SH1 Papakura to Drury South, Mill Road and Papakura to Pukekohe rail electrification. They are part of a longer term transport network being investigated and delivered to support growth in south Auckland.
Public information sessions on the rail developments in Southern Auckland are being held in Drury on February 18th and Pukekohe on February 20th.
The proposed locations for the three stations are:
Drury Central will be located on the existing rail line south of Waihoehoe Road, between Flanagan and Great South Roads.
Drury West will be located on the existing rail line, about 450 m south of the existing intersection of SH22 / Karaka Road and Jesmond Road.
Paerata will be located on the existing rail line, adjacent to the planned eastern extent of the Paerata Rise development.
The COVID-19 pandemic had a significant impact on KiwiRail’s bottom line for the past financial year, but rigorous operational changes and cost savings measures have helped stabilise the business, KiwiRail chairman Brian Corban says.
KiwiRail Holdings Limited, New Zealand’s national rail provider, which also operates the Interislander ferry service across Cook Strait, today reported an operating surplus of $40 million1in FY20 for the KiwiRail Group, down $15 million compared with FY192.
FY20 was also notable for the additional $1.2 billion of Crown funding allocated in Budget 2020, including $400 million to progress the iReX project to replace the three ageing Interislander ferries with two brand new ones. When they arrive, they will be the first new purpose-built ferries in Interislander’s fleet for 25 years. The Budget 2020 allocation also allows the purchase of new locomotives.
Mr Miller explains that COVID-19 interrupted progress on some significant projects including the rejuvenation of the North Auckland Line where $35.5 million of $164.5 million allocated by the Provincial Growth Fund was spent during the year. More than 400 staff, contractors and sub-contractors are at work building tracks, replacing bridges and making tunnels suitable for wagons carrying hi-cube containers in Northland.
Other highlights during the year included the full return to service of the Main North line through Kaikōura and, in Wellington, work advanced on upgrading the metro network including construction starting on a second 2.7km track between Trentham and Upper Hutt.
1 Operating surplus represents earnings before depreciation & amortisation, interest, impairment, capital grants and fair value changes.
2 FY19 Operating surplus of $55m excludes impact of non-recurring items ($29m Holidays Act remediation).
Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act).
The Loan Agreement provided a secured term loan facility of up to $200 million. On October 30, 2020, Mesa borrowed $43 million under the facility and today, completed a second closing to borrow an additional $152 million. These funds may be used for general corporate purposes and operating expenses, to the extent permitted by the CARES Act.
“I’d like to again express my sincere gratitude to everyone involved in making this deal happen. Our people have been working very hard to ensure Mesa and its employees are prepared to weather this storm”, said Jonathan Ornstein, Chairman and Chief Executive Officer. “These additional funds will substantially benefit our airline and the communities we serve as we continue to navigate the obstacles created by the pandemic”.
In connection with the additional $152 million drawn under the facility, Mesa issued warrants to the U.S. Treasury to purchase 3,819,095 shares of common stock, no par value. The Warrants have a five-year term from the date issued, were issued pursuant to the Warrant Agreement, and have substantially identical terms to the warrants issued on the initial closing.
FILE PHOTO: The logo of Airbus is pictured at the entrance of the Airbus facility in Bouguenais, near Nantes, France, July 2, 2020. REUTERS/Stephane Mahe/File Photo
TOULOUSE, France (Reuters) – Major French unions on Monday signed a keenly awaited labor deal with Europe’s Airbus <EADSY> covering job reductions and furloughs for production workers affected by coronavirus-blighted demand for passenger jets.
After three months of talks, unions representing a majority of the planemaker’s French workers signed an agreement paving the way for 4,200 job reductions in France, including 3,400 in Toulouse, Europe’s aerospace capital where Airbus is based.
Unions say the agreement will prevent compulsory redundancies, although Chief Executive Guillaume Faury recently warned staff that voluntary measures would not be enough.
Following regular discussion with Congress about our federal funding needs for Fiscal Year 2021, Amtrak submitted a letter to Congress formalizing our ongoing request for up to $4.857 billion this fiscal year for Amtrak and our partners.
From the letter, Amtrak President and CEO Bill Flynn notes “we have seen that our ridership is not returning as quickly or at the levels that we had hoped for, and we updated our forecast for FY 21. We now anticipate needing up to $4.857 billion in FY21 to support the company and our employees through this unprecedented situation.”
Additionally, as Congress considers programs for stimulating the economy, Amtrak has identified $5.193 billion in additional investments as part of an economic recovery proposal to help the nation recover from the impacts of the pandemic, for a total federal investment of $10.050 billion. This includes critical projects, such as replacing bridges and tunnels on the Northeast Corridor, new fleet, infrastructure improvements throughout our national network, and major station improvements. If this additional $5.193 billion investment is made, Amtrak anticipates that, based on various transportation studies, more than 75,000 jobs could be created, while building for the future needs of America’s traveling public.
Business remains at about 25% of pre-COVID levels. Based on our current forecast, our FY 2021 ridership and revenue are forecasted to improve to about 40% of pre-COVID levels, which is weaker than anticipated.
If we do not get additional funding, potential impacts on customers, employees and projects include the reduction of corridor trains as state partners are forced to suspend service, and the deferment of numerous capital projects and procurement critical to the railroad, both of which could result in a corresponding loss of an additional 2,400 in total jobs.
“To manage this situation, Amtrak will work to adjust its operating and capital spending plans during this short term CR, with the aim of minimizing further impacts on our customers and employees. However, if the FY 20 funding level is extended beyond December 11, 2020 and supplemental funding has not yet been provided, we will be unable to avoid more drastic impacts that could have long lasting effects on our Northeast Corridor infrastructure and the national rail system,” said Flynn in the letter.
All KiwiRail’s long distance scenic services will be back this summer, giving New Zealanders the opportunity to see their spectacular country from the comfort of a train.
“When New Zealand went into its Level 4 Covid lockdown at the end of March, all our scenic trains stopped running and we needed to gauge the market and plan the services’ return,” KiwiRail Group Chief Executive Greg Miller says.
“We also had to carry out maintenance work on the carriages we use, and that work was delayed by the Covid lockdown. We prioritised the TranzAlpine, which runs between Christchurch and Greymouth, so it was the first service to resume.
“We have now reached the stage where we are able to announce plans to also re-start the Coastal Pacific and Northern Explorer.
“A record winter school holidays on Interislander and a highly successful winter promotion of the TranzAlpine gives us the confidence that the public will support these tourism trains which will be back in time for the summer holidays.”
The Coastal Pacific runs from spring to autumn, offering vistas of the spectacular coastline between Picton and Christchurch, via Kaikoura, during a five-hour journey.
The Northern Explorer runs between Auckland and Wellington over more than 10 hours, taking in views of Mts Tongariro, Ngāuruhoe and Ruapehu, as well as twisting through the famed Raurimu Spiral and stopping briefly in Palmerston North, Ohakune, National Park and Hamilton.
“Pre Covid, rail touring was enjoying a resurgence throughout the world and, with the support of a promised $80 million of Government funding, KiwiRail was planning an ambitious upgrade of its scenic fleet and services,” Mr Miller says.
“The indefinite closure of New Zealand’s borders to international tourists, and the re-purposing by the Government of some of the proposed funding means that, for now, we are hibernating some of those plans and instead concentrating on designing viable timetables and services for the domestic market.
“New Zealanders can be assured that the scenery has not changed, and nor has the warmth of the welcome from KiwiRail’s staff who are eager to be back on track.
“Bookings are already open for our premier service, the TranzAlpine, running from Christchurch to Greymouth and same-day return, on Fridays, Saturdays, Sundays and Mondays. From September, customers will be able to enjoy the traditional Scenic class seats or pay extra to try a new Scenic-Plus class, which includes enhanced personal food and beverage service at your table.
“In spring, the Coastal Pacific will resume travelling from Christchurch to Picton each Tuesday, Wednesday, and Thursday morning, with a return service the same afternoon.
“Because the Northern Explorer has competition from airlines on the same route and is a much longer trip which is more difficult to make financially sustainable for KiwiRail, there has been speculation over its return.
“We’re pleased to announce that it’s coming back and we are currently working on the timetable, crewing and ticket prices and anticipate it resuming prior to the summer season.
“It looks like all New Zealanders will be holidaying at home this summer and as people plan their breaks, we urge them to demonstrate their support for environmentally friendly travel and choose to sit back and connect with the landscape on their national rail network.
“We will monitor the popularity and profitability of the three scenic services over summer, while also looking at additional destinations and opportunities.
“In addition to these scheduled services, we are looking to expand our fleet to offer enhanced charter services throughout the year.
“Despite uncertainties in the current market, KiwiRail is committed to playing a long-term, vital role in New Zealand’s tourism sector and we are looking forward to rolling out our fleet again.”
Bookings for the TranzAlpine are currently open from September 4 till the end of November, operating four-day weekends (Friday-Monday) and every day during the school holidays from Friday, September 25 to Monday October 12. Bookings for the TranzAlpine from December, and for the Coastal Pacific and Northern Explorer, will open in the next few weeks.
