
CubCrafters-Built Aircraft Successfully Lands on Helipad on Iconic Burj Al Arab Hotel in Dubai
Pilot lands Fixed Wing Carbon Cub airplane on a 78-foot diameter helipad located on top of the 56 story building
DUBAI, United Arab Emirates, March 14, 2023 (GLOBE NEWSWIRE) -- via InvestorWire – CubCrafters, in collaboration with Red Bull and extreme sports promotor XDubai, has achieved an unprecedented milestone in aviation by successfully landing a fixed wing Carbon Cub aircraft on the heliport of one of the world's most iconic buildings, the Burj Al Arab hotel, in Dubai, UAE.
The Bulls Eye landing event featured Red Bull Air Race pilot and Carbon Cub owner Luke Czepiela landing a specially modified version of CubCrafters bestselling aircraft on a 27-meter wide helipad suspended 212 meters above sea level atop the 56-story hotel.
“All big moments start with little ideas powered by imagination and the desire to create something special,” stated Patrick Horgan, CubCrafters’ President & CEO. “Red Bull has done many projects over the years that have inspired aviators worldwide, so we were honored to join them on this project to demonstrate the incredible capabilities of the kinds of aircraft our company designs and manufactures."
As Michał Graczyk, Aviation Project Manager for the event explained, “To ensure success, we wanted the airplane best suited to the challenge, and CubCrafters was the obvious choice. They have a long history of innovation and industry leadership, relentless research and development, and an impeccable reputation for the quality of their aircraft. These attributes made us very confident in choosing them as our partner for this event.”
“Throughout the years, CubCrafters’ brand has grown to be synonymous with an adventure lifestyle, and giving pilots the ability to land our airplanes in the most challenging environments is core to our mission,” said Brad Damm, CubCrafters’ Vice President. “This project, two years in the planning and execution, really pushes the limits of what a best-of-class STOL aircraft, and an extremely capable and dedicated pilot, can achieve.”
Renowned bush pilot, aviation engineer, and YouTube personality, Mike Patey, also joined the CubCrafters technical team for the project. Mike, a Carbon Cub owner himself, customized some of the aircraft's features to help ensure a successful outcome. "It was a pretty simple formula. We cut weight, changed the C.G. to increase the effectiveness of the brakes, and added extra horsepower,” said Mike. "I'm really proud of how the airplane performed. The Carbon Cub was a great choice to start with, and we made it even better for this event."
“Working with CubCrafters and Mike Patey to prepare the airplane for this event has been a true pleasure,” declared pilot Luke Czepiela. “During the training and preparation, I developed full confidence in the aircraft and its unique capabilities that enabled me to successfully accomplish this mission.”
Full details about the project, the aircraft, and the team that pulled it off can be found at: https://cubcrafters.com/redbull
SPECIAL THANKS TO
Special thanks to His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President & Prime Minister of the UAE, and Ruler of Dubai, along with the Government of Dubai, the Dubai CAA, the Jumeirah company, and the Burj Al Arab hotel for the leadership, permissions, and access necessary to make this inspiring aviation project possible.
Media Contact:
brad.damm@cubcrafters.com
Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00b9f53c-1d15-4cf4-96d2-1454bc4989a2
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
COMPLETION OF DIRECTED ISSUE OF 11,577,957 NEW B SHARES AND 250,000 EXISTING TREASURY B SHARES24.3.2023 00:50:07 CET | Press release
Ambu A/S (“Ambu” of the “Company”) has completed its offering of new B shares and existing treasury B shares (together the “Shares”) through an accelerated bookbuilding process (the “Offering”). Further to company announcement no. 6 of 24 March 2023, Ambu has successfully completed an accelerated bookbuild offering of 11,577,957 new B shares and 250,000 existing treasury B shares (in aggregate corresponding to approximately 5.3% of Ambu’s issued B shares), at a sales price of DKK 93 per share, raising gross proceeds to the Company of approximately DKK 1.1 billion. The board of directors of Ambu (the "Board") has today exercised its authorization in Article 9e(2) in Ambu’s Articles of Association, pursuant to which the Board is authorised to make share capital increases without pre-emption rights for the existing shareholders at a price not lower than market price, to increase Ambu's share capital by issue of 11,577,957 new B shares at a subscription price of DKK 93 per new B share. The
Årsrapport 202223.3.2023 22:58:17 CET | pressemeddelelse
Selskabsmeddelelse nr. 2 – 2023 København, den 23. marts 2023 Årsrapport 2022 Bestyrelsen i NTR Holding A/S har i dag behandlet og godkendt Selskabets årsrapport for regnskabsåret 2022. Årsrapporten har følgende hovedpunkter: NTR Holding koncernens salg af Daniamant A/S og Daniamant Ltd. blev gennemført den 31. januar 2022. Hovedparten af provenuet fra salget af Daniamant er udbetalt som udbytte. NTR Holding A/S har således i 2022 udbetalt udbytte på i alt DKK 49 pr. aktie, svarende til et samlet udbytte på DKK 121 mio. Bestyrelsen foreslår, at der ikke udloddes yderligere udbytte for 2022. Koncernens resultat af primær drift udviser et underskud på DKK 2,5 mio. (DKK -1,9 mio. i 2021), hvilket er i overensstemmelse med de senest udmeldte resultatforventninger. Koncernens totalindkomst udgør DKK 1,1 mio. Egenkapitalen udgør DKK 12,9 mio., svarende til en indre værdi pr. aktie på DKK 5,2. Bestyrelsen vil fortsat sondere NTR Holding A/S’ strategiske muligheder, herunder for at kapitaliser
Millicom (Tigo) announces a change in the Nomination Committee ahead of the 2023 Annual General Meeting23.3.2023 22:40:00 CET | Press release
Millicom (Tigo) announces a change in the Nomination Committee ahead of the 2023 Annual General Meeting Luxembourg, March 23, 2023 – The Nomination Committee of Millicom International Cellular S.A. (“Millicom”) announces that Mr. Nicolas Jaeger appointed by Atlas Luxco S.àr.l., has joined the Nomination Committee of Millicom. On March 17, 2023, Atlas Luxco S.àr.l. reported that it holds a 20% shareholding in Millicom. On March 23, 2023 Mr. Nicolas Jaeger joined the Nomination Committee. The Nomination Committee comprises Jan Dworsky, appointed by Swedbank Robur Funds; Viktor Kockberg, appointed by Nordea Investment Funds; Staley Cates, appointed by Southeastern Asset Management, Gerardo Zamorano appointed by Brandes Investment Partners, and Nicolas Jaeger appointed by Atlas Luxco S.àr.l., as well as the Chairman of Millicom’s Board of Directors, José Antonio Ríos García. Information about the work of the Nomination Committee can be found on Millicom’s website. Shareholders wishing to p
GreenMobility issues warrants23.3.2023 22:40:00 CET | Press release
Company Announcement no. 121– 2023 Copenhagen, March23rd, 2023 GreenMobility issues warrants The Board of Directors of GreenMobility A/S S (“GreenMobility” or the “Company”), has today resolved to grant warrants in the Company for the purpose of: Ensuring that shareholders, the Executive Management and other management employees of the Company have the same interests, and that everyone makes a special effort for the value creation in the Company and its subsidiaries.Retaining the Executive Management and management employees of the Company.Granting warrants to the Board of Directors as authorized at the 2021 Annual General Meeting but not yet granted Warrants granted will generally be subject to the existing warrant programs as publicized in company announcement no. 41 on November 19th, 2019 and in company announcement no. 64 on September 29th 2020 with certain deviations. The total issuance of warrants is in accordance with the resolutions passed at the Annual General Meetings held on
Inventiva announces the schedule of publication and presentation of its 2022 Full-Year Financial Results23.3.2023 22:00:00 CET | Press release
Daix (France), Long Island City (New York, United States), March 23, 2023 – Inventiva (Euronext Paris and Nasdaq: IVA) (the “Company”), a clinical-stage biopharmaceutical company focused on the development of oral small molecule therapies for the treatment of patients with non-alcoholic steatohepatitis (NASH) and other diseases with significant unmet medical needs, today announced that its management team will host a webcast to present the Company’s 2022 full-year financial results on Thursday, March 30, 2023. Inventiva’s 2022 full-year financial results will be published on Wednesday, March 29, 2023 at 4:00 pm (New York), 10:00 pm (Paris). Frédéric Cren, Chairman, CEO and cofounder of Inventiva, Pierre Broqua, Chief Scientific Officer and cofounder of Inventiva, Jean Volatier, Chief Financial Officer of Inventiva, and Michael Cooreman, Chief Medical Officer of Inventiva, will hold a conference call in English, followed by a Q&A session, onThursday, March 30, 2023, at8:00 am (New York)