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Pixelworks Reports Second Quarter 2025 Financial Results

  • Electra.aero, Surf Air Mobility, and Virginia Tech completed the first public demonstrations of Electra's Ultra Short aircraft capabilities in August 2025 in Virginia.
  • These demonstrations followed years of development and partnerships aimed at commercializing hybrid-electric aircraft to improve regional air mobility and reduce reliance on large airports.
  • The demonstrations showcased aircraft takeoffs and landings within 150 feet using hybrid-electric propulsion and highlighted operational flexibility in real-world non-airport environments.
  • Electra's EL9 Ultra Short has received pre-orders totaling more than 2,200 units from upwards of 60 operators and is reported by CEO Marc Allen and Eric Paterson to function at one-third the expense of helicopters while generating noise at a level 100 times lower.
  • This milestone advances Electra's commercialization efforts and suggests Ultra Short technology could transform aviation by enabling faster, quieter, and more accessible regional air travel.
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Northland Power Reports Second Quarter 2025 Results

TORONTO, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three...

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Hometown Source broke the news in on Monday, August 11, 2025.
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