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Electric Air Taxis, Synthetic Graphite, and The Bitcoin Rewards Company Going Public

Uncovering the world’s most exciting early stage companies. Discover what’s next.

Electric Air Taxis Could Be Coming Sooner Than Most People Think

Archer Aviation (NYSE: ACHR) and Southwest Airlines (NYSE: LUV) have formed a new partnership focused on accelerating the development of regional networks for electric air taxis in the United States. Electric air taxis have been on the rise recently, with major cities such as Dubai beginning to form plans for large scale electric air taxi infrastructure and startups securing venture capital funding for building out disruptive new electric air taxis that are capable of flying hundreds of kilometres in a single trip.

Lucid Motors Is Securing Synthetic Graphite Supply

Graphite One (TSXV: GPH) has entered into a new supply deal with electric vehicle manufacturer Lucid Group (NASDAQ: LCID) for anode active materials that are used in new battery production, marking the first ever commercial deal to happen for synthetic graphite between a United States based graphene producer and a electric vehicle company. On average, an electric vehicle needs 50-100 kg of graphite in its battery pack, approximately double the amount of lithium required.

A Bitcoin Rewards Company Is Going Public On Nasdaq

Fold has announced they will go public on the Nasdaq through a SPAC transaction that values the company at approximately $365 million. Fold holds $67 million worth of Bitcoin, has processed $2 billion in total transaction volume, and has distributed more than $45 million in Bitcoin rewards to users since inception.

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