PERTH, Australia - An Australian flying car maker has received a $250 million order for its vehicles to be sold in American flying car showrooms. Ace VTOL in Perth, Australia, announced the order for its flagship personal eVTOL (electric vertical and takeoff and landing) aircraft from Aeroauto in West Palm Beach, Florida. The Ace aircraft,
LANSING - Skymint’s primary lender, Tropics, LP, submitted the winning bid to purchase Skymint at the Aug. 8 auction held by the Receiver Gene Kohut, according to Kohut in an interview with Four20Post.Com. A hearing before Ingram County Circuit Court Judge Joyce Draganchuk scheduled for Aug. 23 to approve the purchase by Tropics was rescheduled
DETROIT – Michigan’s top executives have an improved outlook about Michigan’s economy, but continued concerns over the availability and quality of the state’s talent pool remain, according to Business Leaders for Michigan’s most recent quarterly economic outlook survey. The CEO survey, conducted July 10-28, found 74% of respondents expect Michigan’s economy to improve or remain
DETROIT - Michigan is now the top marijuana market in the country — based on per capita spending. Through the first seven months of the year, Michigan's marijuana industry sold $1.7 billion worth of product ($58.8 million in medical marijuana and $1.644 billion in recreational), according to data from the Michigan Cannabis Regulatory Agency. Michigan weed
NEW YORK - The internet has become an indispensable part of our lives, transforming how we communicate and access information. As we look ahead, the internet's influence is set to surge even further. According to estimations by the Atlas VPN team, the number of internet users is projected to surpass 6 billion within the
LANSING — In just under a year since the passage of the Inflation Reduction Act, President Biden and Congressional Democrats’ clean energy plan has helped turbocharge our clean energy economy. Over the past year, clean energy businesses have announced or moved forward with more than 170,000 jobs across 44 states, according to Climate Power’s new report.
DETROIT - General Motors is investing $60 million in a Silicon Valley-based battery materials company to help GM bring more affordable electric vehicles to market faster. GM on Wednesday announced the stake in Mitra Chem, an AI-enabled battery materials innovation company. It is part of a Series B financing, which further establishes a startup after
NOVI – On MITech TV Aug. 14, we joined Simon Whitelocke, president of ITC Michigan, to celebrate the company’s 20-year anniversary. The company was established just a few months before playing an instrumental role in determining the cause of the North American Blackout of 2003. Since then, ITC has worked to increase reliability of its
LANSING - Cannabis legal sales in Michigan in July leaped 6.1 percent from June to a record $275.7 million, putting cannabis sales in 2023 on a $3 billion run rate. Another impressive stat released Friday by the Cannabis Regulatory Agency is on a day-by-day basis, sales increased by 2.7 percent. Taking a closer look at
LANSING - Soon your driver’s license or state identification card could be something other than a plastic rectangle stored in a leather wallet or purse. It could be in your mobile phone A Michigan bill would allow users to pull up their ID virtually on their phones with all their information, similar to a normal
