Tag Archives: aerospace

Rates for Wine, Food from Europe for the Current Stay, said the US | Instant News


WASHINGTON – The Biden government has said it will not end tariffs on European wine, cheese and other food imports any time soon – upsetting industry groups who say the levy is hurting US restaurants and consumers.

The US Trade Representative’s Office said on Friday that there was no need for now to suspend levies, which the Trump administration imposed as part of a long-running dispute with the European Union over subsidies for commercial aircraft.

In a regulatory filing, the USTR said it would “continue to consider the actions taken in the investigation,” referring to a 17-year-old dispute about how the government is subsidizing Boeing Co. and Airbus SE. The Biden administration said it was reviewing tariffs and other major trade policy measures adopted by the previous administration.

Under the Trump administration, the dispute has turned into a tariff fight that has ensnared a food and beverage industry unrelated to aircraft manufacturing. Washington imposed tariffs on $ 7.5 billion worth of European wine and food such as cheese and olives by the end of 2019.

The European Union retaliated with levies on US whiskey, nuts and tobacco worth an estimated $ 4.5 billion. The US increased sanctions on December 31 with additional tariffs, putting nearly all wine imports from France and Germany below 25%.

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XERI Brand Nano-Lubricant Generates Initial Sales in Australia After Successful Product Tests in the OTC Market: XERI | Instant News


BOCA RATON, Fla., 28 Jan 2021 (GLOBE NEWSWIRE) – Xeriant, Inc. (OTC PINK: XERI), a new aerospace technology holding company, today announced that its strategic alliance partner, Xeriant Europe sro, has signed a purchase agreement for XERI lubricants products in Australia. The sales contract follows the successful testing of XERI’s revolutionary anti-friction “green” lubricant on an Australian brand electric powered scooter.

The contract between Xeriant Europe sro, based in Prague, Czech Republic, and Fatboy Scooters Australia, based in Queensland, Australia, outlines a minimum annual purchase requirement of 4,000,000 CZK ($ 186,000 USD) of XERI lubricant for use in its product line. Fatboy Scooters and electric bicycle and scooter repair and maintenance facilities. This scooter is also sold in Europe.

“XERI lubricants have been applied to nearly every mechanical component of our scooters, from the bearings to the brake calipers, with extraordinary results. We tested the XERI-MC and XERI-L on the main drive motor and found reduced noise, smoother operation and increased power due to less friction between parts, which has lowered battery consumption and increased the range and speed of the scooter. With our waterfront location, XERI lubricants have maintained a tipping point where rust can start. We use XERI products exclusively in our premium scooter line, in our workshops, and for other equipment and vehicles, and we are very impressed, ”commented Fatboy Scooters Australia CEO, Paul Milburn.

Xeriant Aerospace and Xeriant Europe have teamed up to procure and secure environmentally responsible high potential technology and products in the Czech Republic and are completing the acquisition of Xeriant Europe by Xeriant Aerospace. Xeriant Europe sro recently launched a next-generation metal humidifier and coolant line under the XERI-MC and XERI-L brands, which are in the process of being tested and sold worldwide to a wide variety of industries, including aerospace, automotive, energy, manufacturing and maritime.

“Our sales of XERI environmentally friendly lubricants in Australia are testament to their effectiveness and demonstrate their potential as a major player in this growing segment of the lubricants market. We plan to visit the Fatboy Scooters manufacturing plant in China to discuss the use of our XERI-MC and XERI-L lubricants in the fabrication and assembly process, ”said Henry Biza, CEO of Xeriant Europe.

According to a 2019 study by research firm Future Market Insights, the size of the global two-wheeled lubricant market was $ 13.7 billion in 2018 and is expected to grow by an average of 4 percent per year for the period from 2019 to 2029. The emergence of electric-powered vehicles Two-wheelers – which include motorbikes, scooters, mopeds and bicycles, as the main mode of transportation in developing countries – have been increasing rapidly, especially in cities with traffic problems. The South Asia and Oceania region is expected to account for more than half of the total global market share for two-wheeled lubricants by the end of the forecast period. The Oceania region includes 14 countries, including Australia, Papua New Guinea and New Zealand. Manufacturers are investing heavily in developing technologies that not only ensure better fuel efficiency and emissions, but also maintain high friction hardware protection and durability.

“Our goal with this exclusive licensing agreement is to generate short-term income and profitability, each with enormous potential. The XERI sustainable nanotechnology lubricants brand continues to demonstrate its effectiveness in a wide variety of applications. We are looking forward to announcing the successful results of testing other XERI anti-friction formulas, ”said Xeriant CEO Keith Duffy.

About Fatboy Scooters Australia

Fatboy Scooters Australia is located in Queensland, Australia and imports a line of lithium battery powered electric scooters for distribution throughout Europe and Australia. The company also provides maintenance and repair services, as well as supplying spare parts, batteries, tires for Fat Tire, City Co-Co and Fatboy Scooters from the electric scooters, bicycles and mopeds in its facilities.

About Xeriant Europe

Xeriant Europe sro, headquartered in Prague, Czech Republic, was founded with the aim of uncovering leading edge green technologies with aerospace applications, particularly from the Czech Republic, and promoting it in world markets, especially in the US. The focus of the company is on unique products that are already being sold or are approaching commercialization.

About Xeriant

Xeriant, Inc. (dba Xeriant Aerospace) is a holding and operating company focused on the acquisition, development and commercialization of revolutionary environmentally friendly technologies with applications in space, including innovative aircraft concepts targeting emerging opportunities in the aviation industry. In 2019, Xeriant acquired a unique, scalable and multipurpose VTOL antenna platform called Halo, which is protected by extensive utility patents. Xeriant is located in Research Park at Florida Atlantic University in Boca Raton, Florida, adjacent to Boca Raton Airport. The company is an OTC Market public company traded under the stock symbol, XERI.

For more information, please visit www.xeriant.com

LOOKING FORWARD PRICE STATEMENT SAFE

With respect to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Xeriant, Inc. hereby provides a warning statement identifying important factors that could cause our actual results to differ materially from those projected in the forward-looking statements (as defined in such action). Any statement that is not historical fact and which expresses, or involves discussion about, expectations, beliefs, plans, goals, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “the likely outcome,” “expected,” “will continue,” “anticipated,” “predicted,” “intended,” “plans,” “believe” and “project”) may be forward-looking and may involve forecasts and uncertainties that could cause actual results to differ substantially. material than those disclosed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding our ability to attract investors.

We caution that the factors described herein could cause actual results to differ materially from those disclosed in our forward-looking statements and that investors should not rely too heavily on such forward-looking statements. Furthermore, any forward-looking statements speak only on the date they were made, and we are under no obligation to update forward-looking statements to reflect events or circumstances after the date such statements were made or to reflect events or circumstances that were anticipated or not anticipated. New factors emerge from time to time, and it is impossible for us to predict all of them. Further, we are unable to assess the impact of each of these factors on our results of operations or the extent to which any factor, or combination of factors, could cause actual results to differ materially from those contained in these forward-looking statements.

XERIANT, INC. CORPORATE

Investor Relations:
Matt Chipman
(818) 923-5302
[email protected]
www.xeriant.com

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The most interesting side effects of returning to Earth from space | Instant News


In outer space, objects float under the influence of microgravity. Astronauts who have spent many months on the International Space Station (ISS) are used to this. Rather than handing the tool to a colleague, it is better to simply push it away. Or while drinking a drink, let them linger between small sips. Space is privileged!

Of course, these privileges disappear when they return to the surface of the earth. Under the strong gravitational force of the earth, their swinging force becomes stronger. Something that used to float suddenly fell. This cruel reality has a long history of deterring unadjusted astronauts.

Twice ISS veteran Thomas H. Marshburn (Thomas H. YouTube video Released in 2013. In the video, Marshburn burst into flames repeatedly when he dropped an object in the air instead of floating. The videotape was staged, but it showed a very real situation: In the days after returning to Earth, astronauts tend to forget gravity.

In 1998, astronaut Joe Edwards spent about a week in space as a pilot for the space shuttle mission. During a physical examination after he returned, a surgeon brought him lemonade and asked him to take off his shoes. Sure enough, when he reached out to take off his shoes, Edwards released the paper cup (then it took a few minutes to wipe).

U.S. Marine Corps colonel and NASA astronaut Kenneth Cameron Restate Similar to the 2014 MIT Alumni Association. After returning to Earth, he was sitting in a van and was taken to the crew quarters and drank some orange juice. So he poured a glass for himself and his colleagues.

“I passed the orange juice… and… pushed it towards him,” Cameron recalled with a smile. “It could have worked perfectly on orbit! Because of gravity, it made a mess there.”

Decades ago, in Skylab, astronauts Alan Bing and Jack Losma spent about two months Report yourself funny Unfortunately, soon after returning to the clutches of gravity. Early on, they all tried the same “flying” method as microgravity. It was useless When Lousma tried to gently pass one hand from another hand to the other, it also broke a bottle of aftershave, and then fell into the sink.Damn

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More Wine Tariffs Applied in France and Germany by the US | Instant News


WASHINGTON – The Trump administration has said it will target more French and German wines and spirits at 25% tariffs starting January 12, in the latest escalation in a tit-for-tat tariff war related to a long-running dispute over subsidies for commercial jet airliners.

Among the new levies, the US will for the first time impose a 25% levy on wine from France and Germany in excess of the 14% alcohol it had previously exempted, according to the Office of the US Trade Representative.

The US has seen this surge in high alcoholic wines, typically from Spain and France, after wine with alcohol of 14% or less the tariff is charged last year.

“Especially with what is happening in light of the pandemic, with the closure of restaurants and refineries, this is not the right time to enter an industry that is already facing economic impact,” Christine LoCascio, head of public policy for the US Council’s Distilled Spirits, said Thursday.

Washington imposed a 25% tariff on wines from France, Spain, Germany and the UK in October 2019 in retaliation for subsidies they made to European aircraft manufacturers.

Airbus

SE, arguing they were hurt

Boeing Together.

Other items that will be subject to the new tariffs are premium cognacs priced at $ 38 per liter and up, and some aircraft-building parts, both from France and Germany. High alcoholic wines from Spain and England are not added to the latest list.

USTR said in its regulatory filing that the additional tariffs targeted products from France and Germany because the two countries had provided the largest levels of subsidies that were incompatible with WTO rules.

The US and EU have long been at odds over what each claims are unfair government subsidies to commercial aircraft manufacturers: Airbus in Europe and Boeing in the US

A battle has recently occurred over tit-for-tat tariffs on consumer products.


“These tariffs are destroying US restaurants and small businesses at the worst of times.”


– Ben Aneff, US Wine Trade Alliance

In October 2019, the US imposed tariffs on $ 7.5 billion worth of products for wine, cheese and other products from Europe. In retaliation, the European Union announced tariffs last month on $ 4 billion worth of US products, including Boeing jets, alcoholic beverages, and tobacco.

USTR said Wednesday in a press release that the latest additions to its tariff list came as the US made adjustments after the two sides used different reference periods for trade data to determine which products the tariffs would cover.

USTR said that while the US used data for the previous calendar year, the EU was using a period in which trade was drastically reduced due to the Covid-19 pandemic.

That allows Europe to impose tariffs on “substantially more product” than it could do under the calendar year method, the USTR said. After the EU refused to change its approach, USTR said it decided to change its own reference period and add more products. The additions will not change the total value of the $ 7.5 billion worth of products subject to tariffs, USTR said.

An EU spokesman said the choice of reference period for EU tariff measures was based on the latest available trade data in line with long-standing WTO practices. The spokesman said Washington was “unilaterally disrupting” ongoing bilateral negotiations to find a resolution to the plane dispute.

“The European Union will engage with the new US administration as soon as possible to continue these negotiations and find a lasting solution to the dispute,” he said.

The escalation in the tariff fight highlights challenges in trade relations between the US and the EU, even as European officials call for improving ties under the upcoming administration. The digital tax imposed on US technology companies by France has been a significant cause of tension. European Union signing of an investment agreement with China This week has attracted attention among US trade officials as they seek European cooperation against China.

The tariff impact is very significant. Wine imports from France fell 54% in the first five months of 2020 from a year earlier, while those from Germany fell 42%, according to the US Wine Trade Alliance.

“These tariffs are destroying US restaurants and small businesses at the worst of times,” Ben Aneff, group president. “This underscores how important it is for President-elect Biden to immediately lift restaurant tariffs, and find ways to more effectively influence the EU while reducing damage to businesses at home.”

Write to Yuka Hayashi on [email protected]

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Airbus and Germany want to enter the Swiss market | Instant News


After winning a contract for 38 Eurofighter fighters for the German air force Airbus and the German government submitted a Eurofighter bid to Switzerland

Airbus Eurofighter for Switzerland

Airbus is working hard to win a contract that Switzerland will make to replace its F-5 and F / A-18 fighters. The Swiss government’s plan to purchase new fighter jets was approved by referendum last September.

Airbus and the German government submitted their official bid for the sale of Eurofighters to the Federal Office of the Swiss Armamants (Armasuisse) on November 18. The offer, which is in line with the requirements of the new Swiss fighter aircraft procurement process (Neues Kampfflugzeug-NKF), as stated by Airbus, is prepared in collaboration with other countries participating in the Eurofighter project, and with companies Leonardo and BAE Systems.

Eurofighter Quadriga

«With the acquisition of Eurofighter, the Federal Republic of Germany offers Switzerland the opportunity to deepen its existing military partnerships, especially with regard to joint training of the two air forces. With the Eurofighter, Switzerland will gain complete autonomy in the use, maintenance and application of data from its aircraft. Just a few days ago, Germany itself signed a procurement contract 38 Eurofighters from the newest Tranche 4 and offers Switzerland the opportunity to lay the groundwork for closer political, economic and security cooperation by procuring the same aircraft type. »Airbus notes.

A few days before the bid to Switzerland, Germany itself signed a procurement contract for 38 Eurofighters (30 single-seater and 8 twin-seater). This stage 4, which is called the «Quadriga», includes a new electronic radar, and his technical abilities « will enable full integration into the European Future Combat Air System FCAS “. The variant destined for Switzerland matches the Quadriga order configuration.

Industrial cooperation

The offer to Switzerland included a proposal for Industrial Cooperation. «By providing construction data and other important information, Switzerland will be given complete and independent control over the Eurofighter, ensuring complete transparency. With more than 200 suppliers in the Confederation, Airbus has become a strong partner for Switzerland, and we look forward to expanding this partnership even further “said Dirk Hoke, CEO of Airbus Defense and Space.

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