eStatus’ Post

Property prices surge up to 10 times in 5 years, and shares of pace-setting companies rise by over 60%. . Get in touch 👇 🌐 www.estatus.world 📧 official.estatus@gmail.com 📞 +91 8112516666 . #estatus #ayodhyaproperty #ayodhyarealestate #ayodhyarammandir #ayodhyainvestment #invest #realestate #ayodhyarealestate

I'm thrilled to announce the launch of my policy research paper, "Financial Risk Coverage of India's Commercial Space Launch Industry: Need for Developing Insurance and Reinsurance Capabilities." This significant event is set to take place at the dynamic mach33.aero, located within the CSIR - National Aerospace Laboratories (NAL) Campus in Bengaluru, on April 19th, from 4:00 to 6:00 pm, hosted by India's pioneering space policy think tank, Spaceport SARABHAI (S2). I owe immense gratitude to a stellar group of experts, including Mr. Philip Chrystal, Dr. Ludwig Weber, Dr. Ram Jakhu, and others, whose invaluable insights and meticulous editing have greatly enriched this work. Special thanks to my mentor, Deepika Jeyakodi, for her guidance, and to Dr. SUSMITA MOHANTY, Director General, and Dr. RANJANA KAUL, Secretary General of S2, for their unwavering support. The dedication and hard work of the entire Spaceport SARABHAI team in editing, designing, and bringing this paper to life have been truly remarkable. This paper aims to shed light on the vital financial infrastructures necessary to support and secure India's growing commercial space launch sector. I'm eager to share my insights, engage in meaningful discussions, and connect with peers and enthusiasts within the space industry. 🚀 #SpaceportSarabhai #SpacePolicy #CommercialSpace #SpaceLaunch #SpaceInsurance #FinancialRisk #SpaceTech #Innovation #PolicyResearch #SpaceIndustry #ThinkTank

The economic boom is not just transforming the city; it's fostering unity and support. . Get in touch 👇 🌐 www.estatus.world 📧 official.estatus@gmail.com 📞 +91 8112516666 . #estatus #ayodhyaproperty #ayodhyarealestate #ayodhyarammandir #ayodhyainvestment #invest #realestate #ayodhyarealestate

We are pleased to confirm that the potential investor who has submitted an official offer to privatize Nordic Aviation Group is Mr. Lars Thuesen, the owner of Jettime and investor in other successful businesses. Mr. Thuesen has a wealth of experience in aviation, having previously invested in Jettime and serving as part-owner of several other ventures in the industry. He has expressed confidence in our ongoing efforts to strengthen and secure the future of Nordic Aviation Group. This represents an important step in our journey to continue growing and expanding our operations. Stay tuned for more updates! You can read the full article in the comments for more details on this exciting development! #InvestorNews #NordicAviationGroup #Jettime #AviationIndustry #Growth

Victory Live has partnered with Aeries Technology to establish a new Global Capability Center (GCC) in Hyderabad, India. This initiative is part of a broader trend where Hyderabad has emerged as a key hub for Global Capability Centres due to its strategic advantages such as abundant talent, improved living standards, lower costs, and supportive government policies. The center aims to enhance operational efficiencies and foster innovation by centralizing global operations and leveraging Hyderabad's growing R&D capabilities. The new GCC will support Victory Live's global operations by consolidating functions and driving innovation, particularly through AI and data analytics. This aligns with Hyderabad's significant role in the GCC sector, as evidenced by its substantial share of office space leasing for GCCs and its position as a preferred location for global investors. Victory Live Aeries Technology https://lnkd.in/dKbiubxv

Skyroot Aerospace, a Temasek-backed spacetech firm, reported a nearly two-fold revenue increase to ₹29 crore in FY24, primarily from interest income. However, the company's losses widened by 15% to ₹55.5 crore, driven by a 34.5% rise in expenses, totaling ₹84.5 crore. The increase in costs is attributed mainly to higher employee benefits, which rose to ₹26.9 crore, and R&D expenses, which saw a slight increase to ₹12.8 crore. Founded in 2018, Skyroot successfully launched India's first privately-developed rocket in 2022 and is working towards the launch of its Vikram-1 orbital vehicle by the end of this year. #SkyrootAerospace #Spacetech #RevenueGrowth #Vikram1 #Temasek Read more 👇 https://lnkd.in/g76ikf9q 

📢 GOMSPACE SHOWS POSITIVE FREE CASH FLOW DURING Q4 2023 📢 In its Q4 2023 interim report, GomSpace shows strong evidence of the #financialturnaround being on track with improved #positive #freecashflow of MSEK 21. Additionally, the company delivers a record high revenue for the full year of MSEK 235, and an order intake of MSEK 103, the highest since 2021. CEO Carsten Drachmann comments: “2023 marks a year of #transformation, re-aligning the organization and business, and effectively overcoming the challenges faced in 2022. Throughout the year, our primary emphasis has been on #cash and #profitability. I'm thrilled to observe that, for the first time in several years, our free cash flow in Q4 reflects a positive figure of MSEK 21, and we reached MSEK 103 in order intake, the highest since Q4 2021. Read the full press release here: https://lnkd.in/dYMadHCb and find the Q4 financial report here: https://lnkd.in/gvG36GX

We are thrilled to welcome Charles Beames to TrustPoint in his new role as Executive Chairman. Beames has over three decades of aerospace, defense and investment expertise, and we look forward to accelerating our mission to deliver solutions that address the evolving needs of GPS stakeholders worldwide with Chuck on our team. Link to Our Press Release: https://lnkd.in/exrqz2ns #TrustPoint #TrustPointGPS #GNSS #LEOPNT #GPSNavigation #Startups #Technology #Innovation #Newspace #Entrepreneurship #VentureCapital #AutonomousCars #SpaceIndustry #InvestmentOpportunities #MobilityInnovation #CharlesBeames #SpaceNews #DefenseTech #EmergingTechnologies #SelfDrivingCars #Markets #FutureOfAutonomy #SpaceEconomy #NationalSecurity #DualUse  #AutonomousSolutions

Quote; "We’re incredible innovators – Pearse, Rutherford, Britten, Hamilton – but often, our innovation is commercialised somewhere else by someone else. Much of our capacity to innovate is housed in the group of companies I talked about the other day [see link here: https://lnkd.in/gc6e_tjq] – that’s why #ID2070 is focused on unlocking light-weight knowledge led exports for them. If we can do that, the knowledge jobs we’ll create and the momentum we’ll foster will more than solve our economic growth challenges. We don’t need to have the Wright Brothers – we just need to create the conditions where our modern-day Richard Pearses are encouraged to create economic success." - Simon Walker Ps isn’t the irony is glaring: Pearse's choice to invest in property over business mirrors a common dilemma in New Zealand – opting for real estate over entrepreneurship, despite having the potential for flight. It's a testament to the enduring allure of property investment, even for those with lofty ambitions, here in Aotearoa New Zealand.

We all indulge in casual conversations with cab drivers during commute. 𝐖𝐡𝐚𝐭 𝐢𝐟 𝐲𝐨𝐮 𝐠𝐨𝐭 𝐭𝐨 𝐤𝐧𝐨𝐰 𝐭𝐡𝐚𝐭 𝐲𝐨𝐮𝐫 𝐝𝐫𝐢𝐯𝐞𝐫 𝐰𝐚𝐬 𝐚𝐧 Indian Space Research Organisation (ISRO) 𝐬𝐜𝐢𝐞𝐧𝐭𝐢𝐬𝐭? This is what happened with Ramabhadran Sundaram when he learnt that the person driving his cab had transformed his career from #SpaceResearch to entrepreneurship. #UthayaKumar started with #STCabs 7 years back, which has now transformed into a successful business! And this isn't even the best part about it.  You know the best part? 𝐓𝐡𝐢𝐬 𝐜𝐨𝐦𝐩𝐚𝐧𝐲 𝐰𝐨𝐫𝐤𝐬 𝐨𝐧 𝐚 𝟕𝟎-𝟑𝟎 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐬𝐡𝐚𝐫𝐢𝐧𝐠 𝐦𝐨𝐝𝐞𝐥. 𝐖𝐡𝐢𝐜𝐡 𝐦𝐞𝐚𝐧𝐬, 𝐝𝐫𝐢𝐯𝐞𝐫 𝐡𝐚𝐯𝐞 𝐚 𝐬𝐮𝐛𝐬𝐭𝐚𝐧𝐭𝐢𝐚𝐥 𝐬𝐭𝐚𝐤𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬'𝐬 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 𝐚𝐧𝐝 𝐫𝐞𝐭𝐚𝐢𝐧 𝟑𝟎% 𝐨𝐟 𝐭𝐡𝐞 𝐩𝐫𝐨𝐟𝐢𝐭𝐬. This person is redefining success and entrepreneurship on so many levels!  What do you think about it?