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AirAsia and Skyports partner to explore air taxi vertiport development in Malaysia

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Skyports Infrastructure, an Advanced Air Mobility (AAM) infrastructure developer, and AirAsia’s Advanced Air Mobility, a dedicated unit of AirAsia Aviation Group Limited (the aviation arm of Capital A), have signed a Letter of Intent (LoI) to explore the development of air taxi infrastructure in Malaysia.

Malaysia 284
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Cool Planet and Acritaz Greentech to build $60M commercial biorefinery in Malaysia

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Acritaz will work with Cool Planet to use biomass raw materials local to the region that include palm plantation waste products such as empty fruit bunches, wood, and bark waste to make renewable, cellulosic fuels for the Asian market. The first commercial facility is planned to be located in the Malaysian state of Johor.

Malaysia 225
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Paxocean, Hong Lam Marine and Bureau Veritas partner to develop design for ammonia bunker vessel

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has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and classification society Bureau Veritas (BV) jointly to develop an ammonia bunker vessel design. With the signing of this MOU, PaxOcean will focus on developing designs for ammonia-fueled and ammonia bunkering vessels.

Mariner 243
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Gevo and Leaf Resources sign joint development agreement for potential use of cellulosic-derived sugars to convert to hydrocarbon molecules

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The JDA is structured around three phases of joint work designed to establish a bankable project. The initial phase will develop the feasibility of a potential facility, followed by phases investigating the commercial development and commercialization of the project. Patrick Gruber, Chief Executive Officer at Gevo.

Convert 246
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Texas Emerging Technology Fund awards KLD Energy Technologies $2.8M to support commercialization of electric drive system

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The company will leverage the funding to accelerate the commercialization of its high-performance electric drive system, execute its expansion strategy and introduce its products to new markets. The drive system is designed for high frequency and low-RPM operations.

Texas 210
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New line of electric scooter to feature KLD Energy motor system

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The KLD Energy Technologies motor system, which uses an innovative nanocrystalline composite material ( earlier post ), will be featured in a new line of electric scooters for the Malaysian market. The scooters are being brought to market by Malaysian vehicle manufacturer Eclimo Sdn Bhd.

Motor 199
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Turbine Truck Engines Gains Access to Aerospace Mitsubishi Resources for Engineering and Development of Detonation Cycle Gas Turbine Engine

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TTE also granted AMEC the exclusive license to commercialize the engine in China’s automotive and busing markets when the design process is completed. Aerospace Mitsubishi is a joint venture (JV) between five companies from China, Japan, and Malaysia. Earlier post.)