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2025-02-26 10:00:00| Fast Company

In 2034, Salt Lake City will join a short list of cities that have hosted a Winter Olympic Games twice, joining the likes of Turin and Innsbruck. But unlike in any Olympics of the past, skiers and bobsledders may glimpse a surreal sight overhead as they competeflying air taxis. Though still nine years away from the Opening Ceremony, aviation company Beta Technologies sees the state of Utah as a proving ground for its electric planes. As competitors focus on major cities like New York and Los Angeles, Beta has inked a deal with Utah to start exploring transportation solutions across the very rural state. The Beehive State had a confluence of benefits for Beta, including a varied geography, well-distributed airports, expansive land for testing, and a foot already in aviation. In our space, everybody (municipalities and states) wants to raise their hand, says Kyle Clark, Betas founder and CEO. But it’s only a few who step up and [allocate] the right money, the right political resources, the right regulatory support, the right businesses. If Beta can create a functioning network of electric planes to connect the remotest parts of Utah, initially focusing on cargo and logistics, then it should be able to streamline naturally into carrying passengers for the 2034 Olympics. Connecting Utahs remote areas Utah has created a coalition designed to support companies like Beta comprises the governors office, the state Department of Transportation, and public-private aerospace partnership, 47G (named for 1847, the year the first Mormons reached the Salt Lake Valley, and for a number close to the most G-force ever experienced, 46.2). 47G is focused on growing aerospace and defense in the state, industries that already represent 20% of Utahs economy. The organization helps 200 aerospace-adjacent companiesfrom startups, to contractors, to Delta Air Linesto source capital, build infrastructures, and incubate. Beta was a welcome addition. We want to move people and packages, and we want Utah to lead out on this space, says Aaron Starks, 47Gs president and CEO. We wanted to bring a partner in and not just sell us aircraft, but build the ecosystem with us.  One significant hurdle is FAA certifications, which Beta will need to progress. It has three certifications pending: It expects the first, for its pusher motorthe propulsion device that pushes the craft forwardto be completed this year, followed by those for its eCTOL (conventional take-off and landing) and eVTOL (vertical take-off and landing) models. If they come through, Utah will be an inviting market. Utah was the fastest-growing state by population between 2010 and 2020, and is due to welcome 500,000 new residents by 2033. Thatll increase demand for cargo, medical, and logisticsall of which Beta wants to operate in, having already secured partners that include Amazon, UPS, and United Health Therapeutics. Utahs unique geography suits Betas goals. Of its 29 counties, only four are not considered rural, and a third of the state is desert. That allows the possibility for aircraft to improve rural routes that are otherwise inefficient to traverse. Clark says the minor roads that connect eastern and western Utah slow down transport, which is precarious when it involves goods like emergency medical supplies. Its a state actively seeking out faster and cheaper options. Carbon emissions from vehicles also contribute to poor air quality, as the mountainous topography leads to a phenomenon called inversion, whereby cold air and pollutants, including carbon, get trapped under a layer of warmer air, resulting in thick smog. As a state, we are very much on board with decreasing the emissions footprint through clean technologies, Starks says. Making it happen The coalitions first order of business will be developing airport infrastructure to accommodate Betas vehicles across Utah, where 94% of the population lives within a 30-minute drive of an airport. They have started identifying five initial existing airports that could serve as bases for both of Betas aircraft offerings: eCTOLs and eVTOLs. The latter, which rise upward like helicopters instead of accelerating along a runway and taking off, need slightly different sites known as vertiportswhich could easily be added to existing airports. Vertiport sounds big and scary, Clark says, [but] weve built vertiports that are de-iced landing pads with lights on them. These are pretty simple things. Beta and the coalition have also begun an assessment of optimal sites for a charging network, with the help of Betas algorithm, which its used to place 60 of its charge cubes across the U.S., mainly concentrated in the Northeast and South. The fast chargers are multi-modal, meaning they can accommodate EV road fleets like trucks and delivery vans. So, once Betas FAA certifications come through, both the planes and networks will be ready to go for their partners. UPS loves the fact that we’re putting in a bunch of charging network nodes throughout Utah, Clark says. For Clark, the ability to validate the entire system holistically within a single state makes Utah a better market entry point than major metropolitan areas, where its competitors, including Archer Aviation and Joby Aviation, have focused on passenger air taxis. Archer has announced Newark-to-Manhattan and OHare-to-Chicago routes with United Airlines, which has conditionally approved $1.5 billion of investment; and Joby has partnered with Delta, with up to $200 million. But cities pose complicated regulatory hurdles from municipalities and communities, Clark says, as well as the need for intricate power and flight infrastructures. And for such a new offering, the size of demand from would-be passengers is yet unknown. It’s going to happen, he says. But you have to ask the question: Is that the right entry point? Archer and Joby, both public companies, are reportedly both planning to use the 2028 Los Angeles Olympics as the milestone event for proving out their air taxis. But caution lingers from the Paris Olympics, where grand promises of air taxis by European companies fell flat. Clark believes the L.A. Games are too soon to do this effectively, and it would merely be a bit of a stunt to show the world flying taxis without providing any real use. Conversely, he says the plan in Utah gives them time to rehearse with cargo and logistics for almost a decade, so that by 2034 they can meaningfully taxi Winter Olympics visitors across the skies. Clark insists hes unfazed by his competitors, but still slams what he views as their superficial strategies. We are aquiet, private company, and we have been crushing the technology, he says. You may not see us out there making fancy videos of the future, because we’re building the real stuff here.


Category: E-Commerce

 

LATEST NEWS

2025-02-26 09:35:00| Fast Company

If you are career-minded, you may think applying for a loftier position in another company is the best route. In fact half of millennials expect to leave their current company within a year.  But it’s not always the right move. Advancing in your present company may be a smarter move. You already know the culture and the people. If you enjoy them, who is to say that you’d find something better elsewhere? Also, some companies reward loyalty. And why would you want to compete with hundreds of applicants in a chaotic job market? If you are staying, hone your strategy. Follow these five steps to boost your likelihood of advancing. 1. ASK FOR VISIBLE ASSIGNMENTS First, seek out high-profile assignments. You want to be seen as a go-getter. Do this, and your boss and other leaders in the firm will regard you as a creative, productive worker with aspirational goals. Im not talking about doing extra grunt work. I mean seizing opportunities to come up with innovative ideas and initiatives that impress others. Commit to projects that reach beyond your department. Youll open the door to new relationships with potential bosses in other departments. For example, you might lead a fundraising project, or help another executive with her presentation, or volunteer to speak at an International Womens Day event in your company. 2. BUILD YOUR NETWORK AT THE COMPANY It’s important to build your network within the firm. Youll meet and gain the favor of leaders who recognize your talent and initiative. That can lead to important new relationships with strategically placed individuals. Take part in activities where you can meet senior leaders. These include conferences, sports such as company golf tournaments, leadership forums, and training sessions. If there is someone in the company you admire and think youd like to work for, find a way to get onto their calendar. You might have a mutual interest. Or, you might invite them to speak to your team as a guest expert. Be creative in setting up that meeting. Once youve made that contact, broach the discussion about reporting to them. There might be an advertised position or not. Either way, if you want to work in that department go for it, set up a meeting, and prepare to pitch yourself. 3. PREPARE A STRONG PITCH If youre job hunting in your present company, it might seem like overkill to prepare for each encounter. But you must do soeven for conversations with people who may not have a job to offer you at the moment. They may be able to recommend you to others. Your preparation should include a résumé that is polished and geared to opportunities in the company. If someone has agreed to meet with you, youll also want to prepare speaking notes in the form of a well-crafted statement explaining what kind of position you are looking for and why you feel ready for it. And dont forget to write a thank-you note after the meeting. For guidelines on how to create a strong networking pitch, see the chapter on Pitching Yourself inside Your Company. in my book, The Job Seekers Script. Youll discover how to sell yourself within your present company. 4. DONT LET YOUR BOSS GET IN YOUR WAY Its important to get along with your boss. But dont let that person slow you down if you want to advance. A manager who praises your work may not want to see you move to another department. One woman I know had an opportunity to take a VP position elsewhere in the company. That would have been a big step forward since she was a director. But her boss pleaded dont go . . . I need you here. So, she stayed, and after a decade she is still a director. If you have a boss who encourages you to pursue next steps within the company, be thankful. But be wary of a bad boss who tries to block ascent. All the more reason to develop strong network ties that will allow you to get around that roadblock. 5. AVOID COMPLAINING ABOUT YOUR CURRENT ROLE As you have conversations with others and seek to move up the corporate ladder, never complain about your current position. A bad boss is, of course, only one reason for seeking a new position. There are many others. But if you are looking to move up because you are unhappy with your current manager or some other aspect of your job, keep that to yourself. No one wants to hire a complainer. They fear it might be a personality trait. Instead, focus on what you like about your present role, what you have learned from your boss, what a great team of professionals youve had the pleasure of working with. And then look ahead and share your excitement about moving to the next role, whatever it may be. That kind of self-portrayal will get you a potential job offer and it will help you build your career.


Category: E-Commerce

 

2025-02-26 05:11:00| Fast Company

A $19 strawberry has broken the internet.  Over the weekend, several content creators went viral with reviews of one very expensive berry, purchased from the upscale Los Angeles-based grocery chain Erewhon. Apparently its the best-tasting strawberry in the entire world, influencer Alyssa Antoci says in a video that has racked up more than 15 million views. It’s worth noting that Antoci appears to be a social media manager for Erewhon, and her family also owns the store. Wow. That is the best strawberry. Thats crazy, she adds. @alyssaantocii insane original sound – lyss Along with the $19 price tag, the berries from luxury Japanese fruit vendor Elly Amai are individually packaged, set on a small cushion inside a miniature plastic cloche for protectionexactly how one would expect such an expensive berry to be packaged. On its website, the company claims to sell only the “highest-quality fruits from Japans most celebrated farms.” Not everyone is impressed. People in L.A. are so gullible, one commenter wrote. If I dropped $20 on a strawberry, Id probably convince myself it was the best one Ive ever tasted too, wrote another. It does taste good but is it worth the $19? content creator @janemukbangs questioned in a TikTok video with 5.5 million views. (Spoiler alert: It wasnt.) @janemukbangs $19 strawberry from Erewhon #erewhon #foodtiktok #fyp #strawberries original sound – janemukbangs Whether people are willing to pay a premium for Japanese berries or its simply a case of clever marketing, this isnt the first time the celeb-loved L.A. grocery store has made headlines for its pricey products. This month, its a $19 strawberry; last year, it was a $32 bag of specialty ice. In a time when many are struggling to afford even basic groceries, its easy to see why a ridiculously expensive strawberry has rubbed some people the wrong way. Or, as one commenter theorized, Erewhon was 100% started by a group of uni students who wanted to run a social experiment on consumerism. They ended up accidentally creating a successful grocery so now they just watch and laugh.


Category: E-Commerce

 

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