Welcome to our dedicated page for Altair Intl news (Ticker: ATAO), a resource for investors and traders seeking the latest updates and insights on Altair Intl stock.
Altair International Corp (ATAO) generates news related to its mineral exploration activities and corporate developments. The company's news flow typically includes exploration program results, property acquisitions, corporate governance updates, and strategic developments within the natural resources sector. Investors tracking ATAO can follow announcements regarding geological findings, licensing agreements, and corporate transactions that affect the company's project portfolio.
This news resource provides coverage of material developments affecting Altair International's exploration projects and business operations. Updates include soil sampling results, geochemical analysis findings, property option agreements, and management commentary on exploration progress. For companies in the junior mining sector, these announcements provide critical information about project advancement and resource potential. The news feed captures regulatory disclosures, corporate updates, and industry-relevant developments specific to ATAO's lithium exploration focus.
Following ATAO news helps investors understand the company's exploration success, property evaluations, and strategic direction within the competitive mineral exploration landscape. The coverage includes announcements that impact shareholder value, from drilling results and resource estimates to partnership agreements and corporate restructuring. Bookmark this page to track developments in Altair International's mineral exploration programs and corporate activities as they are disclosed to the market.
Altair International Corp. (ATAO) has released a shareholder letter from President Ross Gourdie highlighting the company's recent merger with Premier Air Charter. The company reported a 12% year-over-year revenue growth of nearly $10 million in the first half of last year due to new aircraft acquisitions.
Operating in the $32 billion global air charter market, Premier Air Charter has expanded its fleet to 10 aircraft with the addition of two Gulfstream IV aircraft. The company has applied for a '10 or more' passenger FAA certificate to pursue higher-value charter opportunities.
Premier Air Charter maintains an in-house maintenance team and is seeking certification to service other charter airline aircraft as a new revenue stream. The company aims to capitalize on the strong market conditions, as North American private jets logged 5,238,986 flight hours in 2024, marking a 16.3% increase from pre-Covid 2019 levels.
Altair International Corp. (OTCQB:ATAO) has completed its merger with Premier Air Charter, Inc., making the latter a wholly-owned subsidiary. Premier Air Charter, based in Carlsbad, California, specializes in luxury private jet services, offering charter flights, aircraft maintenance, management, and sales services with a diverse fleet ranging from light to heavy jets.
As part of the merger, significant leadership changes have occurred: Ross Gourdie has been appointed as President and Board Member, while Sandra J. DiCicco has taken the position of CEO and Chairman of the Board. Amy Scannell joined Vincent Monteparte as Board Members, replacing Leonard Lovallo, who stepped down as CEO and Board Member. The company plans to undergo a name and symbol change to better align with its future vision.
Altair International Corp (OTCQB:ATAO) announced that its merger partner, Premier Air Charter, Inc., reported a 12% increase in unaudited revenue for the first six months of 2024. Premier's revenues reached $9,944,306, attributed to increased chartered hours from new aircraft acquisitions. The merger, announced on February 16, 2024, is expected to be completed by August 31, 2024. Premier's CEO, Ross Gourdie, expressed excitement about the merger, stating that access to public markets will accelerate their expansion plans. Following the merger, Premier's officers and directors will assume leadership roles at Altair.
Altair International Corp (OTCQB: ATAO) announced significant advancements in its Energy Storage Unit (ESU) technology developed by EV Lithium Solutions, Inc. The ESU eliminates lithium use, allowing for over 1,000,000 charge cycles and a lifespan of 30 years, unlike traditional lithium batteries. This innovation reduces weight, enhancing electric vehicle range. Additionally, Altair amended its agreement with American Lithium Minerals, Inc. to adjust work commitments for upcoming years while fulfilling obligations with the US Bureau of Land Management.
Altair International Corp (OTCQB: ATAO) has announced positive results from its July 2021 soil sampling program at the Stonewall Lithium Project in Nevada. The program, designed to confirm previous lithium findings, collected 137 sediment samples revealing lithium grades between 20.8 and 172.5 ppm. Notably, two of the three claim blocks showed highly anomalous lithium values. This project is part of an earn-in agreement with American Lithium Minerals, allowing Altair to acquire up to 60% interest in the project. The analysis was performed by ALS Global Labs with quality assurance measures in place.
PITTSBURGH, July 30, 2021 -- Altair International Corp. (OTCQB: ATAO) announces the appointment of Mr. Matthew Kiang as Chief Operating Officer of EVLS and member of its Advisory Board. Mr. Kiang brings extensive experience in the automotive and battery sectors, having worked with Daimler Mercedes-Benz and LG. His expertise in international markets, especially in Asia, is expected to drive development and expansion within the company's lithium battery technology. This strategic addition aims to enhance shareholder value and capture new business opportunities.
Altair International Corp. (OTCQB: ATAO) has successfully completed a shallow-depth sampling program at its Stonewall Lithium Project in Nevada, involving approximately 120 samples. This marks the first phase of field work covering three claim groups over 1,260 acres. The program aims to explore previously identified high lithium values from 2017. Samples have been sent to ALS Global for analysis using advanced ICP-MS methods. Altair holds a 60% earn-in option for the Stonewall Lithium Project under an agreement with American Lithium Minerals Inc.
Altair International Corp. (OTCQB: ATAO) announced significant progress in its solid-state graphene architecture lithium battery technology through its subsidiary, EV Lithium Solutions. The development is ahead of schedule, with Culhane Meadows engaged for patent applications. The new Energy Storage Unit (ESU) technology offers rapid charging, with full charge times of 14-20 minutes, and a range of 430 miles per charge, surpassing current EV capabilities. Additionally, the ESU boasts a lifespan of 60,000 cycles and enhanced safety features, eliminating thermal runaway risks.
Altair International Corp. (OTC: ATAO) recently announced its upgrade to the OTCQB tier, enhancing visibility and potential investment opportunities. The company is actively developing advanced battery technology through its subsidiary, EV Lithium Solutions, Inc., aiming for a significant range and power improvements in electric vehicle batteries. Additionally, Altair is progressing on a resource project in the U.S., with indications of a sizable reserve that could compete with major industry players. Patent applications for the battery technology are set to begin shortly.
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