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Showing posts with the label #US startup

US Flying Taxi's Royal Seal of Approval

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Massachusetts Startup Alakai Hydrogen Powered e-VTOL                                                       Source:  Skai History of Parliament Trust Honor for Skai's Decarbonizing Flying One of the most exciting and promising zero emissions vehicles created in the 2020's is the world's first hydrogen fuel cell powered flying taxi/e-VTOLs called Skai.  It's a hydrogen cell-electric, vertical take-off and landing vehicle that can carry 5 people.  Alakai Technologies of Hopkinton, Massachusetts invented Skai, which has been awarded the "Royal Seal of Approval" for its mission to decarbonize travel and protect the environment.  It will be featured in the Official "History of Parliament Trust 300 Years of Leadership and Innovation" commemorative publication.  The platform recognizes Skai for setting a new stan...

DoorDash Dashes After Big Money

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December IPO To Raise $2.8 Billion                                             Source:  DoorDash Hot Food Delivery US Startup San Francisco based startup DoorDash is expected to raise nearly $3 billion in a December IPO on the NYSE.  That would double the value of the food delivery startup.  DoorDash is expected to be one of the biggest IPO's of 2020. COVID-19 Driving Restaurant Meal Take-Outs COVID-19 has greatly accelerated demand for meal delivery services as people try to avoid going into restaurants and stores.  That has driven up business for Door Dash, which is the biggest, 3rd party delivery service for restaurants in the US. Millions of IPO Shares DoorDash is pricing 33 million shares at between $75 and $85.  At $85 per share that would give DoorDash a market cap of $27 billion.  In June during a private fundraising roun...