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Sierra Nevada buys drone maker Volansi after VC funding dries up

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Sierra Nevada buys drone maker Volansi after VC funding dries up


WASHINGTON — Sierra Nevada Company on Monday introduced it has purchased industrial drone maker Volansi in a money deal.

Sierra Nevada’s buy contains all of Volansi’s mental property and property, together with the corporate’s Voly-50 and Voly-T drones and its manufacturing facility in Bend, Oregon.

Tim Owings, government vp for mission options and applied sciences at Sierra Nevada, informed reporters on the Affiliation of the U.S. Military’s annual convention in Washington that Volansi misplaced its enterprise capital funding and went by means of a foreclosures. Negotiations on the sale began about two months in the past, he mentioned.

Owings declined to reveal the value of the transaction, noting solely it was “considerably much less” than what different drone corporations have bought for just lately. The deal closed Sept. 30, Sierra Nevada mentioned.

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Volansi will function underneath a brand new title inside Sierra Nevada to concentrate on the corporate’s unmanned plane operations, however is not going to be a subsidiary, Owings mentioned. Sierra Nevada remains to be making an attempt to determine on the brand new title.

Owings mentioned about 30 key Volansi workers, together with engineers, are additionally coming to the corporate after the acquisition. Sierra Nevada will probably be including extra workers to this effort.

Volansi began with a concentrate on logistics drones however later moved into the protection world. Final December, the corporate teamed up with Sierra Nevada to work on the Military Future Tactical Unmanned Methods Increment 2 program, or FTUAS.

As a result of Sierra Nevada had already been working with Volansi, Owings mentioned, they had been a “pure match” to purchase the foundering firm.

“From the very starting, everybody noticed this as probably the most viable consequence,” Owings mentioned.

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Hannan Parvizian, chief government and co-founder of Volansi, is not going to be becoming a member of Sierra Nevada. When requested if Will Roper, the previous Air Drive acquisition chief who sat on Volansi’s board of administrators, or any of Volansi’s different advisors could be coming, Owings mentioned no, including that the corporate has its personal advisors.

Sierra Nevada will honor Volansi’s present contracts with corporations akin to pharmaceutical agency Merck, in line with Owings.

Stephen Losey is the air warfare reporter for Protection Information. He beforehand lined management and personnel points at Air Drive Occasions, and the Pentagon, particular operations and air warfare at Army.com. He has traveled to the Center East to cowl U.S. Air Drive operations.



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Nevada

NEVADA VIEWS: Strengthening democracy

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NEVADA VIEWS: Strengthening democracy


With the primary election behind us and the general election fewer than five months away, we stand at a critical juncture in the history of our republic. The cornerstone of our nation’s strength lies in the integrity of our electoral process. Yet, recent years have seen a troubling erosion of trust in our elections. It’s vital that every Nevadan recognize the importance of upholding confidence in the 2024 election.

In a democracy, the legitimacy of our government derives from the consent of the governed. When citizens lose faith in the electoral system, the very foundation of our republic is compromised. Trust in the electoral process is not merely a matter of convenience or partisan advantage — it is fundamental to the functioning of our democratic institutions. Without it, the fabric of our society frays, and the bonds of citizenship weaken.

Nevadans must reject the corrosive rhetoric that seeks to undermine our democratic institutions. We must stand united in defense of the integrity of our elections, regardless of party affiliation. That’s why we are proud to stand with RightCount, a Republican-led entity that is committed to restoring trust in our elections. With RightCount’s help, we will dig into the questions and concerns Nevadans have and shine a light on the vote-counting process. The strength of our democracy lies in our ability to come together as a community and uphold the principles that bind us as Americans.

Nevada has a rich history of civic engagement and participation. From the silver mines of the Comstock Lode to the bustling streets of Las Vegas, our state has been shaped by the contributions of generations of hardworking and patriotic Nevadans. At the heart of our shared heritage is a commitment to democracy and the rule of law. This year’s upcoming elections present us with an opportunity to reaffirm our commitment to free and fair elections. Nevadans will likely determine not only who will win the White House, but also which party will control the U.S. Senate next year — the eyes of the country will be upon us in November. At the state level we will decide whether or not Gov. Joe Lombardo’s veto can be sustained by electing more Republicans to the Legislature.

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And while our state as a whole has an interest in serving as a model for the nation, so too does our Republican Party. Complaining about the rules every time we come up short is not a recipe for advancing a conservative agenda. Nevada’s former secretary of state, a fellow Republican, said there was no “evidentiary support” that widespread voter fraud occurred in the state’s 2020 election. Additionally, two prominent Nevada GOP lawmakers, state Sen. Jeff Stone and Assemblyman Ken Gray, recently reversed themselves and now say that there was no evidence that massive voter fraud occurred in the 2020 election.

Of course, all eligible voters should have the confidence that their voice will be heard and their vote will be counted. This requires not only robust safeguards to protect against fraud but also transparency and accountability at every stage of the electoral process. Any indication of irregularities must continue to be thoroughly investigated and resolved to ensure the integrity of our elections.

It is incumbent upon our elected officials, from the governor’s mansion to the Legislature, to demonstrate leadership in promoting trust and confidence in our electoral system.

This means investing in voter education, ensuring access to the ballot box for all eligible citizens and rigorously enforcing laws against election interference and fraud.

But the responsibility does not rest solely with our elected leaders. Each and every one of us has a role to play in safeguarding the integrity of our elections. Whether by volunteering as poll workers, engaging in civil discourse or simply casting our ballots with conviction, we can all contribute to the strength of our democracy.

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In the end, the vitality of our democracy depends on the faith and trust of the people. Let us seize this moment to reaffirm our commitment to the principles of self-government and civic participation. Together, let us ensure that the 2024 elections are a testament to the enduring strength of our democracy and the resilience of the American spirit.

Robert List, a Republican, served as Nevada governor and attorney general. Heidi Seevers Gansert, Republican from Reno, is minority leader of the state Senate.



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Nevada jury awards over $3B in damages against Real Water

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Nevada jury awards over $3B in damages against Real Water


(WJET/WFXP) — A jury has awarded $3 billion in punitive damages to 8 Las Vegas residents who suffered from sudden-onset liver failure after consuming the recalled and discontinued Real Water brand drinking water.

The Las Vegas residents, including 5 children and 3 adults, claimed that Real Water contained a toxic chemical known as hydrazine, which led to their sudden-onset liver failure.

A jury has awarded $3 billion in punitive damages to 8 Las Vegas residents who suffered from sudden-onset liver failure after consuming the recalled and discontinued Real Water brand drinking water.

The Las Vegas residents, including 5 children and 3 adults, claimed that Real Water contained a toxic chemical known as hydrazine, which led to their sudden-onset liver failure. Hydrazine is a toxic chemical used in the production of rocket fuel. The children involved ranged from 7 months old to 5 years old and had to be flown to a children’s hospital in Salt Lake City, Utah for treatment which was a result of drinking Real Water in the fall of 2020.

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Real Water argued that they did not anticipate that hydrazine would be present in the water.

You felt like you were poisoned and you were dying.

Christopher Wren, Plaintiff

The emotional testimony revealed the pain and fear endured during the moments from hospitalization to recovery. All those affected now suffer from permanent liver damage and mental trauma.

After the Las Vegas-based health district made the FDA investigation public in mid-March 2021, company president Brent Jones issued a statement calling for stores nationwide to pull Real Water from shelves. The company termed the move voluntary.

A federal lawsuit, settled in June 2021, claimed that Real Water personnel had not properly cleaned and sanitized the water tanks in which they mix processed municipal tap water with E2 Concentrate, potentially leading to chemical and microbial contamination.

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While the companies marketed their products as a healthy alternative to tap water, the government alleged that the products, in fact, consisted of municipal tap water that the defendants processed with various chemicals in violation of current good manufacturing practices, relevant food safety standards and hazard prevention measures

In June 2021, the FDA announced that Real Water had agreed to cease operations until they could comply with federal regulations.

However, just two months later, on August 20, 2021, the company officially filed for Chapter 7 bankruptcy amid several pending lawsuits.

This is not the first case where a jury awarded millions in damages. In October 2023, a jury awarded over $228 million in damages to several plaintiffs who also suffered from liver failure, including the family of a 69-year-old woman who died from liver failure in 2020.

The children involved ranged from 7 months old to 5 years old and had to be flown to a children’s hospital in Salt Lake City, Utah for treatment which was a result of drinking Real Water in the fall of 2020.

Real Water argued that they did not anticipate that hydrazine would be present in the water — hydrazine is a toxic chemical that is used in the production of rocket fuel.

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You felt like you were poisoned and you were dying.

Christopher Wren, Plaintiff

The emotional testimony revealed the pain and fear endured during the moments from hospitalization to recovery. All those affected now suffer from permanent liver damage and mental trauma.

After the Las Vegas-based health district made the FDA investigation public in mid-March 2021, company president Brent Jones issued a statement calling for stores nationwide to pull Real Water from shelves. The company termed the move voluntary.

A federal lawsuit, settled in June 2021, claimed that Real Water personnel had not properly cleaned and sanitized the water tanks in which they mix processed municipal tap water with E2 Concentrate, potentially leading to chemical and microbial contamination.

While the companies marketed their products as a healthy alternative to tap water, the government alleged that the products, in fact, consisted of municipal tap water that the defendants processed with various chemicals in violation of current good manufacturing practices, relevant food safety standards and hazard prevention measures

In June 2021, the FDA announced that Real Water had agreed to cease operations until they could comply with federal regulations.

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However, just two months later, on August 20, 2021, the company officially filed for Chapter 7 bankruptcy amid several pending lawsuits.

This is not the first case where a jury awarded millions in damages. In October 2023, a jury awarded over $228 million in damages to several plaintiffs who also suffered from liver failure, including the family of a 69-year-old woman who died from liver failure in 2020.



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‘You felt like you were poisoned and you were dying’: Nevada jury awards over $3 billion in damages against Real Water

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‘You felt like you were poisoned and you were dying’: Nevada jury awards over $3 billion in damages against Real Water


(WJET/WFXP) — A jury has awarded $3 billion in punitive damages to 8 Las Vegas residents who suffered from sudden-onset liver failure after consuming the recalled and discontinued Real Water brand drinking water.

The Las Vegas residents, including 5 children and 3 adults, claimed that Real Water contained a toxic chemical known as hydrazine, which led to their sudden-onset liver failure.

A jury has awarded $3 billion in punitive damages to 8 Las Vegas residents who suffered from sudden-onset liver failure after consuming the recalled and discontinued Real Water brand drinking water.

The Las Vegas residents, including 5 children and 3 adults, claimed that Real Water contained a toxic chemical known as hydrazine, which led to their sudden-onset liver failure. Hydrazine is a toxic chemical used in the production of rocket fuel. The children involved ranged from 7 months old to 5 years old and had to be flown to a children’s hospital in Salt Lake City, Utah for treatment which was a result of drinking Real Water in the fall of 2020.

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Real Water argued that they did not anticipate that hydrazine would be present in the water.

You felt like you were poisoned and you were dying.

Christopher Wren, Plaintiff

The emotional testimony revealed the pain and fear endured during the moments from hospitalization to recovery. All those affected now suffer from permanent liver damage and mental trauma.

After the Las Vegas-based health district made the FDA investigation public in mid-March 2021, company president Brent Jones issued a statement calling for stores nationwide to pull Real Water from shelves. The company termed the move voluntary.

A federal lawsuit, settled in June 2021, claimed that Real Water personnel had not properly cleaned and sanitized the water tanks in which they mix processed municipal tap water with E2 Concentrate, potentially leading to chemical and microbial contamination.

Advertisement

While the companies marketed their products as a healthy alternative to tap water, the government alleged that the products, in fact, consisted of municipal tap water that the defendants processed with various chemicals in violation of current good manufacturing practices, relevant food safety standards and hazard prevention measures

In June 2021, the FDA announced that Real Water had agreed to cease operations until they could comply with federal regulations.

However, just two months later, on August 20, 2021, the company officially filed for Chapter 7 bankruptcy amid several pending lawsuits.

This is not the first case where a jury awarded millions in damages. In October 2023, a jury awarded over $228 million in damages to several plaintiffs who also suffered from liver failure, including the family of a 69-year-old woman who died from liver failure in 2020.

The children involved ranged from 7 months old to 5 years old and had to be flown to a children’s hospital in Salt Lake City, Utah for treatment which was a result of drinking Real Water in the fall of 2020.

Real Water argued that they did not anticipate that hydrazine would be present in the water — hydrazine is a toxic chemical that is used in the production of rocket fuel.

Advertisement

You felt like you were poisoned and you were dying.

Christopher Wren, Plaintiff

The emotional testimony revealed the pain and fear endured during the moments from hospitalization to recovery. All those affected now suffer from permanent liver damage and mental trauma.

After the Las Vegas-based health district made the FDA investigation public in mid-March 2021, company president Brent Jones issued a statement calling for stores nationwide to pull Real Water from shelves. The company termed the move voluntary.

A federal lawsuit, settled in June 2021, claimed that Real Water personnel had not properly cleaned and sanitized the water tanks in which they mix processed municipal tap water with E2 Concentrate, potentially leading to chemical and microbial contamination.

While the companies marketed their products as a healthy alternative to tap water, the government alleged that the products, in fact, consisted of municipal tap water that the defendants processed with various chemicals in violation of current good manufacturing practices, relevant food safety standards and hazard prevention measures

In June 2021, the FDA announced that Real Water had agreed to cease operations until they could comply with federal regulations.

Advertisement

However, just two months later, on August 20, 2021, the company officially filed for Chapter 7 bankruptcy amid several pending lawsuits.

This is not the first case where a jury awarded millions in damages. In October 2023, a jury awarded over $228 million in damages to several plaintiffs who also suffered from liver failure, including the family of a 69-year-old woman who died from liver failure in 2020.



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