RIL acquires majority stake in skyTran Inc
Reliance Strategic Business Ventures Limited ...
"We firmly believe that non-polluting high speed personal rapid transportation systems will help facilitate environmental sustainability through efficient use of alternative energy and make an impactful reduction in air and noise pollution," he added.
skyTran is a technology company incorporated under the laws of Delaware in the US in 2011. It has developed breakthrough passive magnetic levitation and propulsion technology for implementing personal transportation systems aimed at solving the problem of traffic congestion globally. The technology has been developed by skyTran to create smart mobility solutions, said a company statement.
Related News.
-
November 2024 “Can’t be ignored”
-
November 2024 Record sales
-
November 2024 “INDIA HOLDS KEY”
-
November 2024 OYO on A buying spree
EDITOR'S DESK, Nov 2024
On November 6, the U.S. witnessed an extraordinary political turnaround as Donald J. Trump made a triumphant return, overcoming legal hurdles, a volatile political climate, and even assassination attempts. His victory in the 2024 presidential election is not only seen as a personal vindication but also as a momentous event for the global Indian diaspora, who have often viewed Trump as a reliable ally of India.
more...
Ads Spot
Comments.