Following the recent investor update in January 2019, The EIS Fund Vala Capital expressed an interest in purchasing, 6678 VN-ADS shares at the Round 2 strike price of £20 per share. This led to an intensive technical due diligence process, which I am pleased to inform you was successfully completed last week. The sale of […]
A portable emissions measurement system measures real-driving emissions on a Citroen C4. Photo credit: Reuters
A double shot of new emissions tests is shaking up the European auto market this year, disrupting production and sales, and weighing on automakers’ profits.
The two tests are the WLTP, or Worldwide harmonized Light vehicles Test Procedure, and its on-road companion, the […]
TRAVERSE CITY, Mich. — The industry may be entering the age of electrification and automated driving, but larger numbers of vehicles using electric motors and driving themselves won’t slow the growth of turbochargers, says Craig Balis, chief technology officer of Honeywell Transportation Systems.
The way Balis sees it, turbochargers complement hybrids that use a gasoline or […]
The UK Challenger Fund closed a £60,000 investment in VN H- Power Generation Ltd’s Third Round Raise valuing VN-HPG at £10.3m and a £200,000 investment in Vn Aerotoxic Detection Solutions Ltd valuing VN-ADS at £2.3m
Jasper Smith of General Investment Partners the Funds mentors said:
“The UK Challenger Fund is designed to identify early stage, growth ventures […]
HM Revenue and Customs has defeated a tax avoidance scheme used by the wealthy to reduce their tax bills.
The decision on the scheme, known as Clavis Liberty Fund 1 Limited Partnership, means £18m of tax money will be paid to HMRC, cash that ultimately goes to the government to be used on public services.
HMRC said the Upper Tribunal’s […]
High-risk venture: tax breaks which financed James Bond are coming under fire
Film investment schemes that have helped finance a string of hits, including the James Bond movie Skyfall, are under threat from a government review of business funding.
Curbs to the Enterprise Investment Scheme (EIS) — where investors are given tax breaks for backing high-risk ventures […]
HMRC brought in an extra £29bn by cracking down on the minority of individuals and businesses who try to not pay the tax they owe.
The figure is revealed in its annual reports and accounts for 2016/ 2017 published on 13 July, which also showed improved customer service.
Last year was HMRC’s seventh consecutive year of record total […]
Richard “Dick” Blumenthal the senior United States Senator from Connecticut moves an amendment to improve the safety of air supply on commercial aircraft.
His amendment to title 49 of the United States Code regarding authorisation of appropriations for the Federal Aviation Administration (FAA) seeks funding to include under Section 2315 Aircraft Air Quality the following:
Educational […]
A recent report published by the World Health Organisation states that Aircraft air supplies contaminated by pyrolysed engine oil and other aircraft fluids can reasonably be linked to acute and chronic symptoms, findings and diagnoses, thus establishing causation.
The aim of the study was to undertake an in-depth investigation of aircrew involved in suspected aircraft contaminated air […]
VN ADS directors have been invited to join the new committee that was recently setup to develop air quality standards for cabin sensors. The first meetings will begin on May 3, 2017 and cover:
Background to Committee Formation & IATA Tasking
Presentation “Need and Expectations of sensoric system”
Review Projected Timetable for Development of Standard
Discussion and development of document
