Altair Intl Corp Stock Price, News & Analysis

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.