Welcome to our dedicated page for Altair Intl news (Ticker: ATAO), a resource for investors and traders seeking the latest updates and insights on Altair Intl stock.
Altair International Corp. (ATAO) publishes regular news and updates that trace its evolution as a diversified holding company and document key developments across its portfolio. Recent announcements emphasize the completed merger with Premier Air Charter, Inc., which made Premier a wholly owned subsidiary and shifted a significant part of Altair’s focus toward private aviation and luxury jet charter services.
News items related to Premier Air Charter describe its operations as a Carlsbad, California-based aircraft charter provider with a diverse in-house fleet, private jet charter flights, aircraft management, maintenance, and aircraft sales and acquisitions. Releases have discussed fleet expansion, including the acquisition of additional aircraft and large-cabin jets, applications for regulatory certifications, and revenue growth in charter services over multi-month periods.
Earlier Altair news highlights activities in energy storage technology through its subsidiary EV Lithium Solutions, Inc. (EVLS), including progress in developing a proprietary Energy Storage Unit battery platform and steps toward patent protection. Other updates cover mineral exploration work at the Stonewall Lithium Project in Nevada and the Kingman Rare Earth Project in Arizona, such as soil sampling programs, laboratory analysis of lithium anomalies, and amendments to earn-in agreements.
Investors and observers following ATAO-related news can review these releases to understand how Altair’s business mix has developed over time, from energy storage and mineral projects to the integration of Premier Air Charter’s private aviation operations.
Altair International Corp. (OTC: ATAO) has finalized the acquisition of innovative solid-state lithium battery technology from Cryptosolar Ltd. The new subsidiary EV Lithium Solutions, Inc. will oversee this acquisition, securing rights and prototypes from Cryptosolar. This advanced battery technology aims to improve charging times, safety, and longevity, crucial for the growing electric vehicle market. CEO Leonard Lovallo emphasized the potential of this technology to significantly impact the sector, aligning with a trend towards wider adoption and government support.
Altair International Corp. (OTC: ATAO) has signed a License and Royalty Agreement with St-Georges Eco-Mining Corp. and St-Georges Metallurgy Corp. This agreement, dated February 11, 2021, grants Altair a non-exclusive license to use St-Georges' patent-pending lithium extraction technology for its lithium-bearing prospects in the U.S. In return, Altair will pay a 5% royalty on extracted metals. Additionally, Altair will act as the exclusive master agent for St-Georges' EV Battery Recycling Technology, earning a 1% trailer fee on royalties from sub-agents. CEO Leonard Lovallo expressed optimism about the partnership's potential impact.
Altair International Corp. (OTC: ATAO) has announced the appointment of Ramzi Khoury to its Board of Directors, effective February 8, 2021. Khoury, who has significant leadership experience from his tenure at Forinstrats Limited and other multinational companies, is expected to enhance Altair's strategic direction as it expands in the mineral resource and energy sectors. President Leonard Lovallo expressed confidence that Khoury's expertise will help identify and evaluate new business opportunities, supporting the company's growth ambitions.