USTDA Provides Funding for Verdant Power Feasibility Study in Turkey
Ankara, Turkey -- The U.S. Trade and Development Agency (USTDA) has awarded a first of its kind grant to study the technical and financial feasibility of installing a Verdant Power Kinetic Hydropower System (KHPS) downstream of the Seyhan hydropower plant, located near the city of Adana, Turkey. The $669,875 grant is the USTDA's first to explore the exportation of Marine and Hydrokinetic (MHK) power systems, which convert the energy of free-flowing water currents into electricity. - Published in Latest
Turkey’s procurement authorities are hoping that a recently signed US $3.5 billion contract with US helicopter maker Sikorsky will not only earn the local industry critical capabilities and support the country’s indigenous helicopter program, but also bring in more than $1 billion in revenue through exports.
Sierra Nevada Space Systems (SNC) said it is collaborating with NASA’s Marshall Space Flight Center and Teledyne Brown Engineering, both of Huntsville, Ala., on mission concepts for the Dream Chaser spaceplane the Louisville, Colo.-based company is building with roughly $300 million in financial support from NASA.
NEW YORK (Reuters) - Chobani, the Greek yogurt maker that has grown into a U.S. sensation, is looking to sell a minority stake in a deal that could value the company at around $2.5 billion, people familiar with the matter said. The company is working with Bank of America Corp as it considers selling roughly 20 percent, and is speaking to consumer companies and private equity firms to gauge their interest, the people said on Monday.
