Business briefs

Published 5:43 pm Tuesday, December 26, 2023

Samson Sky has been granted another patent for the Switchblade, the flying car that has been tested and designed in Central Oregon.

This patent, the Redmond-based company’s sixth, involves the vehicle’s wing-swing design. The patent was granted by the European Union. According to Samson Sky, more patent applications have already been filed on the project.

Sam Bousfield, Samson Sky CEO and designer of the Switchblade, said the patent was necessary to securing a financially stable future for the project.

“Having these design patents on the wing-swing is a vital safeguard for Samson,” said Bousfield in a news release. “Being able to retract the wings and tail into the vehicle, fully protecting them while driving, is key to what makes the Switchblade truly practical for everyday use. No other flying car has ever had that feature.”

Samson Sky also reports having added over $5.5 million to its order books in the last several weeks, with media coverage of their Switchblade’s maiden flight reaching a total potential audience of more than 220 million people.

The Switchblade has demonstrated a maximum driving speed of 125 mph and has an estimated maximum flight speed of 190 mph. The same engine powers the wheels on the ground and the propeller in the air.

Intel Corp. confirmed it will invest a total of $25 billion in Israel after securing $3.2 billion in incentives from the country’s government.

The outlay, announced by the Israeli government in June and unconfirmed by Intel until now, will go toward an expansion of the company’s wafer fabrication site in Kiryat Gat, south of Tel Aviv. The incentives amount to 12.8% of Intel’s planned investment.

“The expansion plan for the Kiryat Gat site is an important part of Intel’s efforts to foster a more resilient global supply chain, alongside the company’s ongoing and planned manufacturing investments in Europe and the U.S.,” Intel said in a statement Tuesday.

Intel is among chipmakers diversifying manufacturing outside of Asia, which dominates chip production. The semiconductor pioneer is trying to restore its technological heft after being overtaken by rivals including Nvidia Corp. and Taiwan Semiconductor Manufacturing Co.

The Israeli government asked Intel to begin operations at the plant by 2028 and continue them until at least 2035. Intel also committed to spending 60 billion shekels, equal about $16.6 billion, with Israeli suppliers over the next decade, creating thousands of direct and indirect jobs. The company currently employs 11,700 people in Israel. Construction work for the expansion is underway.

Israel’s Finance Ministry said the investment is the largest by any company in the country.

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