RNWR - 808 Renewable Energy launches global expansion plan with acquired Silverlight Aviation
808 Renewable Energy ([[RNWR]] -24.5%) is about to launch its new Global Expansion Plan with its newly acquired Silverlight Aviation, specializing in the design and manufacturing of gyroplane or autogyro aircraft in the form of kits or fully-assembled and ready to fly aircraft.SilverLight Q1 orders are higher than the full year 2020 orders and also from many new market areas, including Taiwan.The company may further expand its operation into reverse-trike electric vehicles and working on a new revolutionary Flying Car concept which it will be a EVTOL (Electric Vertical Takeoff & Landing vehicle).This new project is fully funded and it is scheduled to be completed within the next two years.
For further details see:
808 Renewable Energy launches global expansion plan with acquired Silverlight Aviation