Blockchain Press Releases
Business jet simulators – the changing face of pilot training
WISTON, England, July 10, 2023 /PRNewswire/ — With strikes, delays, crowded airports and staff shortages across the aviation industry, the last few years have seen an unparalleled rise in the use of private aviation for both business and pleasure, with clients now seeing it as an essential rather than a luxury expense.
However, private as well as commercial pilots need to complete their training and then re-test regularly in order to keep their licences. Part of this involves training on a simulator identical to the plane they will be flying, but there are now so many different types of private aircraft that getting a slot on a relevant simulator is becoming problematic.
Here, Jim Scott, owner of components solutions specialist Artemis Aerospace, discusses the emergence of ‘bespoke’ flight simulators in response to this issue and how the company is leading the way in business jet simulator creation.
A simulator, or training device, artificially recreates an aircraft flight. It reacts to internal factors such as the use of flight controls and can reproduce the effects of external ones such as weather, turbulence, air density and wind force.
Every pilot must learn how to fly an aircraft using both VFR (visual flight rules) and IFR (instrument flight rules). Under VFR, the pilot primarily controls and navigates the aircraft using external visual references; a simulated flight will show the exact layout of the chosen flight path with forests, mountains, cities, seas, rivers and roads. Under IFR rules, the aircraft is flown using only the instruments with no visual references. This is utilised at night, in fog or heavy cloud, or in some areas of restricted airspace which is for IFR traffic only. A simulator will prepare a pilot for both, and also gives crucial training for emergency situations such as mechanical or electrical failure, aborted take-off or landing, ice on the wings, low fuel and loss of communication. It’s an essential tool in pilot training and CPD.
In 2022, Boeing announced that the world faced a dramatic shortage of qualified pilots and suggested that European airlines would need to hire 6,000 pilots a year for the next two decades; a similar number would be required in North America and China. Time spent on a simulator is an integral part of training, so the potential backlog is huge. For private and business aircraft, the number of available simulators is considerably lower than those for large commercial aircraft.
So, what happens when a specific business jet simulator is needed but there is no ‘off-the-shelf’ solution readily available? The answer is to create it!
Recently, we were approached by a client to support them with the production of an Embraer Phenom 300 simulator.
The Embraer Phenom 300 series has been named the best-selling light jet in the world for eleven years in a row and has over 700 units currently in operation. It can reach a speed of Mach 0.80 and has a range of 3723 km. It’s also currently the only business aircraft to have a runway overrun awareness and alerting system (ROAAS), which gives an advisory if the approach to the runway is too steep or too fast.
However, as the demand for business jets grows, so does the requirement for suitable training simulators. Utilising our years of expertise in the global component supplies market, we have sourced all the necessary parts and equipment for our customer to build Embraer Phenom 300 simulator that provides the high levels of fidelity expected.
This includes a cockpit sourced from a decommissioned aircraft along with primary furnishing, controls and panels – so that walking into the simulator is just like embarking the plane itself. Working with our extensive global network of suppliers, we have come up with inventive solutions to create as near an exact copy of the aircraft as possible, on time and within budget.
Keeping up with the rising demand for business jet pilots will be a huge task over the next few years and the supply of suitable components for the manufacture of training devices will be key in keeping on top of that challenge.
Photo – https://mma.prnewswire.com/media/2149136/Artemis_Aerospace.jpg
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Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
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According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.
Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.
As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
The post ShibaSwap rolls out major upgrade, moves to Shibarium appeared first on HIPTHER Alerts.
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