Tausi Insider

The U.S. Federal Aviation Administration (FAA) said Monday it is proposing a requirement that passenger and cargo aircraft in the United States have 5G C-Band-tolerant radio altimeters or install approved filters by early 2024. Concerns that 5G service could interfere with airplane altimeters, which give data on a plane’s height above the ground and are crucial for bad-weather landing, have led to recent disruptions at some U.S. airports. The proposed airworthiness directive, which would take effect in February, 2024, is similar to one that took effect in December, 2021, prohibiting passenger and cargo flight operations in the vicinity of 5G C-Band wireless transmitters unless the FAA specifically approved them. The FAA is also proposing a requirement that airlines revise airplane flight manuals to prohibit low-visibility landings after June 30 unless retrofits have been completed on that airplane. Verizon and AT&T in June voluntarily agreed to delay some C-Band 5G usage until Ju...

Hexo Corp. HEXO-T says the Nasdaq Stock Market LLC has informed the cannabis company that it has regained compliance with minimum bid price requirements. Gatineau, Que.-based Hexo became non-compliant with the requirement when its closing bid price for common shares listed on the Nasdaq dropped below US$1 for 30 consecutive trading days. The company says it received a notice from Nasdaq on Jan. 19 that it has regained compliance after its shares closed at or greater than the US$1 per share minimum requirement for the last 10 consecutive business days. Hexo’s shares closed Thursday at US$1.49, up from about 50 cents US a year ago when Nasdaq issued the non-compliance notice. Charlie Bowman, CEO of Hexo, says the market is starting to recognize the strides the company has made this year to position Hexo for long-term success. He says the company has kept a tight focus on resetting the organization for profitable growth and remains dedicated to delivering a premium cannabis experience. ...