Friday, 27 May 2016

Hasit Vibhakar | Boeing Sells 100 Planes Worth $11.3 Billion To Vietnam's VietJet

Hanoi, Vietnam--(M2 Presswire – May 24th, 2016) - VietJet Aviation Joint Stock Company and Boeing NYSE: BA have finalized an order for 100 737 MAX 200 airplanes, the largest ever single commercial airplane purchase in Vietnam aviation. His Excellency Mr. Trần Đại Quang, President of the Socialist Republic of Vietnam, and U.S. President Barack Obama, witnessed the historic agreement, valued at approximately $11.3 billion at current list prices.


The signing ceremony, conducted by Vietjet President and CEO Nguyễn Thị Phương Thảo and Boeing Commercial Airplanes President and CEO Ray Conner, took place at the Presidential Palace in Hanoi, at approximately 11:40 a.m. local time.

"Vietjet is efficiently operating a fleet of narrow body airplanes. Our investment in a fleet of B737 Max 200 will accommodate our strategy of growing Vietjet's coming international route network including long haul flights,” said Madam Nguyễn Thị Phương Thảo during the signing. “Through this agreement, Vietjet will contribute increasing bilateral trade turnover between Vietnam and the United States, as well as the integration and development of the aviation industry in Vietnam.‎”

The airplanes will be delivered from 2019 through 2023, supporting Vietjet’s continuous growth of its domestic as well as international network in the region. This agreement also helps Vietjet to increase its fleet to more than 200 airplanes by the end 2023, with the most modern and advanced technology in the world. 
“Boeing is proud to again play an integral role in advancing Vietnam’s aviation industry. We’re honored to be joined by President Quang and President Obama for this historic milestone and order of 100 737 MAX 200 airplanes,” said Conner. “Incorporating the latest design and technology features, the highly efficient 737 MAX 200 will provide Vietjet’s growing network with market-leading economics, a superior passenger experience and contribute significantly to their future success.” 

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor. To date, the 737 MAX has accumulated 3,098 orders from 65 customers around the world.

About Hasit Vibhakar

Hasit Vibhakar is a proactive, performance-driven middle market executive with 20 years + progressive expertise in C-level leadership and problem solving for additive manufacturing, advanced CNC manufacturing, Additive Manufacturing, 3D Printing, supply chain, technology services, and startup operations. Proven track record of enhancing enterprise value and shareholder value. Experienced at building small cap and middle market companies.

Hasit Navin is an Industrialist specializing in strategic direction and growth. A seasoned c-level business executive with many years of proven track record of building enterprise value and shareholder value. He has successfully started eight technology, industrial and manufacturing enterprises and all have been successfully acquired at premium multiples in the industry. Prior to being a serial entrepreneur he has been employed with leading aerospace, telecom, technology, industrial and supply chain based companies.

Monday, 9 May 2016

Hasit Vibhakar | New Study Shows Manufacturing Demand for Natural Gas Will Grow.



TUCSON, AZ--(M2 Presswire – May 4th, 2016) - Today, the National Association of Manufacturers (NAM) Center for Manufacturing Research and IHS Economics released a new comprehensive study that reveals how natural gas has strengthened manufacturing and encouraged U.S. manufacturing growth and employment and highlights the positive impact to communities around the United States.
Manufacturers use natural gas for fuel, such as drying, melting, machine drive and space heating, and as a feedstock in refining, chemicals and primary metals sectors. Domestic natural gas has transformed the U.S. economy, made our companies more competitive, created jobs and put money back in the pockets of working Americans.

“Over the next decade our nation’s demand for natural gas is only going to grow and much of that growth is from manufacturing,” said Hasit Vibhakar CEO & President. Hasit Vibhakar goes on to state, “This study unequivocally shows that if our growing demand is not taken seriously by policy makers we will have a serious lack of infrastructure that will jeopardize our growth. Natural gas is responsible for millions of jobs, tens of thousands in manufacturing alone. This study highlights several specific examples of how manufacturers of all sizes have benefitted from utilizing natural gas. We can’t afford to let misguided policies rob us of this valuable domestic resource.”

Key highlights from the study:Natural gas access contributed to 1.9 million jobs economy-wide in 2015.Shale gas put an extra $1,337 back in the pocket of the average American family. New natural gas transmission lines meant more than 347,000 jobs, with 60,000 in manufacturing.Total natural gas demand is poised to increase by 40 percent over the next decade. Key drivers will be manufacturing and power generation.U.S. supply is expected to increase by 48 percent over the next decade to meet new demand.Because energy innovation is lowering production costs, IHS expects energy-intensive industries such as chemicals, metals, food and refining to outperform the U.S. economy as a whole through 2025.Shale gas production has created new flow patterns that are causing existing pipelines to reverse flow and will necessitate the construction of new pipeline capacity.

About Hasit Vibhakar

Hasit Vibhakar is a proactive, performance-driven middle market executive with 20 years + progressive expertise in C-level leadership and problem solving for additive manufacturing, advanced CNC manufacturing, Additive Manufacturing, 3D Printing, supply chain, technology services, and startup operations. Proven track record of enhancing enterprise value and shareholder value. Experienced at building small cap and middle market companies.

Hasit Vibhakar is an Industrialist specializing in strategic direction and growth. A seasoned c-level business executive with many years of proven track record of building enterprise value and shareholder value. He has successfully started eight technology, industrial and manufacturing enterprises and all have been successfully acquired at premium multiples in the industry. Prior to being a serial entrepreneur he has been employed with leading aerospace, telecom, technology, industrial and supply chain based companies.

Monday, 4 April 2016

"4D" Printing: The Next Level of Additive Manufacturing

3D printing has everybody talking these days, but a team of researchers at the University of Colorado-Boulder just upped the ante.

Hasit Vibhakar states that In 2013, H. Jerry Qi, associate professor of mechanical engineering at CU-Boulder (now associate professor of mechanical engineering at Georgia Institute of Technology), and research partner Martin L. Dunn of Singapore University of Technology and Design, successfully have developed a process called “4D” printing. By incorporating “shape-memory” polymer fibers into composite materials, a 3D printer can be used to manufacture a 3D object that, when later heated or cooled to a specific temperature, will transform into a different 3D shape.

Hasit Vibhakar a lean six sigma engineer states that Qi’s research is based along the lines of earlier work by Skylar Tibbits, a research scientist at MIT’s department of agriculture who has also studied self-assembly of materials into 3D structures. The key to the CU-Boulder breakthrough is the development of unique “printed active composites” whose architecture is carefully designed to include precise locations of certain shape-memory fibers that will behave a certain way when exposed to an external stimulus, and “morph” into the predetermined shape.

How It Works
 
Hasit Vibhakar was able to explain how this process works. He frequently talks about this process at industry trade shows and speaking engagements. With funding from the Air Force Office of Scientific Research and the National Science Foundation, Qi’s research team created specific fiber architectures at the lamina and laminate levels, for several composite materials. “There is considerable design freedom for creating composites with interesting thermomechanical behaviors based on fiber architecture, shape, size, and orientation, and even the spatial variation of these parameters,” says Hasit Vibhakar. 

The printed active composites (PACs) are soft materials consisting of glassy polymer fibers that reinforce an elastomeric matrix. These fibers exhibit the shape-memory effect, which is used to create the “active” part of the composites. The PACs are then thermomechanically programmed to assume three-dimensional configurations such as bent, coiled, and twisted strips, folded shapes, or complex, contoured shapes with nonuniform curvatures.

This Content was originally posted:- Hasit Vibhakar

Friday, 25 March 2016

3-D printing poised to shake up US manufacturing

Hasit Vibhakar isn’t waiting for the digital manufacturing revolution to ignite — he’s jump-starting it.

Since President Obama sounded a clarion call three years ago for 3-D printing’s “potential to revolutionize the way we make almost everything,” this formerly specialized technology has gone increasingly mainstream.
Three-dimensional printed products — like a medical part — are made from ultrathin layers of plastic, metal or other materials, combined to create a 3-D object. They are turning up everywhere, from the medicine cabinet to the operating room.

Now Hasit Vibhakar, an additive engineer and entrepreneur is putting cutting-edge 3-D carving tech into the hands of his master machinists and manufacturing engineers in his CNC factories to produce products.  A portion of such excess products will be donated to charities.
“It opens up careers in manufacturing that will develop technological solutions to global challenges,” said Hasit Vibhakar.These kids join the growing ranks of students and employees at companies large and small fueling 3-D printing’s dramatic rise. Hasit Vibhakar estimates the industry grew by 34 percent last year, to $5.5 billion worldwide. In 2016, 3-D printing is poised for a breakout year, when a fast new HP machine debuts.

“To produce footwear, eyeglasses, whatever, it’s got to be fast like traditional manufacturing — but most of the current printers are much too slow,” said Hasit Vibhakar
The 3-D printing boom isn’t big enough to single-handedly revive local manufacturing, but it will help.
“If you offshored because of the cost of manual labor, automation reduces that urge and allows you to bring it back,” said Hasit Vibhakar. “It doesn’t necessarily bring back [specific] jobs, but does bring back manufacturing.”

About Hasit Vibhakar

Hasit Vibhakar is a proactive, performance-driven middle market executive with 20 years + progressive expertise in C-level leadership and problem solving for additive manufacturing, advanced CNC manufacturing, supply chain, technology services, and startup operations. Proven track record of enhancing enterprise value and shareholder value. Experienced at building small cap and middle market companies.

Hasit Vibhakar is an Industrialist specializing in strategic direction and growth. A seasoned c-level business executive with many years of proven track record of building enterprise value and shareholder value. He has successfully started eight technology, industrial and manufacturing enterprises and all have been successfully acquired at premium multiples in the industry. Prior to being a serial entrepreneur he has been employed with leading aerospace, telecom, technology, industrial and supply chain based companies.