CEO Today - May 2022

The World’s First Hydrogen-Powered Helicopter is in Development Piasecki Aircraft Corp (PIAC) and EDM aerotec have teamed up to develop the world’s first hydrogen-powered helicopter. John Piasecki, CEO of PIAC, known for its long history of developing experimental aircraft, has saidhis company will be undertaking the world’s first human-carrying flight tests aboard EDM aerotec’s CoAX-2D helicopter. According to, the hydrogen-powered aircraft will use an 80-kW HyPoint high-temperature proton-exchange membrane (HTPEM) fuel cell. EDM aerotec will collaborate with PIAC to bring the CoAX-2D to the US market, potentially as soon as next year. “Both partners can continue to develop and complement their know-how—this is the perfect prerequisite for future developments,” EDM aerotec CEO Anja Ernst said in a statement. To support its research, PIAC has obtained two CoAX2D helicopters for engineering and flight evaluations. The company says the hydrogen version of the CoAX2D will consist of a battery, hydrogen tank, electric motor, power inverter, computer controller, four cooling fans, plus an oxygen tank. 9 MONTHLY ROUND-UP Kurt Cobain’s Guitar Could Fetch Up to $800,000 in May Auction Kurt Cobain’s left-handed 1969 blue Fender Mustang will go under the hammer with Julien’s Auctions at the end of May as part of the auction house’s three-day Music Icons event. Cobain can be seen playing the guitar in the music video for Smells Like Teen Spirit, which depicts a riotous high school pep rally inspired by Jonathan Kaplan’s 1979 film Over The Edge and the Ramones’ film Rock ‘n’ Roll High School. The video was many fans’ first introduction to Nirvana, with the track launching the trio to global fame. However, after enjoying years of success, Cobain committed suicide in 1994 at the age of just 27. In the musician’s final interview with Guitar World, Cobain said: “I’m left-handed, and it’s not very easy to find reasonably priced, high-quality left-handed guitars. But out of all the guitars in the whole world, the Fender Mustang is my favourite.”

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