Environmental Tectonics Corporation (OTCMKTS:ETCC) Stock Extends Rally: Jumps 60% in a Week

Shares of Environmental Tectonics Corporation (OTCMKTS:ETCC) continues to gain momentum with a jump of 60% in a week.

Market Reaction

On Wednesday, ETCC stock moved up 6.37% to $0.3980 with more than 200 shares, compared to its average volume of 3.7k shares. The stock has moved within a range of $0.3980 – 0.3980 after opening trade at $0.3980.

ETC Awarded Contract from the University of North Dakota’s John D. Odegard School of Aerospace Sciences

The ATS unit (Aircrew Training Systems) of Environmental Tectonics Corporation (OTCMKTS:ETCC)  has landed a contract on 17 November, 2021, from the University of North Dakota’s John D. Odegard School of Aerospace Sciences, for its GAT-HELO, Rotary Wing Spatial Disorientation Trainer.

The GAT-HELO is one of Environmental Tectonics’ flagship offerings – it is a cost-effective helicopter simulator that can deliver general flight and spatial disorientation training. The cutting edge motion platform creates in-flight illusions precisely, without compromising on safety.  It features a single seat generic cockpit, instructor station, and robust conditional even based scenario editor software. A variety of meteorological conditions, aircraft instrument and engine failure scenarios can be created, along with autorotation and tail rotor failure, and interactive SD training profiles.

The University of North Dakota’s John D. Odegard School of Aerospace Sciences will use this technology to introduce undergraduate helicopter pilots to FAA-recognized vestibular and visual illusions found in aviation, so they can prevent, recognize, confirm, avoid, and recover from SD.

George Anderson, M.D., and Chairman of Environmental Tectonics states that collaborating with the University of North Dakota will prove to be extremely beneficial for addressing critical aerospace training needs. It helps prepare pilots to deal with the physiological effects of flight, and make the experience safe and secure.

Key Quote

George Anderson, M.D., and ETC’s Chairman indicated that “ETC is proud to be partnering with the University of North Dakota in providing its critical aerospace training needs that prepare pilots to better manage the physiological effects of flight, ultimately leading to increased safety.”

Admin

Leave a Reply

Your email address will not be published. Required fields are marked *