Have you ever wondered what those represent and why there are a maximum of two numbers between 1 and 36? All runways are numbered based on the magnetic compass bearing, which identifies the direction ...

As of December 31, 2024, cash and marketable securities were $127 million as compared to $152 million as of December 31, 2023, providing the Company with an anticipated cash runway into 2027.

The runway, labeled 18/36 based on the magnetic azimuth, or compass bearing, of the runway’s centerline, is 6203 feet long and 100 feet wide. It can support many larger aircraft, including large ...

and it’s 360 degrees all the way around a compass. Keeping with the Hobby Airport closure, it’s called runway 13 because the runway points from northwest to southeast, at 130 degrees.

Compass ended 2024 with $165.1 million in cash and cash equivalents. The company raised an additional $150 million gross in January 2025, extending its cash runway. Management expects the current cash ...

Compass ended 2024 with $165.1 million in cash and cash equivalents. The company raised an additional $150 million gross in January 2025, extending its cash runway. Management expects the current ...