Astro Aerospace Ltd completes acquistion of eVTOL rival Horizon Aircraft : vimarsana.com

Astro Aerospace Ltd completes acquistion of eVTOL rival Horizon Aircraft


Astro Aerospace completes acquistion of air taxi peer Horizon Aircraft
Close to two-thirds of adults in a survey said they will fly in eVTOL air taxis once they are approved by regulators
The Cavorite and its split wings
Astro Aerospace Ltd (OTCQB:ASDN) has completed the acquisition of Horizon Aircraft, developer of an advanced electric vertical-take-off-and-landing vehicle.
The company announced that Patricia Trompeter, currently a member of Astro’s board, will be chief executive officer of the enlarged group, with Astro CEO Bruce Bent becoming executive chairman.
Trompeter, the company noted, brings more than 16 years of experience in mergers and acquisitions and 15 years in financial management experience, including a variety of executive positions at GE Capital, where she participated in over US$17bn in acquisitions and transactions.

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