Stay updated with breaking news from Jamie Gull. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Tendeg LLC has leased more than 100,000 square feet at 1350 S. 96th St. in Louisville's Bolder Innovation Campus that will serve as the space antennas and deployables company headquarters and manufacturing facility.
Ampaire will inherit eight patents and seven defense contracts through the deal, supporting its expansion into the defense, drone, and eVTOL markets.
EVTOL (electric vertical take-off and landing) vehicle developer Talyn has been acquired by hybrid propulsion firm Ampaire.
Ampaire has acquired eVTOL developer Talyn, enabling the hybrid electric propulsion specialist to expand its position in the defense market.
Funding for electric vertical take-off and landing (eVTOL) aircraft continues to increase as U.S. defense planners recognize that eVTOL platforms can be a game changer on the battlefield. eVTOL-maker Talyn Air (Los Angeles, California) recently secured $1.7 million in government funding through an AFWERX AFVentures Tactical Funding Increase (TACFI) program in support of a two-year design/build/fly effort with the Air Force’s Agility Prime program.