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Alpine 4 Technologies, Ltd. (ALPP) Adds to its Commercial Drone Holdings With its Acquisition of Vayu US, Inc. - sUAS News

29 December 2020
Alpine 4 Technologies, Ltd., (OTCQB: ALPP) owner of leading small market businesses, announced today that it has entered into a binding LOI with Vayu (U.S.), Inc (Vayu). Vayu builds high-performance vertical take-off and landing (VTOL) hybrid propulsion-based, autonomous aircraft. Its customers and partners range from public and private entities in Australia, Canada and sub-Saharan Africa in a variety of sectors – from critical medical supply transport to infrastructure inspection. Vayu represents Alpine 4’s second recent acquisition in the fast-growing UAV space and will serve as a vital addition to the platform capabilities of Impossible Aerospace.
The shareholders of Vayu are primarily leading venture capitalists and angel investors, including Tesla Motors founder’s Martin Eberhard and Marc Tarpenning and Cosmonaut Esther Dyson, as well as public health experts. Like Impossible Aerospace, the transaction will be completed in a reverse t ....

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Alpine 4 Technologies, Ltd. (ALPP) Adds to its Commercial Drone Holdings With its Acquisition of Vayu US, Inc.

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PHOENIX, Dec. 28, 2020 /PRNewswire/ Alpine 4 Technologies, Ltd., (OTCQB: ALPP) owner of leading small market businesses, announced today that it has entered into a binding LOI with Vayu (U.S.), Inc (Vayu). Vayu builds high-performance vertical take-off and landing (VTOL) hybrid propulsion-based, autonomous aircraft. Its customers and partners range from public and private entities in Australia, Canada and sub-Saharan Africa in a variety of sectors – from critical medical supply transport to infrastructure inspection. Vayu represents Alpine 4 s second recent acquisition in the fast-growing UAV space and will serve as a vital addition to the platform capabilities of Impossible Aerospace. The shareholders of Vayu are primarily leading venture capitalists and angel investors, including Tesla Motors founder s Martin Eberhard and Marc Tarpenning and Cosmonaut Esther Dyson, as well as public health experts. Like Impossible Aerospace, the ....

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