Airo Group plans to acquire Aspen Avionics and other companies

Airo Group has signed letters of intent to acquire six companies, including avionics manufacturer Aspen Avionics and urban air mobility developer VRCO, as part of Project Jupiter to form a new publicly traded aerospace and defense company.

“The group plans to bring nine companies together under Airo’s Project Jupiter after launching with founding companies Airo Drone and AgileDefense.”ainonline.com

• 2 sources
• ainonline.comAspen Avionics Joining New Aerospace/Defense Group | Aviation International NewsMatt ThurberAug 4, 2020
• theairogroup.comAspen Avionics Enters into Agreement with ...Aug 4, 2020

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