# Alpine 4 Technologies to acquire Impossible Aerospace

Alpine 4 Technologies has entered into a binding merger agreement to acquire Impossible Aerospace, a manufacturer of high-performance electric aircraft and drones. The transaction is expected to close by December 10, 2020.

- Type: Acquisition
- Announced: 2020-11-17
- Where: Phoenix, Arizona, United States
- Status: announced
- Products: electric aircraft, drones
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Alpine 4 Technologies](https://endata.com/companies/24188.md) (acquirer)
- [Impossible Aerospace](https://endata.com/companies/51257.md) (target)

## Sources

- [nasdaq.com](https://www.nasdaq.com/press-release/alpine-4-technologies-ltd.-alpp-enters-the-commercial-drone-market-with-its), 2020-11-17: "Impossible Aerospace is Alpine 4's first acquisition in the UAV space and will serve as a cornerstone to build upon."
- [proactiveinvestors.com.au](https://www.proactiveinvestors.com.au/companies/news/934209/alpine-4-technologies-enters-commercial-drone-market-via-merger-deal-with-electric-aircraft-maker-impossible-aerospace-934209.html), 2020-11-17: "Impossible Aerospace will become a wholly owned subsidiary of Alpine 4."
- [prnewswire.com](https://www.prnewswire.com/news-releases/alpine-4-technologies-ltd-alpp-enters-the-commercial-drone-market-with-its-acquisition-of-impossible-aerospace-corporation-301174710.html), 2020-11-17: "Alpine 4 Technologies, Ltd., (OTCQB: ALPP) owner of leading small market businesses, announced today that it has entered into a binding merger agreement with Impossible Aerospace Corporation."
- [proactiveinvestors.com](https://www.proactiveinvestors.com/companies/news/934209/alpine-4-technologies-enters-commercial-drone-market-via-merger-deal-with-electric-aircraft-maker-impossible-aerospace-934209.html), 2020-11-17: "Alpine 4 Technologies Ltd announced Tuesday that it has entered the commercial drone market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.