Astro Aerospace to acquire Horizon Aircraft

Astro Aerospace announced a binding agreement to acquire Horizon Aircraft Inc., creator of the Cavorite X5 eVTOL. The transaction is expected to close by the beginning of Q2 2021.

“Astro Aerospace, a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today that it has entered a binding agreement to acquire Horizon Aircraft Inc.”airframer.com

• 1 source
• airframer.comAstro Aerospace announces the acquisition of Horizon Aircraft to propel itself as a leader in the eVTOL market | Press release | Airframer | AirframerFeb 18, 2021

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