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Alpine 4's subsidiaries Impossible Aerospace Corporation and Vayu (US), Inc. merged to form Vayu Aerospace Corporation, Inc., based in Ann Arbor, Michigan. The new company will focus on commercial drone airframes for freight, surveillance, and military applications.
Alpine 4 Holdings announced that its subsidiaries Impossible Aerospace Corporation and Vayu (US) Inc. will merge to become Vayu Aerospace Corporation, Inc., based in Ann Arbor, Michigan. The merger is expected to be completed by October 1, 2021.
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.