By Joe Barrett UP to 50 cyclists with festive lights draped on their bikes blazed a trail around the streets of Portlaoise in the run-up to Christmas to raise…
On Sunday, all roads lead to Larne for the prestigious Antrim Coast Half Marathon. Harriers were out in force at the largest running event held locally since pr.
Horizon Aircraft’s long-range Cavorite X5 hybrid eVTOL. Photo Credit: Astro Aerospace, Horizon Aircraft
On April 30 Astro Aerospace Ltd. (Dallas, Tex., U.S.) a developer of electric vertical take-off and landing (eVTOL) aerial vehicles and drones, and Horizon Aircraft Inc. (Lindsay, Ontario, Canada), a developer of advanced eVTOLs, have entered into an agreement under which Astro will acquire privately held Horizon for five million common shares of Astro stock, the material terms of which are disclosed in the company’s related 8-K filing.
The transaction, unanimously approved by the respective Boards of Directors, will reportedly broaden Astro’s capabilities, and enable the company to become a leading eVTOL platform while continuing to invest and innovate. Astro’s acquisition of Horizon is expected to close by May 10, subject to customary closing conditions. Upon closing the transaction, the CEO and Co-Founder of Horizon, Brandon Robinson, will be appointed as President
Astro Aerospace to Acquire Horizon Aircraft 03 May 2021
Astro Aerospace Ltd., a developer of eVTOL aerial vehicles and drones, and Horizon Aircraft Inc., a developer of advanced eVTOLs, have entered into an agreement under which Astro will acquire privately-held Horizon.
The acquisition will be realized for five million common shares of Astro stock, the material terms of which are disclosed in the Company s related 8-K filing. The transaction was unanimously approved by the respective Boards of Directors.
The acquisition will broaden Astro s capabilities, and become a leading eVTOL platform while continuing to invest and innovate. The Company s acquisition of Horizon is expected to close in approximately ten days, subject to customary closing conditions. Upon closing the transaction, the CEO and Co-Founder of Horizon, Brandon Robinson, will be appointed as President of Astro and will sit on the Board of Directors. Jason O Neill, Horizon s Chief Operating Officer, will be appo
As lockdown restrictions rule out a traditional St Patrick’s Day celebration for the second year in a row, communities across Northern Ireland are still finding ways to mark the holiday at home.