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Astro Aerospace Ltd. Acquires Horizon Aircraft Inc. and Appoints Horizon CEO and Co-Founder Brandon Robinson as President - sUAS News

Astro Aerospace Ltd. Acquires Horizon Aircraft Inc. and Appoints Horizon CEO and Co-Founder Brandon Robinson as President - sUAS News
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Astro Aerospace Ltd. Acquires Horizon Aircraft Inc. and Appoints Horizon CEO and Co-Founder Brandon Robinson as President

Astro expands its offerings in the fast-growing eVTOL Market expected to hit $1 Trillion by 2040(1)
Dallas, Texas (Newsfile Corp. - June 2, 2021) - Astro Aerospace Ltd. (OTCQB: ASDN) ("Astro" or the ....

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Astro Aerospace to Acquire Horizon Aircraft

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 Office ....

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Astro Aerospace Ltd.: Astro Aerospace Announces the Acquisition of Horizon Aircraft to Propel Itself as a Leader in the eVTOL market

Astro Aerospace Ltd.: Astro Aerospace Announces the Acquisition of Horizon Aircraft to Propel Itself as a Leader in the eVTOL market
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