Alpine 4 (ALPP) Proclaims the Merger of Unattainable Aerospace Company and VAYU (US), Inc. | 2021-06-30 | Press Releases

PHOENIX, AZ / ACCESSWIRE / June 30, 2021 / Alpine 4 Holdings (OTCQB: ALPP), a number one operator and proprietor of small companies, publicizes that its subsidiaries, Unattainable Aerospace Company (IA) and Vayu (US) Inc. (VAYU) will merge to turn out to be VAYU Aerospace Company, Inc. The corporate expects the merger to be accomplished by October 1st, 2021.

The brand new firm, Vayu Aerospace Company, Inc., might be situated in Ann Arbor, Michigan, at VAYU’s present services. The corporate’s new web site might be www.vayuaerospace.com and can exchange the earlier two web sites for IA and VAYU. High quality Circuit Meeting, Inc., one in all Alpine 4’s different subsidiaries, will proceed to fabricate and assemble the parts for the US-1 airframe and also will add many new parts to the G1 and G2 airframes. Alpine 4 CEO Kent Wilson supplies the overview of the merger in a letter from the CEO under:

Expensive shareholders, traders and workers,

I’m happy to announce that our two subsidiaries, Unattainable Aerospace Company and Vayu (US), Inc., will merge into a brand new firm known as Vayu Aerospace Company, Inc.

Previous to the acquisition of Unattainable Aerospace and VAYU (US), Inc., I outlined three overarching objectives for our future aerospace acquisitions. The fruits of attaining these overarching objectives revealed the significance of merging these two nice firms into one.

  • The primary goal was to leverage the tens of tens of millions of R&D {dollars} accrued between the 2 firms to make them a frontrunner within the discipline of economic drones. The industrial drone trade continues to be in its infancy and is anticipated to develop from $ 4.4 billion in 2018 to $ 63 billion by 2025. Throughout the industrial drone trade, we imagine that the three cells (US-1, G1 and G2) are effectively positioned to seize market share in quite a lot of industries together with cargo, surveillance and navy functions.
  • The second overriding goal that I outlined was to orient future R&D round a particular goal. This goal is to construct our drone cells in order that they’re the reference cells for freight and logistics. Fixing advanced logistics and cargo capabilities will assist Vayu Aerospace Company make its mark on the ever-growing supply and provide chain trade and intensify our capabilities with our rising navy buyer base. I’d additionally add that this mandate isn’t a simple activity. Our objective isn’t merely to leverage the three massive cells of AI’s US-1 and VAYU’s G1 and G2 to make them leaders within the automation of short- and medium-haul freight supply, however to firmly place Vayu Aerospace Company on the world map because the gold commonplace of extremely adaptable, long-endurance and dependable plane.
  • The third overriding goal was to empower executives to deviate from the considering of their former traders. This departure meant a brand new mind-set about their respective companies. Firms weren’t simply targeted on how a lot cash they may make, however the best way to concentrate on the merchandise of the long run. I’ve realized that with endurance and focus, nice issues can occur. However for it to develop correctly, it takes time, sources and a well-developed staff. One of many first adjustments we made was to increase and strengthen our pool of proficient workers. I’m so proud to say that we entice the most effective and the brightest to work at Vayu Aerospace Company. We introduced in expertise from quite a lot of locations, together with firms like Scaled Composites (the designer and producer of Virgin Galactic’s House Ship One), GE Aviation, Northrup Grumman, BOSH and amongst different massive firms. It says loads in regards to the enterprise we construct when individuals of such pedigree need to work with us! One other change we made, which is Alpine 4 uniquely, was to drive our motto of SIDE (Synergistic Innovation Drives Excellence). This meant inclusion and entry on a deeper stage to the capabilities of our different subsidiaries. This sharing has already began to bear fruit as our subsidiary, High quality Circuit Meeting and the Alpine 4 engineering staff, have redesigned the brand new avionics {hardware} for the G1 platform and are nearing completion with the brand new successor US-1, US-2. This collaboration between subsidiaries, underneath the guise of SIDE, permits a fancy growth in file time and has frankly constructed a superior product in comparison with its predecessor, which was no small feat contemplating the already astonishing these two cells.

Advantages of mixing AI and VAYU

An improved and extra focused provide chain: Numerous disconnected and non-uniform items of {hardware} in US-1 and G1 current numerous provide chain points in a post-COVID-19 world. Maximizing provide chain efforts between airframes will cut back prices, enhance product availability, and enhance Vayu’s potential to service plane within the discipline or at one in all our restore facilities.

Rationalization of R&D: The drone aerospace trade is extraordinarily capital intensive because of the rigorous R&D expenditures that have to be made to enhance and improve avionics airframes and platforms. IA and VAYU mixed have spent over $ 20 million to construct their cells to carry them to market. This kind of spending must proceed for a while and mixing the 2 cells into one growth staff will dramatically enhance cell uniformity and enhance the effectivity of our R&D.

Unified aeronautics and avionics platform via cells: Combining the suite of avionics packages right into a unified platform allows a extra detailed and agile flying plane, a extra user-friendly working setting, a coaching system for patrons and a safer communication platform for US -1, US-2 and G1. and G2. Moreover, and presumably one of the crucial precious advantages, might be a extra strong IP asset that may be capitalized on sooner or later because the enterprise grows out there.

Discount of fastened prices: The consolidation of the 2 working firms into one firm inside a single website is anticipated to scale back basic and administrative prices by 20% and diffuse future basic and administrative capital expenditure by 40%.

Bigger buyer footprint: Combining the cells of every firm underneath a gross sales staff and a advertising initiative will dramatically enhance cross-product promoting capabilities and enhance buyer satisfaction.

In closing, I’m very pleased with our workers. Over the previous 6 months, these workers have been the muse on which we are going to construct this nice firm. Your laborious work has not gone unnoticed. The merger of Unattainable Aerospace and Vayu represents an enormous step ahead within the growth of drone-related services for A4 Aerospace, Inc. We’re very enthusiastic about what this new firm will imply for our clients. , shareholders and workers.

Kent B. Wilson

CEO / President / Founder

Spencer Gore of Unattainable Aerospace commented: “I’m very enthusiastic about this subsequent chapter in Unattainable Aerospace historical past. This merger will permit firms to leverage one another’s expertise and mental property to supply thrilling new merchandise. The collaboration has been round for some time now, however I am blissful to see it made official.

Daniel Pepper of Vayu (US) Inc. commented, “This mix of abilities, sources and expertise will advance Vayu’s imaginative and prescient to construct probably the most rugged, dependable and succesful plane obtainable available on the market immediately. stable foundations underfoot and a vibrant future forward. “

Ian Kantrowitz: vice-president of IR

investor [email protected]

Ahead-looking statements:

The data disclosed on this press launch is made as of the date hereof and displays Alpine 4’s most up-to-date evaluation of its historic monetary efficiency. Precise monetary outcomes filed with the SEC might differ from these contained on this doc as a consequence of delays between the date of this launch and affirmation of the ultimate audit outcomes. These forward-looking statements should not ensures of future efficiency and are topic to uncertainties and different components that would trigger precise outcomes to vary materially from these expressed in forward-looking statements, together with, with out limitation, dangers. , uncertainties, together with uncertainties surrounding present market volatility and different components that the Firm identifies infrequently in its filings with the SEC. Though Alpine 4 believes that the assumptions on which these forward-looking statements are primarily based are affordable, any of those assumptions might show to be incorrect and, subsequently, forward-looking statements primarily based on these assumptions may be incorrect. You shouldn’t place undue reliance on these forward-looking statements. The forward-looking statements contained on this press launch are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to replace the forward-looking statements for subsequent occasions.

SOURCE: Alpine 4 Holdings, Inc.

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