TE advert. Click for website
Click Bond advert. Click for website

Ampaire buys electric aircraft tow specialist Magpie

California-based electric aircraft manufacturer Ampaire Inc has announced the acquisition of Magpie Aviation Inc., a developer of electric aviation technologies.

“With this acquisition, Ampaire anticipates further revenue growth across both commercial and defense sectors while simultaneously enhancing the capabilities and mission scope of our existing hybrid aircraft,” said Kevin Noertker, CEO of Ampaire. “Building upon our recent acquisition of Talyn Air, the addition of Magpie exemplifies our deliberate approach to integrating pivotal companies and assets on our path to accelerate our leadership in electrified aviation. Expect more compelling advancements throughout the year as Ampaire remains steadfast in our commitment to advancing our growth strategy.”

Based in Silicon Valley, Magpie has been developing technologies to improve the performance and broaden the impact of electrified aircraft. In 2023, the company demonstrated the world’s first automated towing connections between two flying aircraft. Magpie has secured strategically important government contracts, including with the U.S. Air Force, which Ampaire will continue.

(Image Ampaire Eco Caravan in Camarillo, CA. The Magpie approach works by towing an electric airplane through the sky with a high-performance electrified tow aircraft)

https://www.prnewswire.com/news-releases/ampaire-acquires-magpie-aviation-further-expanding-its-product-capabilities-and-market-reach-302077809.html

Share this:
supernal advert. Click for website