Ampaire Inc., a company in hybrid electric aircraft systems, has made a significant move in the electrification of aviation by acquiring substantially all of the assets of Talyn Air Inc., a developer of novel electric vertical takeoff and landing (eVTOL) aircraft systems. This strategic acquisition is expected to accelerate Ampaire’s growth and leadership in the electrification of aviation while expanding its presence in attractive adjacent markets.
The acquisition of Talyn brings several advantages to Ampaire’s business. It enables the company to expand into the defense, drone, and eVTOL markets, which hold promising opportunities for both commercial and defense applications. Additionally, Ampaire will gain access to eight patents and seven government contracts with sole-source follow-on rights, bolstering its intellectual property and contracts portfolio.