Alpine 4 Technologies Acquires Vayu (U.S.), Inc.

Alpine 4 Technologies Acquires Impossible Aerospace

November 17, 2020

Aerospace & Defense

Alpine 4 Technologies entered into a binding merger agreement to acquire Impossible Aerospace, a U.S. developer of long-endurance electric aircraft and drones, in a reverse triangular merger that will make Impossible Aerospace a wholly owned subsidiary. The deal (announced Nov 17, 2020) brings Alpine 4 into the commercial/unmanned aerial vehicle market and retains Impossible Aerospace CEO Spencer Gore to support integration and military/commercial contract pursuits; prior investors in Impossible Aerospace included Bessemer Venture Partners, Eclipse Ventures and Airbus Ventures.

Serve Robotics Acquires Vayu Robotics

August 22, 2025

AI & Machine Learning

Serve Robotics has acquired Vayu Robotics, a Palo Alto-based developer of urban robot navigation using large-scale AI models. The stock-and-milestone-based deal brings Vayu's AI foundation models and engineering team into Serve to accelerate navigation capabilities, improve safety and simulation-driven training, and expand Serve's autonomous delivery product into new markets and use cases.

Alpine 4 Holdings Acquires Identified Technologies

October 20, 2021

Software

Alpine 4 Holdings (A4) has acquired Identified Technologies, a Pittsburgh-based drone mapping software and managed services provider. The business will be integrated into Alpine 4's A4 Aerospace portfolio to add drone mapping and analytics capabilities to the company's aerospace offerings.

AeroVironment Acquires Arcturus UAV for $405M

January 13, 2021

Aerospace & Defense

AeroVironment, Inc. (NASDAQ: AVAV) will acquire Arcturus UAV, Inc., a Petaluma, California–based developer and manufacturer of Group 2 and 3 unmanned aircraft systems, for a total purchase price of $405 million (approximately $355 million cash and $50 million in AeroVironment stock). The acquisition expands AeroVironment's product portfolio into higher-value Group 2 and 3 UAS segments, adds Arcturus’s ~270 employees and COCO services capability, and is expected to be accretive to adjusted EBITDA and GAAP EPS in fiscal 2022.

Phantom Auto Acquires Voysys AB

October 4, 2022

Software

Phantom Auto has acquired Voysys AB, a Sweden-based provider of ultra-low latency video streaming technology, to strengthen Phantom’s remote operation platform and accelerate commercial deployments in logistics, unmanned yard trucks and delivery robots. The acquisition integrates Voysys’s streaming IP to reduce latency and improve video quality and stability, enabling Phantom to expand its capabilities and geographic reach.

Volaris Group Acquires Alpine Testing Solutions Inc.

September 30, 2025

Education

Volaris Group, an operating group of Constellation Software Inc., has acquired Alpine Testing Solutions Inc., a psychometric consulting and test-security provider based in Orem, Utah. Alpine will join Volaris' Smith Portfolio and remain led by CEO Stephen Price as the acquisition expands Volaris into the workforce-management vertical and strengthens its credentialing and assessment capabilities.