Ampaire Acquires Magpie Aviation
March 4, 2024
Hybrid-electric propulsion developer Ampaire has acquired California-based aero tow startup Magpie Aviation. Ampaire said it will integrate Magpie's electric aero-tow concept and continue development under Magpie's existing contract with the U.S. Air Force (AFWERX Agility Prime), expanding Ampaire's capabilities for defense and advanced air mobility applications.
- Buyers
- Ampaire
- Targets
- Magpie Aviation
- Industry
- Aerospace & Defense
- Location
- California, United States
- Transaction Type
- Buyout
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