Alpine 4 Technologies Acquires Impossible Aerospace

November 17, 2020

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.

Buyers
Alpine 4 Technologies, Ltd.
Targets
Impossible Aerospace Corporation
Sellers
Bessemer Venture Partners, Eclipse Ventures, Airbus Ventures, Spencer Gore
Location
California, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.