Dallas, TX, Oct. 07, 2021 -- McapMediaWire -- Astro Aerospace Ltd. (OTCQB: ASDN) (the "Company" or "Astro") today announced the closing of the initial public offering of Parsec Capital Acquisition Corp. (“Parsec”) (NASDAQ: PCXCU), a special-purpose acquisition company (“SPAC”) the Company has sponsored. Parsec is the first SPAC sponsored by Astro as a part of its strategy to capitalize on management’s differentiated ability to source and acquire businesses positioned for growth. ...
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Astro Aerospace Selected for AFWERX HSVTOL Challenge
Global eVTOL leader chosen as one of 35 participating companies from over 200 applicants Dallas, Texas, Aug. 25, 2021 -- McapMediaWire -- Astro Aerospace (OTCQB: ASDN) (“Astro” or the “Company”) has announced that its revolutionary Cavorite X5 eVTOL platform has been selected for the highly competitive AFWERX High Speed VTOL (HSVTOL) Concept Challenge (the “Challenge”) – an initiative launched in partnership with the United States Air Force (USAF) and US Special Operations...
Astro Aerospace Signs Letter of Intent with Lotus Mobility Ltd for Exclusive Distribution of its Electric Aircraft
Dallas, Texas, July 28, 2021 – McapMediaWire -- Astro Aerospace Ltd (OTCQB: ASDN) (“Company” or “Astro”), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, today announced that it has signed a letter of intent with Lotus Mobility Ltd. (“Lotus”) to acquire all IP, technology, and exclusive global distribution rights to Lotus’s line of cutting-edge electric aircraft. In exchange for 3 million Astro Shares, Astro will acquire 51% of Lotus’s...
Astro Aerospace to Present at the 2021 LD Micro Invitational
Presentation on Thursday, June 10th at 2:00 pm EDT Dallas, Texas, June 8, 2021 – Astro Aerospace (OTCQB: ASDN) (“Astro” or the “Company”), a developer of eVTOL aerial vehicles and drones, and Horizon Aircraft (“Horizon”), a developer of advanced eVTOLs, will be presenting virtually at the 2021 LD Micro Invitational XI investor conference on Thursday, June 10th at 2:00 pm EDT. On April 29th, Astro announced it had entered into an agreement under which Astro will acquire privately-held...