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eVTOL

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...

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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...

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Astro Aerospace Ltd. Acquires Horizon Aircraft Inc. and Appoints Horizon CEO and Co-Founder Brandon Robinson as President

  Astro expands its offerings in the fast-growing eVTOL Market expected to hit $1 Trillion by 2040 (1)   Dallas, Texas, June 2, 2021 - Astro Aerospace Ltd. (OTCQB: ASDN) ("Astro" or the "Company"), a developer of eVTOL aerial vehicles and drones, announced today that the acquisition agreement (the “Acquisition”) with Horizon Aircraft Inc. ("Horizon"), a privately-held developer of advanced eVTOLs, has closed. The Acquisition was completed for common shares of Astro stock, the...

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Astro Aerospace Announces Definitive Agreement to Acquire Horizon Aircraft

  Horizon Aircraft Electric Vertical Take-Off and Landing (“eVTOL”) technology and expertise complements and expands the Astro platform, together providing a more comprehensive solution for aerial transport Horizon Aircraft CEO & Co-founder and Chief Operating Officer to remain in key leadership roles, bringing additional talent to Astro Aerospace Value creation for shareholders through synergies, enhanced innovation and new growth opportunities   Dallas, Texas, April 29, 2021 –...

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Parsec Capital Acquisitions Corp. Gains Sponsorship from Astro Aerospace (OTC US: ASDN)

Lewisville, TX, April 21, 2021 – Today, Parsec Capital Acquisitions Corp. (“Company” or “Parsec”), filed a confidential S1 as a Special Purpose Acquisition Company (SPAC) with a focus on the space economy, technology and transport industries.  Astro Aerospace (OTCQB: ASDN) (“Astro”) has sponsored their SPAC. Astro, a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, is a pioneer in the aerial eVTOL market, which has an estimated value of $46.7 billion....

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Astro Aerospace Sponsors Leading SPAC Parsec Capital Acquisitions Corp.

  Astro sponsors SPAC focused on Space Economy, Technology and Transport industries   Dallas, Texas, April 21, 2021 - - Astro Aerospace (OTCQB: ASDN) (“Company” or “Astro”), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today its sponsorship of Parsec Capital Acquisitions Corp. (“Parsec”), an emerging SPAC investing in businesses within the space economy, technology and transport industries. Last month, Parsec CEO and Board...

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Astro Aerospace Appoints Former GE Capital IT Solutions North America CFO Patricia Trompeter to Board of Directors

  Dallas, Texas, March 10, 2021 - - Astro Aerospace (OTCQB: ASDN) (“Company” or “Astro”), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today that it has appointed Patricia Trompeter, M&A and financial expert, to its Board of Directors. Ms. Trompeter will serve on the Audit Committees. This board appointment brings Astro’s total board membership to 2 Board Members Ms. Trompeter brings more than sixteen years of experience in...

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Astro Aerospace Announces the Acquisition of Horizon Aircraft to Propel Itself as a Leader in the eVTOL market

  Dallas, Texas, February 18, 2021 - - Astro Aerospace (OTCQB: ASDND) (“Company” or “Astro”), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today that it has entered a binding agreement to acquire Horizon Aircraft Inc. (“Horizon”), creator of the world’s first eVTOL that flies exactly like a conventional aircraft for the majority of its mission. The transaction is expected to close on or before the beginning of 2nd Quarter pending...

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Astro Aerospace Appoints Kingswood Capital Markets in Preparation for NASDAQ Listing

  Dallas, Texas, February 17, 2021 - - Astro Aerospace (OTCQB: ASDND) (“Company” or “Astro”), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today that it has appointed Kingswood Capital Markets (“Kingswood”) in preparation to become a NASDAQ-listed company. Kingswood Capital Markets is a global full-service middle market investment bank. Kingswood helps its clients grow through optimal capital raising structures. Its team of...

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