Ampaire Inc.

Ampaire Inc., a provider of hybrid electric aircraft systems, and Talyn Air Inc., developer of novel electric vertical takeoff and landing (eVTOL) aircraft systems, announce that Ampaire has acquired substantially all of the assets of Talyn. The transaction will accelerate Ampaire’s strategy to build and lead the electrification of aviation, driving further profitable growth by expanding into adjacent defense, drone and eVTOL markets, as well as broadening its intellectual property and contracts portfolio with an additional eight patents and seven government contracts with sole-source follow-on rights.