Ampaire acquires eVTOL developer Talyn Air
Ampaire has acquired startup eVTOL OEM, Talyn Air as it targets growth in the drone and eVTOL sectors.
The transaction also adds eight patents and seven government contracts with sole-source follow-on rights, said Ampaire. With more applications now accessible for integration with its hybrid-electric propulsion systems, Ampaire expects to soon build on the 18,000-plus miles already flown by its demonstrators.
Kevin Noertker, CEO of Ampaire, said: “Adding Talyn to Ampaire’s already strong technical foundation in hybrid electric propulsion will be immediately accretive to revenue growth and allow the company to accelerate our reach into the valuable drone and eVTOL sectors for both commercial and defence applications.”
Growth through acquisitions of companies and assets is a key part of the long-term strategy to become “the industry leader” in electrified aviation, added Noertker. “Through this expanded portfolio of technology and programs, we will be well-positioned to offer customers the most experienced hybrid electric propulsion capabilities in the industry across drones, fixed wing, and eVTOL.”
Founded in 2019, LA-based, Talyn has already demonstrated advanced aircraft technologies in flight. The OEM has programme awards across multiple US Department of Defense entities including innovation on Group 3 to 5 UAS drones with NAVAIR Aircraft Division, rapid deployment capabilities with the USAF 621st Contingency Response Wing, and an active AFWERX TACFI design / build / fly programme under Agility Prime.
Jamie Gull, CEO of Talyn, said: “We founded Talyn with a vision for advancing aviation, transforming the way we fly, and evolving toward a greener future. We are excited that our technology and vision, combined with Ampaire’s industry-leading solutions, will provide game-changing capabilities to the aviation industry.”