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Monday, 02/22/2021 12:17:01 AM

Monday, February 22, 2021 12:17:01 AM

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$ASDND 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 customary closing conditions.

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