PHOENIX, Feb. 10, 2022 /PRNewswire/ -- Alpine 4 Holdings,
Inc. (Nasdaq: ALPP), a leading operator and owner of small market
businesses, has announced that its vertically integrated
subsidiaries Vayu Aerospace Corporation (Vayu), ElecJet and Quality
Circuit Assembly (QCA) have successfully incorporated ElecJet's
Solid-State Battery into a new battery assembly capable of
delivering 1.55kw of power, named the "Vayu A4M1 Power System." The
A4M1 is roughly 2.5 times more powerful than its current
lithium-ion power pack and can extend the G1's vertical flight
capabilities with heavier payloads, if necessary. The battery cell
is fire resistant, can be punctured and still operate, giving the
G1 best in class safety and reliability. The battery is also
capable of fast charging at a rate of 4C, which equates to a
15-minute charge time.
TK Eppley, President of Vayu Aerospace Corporation, had this to
say, "Interest for our US-1, US-2, and G1 is building with
customers around the world. The company has also received inquiries
from several customers in the gas exploration and aerial
surveillance sectors specifically for our A4M1 powered G1. We
believe the addition of the A4M1 battery pack will redefine what is
possible in autonomous flight and lead to increased sales moving
Kent B. Wilson of Alpine 4
commented: "The electrification of aviation and aerospace is on
the forefront of what we are doing at Alpine 4 and across our
subsidiaries. The vertical integration of Vayu, Elecjet and QCA
clearly demonstrates the strength of our DSF business model when
multiple subsidiaries align on a project. Our next generation US-2
will be one of the world's first airframes designed around a
Solid-State Power System. The use of our solid-state battery
technology will be a key component in the future of electric flight
due to its reliability, safety and charging speeds."
About Alpine 4 Holdings: Alpine 4 Holdings, Inc. (ALPP) is a
NASDAQ traded conglomerate that acquires businesses that fit into
its disruptive DSF business model of Drivers, Stabilizers, and
Facilitators. At Alpine 4, we understand the nature of how
technology and innovation can accentuate a business. Our focus is
on how the adaptation of new technologies, even in brick-and-mortar
businesses, can drive innovation. We also believe that our holdings
should benefit synergistically from each other, have the ability to
collaborate across varying industries, spawn new ideas, and create
fertile ground for competitive advantages.
Four principles at the core of our business are Synergy.
Innovation. Drive. Excellence. At Alpine 4, we believe synergistic
innovation drives excellence. By anchoring these words to our
combined experience and capabilities, we can aggressively pursue
opportunities within and across vertical markets. We deliver
solutions that not only drive industry standards, but also increase
value for our shareholders.
Contact: Investor Relations
Forward-Looking Statements: Certain statements and information
in this press release may constitute "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended (the "Securities Act"), Section 21E of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), and the
Private Securities Litigation Reform Act of 1995. The information
disclosed in this press release is made as of the date hereof and
reflects Alpine 4 most current assessment of its historical
financial performance. Actual financial results filed with the SEC
may differ from those contained herein due to timing delays between
the date of this release and confirmation of final audit results.
These forward-looking statements are not guarantees of future
performance and are subject to uncertainties and other factors that
could cause actual results to differ materially from those
expressed in the forward-looking statements including, without
limitation, the risks, uncertainties, including the uncertainties
surrounding the current market volatility, and other factors the
Company identifies from time to time in its filings with the SEC.
Although Alpine 4 believes that the assumptions on which these
forward-looking statements are based are reasonable, any of those
assumptions could prove to be inaccurate and, as a result, the
forward-looking statements based on those assumptions also could be
incorrect. You should not place undue reliance on these
forward-looking statements. The forward-looking statements
contained in this release are made as of the date hereof, and
Alpine 4 disclaims any intention or obligation to update the
forward-looking statements for subsequent events.
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SOURCE Alpine 4 Holdings, Inc.