PHOENIX, March 23,
2022 /PRNewswire/ -- Alpine 4 Holdings, Inc. (Nasdaq:
ALPP), a leading operator and owner of small market businesses
announced today that its subsidiary, Vayu Aerospace Corporation
(VAYU) and ENSCO have entered into a procurement agreement to
acquire the US-1 drone for its operations in the United
States. Vayu has developed several use case applications for
the Department of Defense, Homeland Security, Border Patrol, and
several industrial sectors including rail and energy.
Vayu's President, TK Eppley commented, "When I was hired 9
months ago, I was tasked with building out a drone production
facility. As we sell through our remaining US-1's, we continue to
progress on the development of the US-2 and have created the
capabilities to manufacture G1 aircraft faster than ever before.
It's incredibly gratifying to be fulfilling orders and to be doing
business with a company of Ensco's caliber."
Kent Wilson, CEO of Alpine 4, had
this to say, "TK and his team have done a great job
professionalizing the airframes Vayu offers. When we hired TK
last summer, we made the decision to proactively remove all Chinese
electrical components from our drones. This process has led us to a
point where we are actively selling our airframes to customers like
Ensco and are able to provide airframes to the US government and
companies that need a true US manufactured and component sourced
product. We congratulate TK and his team for a job well
done!"
ENSCO is a provider of engineering, science, and advanced
technology equipment for the defense, security, transportation, and
aerospace industries.
www.ensco.com
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 at
investorrelations@alpine4.com
www.alpine4.com
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.