Hybrid-Electric Propulsion Developer Ampaire Acquires eVTOL Maker Talyn Air

Ampaire has no plans to build its own aircraft but will inherit Talyn’s intellectual property and Department of Defense agreements.

Jack Daleo

Monday, July 24, 2023 at 02:50 PM ET

Verified

Ampaire’s hybrid electric Eco Caravan, built from a Cessna 208B Grand Caravan. [Courtesy: Ampaire]

Key Takeaways:

Ampaire, a provider of hybrid electric propulsion systems, acquired eVTOL manufacturer Talyn Air to expand into the defense, drone, and broader vertical takeoff and landing (VTOL) aviation markets.
The acquisition includes Talyn's key assets such as trade secrets, patents (notably for staged eVTOL architecture and in-air recharging), and seven defense contracts.
Ampaire plans to leverage these assets to become the leading provider of hybrid electric propulsion across both conventional and emerging VTOL aircraft, aiming to significantly contribute to aviation's net-zero carbon emissions goal by 2050.

See a mistake? Contact us.

If the aviation world is to reach its target of net-zero carbon emissions by 2050, it will need to transition to a new fuel source for aircraft—both conventional and modern.

That’s the mission of hybrid electric propulsion systems provider Ampaire, which last week announced the acquisition of electric vertical takeoff and landing (eVTOL) aircraft manufacturer Talyn Air in a bid to enter the defense, drone, and VTOL markets.