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

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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 its reach into the defense, drone, and VTOL markets, furthering its goal of decarbonizing aviation.
The acquisition includes Talyn's intellectual property, such as patents for unique eVTOL staged architecture and in-air recharging, alongside seven defense contracts.
Ampaire plans to leverage these assets to integrate its hybrid electric systems into VTOL aircraft, positioning itself as a leading propulsion provider for both conventional and emerging aircraft types.

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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.