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:

Hybrid electric propulsion systems provider Ampaire acquired eVTOL manufacturer Talyn Air to strategically expand into the defense, drone, and emerging VTOL markets.
The acquisition includes Talyn's substantial intellectual property, such as patents for a unique staged eVTOL architecture and in-air recharging, along with seven existing defense contracts.
This move positions Ampaire to become a dominant propulsion provider for both conventional and future aircraft, aiming to help the aviation industry achieve its net-zero carbon emissions target by 2050.

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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.