Electric Sky, Inc. (El-Sky) announced it acquired substantially all the assets of Agile Aero, Inc. (Agile), a company focused on advanced aerospace vehicle design, including all of Agile’s intellectual property. All Agile personnel are now devoting their efforts to Electric Sky.
“Acquisition of Agile’s vehicle-design work aligns with El-Sky’s effort to electrify 21st century transportation. The coming wave of electric aircraft will bring lower operating costs, reduced ticket prices, and a smaller environmental footprint. El-Sky’s external power enables eAircraft to travel further, faster, and with more people. We welcome Agile’s technology into this mission”, said El-Sky CEO Robert Millman.
“I’m thrilled at this outcome for our investors; now we can take all we learned and apply it to helping customers develop new vehicles enabled by external power”, said El-Sky Chief Technologist and former Agile CEO Jeff Greason.