Alpine 4 Holdings subsidiary, Vayu Aerospace, gets first U.S. government order

The company states: “Alpine 4 Holdings announced that its subsidiary, Vayu Aerospace Corporation, has received its first P.O. from U.S. Government contractor, All American Contracting, Inc., for ten G1 MKIII Fixed Wing UAV’s. In late May of 2023, Vayu welcomed All American Contracting and a delegation from Nigeria to its facility in Ann Arbor, Michigan, for an in-person flight demonstration and production inspection of the G1 MKIII Airframe. This delegation’s primary use case is with Nigeria’s agriculture industry with the purpose of surveillance and analysis of large swaths of land. Under the terms of the existing Supply Agreement between Vayu and All American, the terms of the Purchase Order include a 1-year warranty on the airframes, electric motors, and electronics and a 5-year warranty on the engine. Vayu will also provide on-site training for All American’s customer’s pilots. Additionally, the P.O. requires a 10% down payment, with final payment to be sent prior to taking delivery. The airframes are scheduled for delivery in Q4 2023 and Q1 2024.”