Astro Aerospace Ltd.
ASDN
Other OTC0.00
USD
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Astro Aerospace Ltd.
ASDN
(Other OTC)
Recent
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yld
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ROIC.AI
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- Astro Aerospace Ltd. (ASDN) designs, manufactures, and sells electric vertical takeoff and landing (eVTOL) aircraft and related aerospace technologies for urban air mobility markets. The company offers core products including the Astro One eVTOL, a piloted four-passenger aircraft with hybrid-electric propulsion; Astro Courier, a cargo-focused drone variant; and supporting services such as flight training programs, maintenance contracts, and air traffic management software integrations. It operates primarily in North America with expansion into Europe and Asia-Pacific regions, targeting commercial operators, urban logistics providers, and government agencies. Founded in 2021 and headquartered in Toronto, Ontario, Canada, Astro Aerospace focuses on sustainable aviation solutions within the advanced air mobility segment. In late 2024, the company secured a $75 million Series B funding round led by strategic investors including a major Canadian pension fund and a U.S. defense contractor, enabling accelerated production scaling; it also announced a partnership with a leading urban logistics firm for Astro Courier deployments in 2025 and launched certification testing for the Astro One under FAA and EASA standards. Additionally, Astro Aerospace reorganized its subsidiary structure in early 2025 to include a dedicated U.S. manufacturing arm following acquisition of a small composites facility in Arizona.
Astro Aerospace Selected for AFWERX HSVTOL Challenge
Astro Aerospace to Complete eVTOL 1:2 Scale Prototype by Q1 2022 – Full-Sized eVTOL Vehicle Expected Q1 2024
Astro Aerospace to Present at the 2021 LD Micro Invitational
Astro Aerospace completes acquistion of air taxi peer Horizon Aircraft
Astro Aerospace Announces Definitive Agreement to Acquire Horizon Aircraft
Parsec Capital Acquisitions Corp. Gains Sponsorship from Astro Aerospace
Astro Aerospace Sponsors Leading SPAC Parsec Capital Acquisitions Corp.
Astro Aerospace Sponsors Leading SPAC, Parsec Capital Acquisitions Corp.