M&A Deal Summary

Ampaire Acquires Magpie Aviation

On March 4, 2024, Ampaire acquired aerospace company Magpie Aviation

Acquisition Highlights
  • This is Ampaire’s 1st transaction in the Aerospace sector.
  • This is Ampaire’s 1st transaction in the United States.
  • This is Ampaire’s 1st transaction in California.

M&A Deal Summary
Date 2024-03-04
Target Magpie Aviation
Sector Aerospace
Buyer(s) Ampaire
Deal Type Add-on Acquisition

Target

Magpie Aviation

Hayward, California, United States
Magpie Aviation is a developer of innovative electric aviation technologies. Magpie Aviation was formed in 2021 and is based in Hayward, California.

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Buyer(S) 1

Buyer

Ampaire

Hawthorne, California, United States
Category Company
Sector Aerospace
DESCRIPTION

Ampaire is a developer of practical and compelling electric aircraft. Ampaire is upgrading existing passenger aircraft to electric power—the quickest and most capital-efficient approach to making commercial electric air travel a reality. Ampaire is based in Hawthorne, California.

DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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