Add-on Acquisition • Aerospace

Surf Air Mobility Acquires Ampaire

On February 18, 2021, Surf Air Mobility acquired aerospace company Ampaire

Acquisition Context

This is Surf Air Mobility’s 1st transaction in the Aerospace sector.
This is Surf Air Mobility’s 1st transaction in the United States.
This is Surf Air Mobility’s 1st transaction in California.

Explore All 819 Add-on Acquisition Aerospace Deals - Search the Database Free

M&A Deal Summary
Date	February 18, 2021
Target	Ampaire
Sector	Aerospace
Buyer(s)	Surf Air Mobility
Deal Type	Add-on Acquisition

Target Company

Ampaire

Hawthorne, California, United States

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.

Explore More Deals

Browse All 215,130 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

Surf Air Mobility

Hawthorne, California, United States

Category	Company
Sector	Aerospace
Employees	815
Revenue	119M USD (2024)

DESCRIPTION

Surf Air Mobility is an electric aviation and air travel company expanding the category of regional air travel and reinventing flying through the power of electrification. The company intends to develop powertrain technology with its commercial partners to electrify existing fleets, bringing electrified aircraft to market at scale in an effort to substantially reduce the cost and environmental impact of flying. Surf Air Mobility is based in Hawthorne, California.

Deal Context for Buyer	#
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: 2021	1 of 1

Explore Related M&A Activity

Aerospace M&A - Add-on Acquisition M&A Deals - California M&A - United States M&A - 2021 M&A