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Astro Aerospace Ltd. (ASDN)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.5700-0.1300 (-4.81%)
As of 3:53PM EDT. Market open.
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  • S
    This is the only drone stock worth more then 3cents/ share that is up this morning. And a whooping 10% up. Bent is colluding with someone to buy and sell.
  • R
    This company has survived because of their future offering of "Electric Flight", but just barely. I am not a present investor, but have traded this company's stock reasonably successfully during their early years up until their split. Don't Give Up! Their arrangement with Horizon should become the basis for their success. Horizon has Pilots, one of whom was Top Gun!
    ASDN was never one to have administrative strengths and they must complete their 10K soon! Until that point I would not see much occurring. The purchase of Horizon is a "feather in their cap" and a success for Bruce Bent. I am a retired Financial Advisor and Trader.
    Good Luck and do you own due diligence in trading this stock. I believe it has great potential, Who knows NASA could be flying one their EV's on Mars.
    PS I am considering repurchasing the company shares, but need to see some progress.
    I am TheOldArtCollector.
  • S
    Top Bullish Charts | March 2021 💰💵📈

  • p
    Bought at 5.86. Does anyone know what could potentially increase the price up in the near term like a month? Example the expected merger completion early April?
  • R
    When will ASDN be listed on NASDAQ and anybody knows when they will announce the completion of the merging with the other company
  • B
    Top Bullish Charts | March 2021 💰💵📈

  • S
    I’ve been starting to do a little research here. The set up looks intriguing, the eVTOL industry looks like huge growth potential. I like that new hire and the technology, but wondering from those more informed here what the “competitive advantage” you think exists.
  • f
    l really ask myself what is going on with this company? Someone knows something?
  • T
    is ASDN still a good buy right now?
  • O
    OTC Diva
    Big acquisition press release came out this month!

    Astro Aerospace Announces the Acquisition of Horizon Aircraft to Propel Itself as a Leader in the eVTOL market

    Dallas, Texas – February 18, 2021 - Astro Aerospace (OTCQB: ASDND) (“Company” or “Astro”), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today that it has entered a binding agreement to acquire Horizon Aircraft Inc. (“Horizon”), creator of the world’s first eVTOL that flies exactly like a conventional aircraft for the majority of its mission. The transaction is expected to close on or before the beginning of 2nd Quarter pending customary closing conditions.

    Astro, a pioneer in the eVTOL market, has developed one of the market’s safest and most efficient eVTOLs in the world. In 2018, the Company’s drone, ‘Elroy’, was one of the first to seamlessly fly with humans on board. Astro continually defies traditional aviation design and the acquisition of Horizon will only push the Company further, with the ability to reach greater heights working in tandem with Horizon’s exceptional team.

    Horizon, a Canadian company trailblazing in the global aerospace industry, has developed the prototype Cavorite X5, an eVTOL travelling up to an estimated speed of 450 km/h with a 500 kilometre range and a five passenger capacity. The vehicle has been designed to have reduced hydrocarbon emissions, and built for operational realities including bad weather, traffic avoidance, and low-time pilots. Its patented fan-in-wing patent enables the Cavorite to be the world’s first eVTOL that can fly the majority of its mission exactly like a normal aircraft.

    Horizon co-founders Brandon and Brian Robinson are aerospace revolutionaries applying their excellence in Mechanical Engineering to change the way we approach travel. Son Brandon Robinson, Horizon’s Chief Executive Officer, is a Mechanical Engineer, a CF-18 Fighter Pilot Top Gun graduate, and holds an MBA with more than $400 million in projects overseen. Brandon has a strong drive to think and ‘create-outside-the-box’, a skill passed down by his father. Brian, Horizon’s Chief Technology Officer, is also a Mechanical Engineer, beginning his innovation journey long before Horizon’s existence. Building aircraft from the age of 14, Brian’s previous aerospace engineering company saw much success as it developed numerous first-of-its-kind innovations. This eventually led to designing a revolutionary new eVTOL prototype, long before the market took off.

    Today, the Robinson duo is steering Horizon’s team through this pivotal transaction with Astro, whose well-established reputation, growth trajectory and pool of dedicated investors in the public market presents a transformational opportunity. Brandon commented, “My father and I have long admired the unprecedented advances Astro has achieved in the aerospace sector. Astro is a pioneer in the industry, and its work has remained incredibly relevant amongst the rise of eVTOL popularity. Horizon could not be happier to join forces with such an influential company who will contribute its high-calibre expertise to bring our design to market.”

    The eVTOL aircraft market size is projected to reach $87.64 billion by 2026, and the Urban Air Mobility (UAM) market is estimated to surpass $1 trillion in the next decade. Astro’s strong foundation in the industry, now paired with Horizon’s ground breaking design and Mechanical Engineering expertise, presents an advantageous opportunity for the combined entity to bring its designs quickly to market.

    “The acquisition of Horizon will allow the visions of both Horizon and Astro to align, creating a powerful force in the eVTOL market,” said Astro CEO Bruce Bent. “Astro shareholders can soon anticipate exponential growth as we enter this next chapter as an even greater player in the aerospace industry.”

    About Astro Aerospace

    Astro Aerospace is the developer of the world’s most advanced, autonomous, short haul, eVTOL (Electric Vertical Takeoff and Landing) aerial vehicles.

    Our mission is to make self-flying unmanned and manned vehicles available to anyone, at anytime, from anywhere, and to turn this new and exciting aircraft into a mainstream mode of transportation.

    Our vision is “Flight Made Easy”.

    Visit www.flyastro.com for more information.
  • P
    Pat Maguire
    What is going on w ASDN today?
    every time it starts to build a little momentum it goes right back to $4.45
    Im fairly new to stock investing, is this normal? Is this a ceiling?
  • f
    I bought 1k shares just to have some but I am still not sure whether this company is real??
    They are buying Horizon Aircraft which is actually a big thing but is the Cavorite X5 real as well?? So I hope that everything is okay and this company, that is targeting a Nasdaq listing is not a scam.
  • f
    Like many technologies before it, drones have emerged beyond their military origins to become valuable tools across various industries. By 2020, drones will reach an estimated $100 billion market opportunity, aided by growing demand from commercial and civil government sectors (Source: Goldman Sachs Research).

    Dedicated to the Future of things to come, ASTRO is at the forefront of this disruptive aerial vehicle industry, continually exploring ways to apply our technology to global challenges such as traffic congestion, pollution and the overall stresses of daily life.

    With an elevated perspective on commuting, ASTRO gives the world an opportunity to connect with new possibilities and exciting investment opportunities. As the quintessential vehicle of the Modern Age, ASTRO offers a chance to reclaim control over out time, wellbeing and impact on the environment, allowing us to focus on the things that matter most.

    Let's change our perspective. Get off the ground. Fly ASTRO
  • n
    Is this bird gonna fly or what ?
  • J
    This company is highly undervalued. It is competitive in the aerospace market and other companies are valued much higher. It is an easy buy.
  • f
    better buy ehang
  • S
    Grabbed a bunch while was on sale lets see more news now great looking company $ASDND LETS KEEP UP the press releases need to know now Texas reopen how tall working threw covid
  • f
    any news about this company?
  • G
    $0.25 target