PHOENIX, Oct. 20, 2021 /PRNewswire/ -- Alpine 4
Holdings, Inc. (Nasdaq: ALPP), a leading operator and owner of
small market businesses, is pleased to announce that it has
acquired Identified Technologies, a drone mapping software company,
which will reside under Alpine 4's A4 Aerospace, Inc.
Identified Technologies (Identified) provides 2D data, 3D
volumetrics, orthomosaics, as built versus as planned comparisons,
as well as progress and cost forecasting and change detection for
industrial clientele. Identified's software and services take care
of everything from FAA compliance and flight planning to advanced
analytics. Identified empowers ENR 400 companies, including Lane
Construction, Vulcan Materials, Granite Construction and PJ Dick
with the ability to map highways, mines, and landfills in near
As part of A4 Aerospace, Identified will seamlessly and
vertically integrate with the Vayu Aerospace Corporation as well as
other third-party drone manufactures. The addition of this new
Driver Company continues to round out the A4 Aerospace Portfolio.
With an array of use cases, Identified opens doors into numerous
sectors in this still burgeoning drone economy.
Kent B. Wilson, Alpine 4 CEO, had
this to say, "What a great way to kick off our corporate debut
on the Nasdaq. When we purchased Impossible Aerospace
Corporation and Vayu (US), Inc. last year and merged them into Vayu
Aerospace Corporation, we knew we had three world-class airframes
to offer our customers. But we also recognized the need to
either create or acquire a software platform that could be tethered
to our airframes to deliver real-time information from all the
potential data that could be collected from our drone
offerings. That day was realized today when A4
Aerospace completed the acquisition of Identified
Technologies. Identified's robust mapping technology and
Vayu's US-1, G1 and G2 airframes are the perfect blend of a
hardware/software stack for our aerospace clientele."
Richard Zhang, Founder and CEO of
Identified added, "We're thrilled to now be part of the Alpine 4
umbrella of companies, and to be collaborating directly with the
Vayu Aerospace Corp. When I started Identified Technologies nine
years ago, I set out to use drone technology to implement a new
approach to offsite management. We've developed a deep expertise in
analyzing drone data. When paired with Vayu's world-class
airframes, we're positioned to grab market share in this space.
Together we can bring global impact to the market with a totally
integrated, enterprise-scale solution. I'm tremendously excited for
what the future holds as we congratulate Alpine 4 celebrating the
kickoff of the Nasdaq."
About Alpine 4 Holdings: Alpine 4 Holdings, Inc.
(ALPP) is a NASDAQ traded conglomerate that acquires businesses
that fit into its disruptive DSF business model of Drivers,
Stabilizers, and Facilitators. At Alpine 4, we understand the
nature of how technology and innovation can accentuate a
business. Our focus is on how the adaptation of new
technologies, even in brick-and-mortar businesses, can drive
innovation. We also believe that our holdings should
benefit synergistically from each other, have the ability to
collaborate across varying industries, spawn new ideas, and create
fertile ground for competitive advantages.
Four principles at the core of our business are Synergy.
Innovation. Drive. Excellence. At Alpine 4, we believe
synergistic innovation drives excellence. By anchoring these
words to our combined experience and capabilities, we can
aggressively pursue opportunities within and across vertical
markets. We deliver solutions that not only drive industry
standards, but also increase value for our shareholders.
Contact: Investor Relations
Forward-Looking Statements: The information
disclosed in this press release is made as of the date hereof and
reflects Alpine 4 most current assessment of its historical
financial performance. Actual financial results filed with the SEC
may differ from those contained herein due to timing delays between
the date of this release and confirmation of final audit results.
These forward-looking statements are not guarantees of future
performance and are subject to uncertainties and other factors that
could cause actual results to differ materially from those
expressed in the forward-looking statements including, without
limitation, the risks, uncertainties, including the uncertainties
surrounding the current market volatility, and other factors the
Company identifies from time to time in its filings with the SEC.
Although Alpine 4 believes that the assumptions on which these
forward-looking statements are based are reasonable, any of those
assumptions could prove to be inaccurate and, as a result, the
forward-looking statements based on those assumptions also could be
incorrect. You should not place undue reliance on these
forward-looking statements. The forward-looking statements
contained in this release are made as of the date hereof, and
Alpine 4 disclaims any intention or obligation to update the
forward-looking statements for subsequent events.
SOURCE Alpine 4 Holdings, Inc.