Business
BrooQLy Inc. (BRQL) dba Dynamic Aerospace Systems Acquires Assets of Vayu (US) Inc., Impossible Aerospace Corporation, and Global Autonomous Corporation from Alpine 4 Holdings (ALPP) for $14,990,000
BrooQLy Inc. (BRQL) dba Dynamic Aerospace Systems Acquires Assets of Vayu (US) Inc., Impossible Aerospace Corporation, and Global Autonomous Corporation from Alpine 4 Holdings (ALPP) for $14,990,000.
About this update from Dynamic Aerospace Systems Corporation
[{"type":"text","content":"PHOENIX, ARIZONA / ACCESS Newswire / April 7, 2025 / BrooQLy Inc. (OTC PINK:BRQL), doing business as Dynamic Aerospace Systems ("DAS"), is excited to announce the acquisition of certain assets of Vayu (US) Inc. ("Vayu"), Impossible Aerospace Corporation, and Global Autonomous Corporation from Alpine 4 Holdings, Inc. (OTCMarkets: ALPP) for a total purchase price of $14,990,000.The Company's strategic acquisition of these assets marks a significant step forward for DAS. Under the new ownership, the assets of Vayu and Impossible Aerospace will serve as the cornerstone of DAS' UAV manufacturing division. Meanwhile, assets of Global Autonomous Corporation will be rebranded as Dynamic Deliveries, focusing on the rapidly expanding field of autonomous logistics. This restructuring aligns with the company's vision to innovate and deliver unique solutions in both autonomous UAV's and delivery systems.Dynamic Aerospace Systems will continue its ongoing efforts in Dubai, collaborating with the Dubai Civil Aviation Authority (DCAA) to advance autonomous aviation initiatives. In line with the rebranding of Global Autonomous Corporation, the company plans to operate under the name Dynamic Deliveries in the UAE, reinforcing its commitment to autonomous logistics in the region.Historical Context and Company BackgroundVayu Aerospace has an established background in the UAV industry, known for developing high-performance vertical take-off and landing (VTOL) aircraft. Its collaboration with ParaZero Technologies to integrate safety systems into its drone fleet has further solidified its reputation for innovation and reliability (Geospatial World, 2024).Impossible Aerospace, founded in 2016 by a former Tesla engineer, gained prominence with the launch of its US-1 drone in 2018, dubbed a "flying battery" for its unique design prioritizing battery life over traditional propulsion systems (Aerospace Global News, 2018; ZDNet, 2018). The company raised $9.4 million in funding to bring this vision to market, delivering a drone capable of extended flight times for applications such as public safety and SWAT team operations (TechCrunch, 2018; Commercial UAV News, 2018; New Atlas, 2018). Alpine 4 Holdings completed its acquisition of Impossible Aerospace in December 2020, integrating it into its aerospace portfolio (PR Newswire,...