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Astro Aerospace Ltd.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2021 10-Q, filed Sep 30, 2021. Its latest SEC filing is a REVOKED from May 11, 2023.

The sections below describe the company as of the FY2020 annual report.

What Did They Do?

Develops passenger and cargo electric aircraft for government, private-sector operators, and individual users.

Who Were Their Customers?

The company targets government, private-sector operators, and individuals for commercial, logistical, and personal uses.

How Were They Changing?

Since the FY2020 annual report
Latest quarter: Q2 FY2021, the three months to Jun 30, 2021
Revenue
vs $0 in Q2 FY2020
Net income
▲ +4425% (Loss)
vs −$340.7K in Q2 FY2020
  • Mar 31, 2022 Bruce Bent replaced Patricia Trompeter as chief executive Trompeter resigned as chief executive, and director Bruce Bent was appointed to the role.
  • Jun 4, 2021 Patricia Trompeter replaced Bruce Bent as chief executive Bent resigned as chief executive and continued as executive chairman.
  • Jun 4, 2021 Astro acquired Horizon Aircraft Astro purchased all of Horizon Aircraft's issued shares in exchange for Astro common shares.

From pool services to aircraft development The older report describes pool and spa maintenance, repairs, resurfacing, and renovations. The latest report describes research and development of passenger and cargo drones.

Who Did They Compete With?

Competes with Volocopter and Ehang

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