Astro Aerospace Ltd. (ASDND): The Undiscovered High-Flying Tech Company

The way people get around is poised to change more in the next decade than any time since the invention of the automobile. As emerging technologies and business models, like ride-hailing and sharing, are joined by autonomous vehicles, micro-mobility, and even eVTOL (flying cars, finally),

In fact, flying cars are real – and they could shape how we commute, work and live in the coming decades. Advances in battery energy density, materials science and computer simulation have spurred the development of a range of personal flying vehicles (and the navigation systems that will allow them to run), from electric gliders to fixed-wing craft and quadcopter drones.

Flying taxis — formally referred to as electric aircraft and the urban air mobility market — are coming in the near future and they can replace helicopters, Moelis and Company CEO and founder Ken Moelis told CNBC earlier this week.

“These vehicles will be 100 times quieter, they will be significantly safer, they’ll be significantly cleaner and significantly cheaper,” Moelis told CNBC’s Squawk Alley on Thursday.

, Astro Aerospace Ltd. (ASDND): The Undiscovered High-Flying Tech CompanyASTRO Aerospace is the ONLY public pure play company globally that has a functioning technology in a working, full-scale prototype.

ASTRO’s vision is “Flight Made Easy”, to build and distribute the safest, most reliable and efficient autonomous, electric vertical take-off and landing (eVTOL) vehicles for the world market.

ASTRO’s mission is to create and distribute eVTOL aircraft that are safe, accessible, affordable and user-friendly.

The company’s solution is to commercialize our technology and sell it to the government and private sectors, so that it can be used for military operations, search and rescue, commercial deliveries, sight-seeing, personal flight, and more.

Currently, ASTRO has a working prototype that features a carbon fibre shell, and 16 independent rotors to enable flight. In the cockpit is a touch control system, allowing pilots to fly manually or switch to autonomous mode. Though there’s no confirmed release date as of yet, ASTRO foresees the vehicle to be used across a variety of industries – from personal, to agricultural to military uses and many in between.

Last year, the company announced that they are in full development of their newest design, named “ALTA” – a concept built on the foundation of modularity and flexibility.

Shortly after a very successful test flight series in 2018, Astro’s engineering team went back to work making further improvements and modification

s to their Elroy model. Through this process they identified an opportunity to bring a new perspective to the eVTOL world, and in October 2018 the design of ALTA was born.

The ALTA platform includes a proprietary “Top Frame” design which flies solo and also connects to a series of specific use “Pods” enabling the modular system to perform in many different roles.

A few of the current Pods in development include Astro’s new CockPit2 and CockPit4 (2 and 4)

 PassengerDrones as well as the CargoDrone model, “Orbit”.

, Astro Aerospace Ltd. (ASDND): The Undiscovered High-Flying Tech Company

These new modular series Pods, along with many other planned “specific use” units will join the current “Elroy” model in the proposed fleet of vehicles that Astro intends to bring to the market.

“We see our new, modular ALTA design, in combination with a series of “custom-use specific pods”, helping private business, government agencies, as well as personal use (initially on

 private property) put into place much sooner than that of the higher risk, commuting segment, due to the lengthy and complicated certification and flight path development processes in major cities”, says Bruce Bent, Astro CEO.

Pending regulation and approvals, Astro anticipates pre-sales available as soon as 2021.

If you’ve been keeping an eye on ASDND for a while, now might be the time to make a leap. Its prosperous future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy ASDND stock.

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