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Thursday, October 21, 2021

From Pennies to Dollars; the Swift Rise of Alpine 4 Technologies Ltd (OTCMKTS: ALPP)

Alpine 4 Technologies Ltd (OTCMKTS: ALPP) has seen a historic rise in recent months from pennies when we first covered the stock to recent highs over $7 per share as the Company prepares for NASDAQ up listing. The Company is led by Spencer Gore, a Tesla, SpaceX and NASA alum who is listed on Forbes 30 under 30. Recently Alpine 4 has acquired United States Air Force contractor, Impossible Aerospace Corporation (IA). cementing Alpine 4 as a leader in the US Drone market as the Company adds two drone subsidiaries to reside in the A4 Technology portfolio. This was followed by the more recent acquisition of Vayu a builder of high-performance vertical take-off and landing (VTOL) hybrid propulsion-based, autonomous aircraft further cementing Alpine 4 in the red-hot US drone market. 

ALPP recently provided preliminary guidance for its 2020 revenue. The company expects to report 2020 sales of $33.5 million to $35 million, which is revenue growth of approximately 19% to 24% over 2019. 

Alpine 4 Technologies, Ltd is a publicly traded conglomerate that acquires businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. Alpine 4 understands the nature of how technology and innovation can accentuate a business. The Company’s focus is on how the adaptation of new technologies, even in brick-and-mortar businesses, can drive innovation. Management also believes its holdings should benefit synergistically from each other, have the ability to have collaborate across varying industries, spawn new ideas and create fertile ground for competitive advantages. 

Microcapdaily was reporting on ALPP when the stock was down and out and under a dime in February, 2020 stating: “Currently trading at a $9 million market valuation ALPP is fully reporting OTCQB will plans to up list to a national exchange. The Company does have $18 million in current liabilities and just received a commitment of up to $10 million from Lincoln Park Capital, both of these are potential problems. but ALPP is an exciting story developing in small caps – “ 

Alpine 4 added to its Drone Holdings with the acquisition of Vayu (U.S.), Inc. Vayu builds high-performance vertical take-off and landing (VTOL) hybrid propulsion-based, autonomous aircraft. Its customers and partners range from public and private entities in Australia, Canada and sub-Saharan Africa in a variety of sectors – from critical medical supply transport to infrastructure inspection. Vayu represents Alpine 4’s second recent acquisition in the fast-growing UAV space and will serve as a vital addition to the platform capabilities of Impossible Aerospace. The shareholders of Vayu are primarily leading venture capitalists and angel investors, including Tesla Motors founder’s Martin Eberhard and Marc Tarpenning and Cosmonaut Esther Dyson, as well as public health experts. Like Impossible Aerospace, the transaction will be completed in a reverse triangular merger with a newly formed subsidiary of Alpine 4. Upon meeting the final closing conditions, Vayu will be a wholly owned subsidiary of Alpine 4. Vayu and Alpine 4 expect to have the closing conditions met by January 10th, 2021. Daniel Pepper, the current CEO of Vayu, will continue on in his role as CEO. 

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ALPPALPP’s 1st Drone acquisition was United States Air Force contractor, Impossible Aerospace Corporation (IA). As part of the acquisition 3 major institutional investors became shareholders in Alpine 4; Airbus Ventures (one of the largest aviation companies in the world), Bessemer VC (the oldest Venture Capital firm in America) and Eclipse VC. The acquisition cements Alpine 4 as a leader in the US Drone market as the Company adds two drone subsidiaries to reside in the A4 Technology portfolio. 

The Company’s subsidiary Quality Circuit Assembly (QCA), has already booked $1.5M in new work with just its EV Customers for Q1 2021, with more anticipated in the quarter. QCA completed $1.2M in projects for these Fortune 500 EV customers in Q4 2020. Alpine 4’s investment of $1.25M into a new SMT line and related equipment for QCA has proven to be a fruitful investment. ALPP recently provided preliminary guidance for its 2020 revenue. The company expects to report 2020 sales of $33.5 million to $35 million, which is revenue growth of approximately 19% to 24% over 2019. 

On February 5 Alpine 4 announced one of its drone subsidiaries, Vayu, is set to achieve the world record for distance by flight through their autonomous delivery G1 vertical takeoff and landing (VTOL) aircraft. The Vayu team will be heading to Equatorial Guinea, Africa in the coming weeks to achieve this accomplishment. They will fly their G1 aircraft from the port city of Bata to the island of Bioko approximately 128 miles away. Additionally, they will also fly the G1 from Bioko Island to Annobon Island approximately 364 miles away. The last known distance record was in 2017 with a fixed wing unmanned aerial vehicle (UAV) by a Nevada UAS Consortium for about 97 miles. 

The application has been filed with the Guinness Book of World Records and the Vayu team, led by CEO, Daniel Pepper, is working through the logistics of moving the G1 aircraft internationally. This will not be Mr. Pepper’s first trip to Africa with Vayu aircraft. He and his team previously partnered with USAID in Malawi to help combat Zika by testing payload capacity deliveries to remote areas. The team also partnered with the Stony Brook University Global Health Institute to deliver blood samples and vaccines in Madagascar. 

Ian Kantrowitz, member of Alpine 4’s Executive Leadership Team commented, “Who doesn’t love a world record? Since the Vayu team is already going to be in Equatorial Guinea meeting with the Ministry of Health anyway, we figured we may as well go for a world record.” 

 

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ALPP has seen a historic rise in recent months from pennies when we first covered the stock to recent highs over $7 per share as the Company prepares for NASDAQ up listing. The Company is led by Spencer Gore, a Tesla, SpaceX and NASA alum who is listed on Forbes 30 under 30. Recently Alpine 4 has acquired United States Air Force contractor, Impossible Aerospace Corporation (IA). cementing Alpine 4 as a leader in the US Drone market as the Company adds two drone subsidiaries to reside in the A4 Technology portfolio. This was followed by the more recent acquisition of Vayu a builder of high-performance vertical take-off and landing (VTOL) hybrid propulsion-based, autonomous aircraft further cementing Alpine 4 in the red-hot US drone market. Microcapdaily was reporting on ALPP when the stock was down and out and under a dime in February, 2020 stating: “Currently trading at a $9 million market valuation ALPP is fully reporting OTCQB will plans to up list to a national exchange. The Company does have $18 million in current liabilities and just received a commitment of up to $10 million from Lincoln Park Capital, both of these are potential problems. but ALPP is an exciting story developing in small caps – ”  ALPP recently provided preliminary guidance for its 2020 revenue. The company expects to report 2020 sales of $33.5 million to $35 million, which is revenue growth of approximately 19% to 24% over 2019.  We will be updating on ALPP when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ALPP.

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Disclosure: we hold no position in ALPP either long or short and we have not been compensated for this article.

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