Alpine 4's Subsidiary Vayu Aerospace Inks Drone Sales Agreement With ENSCO

Alpine 4 Holdings Inc (NASDAQ ALPP) subsidiary, Vayu Aerospace Corporation, and ENSCO have entered into a procurement agreement to acquire the US-1 drone for its operations in the U.S. Deal terms were not disclosed.
Vayu has developed use case applications for the Department of Defense, Homeland Security, Border Patrol, and several industrial sectors, including rail and energy.
ENSCO provides engineering, science, and advanced technology equipment for the defense, security, transportation, and aerospace industries.
Price Action: ALPP shares are trading lower by 0.92% at $1.08 on the last check Wednesday.