ALPINE 4 HOLDINGS INC A - ALPP STOCK NEWS

On October 20, 2021, Alpine 4 Holdings (Nasdaq: ALPP) announced its debut on the Nasdaq alongside the acquisition of drone mapping software company Identified Technologies. This acquisition, part of the A4 Aerospace portfolio, enhances Alpine 4's capabilities by integrating advanced drone mapping technology with Vayu Aerospace's airframes. Identified Technologies provides essential data services for industrial clients, empowering companies like Lane Construction and Vulcan Materials. The merger aims to capture market share in the burgeoning drone economy, promising synergistic benefits and innovation.

Alpine 4 Holdings, Inc. (ALPP) has received approval from The Nasdaq Stock Market to list on the Nasdaq Capital Market, effective October 20, 2021. CEO Kent Wilson expressed enthusiasm for this milestone, thanking employees and shareholders. The company also announced key management changes, promoting Larry Zic to Chief Financial Officer and appointing Mike Loyd to the Board of Directors as Chair of the Audit Committee. Alpine 4 focuses on acquiring businesses that foster innovation and collaboration across industries, aiming to enhance shareholder value.

Alpine 4 Holdings (OTCQB: ALPP) announced that its subsidiary, Thermal Dynamics International, Inc. (TDII), secured a $2.2M contract in Africa. This contract follows a $1M project contract awarded in Europe earlier this month. TDII specializes in complex project management and serves U.S. government entities, including the Department of Defense. Alpine 4's Executive Leadership emphasized the strategic value of the Thermal Dynamics acquisition in enhancing growth and shareholder value.

Alpine 4 Holdings (OTCQB: ALPP) reported a remarkable 63% revenue growth in Q2 2021 compared to Q1. The gross profit surged by 425%, reaching $4.0 million, driven by strong performance in manufacturing and construction services. Organic growth from subsidiaries hit 13.86%, with Quality Circuit Assembly leading at 18.82%. The company made strategic acquisitions to enhance its market presence, while R&D expenses totaled $515,000. Despite a net loss of $3.1 million due to one-time expenses, the company anticipates Q3 revenue between $19.5 million and $21 million, projecting net profitability.

Alpine 4 Holdings (ALPP) has announced preliminary guidance for Q2 2021, projecting sales of $14 million, reflecting a substantial 54% revenue growth over Q2 2020. For Q3, expectations exceed $18 million in sales. CEO Kent B. Wilson highlighted strong performance from A4 Manufacturing and its subsidiaries, while cautioning that recent acquisitions will only partially contribute to Q2 revenues. The company anticipates improved profit margins in the coming quarters, despite challenges faced by A4 Construction Services. Enhanced R&D spending is also planned for A4 Aerospace.

Alpine 4 Holdings (OTCQB: ALPP) announced that its subsidiary, Vayu Aerospace Corporation, successfully demonstrated the G1 and US-1 airframes to over 30 customers in the Energy and Mining industries in Indiana. The event showcased the airframes' superior flight capabilities and efficiency, particularly in energy production environments. Attendees, including representatives from major companies like Alcoa and Peabody Energy, expressed interest in the potential of Vayu's technologies to streamline operations and reduce inspection times. CEO Kent B. Wilson emphasized the transformative impact of their airframes on industry practices.

Alpine 4 Holdings (OTCQB: ALPP) has appointed TK Eppley as President of Vayu Aerospace Corporation, aiming to enhance production capabilities and expand the company’s presence in the unmanned aerial vehicle market. Eppley, a former Navy Seal with extensive experience in cybersecurity and data analytics, will oversee increased deliveries of the G1 and US-1 platforms globally. CEO Kent Wilson expressed confidence in Eppley's leadership and his connections with key US Department of Defense decision-makers. This strategic hire is expected to drive growth and innovation within Vayu Aerospace.

Alpine 4 Holdings, Inc. (OTCQB: ALPP) announced a significant development on July 6, 2021, as its subsidiary Alternative Laboratories, LLC secured a $2,000,000 order set for Q3 2021. This contract involves producing a high-quality gut health product line for a leading health food company. CEO Kent Wilson highlighted the booming nutraceutical market, projected to reach $722.49 billion by 2027, positioning Alt Labs to capitalize on this growth through investments in equipment and training. COO Mark Wesolaski expressed enthusiasm about leveraging the order to enhance efficiencies and drive rapid growth.

Alpine 4 Holdings (OTCQB:ALPP) announced the merger of its subsidiaries Impossible Aerospace Corporation and Vayu (US) Inc. into VAYU Aerospace Corporation, Inc., effective October 1, 2021. The merger aims to leverage over $20 million in combined R&D to dominate the burgeoning commercial drone market, projected to grow from $4.4 billion in 2018 to $63 billion by 2025. The unified company will enhance supply chain efficiency, streamline R&D, and reduce operational costs by 20%. New synergies are expected to drive growth and innovation in freight, surveillance, and military applications.