Textron has entered into an agreement to purchase Slovenia-based aircraft developer and manufacturer Pipistrel. Pipistrel, which has long been on the forefront of the development of electric and hybrid electric aircraft, became the first company to earn a type certificate for a fully electric aircraft with the Velis Electro in June 2020. Following its acquisition of the company, Textron plans to form Textron eAviation, a new business segment that will focus on the development of sustainable aircraft.
This is a companion discussion topic for the original entry at https://www.avweb.com/aviation-news/textron-to-acquire-pipistrel