Aircraft
Textron Completes Pipistrel Acquisition
Pipistrel becomes part of Textron's new eAviation division.
pipistrel
Pipistrel’s Velis Electro is the world’s first electric aircraft to receive full type certification from EASA. © Textron

Textron has completed its €218 million ($235 million) acquisition of European electric aircraft manufacturer Pipistrel, giving the Rhode Island-based company a foothold in electric aviation. With the acquisition’s close, Pipistrel becomes part of Textron’s new eAviation division and its branch headquarters, research and development, and manufacturing will remain in Slovenia and Italy. Textron plans to make additional investments in the company to expand its manufacturing and product development.


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