Moog announced on December 4 that it has completed its acquisition of Workhorse’s SureFly electric vertical takeoff and landing (eVTOL) program for $4 million. Workhorse and Moog also have established a 50:50 joint venture to complete development of the HorseFly unmanned cargo delivery drone.
Moog has yet to publish a timeline for completing development of SureFly. In October, the HorseFly began trial operations delivering medical supplies in San Diego, California, under a pilot program approved by the U.S. Federal Aviation Administration.
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