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Huge News Drops This Morning On Low Float Idea (ASDN), Check Out The Press Release Now

March 18th

Good Morning,

Wow. That's big news today. Check it out:

Astro Aerospace Announces Horizon Aircraft’s 200th Successful eVTOL Flight

Horizon continues test flights of the Cavorite X5’s sub-scale prototype as it prepares for Astro’s acquisition

Dallas, Texas, March 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Astro Aerospace (OTCQB: ASDN) (“Company” or “Astro”), a leading manufacturer of electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today that more than 200 test flights have been successfully completed on a sub-scale prototype of the Cavorite X5, a five-seater hybrid-electric eVTOL. Horizon Aircraft (“Horizon”), a Canadian company leading in the global aerospace industry, has designed, engineered and overseen all testing of the Cavorite X5.

On February 18, Astro announced it has entered into an agreement to acquire Horizon to accelerate Astro’s Alta and Elroy programs, one of the first modern eVTOL aircraft to fly with people on board. Astro’s existing roots in the industry and high-calibre expertise, combined with Horizon’s engineering competencies, is expected to position the Company to be one of the leaders in the eVTOL market. Astro expects to complete the acquisition of Horizon in April.

[...]

Horizon Co-Founder and CEO Brandon Robinson stated, “Completing more than 200 test flights is extremely exciting for the entire teams at both Horizon and Astro. Soon, our merged company will have the capital and resources to bring our extensively tested Cavorite to-market, offering urban centers a reliable, comfortable and high-efficiency eVTOL.”

[...]

“The testing of the Cavorite X5’s sub-scale prototype has exemplified to the global eVTOL market that Horizon’s engineered design is the new standard,” said Astro CEO Bruce Bent. “The soon-to-be completed acquisition of Horizon is expected to add tremendous value to the combined entity as we move towards the expected commercial launch of the X5 into the growing $46.7Bn eVTOL aircraft market.”

Read the full article here.

Could this be the catalyst spark that sets ASDN on a major vertical move?

At close Wednesday, ASDN still had multiple triggered technical indicators according to Barchart.

The website also provided ASDN with a "88% BUY" designation based on overall technical indicators.

Between this game-changing news, a low float, and all of these bullish technicals, ASDN needs to remain at the top of your watch-list today.

If you haven't read my initial report below, do so now and get it on your radar immediately.

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Did you see what happened with my most recent profile?

RELI ran from a Friday close of 4.39 to a high of $5.68 Tuesday for an approximate $1.25+ surge in the blink of an eye.

But that was then, and this is now. Let's dive into a new idea with a quick question...

What do you know about eVTOL aircraft?

eVTOL (electric vertical takeoff and landing) is a type of aircraft that uses electric power to hover, take off, and land vertically.

This tech came about thanks to major advances in electric propulsion (motors, batteries, electronic controllers) and the growing need for new vehicles for urban air mobility (air taxi).

The eVTOL aircraft market size is projected to reach $87.64Bn by 2026, and the Urban Air Mobility (UAM) market is estimated to surpass $1Tn in the next decade.

Some of the biggest aircraft companies and agencies that are putting serious blood, sweat, and tears into eVTOL research and development are Boeing, NASA, and Airbus.

Recognize those names, don't you?

Well, here's an up-and-comer whose name you may not recognize but also may not fly under Wall Street's radar for much longer due to recent corporate actions I've highlighted in the report below.

For Wednesday, March 17th, there is only one profile to have on your watch-list:

*Astro Aerospace Ltd. (ASDN)*

Astro Aerospace is the developer of the world's most advanced, autonomous, short haul, eVTOL (Electric Vertical Takeoff and Landing) aerial vehicles.

ASTRO Aerospace is the ONLY public pure play company globally that has a functioning technology in a working, full-scale prototype.

Their Vision

Their vision is “Flight Made Easy”, to build and distribute the safest, most reliable and efficient autonomous, electric vertical take-off and landing (eVTOL) vehicles for the world market.

Their Mission

ASTRO’s mission is to create and distribute eVTOL aircraft that are safe, accessible, affordable and user-friendly.

Their Solution

Their solution is to commercialize our technology and sell it to the government and private sectors, so that it can be used for military operations, search and rescue, commercial deliveries, sight-seeing, personal flight, and more.

Currently, they have a working prototype that features a carbon fiber shell, and 16 independent rotors to enable flight. In the cockpit is a touch control system, allowing pilots to fly manually or switch to autonomous mode. Though there's no confirmed release date as of yet, ASTRO foresees the vehicle to be used across a variety of industries - from personal, to agricultural to military uses and many in between.

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Right now the ASDN has 5 potential driver indicators that could provide this profile with a breakout spark. They are...

#1. ASDN Potential Driver Indicator - Horizon Aircraft Acquisition News

Astro Aerospace Announces the Acquisition of Horizon Aircraft to Propel Itself as a Leader in the eVTOL market

Dallas, Texas--(Newsfile Corp. - February 18, 2021) - Astro Aerospace (OTCQB: ASDND) ("Company" or "Astro"), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today that it has entered a binding agreement to acquire Horizon Aircraft Inc. ("Horizon"), creator of the world's first eVTOL that flies exactly like a conventional aircraft for the majority of its mission. The transaction is expected to close on or before the beginning of 2nd Quarter pending customary closing conditions.

Astro, a pioneer in the eVTOL market, has developed one of the market's safest and most efficient eVTOLs in the world. In 2018, the Company's drone, 'Elroy', was one of the first to seamlessly fly with humans on board. Astro continually defies traditional aviation design, and the acquisition of Horizon will only push the Company further, with the ability to reach greater heights working in tandem with Horizon's exceptional team.

Horizon, a Canadian company trailblazing in the global aerospace industry, has developed the prototype Cavorite X5, an eVTOL travelling up to an estimated speed of 450 km/h with a 500 kilometer range and a five passenger capacity. The vehicle has been designed to have reduced hydrocarbon emissions, and built for operational realities including bad weather, traffic avoidance, and low-time pilots. Its patented fan-in-wing patent enables the Cavorite to be the world's first eVTOL that can fly the majority of its mission exactly like a normal aircraft.

Horizon co-founders Brandon and Brian Robinson are aerospace revolutionaries applying their excellence in Mechanical Engineering to change the way we approach travel. Son Brandon Robinson, Horizon's Chief Executive Officer, is a Mechanical Engineer, a CF-18 Fighter Pilot Top Gun graduate, and holds an MBA with more than $400Mn in projects overseen. Brandon has a strong drive to think and 'create-outside-the-box,' a skill passed down by his father. Brian, Horizon's Chief Technology Officer, is also a Mechanical Engineer, beginning his innovation journey long before Horizon's existence. Building aircraft from the age of 14, Brian's previous aerospace engineering company saw much success as it developed numerous first-of-its-kind innovations. This eventually led to designing a revolutionary new eVTOL prototype, long before the market took off.

Today, the Robinson duo is steering Horizon's team through this pivotal transaction with Astro, whose well-established reputation, growth trajectory and pool of dedicated investors in the public market presents a transformational opportunity. Brandon commented, "My father and I have long admired the unprecedented advances Astro has achieved in the aerospace sector. Astro is a pioneer in the industry, and its work has remained incredibly relevant amongst the rise of eVTOL popularity. Horizon could not be happier to join forces with such an influential company who will contribute its high-calibre expertise to bring our design to market."

[...]

"The acquisition of Horizon will allow the visions of both Horizon and Astro to align, creating a powerful force in the eVTOL market," said Astro CEO Bruce Bent. "Astro shareholders can soon anticipate exponential growth as we enter this next chapter as an even greater player in the aerospace industry."

Read the full article here.

#2. ASDN Potential Driver Indicator - Bullish Technical Indicators

As of 11:00AM EST Tuesday, ASDN was displaying a multitude of triggered technical indicators on Barchart. Check these out:

Short Term Indicators

• 20 - 50 Day MACD Oscillator
• 20 - 100 Day MACD Oscillator
• 20 - 200 Day MACD Oscillator

Medium Term Indicators

• 50 Day Moving Average
• 50 - 100 Day MACD Oscillator
• 50 - 150 Day MACD Oscillator
• 50 - 200 Day MACD Oscillator

Long Term Indicators

• 100 Day Moving Average
• 150 Day Moving Average
• 200 Day Moving Average
• 100 - 200 Day Moving Average

Barchart is also reporting its composite "TrendSpotter" indicator to be triggered as a "BUY."

Additionally, the website recognizes ASDN with an "88% BUY" designation overall.

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#3. ASDN Potential Driver Indicator - Strengthening Chart / Trading From Potential Support

Check out ASDN's 6-month chart:

As you can see, ASDN has been on a heater in recent weeks.

At close Monday, ASDN was trading above several lines of strong potential support that could help fuel a continued vertical move.

ASDN was trading above its:

• 50-Day Simple Moving Average,
• 200-Day Simple Moving Average, and its
• 13-Day Exponential Moving Average (EMA).

Additionally, ASDN is trading above its 5-Day EMA and 13-Day EMA while its 5-Day EMA is trading above its 13-Day EMA which can be seen as a bullish trend short term.

Less than a month ago, ASDN was able to hit a 52-week high of $7.34 which is giving it upside potential over 40% from Monday's close.

With this recent vertical surge after bouncing off of the $3.00 level, could ASDN be on the verge of hunting down previous highs?

I'm not saying that ASDN is going to soar to a new 52-week high Wednesday, but you need to be fully aware of the potential upside to last month's high.

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#4. ASDN Potential Driver Indicator - Low Float

According to the OTC Markets website, ASDN has a low float.

The website reports this profile to have approximately 4.1Mn unrestricted shares.

Why is that important? It's important on one crucial level. Volatility.

With so few shares available for trading, potential driver indicators can send shares heading vertical in the short-term.

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#5. ASDN Potential Driver Indicator - Anticipated Nasdaq Listing

Astro Aerospace Appoints Kingswood Capital Markets in Preparation for NASDAQ Listing

Dallas, Texas--(Newsfile Corp. - February 17, 2021) - Astro Aerospace (OTCQB: ASDND) ("Company" or "Astro"), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today that it has appointed Kingswood Capital Markets ("Kingswood") in preparation to become a NASDAQ-listed company.

[...]

Kingswood's expertise has been engaged to aid in both Astro's NASDAQ uplist and business growth, as part of the Company's endeavors to disrupt the current aerial vehicle industry with technology that is safe, user-friendly and economically and environmentally sustainable.

"Traffic congestion and pollution is rapidly increasing across our planet," stated Astro CEO Bruce Bent. "The UN predicts that global populations living in urban areas will increase to 68 percent by 2050, which means these problems will only become further amplified."

Astro's growth to a NASDAQ-listed company will be a huge accelerator of its vision of a world led by greener and more efficient drone transportation. Drones are currently an estimated $100Bn market (Source: Goldman Sachs Research).

Mr. Bent continued, "We appointed Kingswood for its proven capabilities and track record. A capital raise and anticipated NASDAQ listing will be monumental in enabling Astro to access greater capital markets and influential investors."

Read the full article here.

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ASDN Recap - Top 3 Potential Breakout Driver Indicators

#1. Horizon Aircraft Acquisition News

#2. Bullish Technical Indicators

#3. Strengthening Chart / Trading From Potential Support

#4. Low Float

#5. Anticipated Nasdaq Listing

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While you have time now, do this to ensure you receive any ASDN updates I send as quickly as possible:

If there are any more updates today, I'll get them out to you quickly.

Sincerely,

Kai Parker

StockWireNews

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(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)