Alpine 4 shares are trading higher after the company announced its subsidiary, Vayu Aerospace, received its first $5.25 million purchase order from its $100 million supply agreement with All American Contracting, a U.S. government contractor.
Portfolio Pulse from Benzinga Newsdesk
Alpine 4's subsidiary, Vayu Aerospace, has received its first $5.25 million purchase order from its $100 million supply agreement with All American Contracting, a U.S. government contractor. This has led to a rise in Alpine 4's share prices.
July 10, 2023 | 1:30 pm
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Alpine 4's shares are trading higher after its subsidiary, Vayu Aerospace, received a $5.25 million purchase order. This is the first order from its $100 million supply agreement with All American Contracting.
The news of Vayu Aerospace, a subsidiary of Alpine 4, receiving a significant purchase order from its supply agreement with All American Contracting has positively impacted Alpine 4's share prices. This indicates a strong revenue stream for the company, which is a positive signal for investors.
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