Impossible Aerospace
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Impossible Aerospace was an electric aircraft company founded in 2016 in Santa Clara, California by former Tesla engineer Spencer Gore. Its flagship product, the US-1 drone, integrated battery cells into the airframe structure to achieve roughly an hour of flight endurance - far longer than comparable drones - targeting municipal, public-safety, and military customers including the U.S. Air Force and the City of Santa Clara. The company was backed by Bessemer Venture Partners, Eclipse Ventures, and Airbus Ventures. In November 2020 it entered a binding merger agreement with Alpine 4 Technologies, under which it became a wholly owned subsidiary.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Impossible Aerospace was founded in 2016 by former Tesla engineer Spencer Gore to build high-performance electric aircraft.
- US-1 drone unveiled
The company unveiled the US-1 aircraft, a drone with battery cells integrated into its structure for about an hour of flight endurance, backed by Bessemer Venture Partners, Eclipse Ventures, and Airbus Ventures.
- Acquisition by Alpine 4
In November 2020 Impossible Aerospace entered a binding merger agreement with Alpine 4 Technologies (ALPP), with closing expected by December 10, 2020; Gore was retained to assist with US-1 knowledge transfer and U.S. military contracts.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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