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Astro Aerospace Ltd. (ASDN) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

DELISTED

What happened to Astro Aerospace Ltd. (ASDN) stock?

Astro Aerospace Ltd. (ASDN) no longer trades on public markets. The figures below are historical and are not a current quote.

Vol: 3|
Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Astro Aerospace Ltd. (ASDN). Astro Aerospace Ltd. focuses on developing self-piloted and autonomous electric vertical take-off and landing (eVTOL) aerial vehicles for human and cargo transportation. Sector: Industrials.

Last analyzed: Mar 17, 2026
Astro Aerospace Ltd. focuses on developing self-piloted and autonomous electric vertical take-off and landing (eVTOL) aerial vehicles for human and cargo transportation. The company operates as a subsidiary of MAAB Global Limited, aiming to provide innovative aerial transport solutions.

Analyst Coverage for ASDN: ASDN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ASDN against Industrials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the ASDN film Every key number, told as a short cinematic story — just press play. ~2 min
Council Score · Weighted Average of 3 Disciplines
Split View 42/100 · C

ASDN: the 2 scored disciplines are evenly split. Dominant signal: Jim Simons bearish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Griffin-style lens (simulated)Ken Griffin
Unfavorable read
Simons-style lens (simulated)Jim Simons
Unfavorable read
Englander-style lens (simulated)Izzy Englander
Neutral read
Klarman-style lens (simulated)Seth Klarman
Unfavorable read
Moon AI lens (model)
Neutral read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Weak
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Astro Aerospace Ltd. (ASDN) Industrial Operations Profile

CEOBruce Robert-Paul Bent
HeadquartersLewisville, US
IPO Year2009

Astro Aerospace Ltd., a subsidiary of MAAB Global Limited, develops self-piloted eVTOL aerial vehicles for transporting humans and cargo. Positioned within the aerospace and defense sector, the company aims to innovate aerial transportation, though it currently operates on the OTC market with limited financial data.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 17, 2026

What Is the Investment Thesis for ASDN?

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

Investing in Astro Aerospace Ltd. presents a high-risk, high-reward scenario. As a company focused on developing eVTOL technology, its success depends on overcoming significant technological and regulatory hurdles. Key value drivers include advancements in battery technology, autonomous flight systems, and securing necessary certifications for commercial operations. Growth catalysts involve partnerships with established aerospace companies or logistics providers. However, the company's OTC listing and limited financial disclosure raise concerns about transparency and liquidity. The absence of a P/E ratio and dividend yield underscores its early-stage nature and speculative investment profile. Investors should closely monitor technological progress, regulatory milestones, and any announcements regarding strategic partnerships or funding rounds.

Based on FMP financials and quantitative analysis

ASDN Key Highlights

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

Astro Aerospace Ltd. specializes in electric vertical take-off and landing (eVTOL) aerial vehicles.

  • The company aims to provide aerial transportation solutions for both humans and cargo.
  • Astro Aerospace Ltd. operates as a subsidiary of MAAB Global Limited.
  • The company was originally incorporated in 2007 and rebranded in 2018.
  • Headquartered in Lewisville, Texas, Astro Aerospace targets the emerging urban air mobility market.

Who Are ASDN's Competitors?

ASDN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
OPXS Optex Systems Holdings, Inc. $10.36 -1.24% $72.1M 665-pillar
CODA Coda Octopus Group, Inc. $9.82 -1.90% $111M 785-pillar
SIF SIFCO Industries, Inc. $20.91 -0.99% $131M 645-pillar
CNRD Conrad Industries, Inc. $28.50 -4.36% $143M 519-signal
HWKE Hawkeye Systems, Inc. $0.85 0.00% $227M 459-signal
BUKS Butler National Corporation $3.84 -3.90% $246M 509-signal
POWW Outdoor Holding Company $2.12 -2.30% $246M 469-signal
TATT TAT Technologies Ltd. $37.85 -2.12% $492M 655-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are ASDN's Key Strengths?

Focus on innovative eVTOL technology.

  • Potential for first-mover advantage in UAM.
  • Subsidiary of MAAB Global Limited.
  • Expertise in autonomous flight systems.

What Are ASDN's Weaknesses?

Early-stage company with limited financial resources.

  • Dependence on technological advancements.
  • Subject to stringent regulatory approvals.
  • OTC listing indicates higher risk.

What Could Drive ASDN Stock Higher?

Announcement of strategic partnerships with aerospace companies.

  • Progress in securing regulatory approvals for eVTOL operations.
  • Development and testing of prototype eVTOL vehicles.
  • Securing government contracts and funding for research and development.
  • Advancements in autonomous flight technology.

What Are the Key Risks for ASDN?

Financial-distress signal — its Altman Z-Score of -24.05 sits in the distress zone (elevated bankruptcy risk).

  • Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
  • Insider selling — insiders were net sellers of roughly $1.6M recently.
  • Technological challenges in developing safe and reliable eVTOL vehicles.
  • Regulatory hurdles and delays in obtaining certifications.
  • Intense competition from established aerospace companies.
  • Limited financial resources and dependence on external funding.
  • Economic downturn affecting demand for air travel.

What Are the Growth Opportunities for ASDN?

  • By developing and deploying eVTOL vehicles for passenger transport within cities, the company can capitalize on the demand for faster, more efficient transportation options. Success hinges on securing regulatory approvals, establishing vertiport infrastructure, and demonstrating the safety and reliability of its vehicles.
  • Cargo Transportation Services: Beyond passenger transport, Astro Aerospace can leverage its eVTOL technology for cargo transportation services. The increasing demand for rapid delivery and logistics solutions, particularly in urban areas, creates a market for autonomous aerial vehicles capable of transporting goods. This includes partnerships with e-commerce companies and logistics providers to offer same-day or next-day delivery services. The timeline for this growth opportunity depends on regulatory approvals for autonomous flight and the development of efficient cargo handling systems.
  • Development of Autonomous Flight Technology: Investing in and advancing autonomous flight technology is crucial for Astro Aerospace's long-term growth. Autonomous capabilities reduce operational costs, increase safety, and enable scalability. The company can focus on developing advanced sensor systems, artificial intelligence algorithms, and redundant control systems to achieve fully autonomous flight. This technology can be applied to both passenger and cargo transportation, enhancing the value proposition of its eVTOL vehicles.
  • Strategic Partnerships and Collaborations: Forming strategic partnerships with established aerospace companies, technology providers, and infrastructure developers can accelerate Astro Aerospace's growth. Collaborations can provide access to expertise, resources, and market channels. For example, partnering with a battery manufacturer can enhance the performance and range of its eVTOL vehicles. Collaborating with vertiport developers can ensure the availability of landing infrastructure. These partnerships can reduce development costs and time-to-market.
  • Government Contracts and Funding: Securing government contracts and funding for research and development can provide Astro Aerospace with financial resources and validation. Governments are increasingly interested in supporting the development of advanced transportation technologies, including eVTOL vehicles. By participating in government programs and competitions, the company can gain access to funding, expertise, and regulatory support. This can accelerate the development and deployment of its technology.

What Are ASDN's Competitive Advantages?

  • Proprietary eVTOL technology.
  • First-mover advantage in the emerging UAM market.
  • Strategic partnership with MAAB Global Limited.
  • Focus on autonomous flight capabilities.

What Does ASDN Do?

Astro Aerospace Ltd., originally incorporated in 2007 as CPSM, Inc., rebranded in March 2018 to focus on the development of advanced aerial vehicles. Headquartered in Lewisville, Texas, the company specializes in creating self-piloted, autonomous, and electric vertical take-off and landing (eVTOL) aircraft. These vehicles are designed to transport both humans and cargo, targeting the emerging market for urban air mobility and advanced logistics. Astro Aerospace operates as a subsidiary of MAAB Global Limited, which provides strategic and financial support. The company's focus is on pioneering aerial transportation solutions, aiming to provide efficient and sustainable alternatives to traditional transportation methods. While specific models and commercialization timelines are not detailed, Astro Aerospace's vision is centered on revolutionizing how people and goods move within urban and regional environments. The company's success is contingent on technological advancements, regulatory approvals, and market acceptance of eVTOL technology.

What Products and Services Does ASDN Offer?

  • Develop self-piloted aerial vehicles.
  • Design autonomous aerial vehicles.
  • Create manned electric vertical take-off and landing (eVTOL) aircraft.
  • Produce unmanned electric vertical take-off and landing (eVTOL) aircraft.
  • Focus on aerial transportation solutions for humans.
  • Focus on aerial transportation solutions for cargo.
  • Operate as a subsidiary of MAAB Global Limited.

How Does ASDN Make Money?

  • Develop and sell eVTOL aerial vehicles.
  • Offer aerial transportation services for passengers.
  • Provide cargo transportation solutions.
  • Generate revenue through government contracts and grants.

What Industry Does ASDN Operate In?

Astro Aerospace Ltd. operates within the rapidly evolving aerospace and defense industry, specifically targeting the urban air mobility (UAM) sector. This sector is characterized by the development of electric vertical take-off and landing (eVTOL) vehicles designed for intra-city transportation. The market is driven by increasing urbanization, traffic congestion, and the demand for faster, more efficient transportation solutions. Companies like ALAN, CXIA, ELGT, GWSN and HESV are also active in this space, each pursuing different technological approaches and market segments. The industry is subject to stringent regulatory oversight and requires significant investment in research and development. Success depends on technological innovation, securing regulatory approvals, and establishing strategic partnerships.

Who Are ASDN's Key Customers?

  • Urban commuters seeking faster transportation.
  • Logistics companies requiring rapid delivery solutions.
  • Government agencies needing aerial surveillance and transport.
  • Private individuals interested in personal air travel.
Model self-rating on this text: 69% (not a measure of the evidence) Updated: Mar 17, 2026

Research confidence

Low 12/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price 5 days old
  • No filing on record
  • No analyst coverage

MoonshotScore History

Recorded daily since 2026-08-23 · 4 snapshots

2026-08-23 44
2026-08-24 44
2026-08-25 44
2026-08-26 44

What changed?

The score has stayed at 44.

Over the same 3 days the stock moved +0.0%.

Company Profile

Astro Aerospace Ltd. operates in the Aerospace & Defense industry within the Industrials sector. It is headquartered in Lewisville, US. The company is led by CEO Bruce Robert-Paul Bent. ASDN has traded publicly since 2009.

ROE 166%

Key Financial Metrics

Return on equity for Astro Aerospace Ltd. stands at 166.4%, a gauge of how efficiently it converts shareholder capital into profit. A current ratio of 0.10 means current liabilities exceed short-term assets, a liquidity point worth watching.

F-Score 2/9

Financial Health

Astro Aerospace Ltd.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -24.05 places it in the distress zone, a signal of elevated financial risk.

Net selling

Insider Activity

The most recent 12 insider filings for Astro Aerospace Ltd. break down as 12 sales and 0 purchases. On net that is roughly 1.2M shares disposed (about $1.6M), a signal worth weighing alongside the fundamentals.

ASDN Financials

Fundamental Snapshot

Return on Equity (TTM)
+166.4%
Current Ratio
0.1

Based on FMP financials and quantitative analysis

Bull Case vs Bear Case

Bull Case

  • Focus on innovative eVTOL technology.
  • Potential for first-mover advantage in UAM.
  • Subsidiary of MAAB Global Limited.
  • Expertise in autonomous flight systems.

Bear Case

  • Early-stage company with limited financial resources.
  • Dependence on technological advancements.
  • Subject to stringent regulatory approvals.
  • OTC listing indicates higher risk.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

ASDN Latest News

Leadership: Bruce Robert-Paul Bent

CEO

Bruce Robert-Paul Bent serves as the CEO of Astro Aerospace Ltd. His background includes experience in the aerospace and technology sectors, with a focus on developing innovative transportation solutions. He has held leadership positions in various companies, driving technological advancements and strategic growth initiatives. His expertise spans engineering, business development, and corporate strategy. He is responsible for guiding Astro Aerospace's vision and execution in the emerging urban air mobility market.

Track Record: Under Bruce Robert-Paul Bent's leadership, Astro Aerospace has focused on developing its eVTOL technology and exploring strategic partnerships. He has overseen the company's efforts to secure funding and navigate the regulatory landscape. Key milestones include the development of prototype vehicles and the pursuit of certifications for commercial operations. His strategic decisions aim to position Astro Aerospace as a leader in the urban air mobility sector.

ASDN OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Astro Aerospace Ltd. may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier often have limited reporting requirements, which can result in less transparency for investors. Trading on the OTC Other tier typically involves higher risks compared to exchanges like NYSE or NASDAQ due to the lack of stringent listing requirements and regulatory oversight. This tier is often populated by shell companies, bankrupt entities, or companies with questionable operations.

  • OTC Tier: OTC Other
Liquidity: Liquidity for Astro Aerospace Ltd. shares on the OTC market is likely to be limited. This can result in wider bid-ask spreads and increased price volatility. The trading volume may be low, making it difficult to buy or sell large quantities of shares without significantly impacting the price. Investors should be prepared for potential challenges in executing trades and managing their positions.
OTC Risk Factors:
  • Limited financial disclosure and transparency.
  • Higher risk of fraud or manipulation.
  • Lower liquidity and wider bid-ask spreads.
  • Potential for delisting or trading suspension.
  • Limited regulatory oversight and investor protection.
Due Diligence Checklist:
  • Verify the company's legal status and registration.
  • Review available financial statements and disclosures.
  • Assess the company's business model and competitive landscape.
  • Evaluate the management team and their track record.
  • Understand the risks associated with OTC trading.
  • Consult with a financial advisor before investing.
  • Check for any regulatory actions or legal proceedings.
Legitimacy Signals:
  • Focus on developing innovative eVTOL technology.
  • Subsidiary of MAAB Global Limited.
  • Experienced CEO with a background in aerospace.
  • Company headquarters in Lewisville, Texas.
  • Publicly traded on the OTC market.

ASDN Industrials Stock FAQ

What happened to Astro Aerospace Ltd. (ASDN) stock?

Astro Aerospace Ltd. (ASDN) no longer trades on public markets. The figures below are historical and are not a current quote.

Can I still buy ASDN shares?

No. ASDN stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for ASDN elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before ASDN stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Astro Aerospace Ltd.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does Astro Aerospace Ltd. do?

Astro Aerospace Ltd. specializes in the development of electric vertical take-off and landing (eVTOL) aerial vehicles. The company aims to provide innovative aerial transportation solutions for both humans and cargo.

What do analysts say about ASDN stock?

Given Astro Aerospace Ltd.'s OTC listing and limited financial disclosure, formal analyst coverage is likely minimal or non-existent. Key valuation metrics such as P/E ratio are currently unavailable, reflecting the company's early-stage nature.

What are the main risks for ASDN?

The main risks for Astro Aerospace Ltd. include technological challenges in developing safe and reliable eVTOL vehicles, regulatory hurdles and delays in obtaining certifications, and intense competition from established aerospace companies.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Limited financial data available due to OTC listing.
  • Information based on available company profile and press releases.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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