Zapata Industries, the company behind the jet-powered hoverboard known as the Flyboard Air, is about to be purchased by a defense tech company called Implant Sciences. The two parties announced the intent of sale in a statement that was released today.
Implant Sciences has spent years making machines that can detect explosives for customers like the TSA and the Department of Homeland Security. The company is publicly traded on the OTCQB exchange, and the deal is subject to the approval of its shareholders. If and when the deal goes through, Implant Sciences says it could apply to be traded on the NASDAQ exchange, a move that could also include the sale of its explosives detection business.
Robert Liscouski, Implant Sciences’...
via The Verge
