Tacoma, WA September 17th, 2020 – ZEVA Aero gains assets through a merger with Fab Lab LLC. ZEVA Aero was incubated at FabLab LLC where its founders met and began formulating the company and its first personal flying vehicle.
The merger gives ZEVA Aero ownership and control of important assets such as 3D printers capable of printing carbon fiber composites, CNC machines, electrical and electronics lab equipment, machine tools, computing and network resources and much more. Additionally, ZEVA Aero gains revenue from existing contract manufacturing jobs and will take over the leasehold of the facility.
“ZEVA Aero remains laser-focused on being the premier developer of personal flying vehicles. This acquisition ensures that we have the tools, equipment and facilities to continue our endeavor,” said Stephen Tibbitts, CEO.
FabLab LLC has been instrumental in providing STEAM (Science, Technology, Engineering, Art, and Mathematics) education in the South Puget Sound region to include hands-on instruction in 3D printing and design, CNC (computer numeric control) machines, laser cutters, plasma cutting, welding, 3D CAD, and Coding in Python, Arduino and Raspberry Pi microcomputers. ZEVA Aero is granting intellectual property and digital assets to FabLab Nonprofit (fablabeducation.org) so they can carry on some of these vital youth and adult education programs for the community.
About ZEVA Aero:
ZEVA Aero was conceived in 2005, and incorporated in January 2018. ZEVA Aero is an early pioneer of electric personal air vehicles capable of vertical take-off and landing. ZEVA Aero’s first vehicle is called Zero and will transform the transportation landscape for mission critical travel for first responders and emergency services. To learn more about Zeva Aero please visit our website at zevaaero.com.
About FabLab Nonprofit:
FabLab Nonprofit was formed in 2018 to provide STEAM education opportunities to underserved youth in the greater Tacoma area. FabLab Nonprofit is dedicated to expanding opportunities for experiential STEAM (Science, Technology, Engineering, Art, and Math) education and to better communities through training individuals in innovation, critical thinking, and design through hands-on and digital fabrication. They believe through experiential learning students see, hear, and touch their ideas and skills as they come to life. To learn more about FabLab Nonprofit please visit their website at: fablabeducation.org