NetworkNewsBreaks – CubCrafters Inc.’s Distinctiveness in Backcountry Aviation Increases Demand for Its Aircraft

Company: CubCrafters Inc.
Category: Stock Spotlights
CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, has been modeled around a culture of innovation. This, coupled with the dedication and output of its now more than 200 highly skilled personnel, has propelled the company to be a leader in its market segment. “This status is evidenced by several parameters, including CubCrafters’ average aircraft revenue per customer, which has grown from just over $5 million in 2001 to over $30 million in 2021, according to the company’s Regulation A+ presentation. In fact, the company reported resilient sales as well as a growing market share in 2021 despite pandemic-related supply chain issues,” a recent article reads. “As a further testament to this leadership, two CubCrafters aircraft are the recipients of only a handful of Part 23 certificates that the FAA has issued over the last two decades. Moreover, CubCrafters has been among the very few companies to obtain a new type certificate – an approval that signifies compliance with requirements on airworthiness, design of the aircraft and all component parts, noise, exhaust emission standards, and more – in backcountry aviation since 1970. CubCrafters’ distinctiveness has led to demand for its aircraft, leading to the company being fully booked until 2024.” To view the full article, visit https://nnw.fm/JH7RI About CubCrafters Inc. Founded in 1980 by Jim Richmond, CubCrafters’ roots are in the 80+ year history of classic grassroots aviation, but the company’s products and services are innovative and completely modern. CubCrafters designs and manufactures experimental, LSA, and Part 23 certified aircraft. The Carbon Cub family of aircraft redefined expectations for the backcountry flying experience with innovative design, modern materials, powerful engines, and breathtaking performance. The company’s flagship XCub aircraft is offered in both nosewheel and tailwheel configurations, and substantially expands the mission profile of sport utility aircraft with higher speed, longer range and larger payload. The key to CubCrafters’ success is its ability to create unique value in the experience of personal adventure aviation. For more information about the company, visit www.CubCrafters.com. NOTE TO INVESTORS: The latest news and updates relating to CubCrafters are available in the company’s newsroom at https://nnw.fm/CUB About NetworkNewsWire NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only) For more information please visit https://www.networknewswire.com Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer NetworkNewsWire (NNW) New York, New York www.networknewswire.com 212.418.1217 Office [email protected] NetworkNewsWire is part of the InvestorBrandNetwork

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