NetworkNewsBreaks – CubCrafters Inc. CEO Eyes Bright Future for Fleet Sales Program
Company: CubCrafters Inc.
Category: Stock Spotlights
February 9, 2023
CubCrafters is the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft. “For nearly two decades, CubCrafters has supplied aircraft to various United States Federal Government agencies, including the U.S. Air Force Research Laboratory, U.S. Air Force Fight Academy, U.S. Department of Agriculture, U.S. Department of Homeland Security, and the U.S. Department of the Interior. Federal civilian agencies use CubCrafters aircraft for aerial survey missions, natural resource management, patrol, surveillance, and search and rescue missions – including the U.S. Air Force, which has tested various sensors and glider towing,” reads a recent article discussing the company’s successful track record as an aircraft supplier. “The U.S. Department of Agriculture Wildlife Service recently selected CubCrafters’ flagship FAA-certified CC19 XCub for a new aircraft-fleet-modernization contract, which will extend the company’s long-term working relationship with the government. A recent article in General Aviation News quotes the company’s CEO and President Patrick Horgan as saying that the new contract was very important for CubCrafters as a supplier for the U.S. government, but also for investors participating in the company’s ongoing public offering. ‘This sale demonstrates that our newest generation of fully certified modern utility aircraft can replace the aging fleet of legacy aircraft now in service. It shows that there is a very bright future for our fleet sales program.’”
To view the full article, visit https://nnw.fm/h1mOv
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
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