NetworkNewsBreaks – CubCrafters Inc. Eyes Soaring Opportunity in Light and Ultralight Aircraft Sector
Company: CubCrafters Inc.
Category: Stock Spotlights
December 16, 2022
CubCrafters, a best-in-class backcountry aircraft producer, is leveraging the anticipated growth of the light and ultralight aircraft market. The sector is projected to grow from $7.5 billion in 2022 to $11.9 billion in 2030, driven by the increasing number of backcountry enthusiasts. “‘Light aircraft’ is classified as any aircraft with a maximum gross takeoff weight of 12,500 pounds or less and most commonly used for general aviation purposes,” a recent article explains. “The company focuses on four main product lines – the Carbon Cub FX, NXCub, XCub, and Carbon Cub EX kits. The models are built to be lightweight and powerful, with some emphasizing short takeoff and landing capabilities and others built for longer missions in unforgiving backcountry environments. Dominating this sector, the company has developed seven models that emphasize flexibility, including varied landing gear configurations such as nosewheel, tailwheel, floats, and skis… In August, the company debuted a new lightweight engine for its Carbon Cub model, improving the CC340 that made previously unheard-of short takeoff and landing performance possible for backcountry enthusiasts. The new CC363i F/P is a higher displacement fuel-injected engine with more horsepower than the CC340, according to CubCrafters.”
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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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