CubCrafters Inc. Archives - Page 2 of 3

WednesdayDec 28, 2022 12:00 pm

CubCrafters Inc. Achieves Key Milestones in 2022, Continuing Growth Since Inception

CubCrafters is a producer of best-in-class backcountry aircraft made under the light sport, experimental, and FAA-certified (Part 23 certified) aircraft categories In 2022, the company achieved several milestones, including filing and receiving qualification for a public offering under the Regulation A+ exemption, marking the first time the company has opened to outside investment in its 42-year history The company aims to raise $50 million, channeling the proceeds from the offering toward accelerating manufacturing, enhancing manufacturing capabilities, furthering innovation, and improving customer service CubCrafters also released a new, improved engine for its Experimental aircraft In addition, CubCrafters announced its flagship XCub…

TuesdayDec 27, 2022 1:23 pm

QualityStocksNewsBreaks – CubCrafters Inc. Featured in AVweb Article

CubCrafters was featured in a recent article published by AVweb, the world’s premier independent aviation news resource. The piece, written by Mark Phelps, delves into CubCrafters’ recent strategic acquisition. “Just in time for ski season, backcountry aircraft icon CubCrafters is showing its fiscal savvy by acquiring Summit Aircraft Skis. The manufacturer of Part 23-certified, light-sport and experimental aircraft bought the design and manufacturing assets, unique patents and related intellectual property of Sandpoint, Idaho-based Summit Aircraft Skis, which are ‘favored by [CubCrafters’] Carbon Cub aircraft owners and preferred by the owners of many other types of non-CubCrafters manufactured backcountry capable aircraft,’…

WednesdayDec 21, 2022 4:08 pm

QualityStocksNewsBreaks – CubCrafters Inc. Eyes Great Potential Growth with Summit Brand on Heels of Acquisition

CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, has announced its acquisition of Summit Aircraft Skis, including the company’s design and manufacturing assets, unique patents and related intellectual property, from the Sandpoint, Idaho-based Summit Aircraft Corporation. Favored by Carbon Cub owners, Summit Aircraft Skis are also preferred by the owners of many other types of non-CubCrafters manufactured backcountry capable aircraft. The unique ski design enables pilots to quickly and easily configure their aircraft to fly to many remote and primitive areas otherwise inaccessible in winter when runways are not maintained. “We are very…

FridayDec 16, 2022 2:09 pm

QualityStocksNewsBreaks – CubCrafters Inc. Eyes Soaring Opportunity in Light and Ultralight Aircraft Sector

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…

FridayDec 09, 2022 2:47 pm

QualityStocksNewsBreaks – CubCrafters Inc.’s Fleet Modernization Contract with USDA Featured in Recent Articles

CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, was featured in recent articles published by FLYING Magazine and General Aviation News. The publications discuss selection of CubCrafters flagship certified CC19 XCub by the United States Department of Agriculture (“USDA”) Wildlife Services for a new government aircraft fleet modernization contract. “The XCub will be used in place of the USDA’s fleet of 30-plus-year-old legacy Piper PA-18 Super Cubs that are currently in service. The USDA utilizes turbine-powered helicopters and single-engine airplanes in multiple operations, such as the aerial application of herbicides, fertilizer and insecticides,…

WednesdayDec 07, 2022 11:49 am

QualityStocksNewsBreaks – CubCrafters Inc. Featured in Kitplanes Article

CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, was featured in a recent article published by Kitplanes Magazine. The piece, written by Marc Cook, discusses the company’s development and design of the CubCrafters EX-2 CC363i. “Product development has many mothers. Sometimes you create a new airplane for a particular set of missions. Sometimes you take that design and tweak it based on customer feedback, advances in manufacturing capability or simply to crank up your market share and get your brand some juicy press coverage. And sometimes necessity is the driver,” reads the article.…

WednesdayDec 07, 2022 10:30 am

CubCrafters Inc. Qualifies for Reg A+ Public Offering Status, Begins Welcoming Public Investment

Aircraft design and manufacturer CubCrafters builds modern backcountry aircraft, carrying on the legacy of historic Cub-style Aircraft, offering FAA-certified, light sport, and Experimental category airplanes. Aside from new aircraft produced on the production line, the company also offers aircraft produced under the company’s builder-assist program, and kits for those prepared to build on their own CubCrafters applied for Reg A+ status in July in an effort to raise public investment toward accelerating the company’s growth and production schedule output The company’s CEO and president announced recently that the SEC has qualified CubCrafters’ application, opening the way for interested investors to…

WednesdayNov 30, 2022 11:15 am

CubCrafters Inc. Aiming to Reduce Waiting Time, Improve Customer Service and Support, Amid Excellent Investor Reserve Response for Its Proposed Regulation A+ Offering

Washington-based CubCrafters designs and manufactures Experimental, LSA (Light Sport Aircraft), and Part 23 Certified aircraft The company, which boasts a history of innovation, is an industry leader in backcountry aviation Its leadership in the market has led to high demand for its airplanes, creating an order backlog and greater need for customer service CubCrafters is looking to raise capital to improve its production and customer service through a Regulation A+ exemption from the SEC The company aims to raise $50 million and has received excellent investor interest; in just under three weeks, it had received reservations that amounted to 25%…

MondayNov 28, 2022 11:15 am

CubCrafters Inc. Sees Increased Investor Interest as it receives Reg A Qualification by the SEC; Company Production Currently Sold Out Through Late-2024

CubCrafters’ announcement about filing for Reg A qualification with the SEC was met with enthusiasm as investors pledged $5 million in reservations for 1 million planned shared in the first 48 hours following the announcement The company intends to use some of the infusion of funding to accelerate production rates as they are sold out through late-2024and anticipate taking orders for 2025 soon The backcountry aircraft market is expected to reach $11.9 billion by 2030 CubCrafters company focuses on four main product lines – the Carbon Cub FX, NXCub, XCub, and Carbon Cub EX kits, and announced a new engine…

WednesdayNov 23, 2022 11:10 am

QualityStocksNewsBreaks – CubCrafters Inc. Featured in Aero News Network and GlobalAir.com Articles

CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, was featured in recent articles published by Aero News Network and GlobalAir.com. The publications discuss qualification of CubCrafters by the Securities Exchange Commission (“SEC”) for a $50 million public stock offering under the Regulation A+ exemption. Advised by Manhattan Street Capital, this is the first outside investment for the popular backcountry aircraft manufacturer. “The already significant response from investors and their large and loyal customer base is a strong testimonial to CubCrafters’ role as an industry leader and to the quality of its product line,”…

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