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CubCrafters engineers have designed and patented a revolutionary new device: Electronic Lift Augmenting Slats (ELAS.) When attached to existing aircraft -- or integrated into original manufacturing -- the ELAS technology utilizes small electric ducted fans in combination with leading-edge lifting slats to change the airflow over the wing. This can result in as much as a 50% reduction of takeoff and landing distances. The technology was partially funded by two grants from NASA in recognition of the advantages ELAS technology could bring to civilian, scientific and military aircraft.
CubCrafters is introducing a new variant of its best-selling Carbon Cub aircraft. In development for international markets, the new model is called the Carbon Cub UL.
The company has invested in several new technologies to make the Carbon Cub UL even lighter and better performing than its predecessor, the Carbon Cub SS. The goal is a new airplane that features multi-fuel technology (MOGAS & AVGAS), fully meets ASTM standards, and carries 2 adult people with a full fuel load and a reasonable amount of baggage at a takeoff weight of 600 kg (1320 lbs) and under.
The Bulls Eye landing event featured Red Bull Air Race pilot and Carbon Cub owner Luke Czepiela landing a specially modified version of CubCrafters bestselling aircraft on a 27-meter wide helipad suspended 212 meters above sea level atop the 56-story hotel.
Once we acquired Summit Aircraft Skis, we wanted to ensure that our customers had uninterrupted supply of the products they wanted. After an intensive training period, our manufacturing team hit the ground running...skiing.
We recently announced that CubCrafters is planning to allow outside investment in the company for the first time in our 42-year history! CEO Patrick Horgan is interviewed on the Bell2Bell podcast about the company, CubCrafters best-in-class backcountry aircraft, and provides a preview of an exciting future as the company raises capital for its expansion to keep up with demand in the backcountry aircraft market segment.
Non-accredited investors from Florida, New Jersey, Texas and Washington can now invest in CubCrafters’ public offering.
CubCrafters, a leading designer and manufacturer of Light-Sport and Part 23 Certified aircraft, announced today that they can now accept new investment from non-accredited investors residing in the states of Florida, New Jersey, Texas and Washington.
In July of 2022, the company announced its intention to go public, and was subsequently qualified by the Securities and Exchange Commission (SEC) for a public stock offering of up to $50 million using the Regulation A+ exemption, but was unable to accept investments from non-accredited investors in several states, due to local restrictions in those states.
In order to accommodate the high level of investor interest in those states, CubCrafters has now launched a new Regulation CF campaign, offering the same preferred stock to the public, at the same initial price of $5 per share, and with the same $400 minimum investment.
“Our fans, customers, aviation enthusiasts, employees, and even the general public in the states of Florida, New Jersey, Texas, and Washington have told us that they very much want to participate in this investment opportunity,” stated Patrick Horgan, CubCrafters President and CEO. “It was always our intention for everyone to be able to participate in our offering regardless of their location, and now they can.”
CubCrafters capital raise will be used to increase manufacturing capacity to reduce order backlog, accelerate the pace of innovation to meet pilots’ demand for faster, more powerful, technically capable aircraft, to improve customer support, and to boost sales in overseas markets where the company flagship XCub aircraft has received international certifications from regional aviation authorities.
"Our fans, customers, aviation enthusiasts, employees, and even the general public in the states of Florida, New Jersey, Texas, and Washington can now participate in this investment opportunity.”
— Patrick Horgan, CubCrafters President and CEO
Click on the link to see the full press release.