Cub Crafters (typically styled CubCrafters), the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, was featured in a recent article published by the APOA Foundation. The piece highlights CubCrafters’ unveiling of its Carbon Cub EX–2 engine upgrade, as well as its plan to raise millions to speed up production and aircraft development. The article reads, “CubCrafters Vice President of Sales and Marketing Brad Damm said customers asked for a fuel-injected variant with a fixed-pitch propeller: ‘So, this is a new engine for us. Based on the previous IO-360 engine that we had. We’ve lightened it up a bunch and we’ve set it up for a fixed-pitch propeller instead of a constant-speed propeller.’ … Although there were several noticeable differences—a shorter takeoff roll, steeper climb rate and faster cruise speed—the aircraft retained the smooth, refined feel and responsiveness that Carbon Cubs are known for… ‘I think demand is going to be huge for it,’ said Damm. ‘Customers have been asking for it for a long time. We’ve had it out here all week. Lots of people have looked at it. Lots of people have been excited about it…We just can’t build airplanes quite as fast as people want to buy them.’ In addition to announcing a new Lycoming retrofit, CubCrafters also announced that as of July 25, investors can enter into a nonbinding reservation to buy shares of CubCrafters. For the first time in the company’s 40-year history, public investment will be allowed under Securities and Exchange Commission (‘SEC’) Regulation A. CubCrafters is expected to file with the SEC for qualification within weeks.”
To view the full press release, visit https://ibn.fm/tGHpa
About Cub Crafters 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 Cub Crafters are available in the company’s newsroom at https://ibn.fm/CUB
NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED. NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL AN OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION.
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