Cub Crafters Inc. Is ‘One to Watch’ – InvestorBrandNetwork (IBN) Content Platform

CubCrafters owns 15 undeveloped acres at McAllister Field for potential expansion of operations
The company recently opened a new 11,000-square-foot Customer Completion Center
Cost and timeline of FAA Certification represents a significant barrier to entry
The company introduced its CC19-180 XCub aircraft in June 2016, completing the six-year project without using any outside investment
The company recently released new variants of the XCub offering floats and more engine horsepower
New nosewheel configurations open up the company’s product line to 85% of all pilots
Only 10-12% of CubCrafter’s sales are international, though it represents 50% of the market demand – an untapped opportunity for growth
Financing will dramatically reduce order backlog resulting in a strong revenue rise and accelerating future growth
The Builder Assist program, unique to CubCrafters, is a large and growing sales segment
The company’s legacy of innovation distinguishes it from its peer group
The global ultralight and light aircraft market was valued at $7.63 billion in 2021 and is expected to grow at a CAGR of 4.5% from 2022 to 2027 to reach a forecast value of $9.93 billion

Cub Crafters (typically styled CubCrafters) is an OEM aircraft manufacturer based at McAllister Field Airport in Yakima, Washington. The company was founded in 1980 to build parts and supplementary type certificate (“STC”) improvement modifications, which were used to establish it as the preeminent center for rebuilding the classic Piper PA-18 Super Cub light aircraft. CubCrafters went on to advance the market with its own, newly manufactured aircraft models and holds an approved Federal Aviation Administration (“FAA”) Production Certificate. Yakima-based operations include an engineering design-test-certification center, aircraft parts and assembly production facilities, and an MRO maintenance service and overhaul facility.

The first newly manufactured aircraft by the company, the CC18-180 Top Cub, was Federal Aviation Administration (“FAA”) type certified in December 2004. The Top Cub was also granted type certificates (“TC”) by Transport Canada in July 2008, followed by Australian certification in August of that…