- Backcountry aircraft designer and manufacturer CubCrafters is riding tailwinds from the COVID-boosted interest in exploration travel away from populated centers
- The Washington-based company has spent the last 40 years building on its love for the classic Piper PA-18 Super Cub personal airplane, developing new models ranging from experimental to LSA with varied configurations
- CubCrafters recently announced it has filed for Reg A funding status with the SEC, opening the door to potential public backing of its operational strategy as the popularity of light aircraft soars
- The announced Reg A filing attracted $5 million in reservations during the first 48 hours, one-tenth of the company’s ultimate starting goal if the Reg A offering is qualified by the SEC
- Market analysts forecast continued enthusiasm for the light aircraft market, growing at a CAGR of 5.9 percent from 2022 to 2030 for sales of $11.9 billion
From “Deliverance” to “The Revenant,” Hollywood seems to often evince the idea that the wilderness can be a brutal place, but the modern-day reality is that the backcountry wilderness can afford a peaceful escape as well as a bit of adventure that generally is much tamer than the hardships Hollywood envisions. Most people who visit the backcountry are more intent on enjoying the wilderness than getting into trouble out there (https://ibn.fm/Hs6HY), although there will always be a need for caution to avoid getting into “survival situations” (https://ibn.fm/YrUFE).
Yakima, Wash.-based aircraft manufacturer CubCrafters is making it more possible than ever for dedicated backcountry enthusiasts to pursue their passion for a peaceful pause by advancing light aircraft design…
NOTE TO INVESTORS: The latest news and updates relating to CubCrafters Inc. are available in the company’s newsroom at https://ibn.fm/CUB
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