Energy & Engine Tech Corp Acquires STCs and Starts New Venture With RPM Mgmt LLC | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Thu, Sep 11, 2003

Energy & Engine Tech Corp Acquires STCs and Starts New Venture With RPM Mgmt LLC

Energy & Engine Technology Corporation has entered into a business venture with RPM Management, LLC (RPM) of Camano Island, Wa. to pursue aircraft re-manufacturing, liquid cooled engine aircraft upgrades, and turbocharger retrofit systems. The initial step for the venture calls for the purchase by EENT of certain Turbocharger and Aero Commander STCs and related assets for a purchase price of 900,000 shares of EENT restricted stock. RPM Management will also become a consultant to EENT for a term of one year. 
 
The acquisition allows EENT to further the second part of its business plan for its aviation subsidiary Wind Dancer Aviation Services, which is the development and marketing of turbo normalizing kits and installation of the STC-covered parts on general aviation aircraft, to a market of over 10,000 aircraft in the US alone. Historically, competitive kits have sold in the $25,000 to $42,000 range. This step out allows EENT's aviation division to support its existing customer base with a full range of general aviation upgrades and services and will generate increased business through STC parts production and installations as customer demand builds.

EENT's Wind Dancer, which commenced operation as the FBO at Stevens Field in Pagosa Springs, CO in December, 2002, is poised for significant growth due to the acquisition. Initially, the FBO will supply parts to existing aircraft customers. Wind Dancer is now able to supply to customers parts to be installed either at their local FBOs or at Wind Dancer. The next step will be to put the redesigned kits based on revisions to the STCs back into production with improvements, with the first design revision to be for the Twin Commander 500B, U and S models.

Wind Dancer also stands to benefit from the ongoing major improvements at Stevens Field, which are being spearheaded by the FAA. Phase I of the improvements, which consisted of purchasing land and completing improvements to 500 feet of runway at the far end of the Field, is finished. The Project has commenced Phase II, which consists of the balance of the rebuild of the runway to allow aircraft up to 70,000 pounds to land and take off, brings the total Project cost to approximately $16,000,000.

EENT is a Plano, Texas - based concern which, among other things, develops and markets auxiliary power generators for the long haul trucking industry. Its Wind Dancer Aviations Services business provides fueling and maintenance for general aviation aircraft through its location in Pagosa Springs, Colorado. The second phase of Wind Dancer's business is to develop and market products deriving from general aviation aircraft STCs.

FMI: www.eent.net, www.winddancer.aero

Advertisement

More News

NTSB Final Report: Rutan Long-EZ

He Attempted To Restart The Engine Three Times. On The Third Restart Attempt, He Noticed That Flames Were Coming Out From The Right Wing Near The Fuel Cap Analysis: The pilot repor>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

Classic Aero-TV: ICAS Perspectives - Advice for New Air Show Performers

From 2009 (YouTube Edition): Leading Air Show Performers Give Their Best Advice for Newcomers On December 6th through December 9th, the Paris Las Vegas Hotel hosted over 1,500 air >[...]

ANN's Daily Aero-Linx (06.28.25)

Aero Linx: NASA ASRS ASRS captures confidential reports, analyzes the resulting aviation safety data, and disseminates vital information to the aviation community. The ASRS is an i>[...]

Aero-News: Quote of the Day (06.28.25)

“For our inaugural Pylon Racing Seminar in Roswell, we were thrilled to certify 60 pilots across our six closed-course pylon race classes. Not only did this year’s PRS >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC