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CubCrafters has confirmed that it has been qualified by the Securities Exchange Commission [SEC] to make a heavy-duty $50 million public stock offering using the Regulation A+ exemption, which allows for the first outside investment ever in its history. Advised by Manhattan Street Capital, CubCrafters intends to raise up to $50 million in investment capital from its fans, customers, aviation enthusiasts, the investment community, and the general public. Archer Aviation's new home has been selected in Covington, Georgia, where a new 350,000 sq ft facility will produce up to 650 aircraft per year. The new location will abut the Covington Municipal Airport, allowing for more
Covington, Georgia New Home to eVTOL Developer
Archer Aviation's new home has been selected in Covington, Georgia, where a new 350,000 sq ft facility will produce up to 650 aircraft per year. The new location will abut the Covington Municipal Airport, allowing for more than 1,000 jobs to eter the region for production in the latter half of 2024. The eVTOL production facility will have expansion capacity of more than 550,000 square feet, sufficient for a production volume of more than 2,300 aircraft.
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Newest Inductees to Hall of Fame Hail from Homebuilts, Warbirds, Aerobatics
The most recent batch of inductees to the EAA Sport Aviation Hall of Fame were recognized at a ceremony and dinner on November 10th. The newest additions are Budd Davisson of Phoenix, Arizona into the Homebuilders HoF; Maurice Hunter “Pappy” Spinks into the International Aerobatic Club HoF; Tom Reilly of Douglas, Georgia to the Warbirds of America HoF; Forrest Lovley of Jordan, Minnesota into the Vintage Aircraft Association HoF; and Gene “Bever' Borne of Reserve, Louisiana into the Ultralights HoF. Additional recognition was granted in the form of the Henry Kimberly Leadership Award to John Mellberg of Menasha, Wisconsin for his work in local aviatio
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Airplane Impacted A Storage Facility Attached To A Two-Story Apartment Building
On October 21, 2022, about 1845 EDT, a Beech A24R, N8020R, was destroyed when it was involved in an accident near Keene, New Hampshire. The flight instructor and commercialrated pilot were fatally injured. The airplane was operated as a Title 14 Code of Federal Regulations Part 91 personal flight. According to recorded audio from the Dillant/Hopkins Airport (EEN), Keene, New Hampshire, common traffic advisory frequency (CTAF), at about 1842, an occupant of the accident airplane broadcast that the flight was taking runway 02 for departure...
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