Cub Crafters Inc. Is ‘One to Watch’

• 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…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to Cub Crafters Inc. are available in the company’s newsroom at https://ibn.fm/CUB

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.