Aug 24, 2022
Backcountry flying is the biggest growth sector in light aviation, and Cub Crafters (typically styled CubCrafters), an OEM designer and manufacturer of backcountry aircraft, is positioning itself to tap into and accommodate this growth through a Regulation A public offering priced at $5 per share. With the capital infusion from the resulting investments, CubCrafters is looking to increase production, reduce manufacturing time (the company’s order backlog currently exceeds two years), foster innovation, and expand its reach in a rapidly growing industry.
Also referred to as off-airport, bush, or outback flying, backcountry flying was once a niche segment and has only recently become a movement. It has a long standing legacy, as an article in the Plane&Pilot Magazine writes (https://ibn.fm/DgjGY), “It has been around since shortly after the…
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
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