Global InformationCub Crafters information
 | |
| Company type | Corporation |
|---|---|
| Industry | General Aviation |
| Founded | 1980 |
| Founder | Jim Richmond |
| Headquarters | Yakima, Washington |
Key people | Patrick Horgan - President and CEO |
| Products | Kit aircraft, certified aircraft |
Number of employees | 150+[1] |
| Subsidiaries | Summit Aircraft Skis |
| Website | cubcrafters |
Cub Crafters, Inc. (often styled CubCrafters) is an aircraft manufacturer based in Yakima, Washington. Founded in 1980, by Jim Richmond, to build parts and supplementary type certificate (STC) modifications for the Piper PA-18 Super Cub, its CC18-180 Top Cub was Federal Aviation Administration-certified on December 16, 2004 and remained in production in February 2017. The Top Cub is a new aircraft based on the shape and attributes of the Super Cub, but incorporating modern materials and technology.[2]
The CC18-180 Top Cub was granted a type certificate (TC) by Transport Canada on 23 July 2008[3] and achieved Australian certification in August that year.[4] In July 2015 the company announced that it had sold the TC for the CC18 to the Liaoning Cub Aircraft Corporation of China. Cub Crafters licences the TC back to continue to produce the aircraft for the non-Chinese market. The Liaoning Cub Aircraft Corporation plans to produce the design for flight training, aerial photography, mapping, agriculture and personal use.[5][6]
Cub Crafters also produces a light-sport aircraft, the CC11-100 Sport Cub, based on the original Piper J-3 Cub's appearance. The Carbon Cub replaces many aluminium parts with carbon fiber to lighten the empty weight and allow for additional payload.[7]
The company also has a service and overhaul facility for PA-18 Super Cubs and other Cub derivative designs.[2]
In June 2016 the company introduced a new type certified design, the XCub, which had been secretly developed over six years.[8][9]
In July 2022 the company announced that it intended to raise investment capital by selling preferred shares for US$5, with a minimum purchase of US$400, aimed at customers and aviation enthusiasts. The offer will be under the U.S. Securities and Exchange Commission's Regulation A, which exempts normal registration requirements imposed in a traditional initial public offering (IPO). AVweb noted it as "surely a first for a small aircraft company". In November 2022, the company earned a Securities and Exchange Commission “qualification” to make the US$50 million dollar public IPO.[10][11]
In December 2022, the company acquired Summit Aircraft Skis of Sandpoint, Idaho, a manufacturer of aircraft skis.[12]
- ^ "Yakima's CubCrafters debuts faster, sleeker single-engine plane". YAKIMA HERALD-REPUBLIC. July 4, 2016.
- ^ a b Bayerl, Robby; Martin Berkemeier; et al: World Directory of Leisure Aviation 2011-12, page 40. WDLA UK, Lancaster UK, 2011. ISSN 1368-485X
- ^ Transport Canada (November 18, 2014). "Type Certificate Data Sheet A-253". tc.gc.ca. Archived from the original on November 23, 2022. Retrieved November 23, 2022.
- ^ "Australian Type Acceptance Certificate No. A249" (PDF). Civil Aviation Safety Authority. Archived from the original (PDF) on February 11, 2017. Retrieved August 17, 2015.
- ^ "CubCrafters Sells TC To Chinese Corporation". AVweb. July 20, 2015. Archived from the original on November 23, 2022. Retrieved July 21, 2015.
- ^ "CubCrafters Announces Top Cub Deal With Chinese Firm". aero-news.net. Archived from the original on November 23, 2022. Retrieved July 27, 2015.
- ^ Hirschman, Dave (January 25, 2010). "Light Sport Brute". AOPA. Archived from the original on September 11, 2016. Retrieved January 19, 2011.
- ^ Bertorelli, Paul (June 5, 2016). "Cub Crafters Rolls Out New XCub". AVweb. Archived from the original on November 23, 2022. Retrieved June 11, 2016.
- ^ Hirschman, Dave (June 6, 2016). "Backcountry surprise". AOPA. Archived from the original on August 14, 2016. Retrieved June 11, 2016.
- ^ Editorial Staff (July 15, 2022). "CubCrafters Announces Public Stock Offering". AVweb. Archived from the original on July 28, 2022. Retrieved July 15, 2022.
- ^ Phelps, Mark (November 22, 2022). "CubCrafters Takes The Next Step To A Public Stock Offering". AVweb. Archived from the original on November 23, 2022. Retrieved November 23, 2022.
- ^ Phelps, Mark (December 22, 2022). "CubCrafters Acquires Summit Aircraft Skis". AVweb. Archived from the original on December 23, 2022. Retrieved December 23, 2022.