Adam Aircraft Raises $105M
Englewood, Colorado-based Adam Aircraft, a designer and manufacturer of carbon composite aircraft, said Tuesday that it has raised $105M in a round of financing. The financing round included a senior secured credit facility with Morgan Stanley Senior Funding. The firm said the company plans to use the new capital to accelerate production of its FAA-certified A500 piston twin, and to complete certification of its A700 VLJ. Adam Aircraft also has facilities in Pueblo, Colorado, and Ogden, Utah.
posted on Thursday, June 21, 2007 (Link to more information)
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