Press Release: Evolution Aircraft Launches New Entity

02/02/2017

EVOLUTION AIRCRAFT COMPANY LAUNCHES NEW ENTITY TO FOCUS ON NEXT GENERATION OF AIRCRAFT
As a result of the recent sale of all out-of-production aircraft rights along with Lancair brand, the new Evolution Aircraft Company has been launched.

Redmond, OR: Effective February 6, 2017 Evolution Aircraft Company, known exclusively for designing and manufacturing the best performing kit aircraft on the market, completed the sale of all non-Evolution Lancair International Inc. assets to a group in Uvalde, Texas. The new company has purchased the name “Lancair” as well as all the rights to sales and support of everything prior to – but not including – the Evolution Turbine and Evolution Piston line of aircraft.

The newly developed company Evolution Aircraft Company will continue to operate out of the Redmond Oregon facility where it will focus on the development of the Evolution four place pressurized line of aircraft.

Of the recent acquisition, Kevin Eldredge, the President of the newly formed Evolution Aircraft Company and chief architect of this acquisition explains, “now that a smooth transition is complete and all Lancair assets have safely moved to Texas, my team at the newly formed Evolution Aircraft Company (EAC) will focus our efforts on the development of the Evolution line of designs from our Redmond, Oregon headquarters. Multiple engine offerings, updated systems management and an optional piloted UAV platform are all projects that are well under way.”

About Evolution

Evolution Aircraft Company is a high-performance personal aircraft composite kit manufacturing company. Together the Turbine and Piston versions of the Evolution four place pressurized aircraft, have logged over 25,000 fleet hours and are the very first “digital kit” aircraft designed to be assembled by an owner-builder with a minimum number of man-hours (1500 hours or less). Current production is now up to sixteen aircraft per year. The 85th Evolution was delivered last week and the team is proud to announce that after ten years, the Evolution still outperforms every other experimental or certified aircraft 4 place aircraft built.

To learn more please visit www.EvolutionAircraft.com or call 541.923.2233
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