Kestrel Aircraft is stumbling along on the road to developing its 320+ kt. single-engine, carbon-fiber JP10 turboprop, as the company’s president and CEO Alan Klapmeier looks for sponsors willing to invest the tens of millions needed to bring the aircraft to market. Absent Chinese or Russian investors with deep pockets, he’s finding it very tough to woo white knight venture capitalists to back his program. How tough is this task? “It’s awful. We’re looking at all kinds of investment ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Kestrel Finds Financing Elusive".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.