{"id":24427,"date":"2022-12-26T17:09:07","date_gmt":"2022-12-26T17:09:07","guid":{"rendered":"https:\/\/saj.pachecostudios.com?p=24427"},"modified":"2022-12-26T17:16:42","modified_gmt":"2022-12-26T17:16:42","slug":"cubcrafters-acquires-summit-aircraft-skis","status":"publish","type":"post","link":"https:\/\/stateaviationjournal.com\/index.php\/national-news\/cubcrafters-acquires-summit-aircraft-skis\/%20","title":{"rendered":"CubCrafters Acquires Summit Aircraft Skis"},"content":{"rendered":"\n

Photo above – A Summit Ski equipped Carbon Cub FX-3 explores the wintertime backcountry in Washington State (Photo credit: Courtesy of CubCrafters)<\/em><\/p>\n\n\n\n

CubCrafters, a designer and manufacturer of Part 23\nCertified, Light-Sport, and Experimental backcountry aircraft, has announced the\nacquisition of Summit Aircraft Skis, including the company’s design and\nmanufacturing assets, unique patents and related intellectual property, from\nthe Summit Aircraft Corporation of Sandpoint, Idaho.<\/p>\n\n\n\n

Summit Aircraft Skis are favored by Carbon Cub aircraft\nowners and preferred by the owners of many other types of non-CubCrafters\nmanufactured backcountry capable aircraft. The unique ski design allows pilots\nto quickly and easily configure their aircraft to fly to many remote and\nprimitive areas that would otherwise be inaccessible in winter when runways are\nnot maintained.<\/p>\n\n\n\n

“We are very excited and pleased to welcome Summit’s\ncustomers and products into our family here in Yakima,” said Patrick\nHorgan, CubCrafters President and CEO. “It has been a joy for our team to\nwork together with Mike Custard, Summit’s founder, to coordinate a smooth ski\nmanufacturing transition. Adding Summit Skis to the CubCrafters product lineup\nallows us to better meet our customers\u2019 needs and adds a new profit center. We\nsee a great potential for growth with the Summit brand that we want to be a\npart of going forward.\u201d<\/p>\n\n\n\n

Horgan went on to explain that the strategic acquisition\nbrings together the talent of CubCrafters and Summit Ski to promote a robust\npatented design that significantly improves value for consumers. Manufacturing\nof skis has already begun in Yakima and going forward Summit Skis will continue\nto be available on both CubCrafters aircraft and competing aircraft from other\nmanufacturers as well.<\/p>\n\n\n\n

“Summit Skis, when combined with the outstanding\nwintertime defrost and cabin heater technology used on our FX-3 model, makes\nthat aircraft the ultimate ski airplane.” stated Brad Damm, CubCrafters\u2019 vice\npresident. \u201cThe acquisition is part of an ambitious growth and business\ndevelopment strategy that has been supported by the outstanding early success\nof our recently announced public stock offering.\u201d<\/p>\n\n\n\n

CubCrafters has recently been qualified by the Securities and Exchange Commission to make a $50 million public stock offering under Regulation A+, which allows investors at all levels to purchase stock in the company for the first time in the 42-year history of the company. Interested investors can go to www.manhattanstreetcapital.com\/cubcrafters<\/a> for more information on the investment process.<\/p>\n\n\n\n

Mike Custard, founder of Summit Aircraft Corporation,\nobserved that unlike other more traditional industry products, the innovative\nSummit Ski design utilizes a patented bolt-on attachment bracket that completely\neliminates the need to weld skis to the landing gear. The Summit ski design\nalso offers lower weight and lower profile aerodynamics than most competitors\u2019\npenetration skis.<\/p>\n\n\n\n

\u201cOur like-minded drive for high quality innovation is one of\nthe main reasons we chose CubCrafters as our successor,” stated Mike\nCustard, founder of Summit Aircraft Corporation. “CubCrafters\u2019 leadership,\nits people, and facilities are all outstanding. The tooling and construction\ntechniques are familiar to the CubCrafters\u2019 composites facility and staff.\u201d<\/p>\n\n\n\n

\u201cI will remain onboard for some time to ensure that the\ntransition is smooth and that this is a great move for both our customers and\nthe future of aircraft ski development and manufacturing,” Custard added.<\/p>\n\n\n\n

According to Bob Breeden, an Alaska backcountry flying\nexpert who uses Summit Skis on his Super Cub airplane, \u201cI\u2019ve been using\nSummits\u2019 skis for some time now and they have enabled me to adventure further\nafield and discover and land in new, fresh places. I really love these skis and\nI\u2019m very pleased to hear that they will be in CubCrafters\u2019 capable hands going\nforward. I know the team there will keep the innovation going and will ensure\nthe skis are supported in the future.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Photo above – A Summit Ski equipped Carbon Cub FX-3 explores the wintertime backcountry in Washington State (Photo credit: Courtesy of CubCrafters) CubCrafters, a designer and manufacturer of Part 23 Certified, Light-Sport, and Experimental backcountry aircraft, has announced the acquisition of Summit Aircraft Skis, including the company’s design and manufacturing assets, unique patents and related […]<\/p>\n","protected":false},"author":3,"featured_media":24431,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[116,115],"tags":[],"class_list":["post-24427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-front-page-slider","category-national-news"],"jetpack_featured_media_url":"https:\/\/stateaviationjournal.com\/wp-content\/uploads\/Summit-Skis-Aquisition-Press-Release-Photo-12-21-22-edit-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/24427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=24427"}],"version-history":[{"count":2,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/24427\/revisions"}],"predecessor-version":[{"id":24434,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/24427\/revisions\/24434"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media\/24431"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=24427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=24427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=24427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}