Aethlon’s relationship with Cirrus Aircraft began in 1996, when we raised the first outside round of equity capital for the company. We secured successive rounds of equity capital in subsequent years and initiated a strategic relationship with Arcapita, which purchased a controlling interest in Cirrus for $100 million.
Cirrus Aircraft is the recognized global leader in personal aviation and the maker of the best-selling SR Series piston aircraft and the Vision Jet, the world’s first single-engine Personal Jet. The company reported $632.9 million in revenue in 2021.
Founded in 1984, the company has redefined performance, comfort and safety in aviation with innovations like the Cirrus Airframe Parachute System® (CAPS®) – the first FAA-certified whole airframe parachute safety system included as standard equipment on an aircraft. To date, worldwide flight time on Cirrus aircraft has passed 11 million hours and 192 people have returned home safely to their families as a result of the inclusion of CAPS as a standard feature on all Cirrus aircraft. The company has four locations in the United States, located in Duluth, Minnesota; Grand Forks, North Dakota; Knoxville, Tennessee and McKinney, Texas. Find out more at www.cirrusaircraft.com.
Minneapolis investment banking firm: mergers & acquisitions, growth capital financing, and strategic advisory services.
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