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The AirScooter Corporation (Pink ASCO): is dedicated to innovating new flight concepts for the recreational and hobby markets. The Company was founded in early 2000 by Elwood (Woody) Norris and Jim Barnes. In May 1999 they financed the investigation of various coaxial rotor designs and financed studies combining the best techniques learned over the years with new innovations and improve- ments targeted at a unique category of flying craft, the AirScooter™. After approving an original design, AirScooter Corporation was formed and funded to build, test, manufacture and distribute a new generation of flying craft. Today AirScooter is applying coaxial counter-rotating dual rotor systems and space-age material technology to three novel product concepts, the AirScooter recreational flying vehicle, the AirScout Unmanned Aerial Vehicle and AirScoot RC Hobby Model. Websites: http://www.airscooter.com/ - http://www.aerotwinmotors.com - http://www.airscout.com - http://www.airscoot.com PinkSheets Real Time Quotes & Level-II Montage: http://www.pinksheets.com/quote/quote.jsp?symbol=ASCO Photos: http://www.firestocks.com/images/stories/asco/asco1.jpg & http://www.firestocks.com/images/stories/asco/asco3.jpg
And, owning 100 shares of AirScooter would cost you less that $200.00..!!! That's cheaper than most 'dates', and you have a 'Cert' when all is said and done..!!!
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(Company eMail): AirScooter Corporation Media Sightings
Please contact us with any questions at the email address below.
092005-01 - Media Sightings
Media Sighting #1 AirScooter Corporation is the Feature Profile on a new web site www.firestocks.com. This free site provides unique opportunities to its members and broader exposure for new developing companies. Click on the image at left to visit firestocks.com. http://www.firestocks.com/
January 21, 2005 The AirScooter II is an ultralight helicopter designed for easy control and manoeuvrability that looks set to take personal recreational airborne vehicles to new heights. Designed by AirScooter Corporation, the AirScooter II is a vehicle that has looked to aviation's past to help develop its future. In building and designing the AirScooter II, inventor and AirScooter Corporation cofounder Woody Norris and his team have successfully adapted a technology that has had a long line of difficulties in getting off the ground. We all recognise the modern helicopter, with its main rotor and tail rotor, but in terms of rotorcraft, the coaxial type had seemed likely to be limited to high-tech military and large transport helicopters. but things are progressing well and the future looks incredibly bright for the innovative and intelligent design of AirScooter II, an ultra-lightweight coaxial rotorcraft helicopter.
In October 2000 NASA successfully flew its prototype personal flight unit, or 'airscooter' as it was known, and Millenium Jet Inc., is another company currently in the development phase of the SoloTrek XFV - albeit from a totally different perspective. This shows that although the field of lightweight rotorcraft is still in its initial stages, AirScooter Corporation and the company's AirScooter II are breaking new ground.
AirScooter II is an ultralight helicopter with extraordinary control and manoeuvrability that looks set to take personal recreational airborne vehicles to new heights. Designed by AirScooter Corporation, the AirScooter II is a vehicle that has looked to aviation's past to help develop its future.
In building and designing the AirScooter II, inventor and AirScooter Corporation cofounder Woody Norris and his team have successfully adapted a technology that has had a long line of difficulties in getting of the ground. Difficulties that were experienced by the original inventor of the coaxial-design rotorcraft, the Russian-born aviation pioneer Igor Sikorsky.
The coaxial design means having two blades mounted on the same axis rotating in opposite directions to each other. The benefits of counter-rotating propellers and rotors are that they can produce up to 30% more force or thrust than the regular ones, driven by the same engine. However, the main problem concerning effective coaxial rotorcraft has been weight. According to a spokesperson for AirScooter Corporation, "the AirScooter has overcome this obstacle by using superior design elements and space-age composite materials".
Part of this design includes a specially-designed 65 hp AeroTwin 4 stroke engine, designed by motorcycle engine specialists at Pearson Motor Company based in New Zealand. "The innovative AeroTwin engine is the result of a 'gap' in the ultralight engine market," the company claims in response to the absence of an existing light engine required to produce the 50-75 hp required to power the AirScooter II.
One of the main selling points of the AirScooter II is that it is classed as a "Part 103 ultralight", meeting the requirements for an ultralight vehicle according to US Federal Aviation Regulation (FAR) Part 103. This means that an FAA pilot's certificate is not required to pilot the AirScooter II.
Also, being an extremely light aircraft (as compared to non-recreational helicopters) is also a definite benefit to the craft's manoeuvrability and stability while hovering and during flight. According to AirScooter Corporation, "with practice a recreational pilot can quickly become confident with the controls and perform basic flight manoeuvres."
The simplicity of the control of the AirScooter II is largely due to the intuitive design of the control systems. Strangely, its handle bar design of the control systems makes it look more like riding a motorcycle than flying a helicopter, without the use of foot pedals.
Altitude is controlled by the throttle system not unlike a motorcycle, and the entire handlebar assembly is moved like a joystick for directional control in every direction, even reverse.
So how much will it all cost?
The price is still under consideration, but is expected to be under US$50,000. It will also come completely assembled apart from the rotor blades which need to be installed. AirScooter Corporation foresees a wide range of applications for such craft, from military surveillance to police agency and border patrol surveillance applications.
For further information visit the AirScooter website.....
AirScooter Corporation is engaged in the development and commercialization of advanced aeronautical products for the recreational, military, commercial and hobby markets. Since its organization in February 2000 the Company’s efforts have focused on three proprietary flight vehicles and a new patended two-cylinder four-stroke aircraft motor. The Company has applied coaxial counter-rotating dual rotor systems to the AirScooter™ recreational personal air vehicle, the AirScout™ Unmanned Aerial Vehicle (UAVs) and an AirScoot® Hobby Helicopter. The Company’s wholly-owned subsidiary, AeroTwin Motors Corporation, is engaged in the manufacture and distribution of the AeroTwin™ 65 HP lightweight aviation engine. The Company’s primary SIC Code is 3721 and its secondary SIC Code is 3724.
Stock & Company Information * Real Time Level II Quote * Current 15c2-11 Information Statement * Form 211 filed with NASD, trading begain on the Pink Sheets approx. June 1, 2005 * As of May 31, 2005 a total of 10,343,888 shares of Common Stock outstanding held of record by 45 shareholders * As of May 31, 2005 there were 3,261,083 shares freely tradable. * Audited Balance Sheet * Recent Funding at $1 per share Restricted Stock closed in February of 2005
Red Hot Highlights * AirScooter principals and a small group of investors have invested over $6 million to create innovations in flight, the AirScooter Personal Air Vehicle (PAV), the AirScout Unmanned Aerial Vehicle (UAV) and the AeroTwin lightweight four stroke power system for small aircraft. * Patent-pending AirScooter PAV control system is designed for flyers with modest training. Flight controls as simple as a motorcycle or sport watercraft. AirScooter to be available in 2006. * Media and Consumers are intrigued about man's quest for personal flight. CBS 60 Minutes, Popular Science, Tech TV and other media impression are expected to continue. * AeroTwin engine innovation is targeting to take back the American small aircraft engine market from Europeans. * AirScout UAV exceeded expectations in paid government demonstration. Government and commercial markets targeted for initial deliveries in late 2005. * Strong intellectual property portfolio. * Large markets. Five thousand engines per year creates a $50 million business, one thousand AirScooters creates an additional $50 million in business. * Just as Honda created a worldwide market in 1970 with the ATV, AirScooter is creating the PAV market. * Strong future product pipeline. Special forces military air vehicles, two-seat AirScooter, larger AirScout UAVs and others.
Recent News * CBS' “60 Minutes” - Flying Cars Ready to Take Off * April 18, 2005 - Founder and Director, Elwood G. Norris, Wins $500,000 Lemelson-MIT Prize for Inventions * June 1, 2005 - AirScooter Corporation Begins Trading Under Ticker Symbol “ASCO” * August 31, 2005 - AirScooter Corporation Announces First AeroTwin Engine Patent - To Begin Deliveries to OEM Customers
More Information The Company’s products have been the focus of media attention. The AirScooter recreational flying vehicle was the feature subject of the August 2002 issue of Popular Science and included in an April and July 2005 Sunday segment on CBS’ “60 Minutes” entitled “Flying Cars Ready to Take Off” . The craft has been profiled in a number of other print media including Southwest Airlines flight magazine, the Robb Report, Gentlemen’s Domain, Maxim and others. The AeroTwin engine was featured in a short article in Ultralight Flying’s February 2004 Industry Watch. The AirScoot Hobby product was featured on the cover of the September 2003 issue of Flying Models.
The Company employs aeronautical consulting firms and experienced individuals to perform certain engineering and prototyping tasks. Flight concept development has primarily occurred in the Newport News, Virginia area. Power systems including engines, transmissions and reduction gearing have been developed in New Zealand and Texas. The Company has two full-time employees, one officer provides part-time services as part of our office services (see Item 10 in the 15c2-11 statement), and two directors provide part-time services and receive no current compensation (see “Management Royalties” in Item 11 in the 15c2-11 statement). The Company engages three full-time equivalent individuals with specialized aeronautical or engine expertise.
The Company has filed three patents on its flight designs, two have issued, and the AeroTwin engine is the subject of one U.S. patent and pending applications, exclusively licensed by AeroTwin. The costs and effects of environmental compliance has not been significant.
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I just wonder what the engine out capabilities are with the Airscooter. I see a few problems with the safety aspects as well:
1. Rotor blade hazards to other people etc. 2. Rotor blade hazard to pilot 3. Engine out (autorotation) ??
Looks like a nice machine but it is fairly complicated . The blade tips are moving at approx 800 mph and when they bump into something, a building, another vehicle it will create shrapnel. Also, with a simple tip over or blade strike there is no protection for the pilot or passenger from the rotor blade.
Just my thoughts..
Posts: 43 | From: Florida | Registered: Sep 2005
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Norris, who has developed high-end stereo speakers and an alarm that signals when a hip replacement might be in trouble, is one of the founders of AirScooter, a Henderson, Nev.-based company specializing in small, light-flying vehicles. Some of its other planned products include an unmanned helicopter-like flying vehicle and a diminutive "ready to fly" model that can be assembled in 15 minutes, the company says.
The AirScooter II, though, is designed for people. It weighs around 300 pounds and doesn't require a pilot's license, according to the company's Web site. The company is seeking regulatory approval but has said it expects to release the product this year.
The AirScooter II has two rotors that function in a similar fashion to helicopter rotors, but the vehicle is easier to fly, advocates say. It sports motorcycle-style handlebars that contain flight controls, but there are no pedals--so people without the use of their legs should be able to operate it, according to the Web site. The company also offers a movie of the device in flight (click here to download the video).
Pricing has not been set, but the company expects it will sell for less than $50,000.
On his Web site, Norris compares the device's design to the first modern helicopter, created by Igor Sikorsky.
"The original Sikorsky rotorcraft helicopter concept was based on a coaxial design much like the AirScooter," Norris wrote on the company's Web site. "What we've done is package the coaxial design in a modern lightweight craft that allows for intuitive control and incredible maneuverability."
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SPECIAL NOTICE: You really need to be collecting some ASCO in your spare time. http://www.airscooter.com/ ..ASCO will start their IR-PR-Marketing and Nationwide Demo campaigns in Oct. In addition to selling a boatload of civilian and Government-Military AirScooters and AirScouts, their new AeroTwin acrobatic, 4-cycle engine is going to kick Rotax's arse right up between their shoulder blades. All the ultralight aircraft OEMs are already whizzed at Rotax's poor business support, and owners of Rotax-powered ultralights have a hard time getting parts for their under-powered and noisy engines..!!! "...GOoooooooooo AirScooter.."[/i]!!!
Rotax, (..the pseudoCompetition..), has crappy OEM support and customer service. And, their 2-cycle engines are noisy and vibration prone (..like a racing go-kart..) - neither situation is good for aviation. The new AirScooter AeroTwin engines will also be terrific for jet boats, large ATVs like the John Deere Gator, engine generators, etc.
I recently had contact with the Discovery Channel execs regarding doing a full segment presentation on the AirScooter on both The Discovery Channel and The Military Channel. Their Canadian unit already has some film "..in the can.." for a quick 'blurb' they did on the AirScooter before.
ps: Per Howard Hughes (..and me..), it is your patriotic duty to support American Aviation..!!! For about the price of a Corvette, you could have an AirScooter of your very own.....
* AirScooter principals and a small group of investors have invested over $6 million to create innovations in flight, the AirScooter Personal Air Vehicle (PAV), the AirScout Unmanned Aerial Vehicle (UAV) and the AeroTwin lightweight four stroke power system for small aircraft. * Patent-pending AirScooter PAV control system is designed for flyers with modest training. Flight controls as simple as a motorcycle or sport watercraft. AirScooter to be available in 2006. * Media and Consumers are intrigued about man's quest for personal flight. CBS 60 Minutes, Popular Science, Tech TV and other media impression are expected to continue.
* AeroTwin engine innovation is targeting to take back the American small aircraft engine market from Europeans. * AirScout UAV exceeded expectations in paid government demonstration. Government and commercial markets targeted for initial deliveries in late 2005. * Strong intellectual property portfolio. * Large markets. Five thousand engines per year creates a $50 million business, one thousand AirScooters creates an additional $50 million in business. * Just as Honda created a worldwide market in 1970 with the ATV, AirScooter is creating the PAV market. * Strong future product pipeline. Special forces military air vehicles, two-seat AirScooter, larger AirScout UAVs and others.
These remotely piloted ultralight helicopters could also be equipped with guns, rockets, or smart bombs for Unmanned Combat Aerial Vehicle (UCAV) service.
The dual, counter-rotating rotor system creates stability and eliminates the need for a tail rotor, making them easy to fly and control in changing wind conditions.
Additionally, scientists, researchers and explorers could use the AirScout UAVs to track and record elephant herds in Africa, monkeys in the Amazon, penguins in Antarctica, elk herds in Alaska, or whales off the coast of Hawaii. All the while these operators could sit comfortably in their air-conditioned Hummer H2s watching a laptop screen and using a joystick controller to fly the AirScout.
IMHO: Owning 100+ shares of this American-owned, American-employing, American aviation development company is your Official Wright Brothers Supporter patriotic duty..!!!
The Segway HT is out… it’s all about the AirScooter II. The people over at AirScooter Corp. originally designed the AirScooter for Government and Military uses… for things like Search and Rescue and Surveillance. But they are willing to sell you one if you shell out a mere $47,000. The price isn’t that bad if you think about what kind of car $50k gets you these days.
The AirScooter features an AeroTwin Four-stroke 65 HP Aerobatic Engine with Quiet Belt Drive Reduction, which means it can get you up in the air reliably and hover for about 2 hours on only 5 gallons of fuel. Oh, and they are working on an 100-150HP motor… think of that one as the Ferrari of AirScooters.
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News: AIRSCOOTER CORPORATION REPORTS PROGRESS ON ITS ELECTRIC E70 AND GAS POWERED G70 UNMANNED AIR VEHICLES
(LAS VEGAS, NV, October 4, 2005) – AirScooter Corporation (OTC: ASCO), an innovator of new air vehicle concepts, announced that it has completed an electric powered AirScooter UAV prototype for flight testing. The electric E70 is based on the company’s high-performance gasoline engine G70 platform. After the G70 prototype met rigorous flight requirements, five new AirScooter G70s have been assembled using a more powerful engine to increase payload and are being prepped for flight testing and sale.
AirScooter UAVs are in the tactical VTOL (Vertical Takeoff and Landing) class, positioned smartly between the high-end hobby category and the limited selection of expensive military/commercial UAVs available today. Easily transportable, these robust craft are ideally suited for aerial photography, surveillance, research and a range of possible homeland security applications.
AirScooter unmanned aerial vehicles feature a rugged patented coaxial flight platform providing outstanding hovering ability, stable flight, precision response and control all in an economical package. Both the G70 and E70 employ a 70-inch coaxial rotor and control system, minimizing the complexity of coaxial systems of the past, but scalable to future craft, smaller or larger in size.
The G70 is powered by a modern 7.5 hp twin engine, weighs about 32 pounds, with a payload of 10 pounds plus and flight duration of about 45 minutes. The E70 employs a battery powered high-end (1500 watts continuous – 3500 watts maximum) cobalt motor, weighs approximately 30 pounds with batteries, has an estimated payload of 5 pounds or more and flight duration of about 8-15 minutes. With no commercial speed controller available to meet the demanding power requirements of the E70, the company sponsored production of a proprietary custom speed controller resulting in one of the largest electric powered VTOL air vehicles to be commercially available. More complete specifications, subject to change as more flight and performance data is obtained, are on our web site at www.airscooter.net.
“Gene Rock, chief UAV engineer, designed AirScooter UAVs to be easily remotely guided or automated by any number of third party computerized flight systems,” said Dwaine Barnes, president of AirScooter Corporation. “We employ computerized engineering in our air vehicle designs allowing more rapid transition from prototype to automated production techniques and making it easier to accommodate a customer’s particular requirements.”
Barnes added, “We are excited about the early product response and look forward to showing more customers the capabilities and advantages of our coaxial control system. We are seeing interest from commercial and government sectors of the market, domestically and overseas. Whether the requirement is for quiet electric performance or long duration gasoline powered flight, we provide a compelling solution for customers dissatisfied with the limitations of high-end hobby craft but unable to justify the high costs of commercial/military UAVs often costing $100,000 to $500,000 or more.”
About AirScooter Corporation: AirScooter Corporation is engaged in the development and commercialization of advanced manned and unmanned air vehicles and power systems for the recreational, commercial and government markets. The Company has applied coaxial counter-rotating dual rotor systems to the AirScooter personal air vehicle (PAV) and the AirScout Unmanned Aerial Vehicle (UAV). The Company’s wholly owned subsidiary, AeroTwin Motors Corporation, is engaged in the manufacture and distribution of the AeroTwin 65 HP lightweight sport aircraft engine. For more information on the company, its technologies and products please visit www.airscooter.com. For information on the AeroTwin engine visit www.aerotwinmotors.com.
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ASCO related News..: NZ engine for 'airscooter' flies offshore 07.09.05 1.00pm - By Simon Louisson
The development of an engine to power a back-to-the-future mini helicopter has been a triumph for kiwi ingenuity but an embarrassment for kiwi implementation.
United States company AirScooter Corp last week announced its unit AeroTwin had issued its first US patent for the lightweight engine, which was designed in Christchurch.
Instead of being manufactured in Christchurch as AirScooter wanted, the two-cylinder, 65-horsepower, four-stroke engine is being made in Fort Worth, Texas, under licence.
<u><b>With three, four and six-cylinder versions also to be built in Texas</b></u>, a multi-million dollar business with dozens of high skilled jobs will be lost to New Zealand.
In fact, AirScooter is so excited by the engine that it sees its future more with the engine than its futuristic helicopters that already fly and recently featured on CBS's 60 Minutes television programme.
The story of the engine began in the 1990s when Christchurch company Pegasus Aviation developed a twin-cylinder, four-stroke motor that it billed as the first locally built aircraft engine since aviation pioneer Richard Pearse took to the sky nearly a century earlier.
After four years of development, and an investment of nearly $1 million, Pegasus was set to produce 500 engines a year. It made sales to Australia and the United States, including AirScooter. But it all ended in tears. Pegasus' developers had problems keeping down the costs of lightweight materials used in the engine and some parts were inadequate. The engines and the company fell apart.
However, AirScooter was so desperate for a suitable engine, it persisted with some of those involved in Pegasus, including engineer Bill White, who came to the project late to try and rectify problems, and director Stuart Pearson.
AirScooter president Dwaine Barnes told NZPA that AirScooter wanted an alternative to the noisy, smelly, high revving two-stroke engines it was using. It didn't want to design and build an engine and searched the world with little success before lighting on the Pegasus engine.
Asked why AirScooter persisted after Pegasus's collapse, Mr Barnes said: "The bottom line was that Bill White and his connections had motor cycle engine experience and that's why we stayed."
AirScooter worked through Mr Pearson's Pearson Motor Corp (PMC), which was essentially established to manage Mr White's engineering company W L White.
A unique aspect of AirScooter's chopper is that the pilot does not require a licence. Under US flying rules pilots of aircraft under 116kg don't need one.
AirScooter requested PMC to develop an engine lighter than 36kg. As well, the engine had to run vertically, have a dry sump, be four-stroke and deliver 65 horsepower at 4600rpm.
"The greatest challenge was the weight," Mr Pearson said. The engine has yet to meet the weight requirement for the AirScooter.
"We moved ahead rather than conjure on the weight issue because AirScooter are looking also at using this engine for microlight aircraft and there are much greater sales for aircraft than there are for helicopters."
The weight issue could be solved by using lighter materials such as magnesium for aluminium.
Mr Pearson said New Zealanders developed the engine because "we had the guts to do it".
"American companies don't seem to want to venture into that sort of thing. They would have to hire a dozen experts, each to do a different task. They have a different mindset.
"We just get stuck in and do everything ourselves where there they seem to do everything by committee.
"In the States you have an expert in each field and they all have to get together, but nothing ever gets done, and it costs a hell of a lot of money. In the States this would have cost $10 million, whereas we do it for less than one."
However, it seems New Zealanders, in this case, needed some US skills in corporate management.
Pegasus was riven with internal squabbling and, depending on who you speak to, PMC and AirScooter parted ways two years ago even though AirScooter still owns 30 per cent of PMC.
Mr Pearson blamed lack of access to finance, the bursting of the high tech bubble and the rise of the New Zealand dollar for the engine not being developed here.
When the economic situation changed, AirScooter retrenched.
It stalled on development funding "which left me high and dry". Mr Pearson was forced to sell down his rights to the engine.
"I was not able to find any finance to set up a manufacturing company because at that stage I hadn't proven a product.
"No one is interested because it was a one-man band and no believes it's possible to do and everyone thought it was ridiculous that we try and develop an engine in New Zealand."
Venture capital funds were even less enthusiastic than banks.
"The only way to continue was look at investment from the States and licence manufacturing there."
But Mr White, who Mr Barnes said was the brains behind the AeroTwin engine, disputes the claim over lack of finance. He said Economic Development Minister Jim Anderton and his ministry were very willing to help along with others.
"The Americans were very happy to have the motor made here and they would have funded the manufacture here.
"The reality was the Pearson Motor Company didn't want to take on the responsibility of manufacturing the motors here.
"It's not fair to say New Zealand wasn't ready to support the endeavour. It would be unfortunate to blame the local infrastructure," Mr White said.
"Jim Anderton and his associates would have supported it and the Canterbury Chambers of Commerce and Tech New Zealand."
Mr White, who worked on Rolls Royce and Bentley motors and had New Zealand's military vehicles used in Bosnia built to his specifications, said there was a suitable foundry willing to contribute funding and skilled workers were available.
"The Americans were never intending to be engine builders but said 'okay, if you won't do it, we will'."
However, Mr Pearson said it was lack of a backer, not lack of will that was the problem.
"It was a pipedream to make it here."
In the end AirScooter picked up the dropped ball and ran with it. Mr White was seconded to Fort Worth to set up a testing and manufacturing facility. For his troubles he was gifted "several hundred thousand" shares in the "pink sheet" listed AirScooter.
Although the US military, and law enforcement agencies have shown interest in the AirScooter, Mr Barnes' focus has shifted to the AeroTwin engine. Around 2500 ultralights (microlights) sell every year in the US and he has had plenty of interest in the engine from France, Germany, Australia and South America.
The AirScooter will sell for around US$50,000 ($71,350) and the AeroTwin engine will cost around US$6500.
"We could become an engine manufacturing company first and foremost because of the numbers and interest level we've gotten in this engine," he said.
Deliveries of the first AeroTwin motors are expected to be made to selected customers next month.
CNN Segment: a short segment on AirScooter will run on CNN this weekend sometime during the following news hour times: Saturday, November 19th 11:00AM – Noon (EST) 5:00PM – 6:00PM (EST) Sunday, November 20th 4:00PM – 5:00PM (EST) 7:00PM – 8:00PM (EST)
Thank you for your continued interest in AirScooter products.
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AirScooter Corporation Assembling AeroTwin Engines at New Facility; First Engines For OEM Customers and AirScooters
LAS VEGAS, Dec 19, 2005 (BUSINESS WIRE) -- AirScooter Corporation (OTC:ASCO), an innovator of new air vehicle concepts, announced that its wholly-owned subsidiary, AeroTwin Motors Corporation, is assembling engines for delivery to select OEM customers and installation on two AirScooter personal air vehicles. Major engine parts are being produced at a modern 85,000 square foot contract facility in Fort Worth, Texas. AeroTwin has been assigned approximately 4,000 feet for engine assembly, testing and storage.
"Based on satisfactory engine test performance and a quality review of major parts, we are preparing engines for delivery to OEMs," said Dwaine Barnes, president. "While we experienced some delay during the move of our assembly and testing operations to the new site, we are pleased with the new space, modern equipment and commitment to producing reliable engines made by our contract manufacturer. We are assembling 30 engines from produced parts and are preparing for higher quantity production in 2006."
AeroTwin has two models of its patented two-cylinder 972cc four-stroke aircraft engine. The AT972T is a turbo-charged engine producing 65 hp at 4500 rpm and the AT972 is a standard engine producing about 55 hp at 5000 rpm. Both models illustrate exceptional flat torque at 3000 to 5000 rpm, a key competitive feature for OEMs of prop and rotor sport aircraft. AeroTwin has also developed reduction gear boxes and cooling shrouds flexible to meet a variety of sport aircraft requirements.
"We started a new fiscal year on October 1, 2005," added Barnes. "We are generating fiscal 2006 first quarter revenues from a government subcontract for a defense contractor. AeroTwin and G-70 UAV products should contribute revenues in the second quarter. We are currently installing AeroTwin engines on both our Red and Yellow prototype AirScooter for testing in preparation for future production."
About AirScooter Corporation
AirScooter Corporation is engaged in the development and commercialization of advanced manned and unmanned air vehicles and power systems for the recreational, commercial and government markets. The Company has applied coaxial counter-rotating dual rotor systems to the AirScooter(TM) personal air vehicle (PAV) and AirScooter Unmanned Aerial Vehicles (UAVs). The Company's wholly owned subsidiary, AeroTwin Motors Corporation, is engaged in the manufacture and distribution of the AeroTwin(TM) 65 HP lightweight sport aircraft engine. For more information on the company, its technologies and products please visit www.airscooter.com. For information on the AeroTwin engine visit http://www.aerotwinmotors.com.
SOURCE: AirScooter Corporation CONTACT: AirScooter Corporation Jim Barnes, 702-566-4602 investor*airscooter.biz
posted
I got a post-Christmas call-back from one of the ASCO crew. There are about a dozen fully-completed and operational AeroTwin engines as of Monday. They are building up more in both Houston and Australia. Several of those are for AirScooters that they want to have flying time on very soon, per the plan to do the USA demo-tours.
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First AeroTwin Engine Delivered to OEM Customer 2/6/2006 9:00:15 AM
LAS VEGAS, Feb 06, 2006 (BUSINESS WIRE) -- AirScooter Corporation (ASCO), an innovator of new air vehicle concepts, announced today that its wholly-owned subsidiary, AeroTwin Motors Corporation, has delivered the first turbo-charged AT972T engine to an OEM sport aircraft manufacturer.
"This is an important milestone in our corporate development," said Dwaine Barnes, president. "It culminates over three years of intense effort and a significant investment in developing, testing, and manufacturing our patented four-stroke AeroTwin engine in Fort Worth, Texas. We have produced parts to assemble the first 30 engines, expect additional deliveries to other OEMs during the coming weeks and look forward to customer input as we prepare additional volume production during 2006."
"The AeroTwin engine was designed to meet the demands of our AirScooter personal air vehicle, but judging from the volume of inquiries from diverse sport aircraft manufacturers, appears to also meet a significant unmet market need," added Barnes. "OEMs require engines for both new aircraft sales and repowers for legacy customers looking to upgrade to a modern four-stroke engine. We expect to proceed rapidly with testing our Red and Yellow AirScooter vehicles with new engines."
The AeroTwin lightweight two-cylinder 972cc four-stroke engine will be available in two models. The AT972T is turbo-charged producing 65 hp at 4200 rpm and the AT972 is a standard engine producing 55 hp at 5000 rpm, both providing exceptional flat torque at 3000 to 5000 rpm. AeroTwin's patented design features electronic fuel injection and digital engine management. The engine operates horizontally or vertically and mounts to provide output from either end of the engine for maximum flexibility.
About AirScooter Corporation
AirScooter Corporation is engaged in the development and commercialization of advanced manned and unmanned air vehicles and power systems for the recreational, commercial and government markets. The Company has applied coaxial counter-rotating dual rotor systems to the AirScooter(TM) personal air vehicle (PAV) and AirScooter Unmanned Aerial Vehicles (UAVs). The Company's wholly owned subsidiary, AeroTwin Motors Corporation, is engaged in the manufacture and distribution of patented AeroTwin(TM) 65 HP lightweight sport aircraft engines. For more information on the company, its technologies and products please visit www.airscooter.com. For information on the AeroTwin engine visit www.aerotwinmotors.com.
SOURCE: AirScooter Corporation AirScooter Corporation Jim Barnes, 702-566-4602 investor*airscooter.biz
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