Products
The company's proposed product, perpetually under development, is the single-seat AirScooter II, which is intended to be classified as an ultralight aircraft. It is expected to weigh 254 lbs and be powered by a single 65-hp four-stroke engine capable of carrying a load of up to 350 lbs. Although its operating ceiling is around 10,000 ft (2 700 m), the AirScooter II is incapable of autorotation emergency descent, and is intended for recreational flying at low altitude, i.e., at or below 50 ft (15 m) above ground level (AGL).
Production of the AirScooter II was originally expected to begin in 2005. Production was pushed back to 2006 and then later targeted for 2007. As of January 4, 2008, production has not yet been announced. Any definitive plans for production and sales of the Airscooter II would surely boost stock price. There have been no major press releases or other production information for nearly last two years.
Read more about this topic: AirScooter Corporation
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