adam aircraft

The indictment alleges that he took and concealed Boeing trade secrets
relating to the Space Shuttle, the C-17 military transport aircraft
and the Delta IV rocket. Chung allegedly obtained the materials for
the benefit of the PRC. .
In a follow-up interview with Shelly Simi,
spokesperson for Adam Aircraft Inc. , she told Industry Headline News,
'We're alive. AAI has gotten responses from investors; we're looking
into options to secure long-term financing. .
A company spokesperson
said three A7s, two of which are fully conforming, are in flight test
and a fourth is nearing completion.
Adam Aircraft has suspended
operations at its Ogden, Utah, facility and laid off 3 employees
companywide due to lack of financing, forcing the company to seek
additional capital to continue producing its carbon composite
airplanes.
Adam Aircraft is coming up short by $25 million and needs
to raise this amount by the end of January to avoid liquidation.
Shareholders have been informed, CEO John Wolf lays out all the cards
and advises that if the funds are not .
The indictment alleges that
he took and concealed Boeing trade secrets relating to the Space
Shuttle, the C-17 military transport aircraft and the Delta IV rocket.
Chung allegedly obtained the materials for the benefit of the PRC. .

I just noticed an article on AVWeb that is confirmed by an Adam
Aircraft press release: In order to continue toward full production of
the A5 and a type certificate for the A7, the company is laying off
many of its employees and .
In a follow-up interview with Shelly
Simi, spokesperson for Adam Aircraft Inc. , she told Industry Headline
News, 'We're alive. AAI has gotten responses from investors; we're
looking into options to secure long-term financing. .
Adam Aircraft
has suspended operations at its Ogden, Utah, facility and laid off 3
employees companywide due to lack of financing, forcing the company to
seek additional capital to continue producing its carbon composite
airplanes.
Adam Aircraft Industries has laid off around 3 of 8
employees at its three facilities and plans to suspend composite layup
operations at its Ogden, Utah, site through early summer.
In a
follow-up interview with Shelly Simi, spokesperson for Adam Aircraft
Inc. , she told Industry Headline News, 'We're alive. AAI has gotten
responses from investors; we're looking into options to secure
long-term financing. .
Adam Aircraft Industries has laid off around 3
of 8 employees at its three facilities and plans to suspend composite
layup operations at its Ogden, Utah, site through early summer.
Adam
Aircraft is coming up short by $25 million and needs to raise this
amount by the end of January to avoid liquidation. Shareholders have
been informed, CEO John Wolf lays out all the cards and advises that
if the funds are not .