ICON Aircraft

ICON Aircraft

ICON Aircraft's mission is to bring the freedom, fun, and adventure of flying to all who have dreamed of flight. Learn more
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DateInvestorsAmountRound
-

N/A

-
N/A

$970k

Series A

N/A

Seed
N/A

$3.5m

Series B

$11.4m

Series B
*

$25.0m

Late VC
N/A

$60.0m

Series D

$130m

Series E

$80.0m

Series E
N/A

$119m

Late VC
N/A

$20.0m

Late VC

$20.0m

Series E
*
N/A

N/A

Bankruptcy
Total Funding€427m

Recent News about ICON Aircraft

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ICON Aircraft is a startup that operates in the recreational aviation industry, specializing in the production and sale of the ICON A5, a light sport aircraft designed for recreational flying. The company targets adventure-seeking individuals who fly primarily for recreation, offering them a lightweight, easy-to-fly aircraft with low operating costs.

The ICON A5 is equipped with state-of-the-art Garmin interface, including the G3X Touch™ flight display and an optional 2-axis autopilot, which enhances situational awareness and sophistication. The company also offers an optional configuration that integrates advanced features with the other Garmin avionics in the A5.

In addition to manufacturing aircraft, ICON Aircraft also provides flight training experiences designed to help pilots get the most from the A5 in its unique operating environment. This additional service not only adds value to the customer experience but also contributes to the company's revenue stream.

Recently, ICON Aircraft announced the completion of their 200th ICON A5 Light Sport Aircraft, indicating steady production and demand for their product. The company also introduced a new 4-blade lightweight propeller that can be added as an upgrade to new A5s or retrofitted on previous models. This new propeller, which weighs eight pounds less than the previous version, improves takeoff distance by 10-12 percent, thereby enhancing the aircraft's versatility and safety.

In summary, ICON Aircraft operates in the recreational aviation market, manufacturing and selling lightweight, easy-to-fly aircraft equipped with advanced technology, and offering flight training services.

Keywords: ICON Aircraft, Recreational Aviation, Light Sport Aircraft, ICON A5, Garmin Interface, Flight Training, Adventure-Seeking Individuals, 4-Blade Lightweight Propeller, Aircraft Manufacturing, Aircraft Sales.

Tech stack

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