ATR72 conversion program

Private placement focus

Current planning centers on a USD 15 million raise for an ATR72 passenger-to-freighter conversion program. Initial proceeds are intended for three ATR aircraft and the large cargo door STC validation and flight-test sequence.

Strategic objective

After certification progress is de-risked, the platform aims to broaden its capital base and move toward a fuller MRO capability set.

Phase 1

Source aircraft, technical partners, and certification workplan.

Phase 2

Fund engineering, cargo door STC validation, and test activity.

Phase 3

Demonstrate platform viability and engage larger follow-on capital.