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Cirrus Design: Cirrus is the world's leading innovator of single-engine piston-powered aircraft.
Transaction: $100 million Preferred Equity Our relationship with Cirrus, the developer of an innovative and technologically advanced composite aircraft began in 1996, when we raised the first outside round of equity capital for the company. Aethlon secured successive rounds of equity capital over several years, and initiated a strategic relationship with Arcapita, which purchased a controlling interest in Cirrus for $100 million. With Arcapita's backing, Cirrus is now the leading innovator of singe engine general aviation aircraft. Visit Site |