Remos Gets Cash Infusion; Plans Expansion

Gemini Sparkle

Key Takeaways:

Light Sport Aircraft (LSA) manufacturer Remos of Germany has received an investment shot in the arm, and plans to make announcements at this year’s EAA AirVenture on how it intends to use the cash. A spokesman declined to attach a dollar figure, but said the influx is “significant” and will support business development over the next several years.

Mark Phelps

Mark Phelps is a senior editor at AVweb. He is an instrument rated private pilot and former owner of a Grumman American AA1B and a V-tail Bonanza.

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