Since February 2016, Evada Aircraft SA, a Tunisian company that is devoted to the manufacture and marketing of light aircraft, and in partnership with the National aircraft manufacturer AVIONAV, has started the prototyping of a 4 seats amphibious aircraft, EVADA A4, a high wing made of carbon fiber. The aircraft is intended to be commercialized, in the first place, in the American and Canadian markets.
The prototyping phase which is at 50% of completion (June 2016) will be finalized by the end of 2016, the prototype will be sent to the United States to perform a series of ground and flight tests in order to get its US certification.
Two models will be presented for marketing, by early 2017, the EVADA A2 powered by a 130 hp Rotax 915 engine, the latest of the Canadian engine manufacturer Bombardier, and EVADA A4 equipped with a 6-cylinder Lycoming O-540 engine delivering 250 hp. Both models will be equipped with a full avionics with 3 screens of 10 inches, autopilot, GPS, stall warning and a full parachute for the entire plane. Retractable gears fitted as standard equipment will allow the aircraft to land on water, on any hard runway, retractable skis will be offered as an option to enable future EVADA pilot to land on the snow.
With a range of 2,000 km, a cruising speed of 240 Km / h and a cabin of an unequalled level of comfort, the aircraft will be very competitive with regards to its competitors.
Adding to these benefits a very competitive price, the EVADA Aircraft Company, plans to reach a target of 100 orders within the first year of commercialization.
The company which is affiliated to the Swiss group MCI AG "Mundus Capital Invest" will benefit from expertise in terms of communication, relational and financial engineering that will ensure it a safe and rapid development on the international level on the five continents.
About MCI AG (Mundus Capital Invest AG)
Mundus Capital Invest AG is a Swiss holding company that entirely owns M24 Group, the media division of MCI that is concentrating on the MENA region.
MCI has expanded its business activities beyond Media and focuses on various viable business fields: Aviation, Automobile and Tourism & Travel.
MCI is keen on further expanding its business activities and planning to invest and form new companies in the fields of Real Estate, Renewable energy and Agriculture.
The holding company is considering certain strategic acquisitions and / or the forming of new Joint Venture companies with well-identified local partners on the emerging markets.
MCI will soon be listed on the Stock Exchange Euronext Paris.
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand; and litigation involving product liabilities and consumer issues. EVADA Aircraft SA cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. EVADA Aircraft SA expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based.
DetailsRelated to EVADA Aircraft SA
Incorporation Date: 03/02/2016
LegalForm: S.A. (Equivalent to AG, PLC, Corp or Inc.)
Activity: Manufacturing of Light Sport Aircrafts
Location : 2 rue de corail, Kantaoui, TN-4089 Hamame Sousse, Tunisia
Mr. Ferid Kamel
Title: Chief Executive Officer
GSM: +216 55 770 249 /+216 29 909 574