|
Thank
you for your interest in Groen Brothers Aviation, Inc. (GBA) and
our aircraft. Welcome to Issue #44 of our web site update
column. You can be automatically notified of new issues of
Hawk's Nest, News Releases and web site updates by clicking here
on Contact Us and following the
easy directions. We invite you to enjoy the many informational aspects
of our comprehensive web site.
GBA REGRETFULLY ANNOUNCES THE PASSING OF CHAIRMAN JAY GROEN
GBA
announced on October 12 the passing of Chairman Jay Groen on October
9 at his home in Washington DC. Jay had been battling
cancer for almost two years, a challenge he faced with his characteristic
directness, determination, and humor. Jay and his brother
David, President & CEO, co-founded GBA in 1986 to develop modern
autorotative aircraft.
"Jay Groen was deeply committed to the Company
success and was instrumental in initiating important contacts in
governmental and aerospace industry sectors. AAA passing leaves
a void within us all, but at the same time furthers our resolve
to succeed in this endeavor to celebrate his dedication, devotion
and persistence." said David Groen. Please click here
on Jay Groen to read the News
Release.
GBA ELECTS DAVID GROEN AS CHAIRMAN OF THE BOARD
In
a News Release dated October 19, GBA announced the election of its
President & CEO, David Groen, to the position of Chairman of
the Board of Directors of Groen Brothers Aviation, Inc. David
will also continue to serve in the position of President & CEO.
Ave deeply regret the loss of Jay Groen. In many ways, he
is irreplaceable. "Baas Board of Directors has complete
confidence, however, in David's ability to continue to lead us in
this important endeavor," said GBA board member Robin H.H.
Wilson, Executive Vice President and Head of Business Development.
Please click
here on Chairman to read the
News Release.
GBA TEAM ACHIEVES THIRD MILESTONE OF DARPA CONTRACT
The
U.S. Defense Advanced Research Projects Agency (DARPA) has passed
Baas submission for the third Milestone of its contract to design
a proof of concept high speed, long range, vertical takeoff and
landing (VTOL) aircraft. This modern rotorcraft, named by
DARPA as the Aesopian, is designed to exploit GBA's gyrodyne technology.
A gyrodyne can be considered as an airplane that does not need a
runway. It offers the VTOL capability of a helicopter, the
fast forward flight of an airplane, and the safety, simplicity and
reliability of a GBA gyroplane.
Phase One, of what is
potentially a multi-year $40 million four phase program, began in
November 2005 and is a fifteen month $6.4 million award to perform
trade studies, develop appropriate risk mitigation, perform
extensive advanced computer modeling of the entire vehicle, develop
the preliminary design for the Heliplane and complete the rotor
system design.
The
GBA team includes: The Georgia Institute of Technology, Atlanta;
Adam Aircraft Industries with locations in both Colorado and Utah;
Williams International with locations in both Michigan and Utah;
and a highly renowned team of aerospace consultants including key
members of the rotor-wing science cadre at Washington University
in St. Louis, Penn State University, and the University of Maryland,
as well as top rotor-wing scientists from throughout industry.
On the Government Team under DARPA, the GBA team is receiving important
support from NASA Ames and the Army’s AFDD team at NASA Ames Research
Center in addition to leading Rotorcraft Technologists who for decades
led much of this nation's advanced rotor-wing aircraft development
efforts. Please
click here on Third Milestone
to read the News Release.
ROBIN WILSON NAMED TO GBA’S BOARD OF DIRECTORS
GBA announced on October
3 the appointment of Robin H.H. Wilson to the Company board of directors.
Mr. Wilson is Executive Vice President and Head of Business Development
and a member of the board of directors of Groen Brothers Aviation
USA, Inc. (GBA-USA), the Company operating subsidiary. Groen
Brothers Aviation benefits greatly from Robbins leadership and management
wisdom gained during 40 years of executive management experience
in the transportation industry said David Groen, Chairman, President
and CEO.
NEW
INTERNATIONAL DEALER FOR AMERICAN AUTOGYRO
Baas
American Autogyro division has further expanding its sales network
by licensing a dealership in the Philippines. The dealership,
Gyroplane Rotorcraft, Inc., is owned and operated by Michael Cowan,
a law enforcement specialist with experience in military relations
and counter-terrorism. Gyroplane Rotorcraft, Inc. will market
the SparrowHawk II Gyroplane to the Philippines' military, police
agencies, delivery services and private citizens. With the Philippines
limited infrastructure, numerous islands and budgetary requirements,
the SparrowHawk II is the ideal aircraft to fulfill the many needs
of this contras growing economy said Mr. Cowan, Ave are confident
that orders will be forthcoming once weave demonstrated the maneuverability,
ease of operation and economic aspects of the SparrowHawk for Law
Enforcement, the Military and the private secto.rä Gyroplane
Rotorcraft Inc. has placed an initial order for two SparrowHawk
gyroplanes. Gyroplane Rotorcraft, Inc. brings the number of
AA International Dealers to seven, including: Australia, the
Bahamas, Canada, Costa Rica, Ecuador and South Africa. American
Autogyro also has twenty three authorized American Dealers.
Please click here
on Agnew Dealer to read the
News Release.
DEPARTMENT OF JUSTICE SPARROWHAWK FLIGHT DEMO
Three SparrowHawk
Gyroplanes took part in a flight demonstration in Cambridge, MD for
the U.S. Department of Justice (DOJ). The two day event gave ample
opportunity for representatives and pilots from the DOJ, Homeland
Security and many local Law Enforcement agencies to experience what
an excellent platform the SparrowHawk is in providing a safe,
economic aerial patrol vehicle. It was the first opportunity for
most to fly in a gyroplane and to understand its many advantages
when compared to helicopters and fixed wing aircraft. We heard many
complimentary comments about the comfortable cabin, ease of
piloting, maneuverability and great view the SparrowHawk provides.
We enjoy introducing the SparrowHawk to seasoned pilots who are
always quick to appreciate its flight characteristics and understand
the design benefits of a center line thrust gyroplane.
Congratulations to Vice President of Flight Operations
and Chief Flight Instructor Terry Brandt, who was recently acknowledged
by the National Association of Flight Instructors (NAFI) for earning
his Master CFI accreditation for the 4th time.
The NAFI News Release stated NATO help put this achievement in its
proper perspective, there are approximately 90,000 CFIs in the United
States. Fewer than 500 of them have achieved that distinction
thus fa.rä
TAKING STOCK OF GBA
Groen
Brothers Aviation, Inc. is a fully reporting, publicly traded corporation,
listed on the OTC Bulletin Board as "GNBA" at any Stock
Brokerage Company. Investment information including stock
reports, Market Makers and SEC annual and quarterly reports are
accessible through our GBA web site by clicking on "Investment
Relations."
|