Utilicraft Aerospace Industries, Inc.
OOTC:UITA0.00
USD
+0.00
(-99.00%)
ISIN
US91801E1091
CUSIP
91801E109
Return %
Stock
S&P 500
1Y
-99.00
14.39
3Y
-99.90
81.42
5Y
-99.99
68.62
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
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in mil. unless spec.Company Description
- CEO
- Edward I. Vakser
- Full Time Employees
- 4
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- 401 Ryland Street Reno NV United States 89502
- IPO Date
- Dec 20, 2006
- Website
- utilicraft.com
- Similar Companies
- Business
- Utilicraft Aerospace Industries, Inc. Utilicraft Aerospace Industries, Inc. (UITA) operates as a development-stage company primarily focused on the electric vehicle sector, encompassing terrestrial and aerial EV technologies including single-seat and multi-seat configurations; it previously engaged in aerospace and aviation services centered on the FF-1080-300 freighter aircraft design for short-haul cargo transport with features such as LD3 container compatibility, Automated Flat Rate System for fuel efficiency, and Pratt & Whitney Canada turboprop engines. The company, founded in 2004 and headquartered in Reno, Nevada, with prior facilities in Fort Worth, Texas, and Albuquerque, New Mexico, targets markets in air cargo feeder routes and emerging electrification applications across the United States. It maintains a minimal operational footprint with four employees and leadership under Chairman, CEO, CFO, President, Corporate Secretary, and Treasurer Edward I. Vakser. In recent years, Utilicraft Aerospace Industries pivoted from active aircraft development, including an engineering agreement with M7 Aerospace for the FF-1080 prototype and a historical sales commitment from Global Air Group for 100 units, to emphasizing electric vehicle initiatives amid ongoing going-concern challenges noted in its 2021 comprehensive 10-K filing covering 2019-2020; the firm hired a new compliance team and filed to desist from a 2016 going-private proposal in 2017, with no significant revenue reported since inception through 2020 and limited public updates thereafter.
Company News
Utilicraft Aerospace Industries (UITA) Shareholders Updates: Company hires a new compliance team
Utilicraft Aerospace Industries (UITA) Shareholders Updates: Company Hires a New Compliance Team