VisionSafe, a Kaneohe, HI-based provider of an aircraft cockpit smoke displacement systems, received an investment from Stephens Group.
The amount of the deal was not disclosed.
The company intends to use the funds to further enhance its R&D, platform certification, and sales and marketing efforts all while seeking accretive add-on acquisitions.
Founded by Bertil Werjefelt, VisionSafe designs, develops and manufactures cockpit smoke displacement systems for use on business, cargo, passenger, government, and other aircraft, and also provides the maintenance, inspection, and service for its products. The company has a set of supplemental type certificates which cover over 120 aircraft models.
The company will serve as a new Stephens Group platform.
FinSMEs
24/04/2024