Explorer Aircraft, developer of the single-engine piston and turboprop Explorer airplanes, has moved from its temporary offices in Denver to Jasper County Bell Field in southeast Texas, just west of the Louisiana border.
The search for financing continues to be Australian-born Explorer Aircraft’s primary focus. Said Donald Joseph, president, “We are actively looking for opportunities. Despite the tough economic times, we’ve become more optimistic in the last three or four months.”
Don Joseph, president of Explorer Aircraft in Jasper, Texas, said he is “more optimistic than ever” about the company’s fundraising efforts. “We’re in due diligence with one group and in conversations with two others,” he told AIN. The company has been in a fundraising mode for at least three years during which development of the PT6-powered Explorer has been on hold.