NEWS RELEASE
St. John’s, NL - Canada
22 November, 2023
NL Aerospace Firm to Manufacture
High-Performance Turboprop Utility Aircraft
CORVUS TACTICAL AIRCRAFT CORP. (CORVUS), a private firm based in St. John’s, Newfoundland and Labrador, Canada, has acquired the global rights for a High-Performance Turboprop Utility Aircraft from AIRBUS POLAND S.A., a subsidiary of AIRBUS DEFENCE AND SPACE. Enabled with this highly valuable Intellectual Property, the company aims to become a manufacturer and global supplier of cost-effective aircraft and related solutions, mainly for Rapid Response Aerial Firefighting and Agricultural services, as well as other innovative applications and specialised markets.
As it establishes its production line in St. John’s, CORVUS will build on the extensive Aerospace and Defence experience of its core staff. The company expects to create up to one hundred highly technical local manufacturing jobs as it builds, sells, and supports its ‘Made-in-Canada’ CORVUS aircraft and equipment, exported to domestic and international markets by air and sea.
To support its planned production, CORVUS is building a supply chain that already includes leading aerospace suppliers across Canada, with a focus on highly experienced firms located in Newfoundland and Labrador and throughout Atlantic Canada. Several of these suppliers have also supported CORVUS throughout its early development stages, in addition to many years of support provided by AIRBUS POLAND. As well, CORVUS has long drawn upon CAN-AM AEROSPACE to provide a full range of DAR (TCCA Design Approval Representative) services.
CORVUS will build upon the proven technical advantages of its new aircraft, and its position as one of the lowest operating costs per hour flown in the target markets. The forecast cost will also make it very price competitive, and CORVUS plans additional advantages to customers and operators in the areas of operations, logistics, customer support, and export-friendly financing options. CORVUS believes this will allow it to quickly establish market foothold and grow to a significant market share over the first five years.
This opportunity is made possible by ISED Canada’s Industrial and Technological Benefits (ITB) program, in support of the respective AIRBUS DEFENCE AND SPACE commitments under the Strategic Tanker Transport Capability (STTC) contract.
The Government of Canada recently awarded AIRBUS DEFENCE AND SPACE the Strategic Tanker Transport Capability project, to replace the ageing CC-150 Polaris (A310 MRTT) operated by the Royal Canadian Air Force (RCAF).
This contract includes four newly-built AIRBUS A330 Multi Role Tanker Transport aircraft (MRTT) and the conversion of five used A330-200s in a quest to strengthen Canada’s continental defence capabilities. The current contract has an order value of approximately CAD $3 billion or 2.1€ billion (excluding taxes). As part to the contract AIRBUS will be delivering 100% ITB plus a wide range of Value Proposition (VP) topics such as Direct/Defence, Export, Supplier Development, Small Medium Business, Clean Tech, R&D or Skills Development. This project will support numerous such VP areas.
CORVUS is supported by a combination of private investment and contributions from key government organizations and programs, including the Government of Canada, the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP), and the Province of Newfoundland and Labrador. The company’s private investors are primarily aviation-industry players, including SYNERJET CORP., who are ideally placed to complement CORVUS industrial requirements in Canada, as well as its worldwide sales and after-sales activities.
About CORVUS TACTICAL AIRCRAFT CORP.
https://www.corvustac.com
CORVUS is a Canadian-based SMB established in 2019 with the goal of offering global markets with an exceptional utility aircraft, purpose-designed for the specialised needs of the Aerial Firefighting and Agriculture communities. CORVUS will build on highly-optimised and well-proven designs to provide industry-beating safety, efficiency, and ruggedness, in the most modern, affordable, and easiest-to-fly aircraft in its class. For its planned production, the company leverages the collective expertise of its principals and senior team with developing and operating aerospace and defense supply chains, along with longstanding business relationships forged with key Canadian suppliers.
About SYNERJET CORP.
Founded in 2002, SYNERJET CORP. is a private aviation company, and it has represented the most important aircraft and helicopter OEMs in several countries since its foundation. SYNERJET CORP. operates mainly in the sale and maintenance of executive aircraft in Brazil, Chile, Colombia, Guatemala and Panama, through its own offices and satellite centres. The company has been a crucial early-stage investor in CORVUS and will have a leading role to define and execute marketing and sales strategies related to the CORVUS aircraft in the Territory of Latin America, as well as to offer maintenance services and easy access to spare parts across this vast region.
About CAN-AM AEROSPACE
CAN-AM AEROSPACE is an aeronautical engineering company with Transport Canada Design Approval Delegation through Nigel Waterhouse, Transport Canada Design Approval Representative. The company specialises in design and certification of aircraft, aircraft modifications and repairs to Part 23, 25, 27 and 29 category aircraft. CAN-AM AEROSPACE’s broad expertise and guidance will be instrumental to CORVUS as it prepares to produce and support its new aircraft for an eager market.
For more information, please contact:
Ms. Susan Gallant
CORVUS TACTICAL AIRCRAFT Comms.
MAIN MILESTONES
![LOGO CORVUS (Transparent White).png](https://static.wixstatic.com/media/c1ba49_052efdcd56fe4f2f8d5a89905825350a~mv2.png/v1/fill/w_44,h_21,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/LOGO%20CORVUS%20(Transparent%20White).png)
July 25, 2019
CORVUS TACTICAL AIRCRAFT
is incorporated under the Corporations Act of Newfoundland and Labrador
![SYNERJET Milestone (White).png](https://static.wixstatic.com/media/c1ba49_9edb550a831749bd9ba1c01ae59cc04f~mv2.png/v1/fill/w_71,h_31,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/SYNERJET%20Milestone%20(White).png)
May 31, 2023
SYNERJET CORP. becomes the first private investor of CORVUS TACTICAL AIRCRAFT, and it will effectively support the sales and after-sales activities in Latin America
![AIRBUS Milestone (White).png](https://static.wixstatic.com/media/c1ba49_ffd9f69c77494f3ea3a08b3d250b9e77~mv2.png/v1/fill/w_72,h_32,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/AIRBUS%20Milestone%20(White).png)
October 6, 2023
AIRBUS POLAND S.A. and CORVUS TACTICAL AIRCRAFT sign an Agreement for the Sale of the Intellectual Property Rights of a High-Performance Turboprop Utility Aircraft