Just a year and a half after first flight of the prototype SAM aircraft, President Thierry Zibi has put the company up for sale. Why, after so much work - design, fixturing, successful flight test, certification and orders - would that be a good time to sell the company? Zibi says, "I came to the realization that I love designing airplanes, but I am not so keen on running a production company." According to Zibi, the stage is well set for a new owner. He said that the SAM has flown a full test regimen, which has shown it to be spin-proof at both full-forward and full-aft CG; its Canadian certification has been awarded (and LSA is completely documented, awaiting only another production example). Tooling and fixtures are done, production has already started and orders are in the books.
This is a companion discussion topic for the original entry at https://www.avweb.com/recent-updates/business-military/sam-aircraft-on-the-sale-block