Sandpoint Idaho based Tamarack Aerospace Group is raising $15,000,000.00 in New Equity Investment.
Sandpoint, ID – According to filings with the U.S. Securities and Exchange Commission, Tamarack Aerospace Group is raising $15,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Nick Guida played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Tamarack Aerospace Group
Tamarack Aerospace Group was founded with one mission in mind: to provide real-world step change advancement in aerospace efficiency technology. Our story starts with Tamarack founder Nick Guida, a seasoned professional in the field of aerospace and spirited entrepreneur. Guida was convinced of a way to improve aircraft efficiency and sustainability without aerodynamic compromise. In 2009, he conceptualized the idea that led to the creation of ATLAS load alleviation technology and Active Winglets. The company grew through a six year development and certification process that included hundreds of hours of test flights on numerous testbed aircraft. In 2015, the aviation world changed when the first set of Active Winglets was installed on a Citation CJ1. Tamarack has now expanded from our headquarters in Sandpoint, Idaho, and now operates in additional transformation centers in Aiken, South Carolina and Oxford, UK. Today, we hold more than 30 patents as we continue to pioneer new aviation innovations, as well as continually enhance our current products, supporting our growing international fleet of aircraft.
To learn more about Tamarack Aerospace Group, visit http://tamarackaero.com/
Contact:
Nick Guida, Chief Executive Officer
208-255-4400
nickg@tamarackaero.com
https://www.linkedin.com/in/nick-guida-2b5a9b89/
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