Press Release

Issued by Stratos Aircraft Inc..

May 23, 2017

Stratos Aircraft has successfully completed the first flight test phase of its Stratos 714 single-engine personal jet. In logging 52 hours and 33 flights, the Stratos 714 was flown at weights up to 8,300 lbs., over a range of center of gravity positions. During the initial flight program, the aircraft was flown to 320 ktas and up to an altitude of 17,000 ft. With only minor modifications, the aircraft performed as expected. The company test pilot reported good handling with the side-stick controls and was impressed with takeoff and climb performance.

Following the tests, the FAA removed the initial flight limitations and the aircraft is now able to pursue more advanced research and development along with marketing survey activity. “We are extremely pleased with the progress we've made up to this point,” said Michael Lemaire, CEO of Stratos Aircraft. “We haven't encountered anything that would require a major change in the design.”

The aircraft was scheduled for upholstery and painting prior to its public debut at the EAA AirVenture Convention in Oshkosh, Wisconsin, July 24 to 30 where it will be on display at the Boeing Plaza. Stratos will also host an indoor exhibit in booth 314. On its return from Oshkosh, the Stratos 714 will continue flight testing before being exhibited again at the NBAA Convention in Las Vegas.

The Stratos 714 is a personal jet with a cruise speed of 400 knots and a range of 1,500 miles. With that performance, the aircraft could fly from Seattle to Miami in seven hours with just one stop. Given the luxury cabin, pilot and passengers will fly in comfort and arrive refreshed.

The company is not taking deposits until closer to certification. However, it is recording expressions of interest.