U.S. Patent D500730 S
January 11, 2005
Owner: George Bye
Far better is it to dare mighty things, to win glorious triumphs, even though checkered by failure... than to rank with those poor spirits who neither enjoy nor suffer much, because they live in a gray twilight that knows not victory nor defeat.
On September 30, 2005, the conceptual predecessor to the TALON II, the Javelin experimental prototype flew for the first time. With two other nearly flawless flights in October 2005, additional test flights took place in 2006 and 2007.
By 2007 over 150 civil deposits had been received, along with a strong Israel Aerospace Industries partership and reqirement from Israeli Air Force (for both intermediate and advanced Javelin trainer versions) and French Navy (through Airbus contract) and other international air forces.
The company reached a $160 million valuation, and proceeded to Wall Street with Citigroup to raise $200 million to complete certification, purchase tools and fixtures and ready for production. Despite a successful early process with Citigroup, by early 2008 the severe U.S. recession took hold and the company was dissolved in May 2008.
Over the 8 years that have passed, George Bye, the Javelin designer and an experienced engineering team hope to utilize many advanced technologies along with the lessons learned in an all-new Talon II design which awaits its chance to be an FAA-certified, tandem seat 'hot rod' in the sky.