NEW YORK – April 14, 2022 – Seabury Capital Management attended The New England Air Museum’s Business After Hours event on April 7 at Bradley International Airport, which featured our client, Transcend Air Corporation, a leading designer and manufacturer of the new age of high-speed vertical takeoff and landing (VTOL) aircraft.
Transcend plans to design, distribute, and operate revolutionary, high-speed VTOL aircraft for both commercial and military applications. Transcend’s Vy 400 commercial platform will have a top speed of 410 mph with a range of 500 miles. Transcends’s V-500 military platform will have a top speed of 500mph with a range of 1,500+ miles.
Transcend Air Corporation founders, Gregory Bruell and Peter H. Schmidt, presented at The New England Air Museum’s Business After Hours event alongside representatives of their corporate partners; GE Aviation’s Director of Turboshaft Advanced Programs John Martin, and Kaman Corporation’s Vice President and General Manager William Zmyndak.
Patrick Henry Dowling, Senior Managing Director at Seabury Capital Management, commented: “Transcend did an excellent job in presenting an update on their progress to date at the event. We are proud and excited to represent Transcend in managing their current capital raise in which we also invest.”
About Transcend Air Corporation
A group of experienced aerospace execs, engineers, and entrepreneurs who have designed a tiltwing VTOL aircraft which will grow to dominate the VIP transport helicopter segment by being faster, cheaper and safer, and which will enable our new city-center to city-center Aerial Regional Transport (ART) service. Since 2009, Transcend has built and flown 16 prototype VTOL aircraft. www.transcend.aero