We bought Armstrong the 8 February of
2019. The 10 June 2019, Elevation Industries bought the 51% of the company for a total of£48,500,000. SIAC is no longer
interested because no orders were placedand made the company loose money. Elevation now designs in cooperation with SIAC new aircraft but in the future SIAC might sellthe whole company.
New aircraft will be designed and
made by Elevation and cooperation with SIAC.