Tue 15 Sep: AKOYA PROJECT RECEIVES FUNDING BOOST
PUBLISHED: 10:39 15 September 2009 | UPDATED: 14:01 10 October 2012
Viveris Management acquires a stake in LISA Airplanes
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LISA Airplanes has completed a major corporate fund raising
effort aimed at finalising the certification and production of its
first ultra-light aircraft, the AKOYA.
The AKOYA was first shown at AERO Friedrichshafen in 2007
and has a ‘Multi-Access’ system which allows the aircraft to set down on snow,
land and water with equal ease. A swivelling wing system, also allows the plane
to be stowed onboard a yacht – the most exclusive ‘dinghy’ on the market. LISA
firmly believes there is a growing market for amphibious aircraft capable of
landing and taking off from a variety of surfaces.
Erick Herzberger, President of LISA Airplanes said, “Viveris Management’s acquisition of a
stake in LISA Airplanes is a real growth opportunity for us. We are confident
of the relevance of our product on an international market that’s about to
undergo a revival. The support and confidence we’ve received from our
shareholders strengthens the launch of the AKOYA decisively.”
Philippe Reynaud, Investment Manager with Viveris Management
said he was really impressed by the uniqueness of the AKOYA and its potential
for marketing to a high-end segment that’s not really impacted by the current
economic situation. Viveris itself at the end of 2008 had €450 million in funds
under its management and a portfolio 130 companies.
Reynaud explained further the reasons why they have invested
in LISA Airplanes, “The Multi-Access concept gives this plane a real
competitive advantage, and symbolizes the revitalization of light aviation,” he
said. “M