Mon, Jul 27, 2009
Approved For Use On 95% Of GA Aircraft
Ultra announces its agreement to purchase, subject to
regulatory approvals and other conditions, the AuRACLE product
portfolio from Xerion Avionix on Sunday. AuRACLE is a digital
engine power management system designed for the general aviation
OEM and retrofit markets. It is certified as primary engine
instrumentation and is approved for use on 95% of general aviation
aircraft.
AuRACLE extends safe flight, lowers pilot workload and decreases
annual operation and maintenance costs. Discriminators include; a
patented display that provides the pilot with all critical gauges
at a glance, thereby minimizing pilot distraction; a fuel computer
and unique fuel-leaning process that lowers average fuel costs by
25%; a data recorder, redundant back-up monitoring system, and a
patented Engine Interface Unit (EIU) that ensures low installation
costs.
Xerion Avionix is based near Rochester, NY, Ultra’s
existing Flightline Systems business, also based near Rochester
already supplies engine management products and other mechanical
and electromechanical instruments for the commercial aviation,
military and business jet market. The AuRACLE product line and key
engineering, marketing and support staff will become part of the
Flightline Systems business. The AuRACLE system complements
Flightline’s existing engine management offering and expands
Flightline’s reach into the general aviation instrument flat
panel market. The asset purchase will be financed using
Ultra’s existing facilities and is expected to be earnings
accretive after integration.
The acquisition is expected to complete by the end of September
Paul Fardellone, President of Ultra’s Flightline Systems
business, commented: “I am pleased that we have an agreement
to purchase the AuRACLE as an extension of Flightline
Systems’ aircraft instruments activity. Ultra has great
strengths in a number of different aviation and instrumentation
market niches that will be expanded by the addition of the AuRACLE
product designs and the market positions they hold.”
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