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June 21, 2013

ICON Aircraft Raises Over $60 Million In Equity Funding

Investment Capital To Finance Full-Scale Production

ICON Aircraft announced that it raised its fourth and final round of equity funding in May. The round, which totals over $60 million, included investors from North America, Europe, and Asia. The company will use the funds to complete production preparations, demonstrate regulatory compliance, ramp up full-scale aircraft production, and perform R&D to expand its model line.

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