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  #1  
Old 11-25-2010, 02:34 AM
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Default GBA ArrowHawk Gyroplane

http://www.groenbros.com/gbanews.php

GROEN BROTHERS AVIATION INTRODUCES ARROWHAWK GYROPLANE AT AIR SHOW CHINA IN ZHUHAI

Salt Lake City, Utah – November 15, 2010 – Groen Brothers Aviation, Inc. is pleased to announce the introduction of the GBA ArrowHawk Gyroplane, which is shown as a full-scale model at China’s premier Air Show in Zhuhai, Guangdong Province. The ArrowHawk reflects the latest technology from GBA’s 24 years of designing safe, high performance rotor wing aircraft.

The ArrowHawk has been designed to help meet the growing international demand for affordable runway-independent aircraft. Powered by a 700 hp turbine engine, the aircraft has vertical take-off and landing (VTOL) capability, comfortable seating for 7 people including pilot, 297 km/hr cruise speed, and a range of 1,145 km.

Last edited by PTKay; 11-25-2010 at 02:37 AM.
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  #2  
Old 11-25-2010, 02:40 AM
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More:

http://airlines.einnews.com/pr-news/...ina-in-zhuhai-
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  #3  
Old 11-25-2010, 03:53 AM
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Yea, I was at the Zhuhai Air-Show last week. I dropped by to say howdy to the Groen Bros too.

Got to see a few Russian and Chinese manned-aircraft targets flying in some air-show maneuvers. Reminded me a lot of a Saturday at the Chino California airport museum, but that stuff is newer....hehehe

Nothing new or exciting at the show, except for the Aurora two-place airplane. Thats the company I'm working with is building, nice airplane in fact.

Nothing at all new in the fixed-wing or rotary-wing UAV field there, all like 20 year old stuff. Pretty dusty. I took pictures, I'll see if I can get some time to post a few.

But all and all a good beginning for Chinese air-shows. I'll be displaying some of my stuff there next time.
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  #4  
Old 11-25-2010, 06:27 AM
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Nice Arrowhawk, whats the price tag on it.

OH yes I can see the 20 years old.

Thanks for sharing.
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  #5  
Old 11-25-2010, 10:30 PM
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It'd be nicer if they had a two seater for light sport.
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  #6  
Old 11-26-2010, 07:31 AM
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Good looking LSA.
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  #7  
Old 11-26-2010, 07:43 AM
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I would like to see them begin offering the SparrowHawk and RAF conversion kits again, guess thats just small potatos to them now.
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Old 11-26-2010, 07:55 AM
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Default Stock options

Looking at the latest listing, GBA stock is selling for .02 to .04 cents per share. Who's the next ________?


JW Wright
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  #9  
Old 11-26-2010, 09:01 AM
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In my opinion, Groen Brother's spends way too much time and money on prototype after prototype, in an array of models and all of their various mockups. After all these years, not one viable marketable model has been produced. It is high time that group coalesced on ONE model and brought it to market….make some money and then focus on the next model until its completion, etc…..
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  #10  
Old 11-26-2010, 09:21 AM
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Default Astonishing 24 year survival!

Groen Brothers has been in business since 1986 and developed a corporate culture based around research and development rather than production and marketing.

24 years in business suggests it works for them.

They donít show much in the way of profits but just making payroll for 24 years is an accomplishment.

According to the financials, the SparrowHawk kit experimental gyroplane cost Groen Brothers almost twice as much to build as the selling price for each one they sold. I suspect that would make it less motivating to manufacture these kits than a profit although they are claiming that it was a profitable venture in the hopes of selling it to someone.

I am astounded at their many offerings. They seem to be a cornucopia of gyroplane fantasy.

I am amazed at the amount of debt they are able to carry.

It is a remarkable business model. They operate outside of anything I have experienced.

I admire their continued survival.

Thank you, Vance
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  #11  
Old 11-26-2010, 03:07 PM
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Default Vance...

"am astounded at their many offerings. They seem to be a cornucopia of gyroplane fantasy.

I am amazed at the amount of debt they are able to carry.

It is a remarkable business model. They operate outside of anything I have experienced.

I admire their continued survival."

Now Vance I think that is the funniest post I have ever seen you make!
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  #12  
Old 11-26-2010, 03:26 PM
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Quote:
Originally Posted by BEN S View Post
"am astounded at their many offerings. They seem to be a cornucopia of gyroplane fantasy.

I am amazed at the amount of debt they are able to carry.

It is a remarkable business model. They operate outside of anything I have experienced.

I admire their continued survival."

Now Vance I think that is the funniest post I have ever seen you make!
"I don't care who you are, that's funny right there!"
Ben S
Well said.
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  #13  
Old 11-26-2010, 05:20 PM
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Default David continues to dream big!

Hello Ben and Mark,

I was not trying to be funny.

I have listened to some of David’s presentations and it was easy to get caught up in his passion for gyroplanes even if it sometimes factually inconsistent.

I have a lot of respect for anyone who can make payroll for 24 years and maintain an expensive facility. At one time he was supporting two expensive facilities.

Being a business enthusiast I have tried to understand their business model.

Most of my gyroplane flight training was in a modified RAF or a SparrowHawk at their facility in Buckeye, Arizona.

Some people have expected more than David could deliver and have come away feeling bamboozled.

Most of the SparrowHawk dealers didn’t do well with their investment.

They are a publicly traded stock with a lot of SEC rules and accepted accounting practices to follow.

Somehow he is able to carry more debt than the value of the company assets.

David continues to dream of gyroplanes becoming mainstream and efficient and shares his dream with others.

I feel I would be stifled under the pressure of red ink and disenchanted investors.

Thank you, Vance
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  #14  
Old 11-26-2010, 07:30 PM
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The American taxpayer probably made most of their payroll.
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  #15  
Old 11-26-2010, 08:30 PM
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That Arrowhawk looks pretty sweet to me. I sure wish them every success in the world. If they are able to bring a commercially successful Gyroplane to market, it would sure do good things to the reputation of our sport and add some good credibility to the gyroplane concept. Granted this isn't a machine many of us will ever be able to afford, but if it helps the world to see gyroplanes as a credible aircraft choice, that will be good for all of us.
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