Current Yield with Participation Funds (CYwP Funds) announced today that one of the funds in its portfolio has invested in Aurora Flight Sciences, a designer, developer and manufacturer of unmanned aerial systems (UAS), including Orion, which holds the world flight endurance record of 80 hours. Customers range from Silicon Valley tech companies, to the US military, to world leaders in air cargo transport, to other aerospace companies seeking help building their aircraft.
The investment will support growth capital requirements.
For more than 25 years, Aurora Flight Sciences has been a leader in the development and manufacturing of advanced unmanned systems and aerospace vehicles. Headquartered in Manassas, Va., Aurora operates production plants in Bridgeport, W.Va. and Columbus, Miss. Aurora has Research and Development Centers in Cambridge, Mass., Dayton, Ohio and Mountain View, Calif. The company’s European office, Aurora Swiss Aerospace, is located in Luzern, Switzerland.