How is Stavatti RDT&E Funded?
Stavatti uses a variety of financial mechanisms to fund new Stavatti initiated aircraft and aerospace vehicle RDT&E. Stavatti programs are presently funded through Investment Community sources. Initially, Stavatti relied upon direct investment by accredited and otherwise qualified investors into Stavatti Corporation itself. To raise initial development and operating funds, Stavatti conducted SEC Regulation D Rule 504 and Rule 506 offerings through a Private Placement. Through the process of conducting Regulation D offerings, Stavatti was introduced to a High Net Worth Accredited Investor was responsible for funding new aircraft concept development through 2007. To raise the capital necessary to fund RDT&E of the Machete Series, including the prototyping, flight testing, Certification/Qualification and production initiation of the SM-27S/T, SM-27J/L and SM-47S/T, beginning in 2008 Stavatti Executive Management joined forces with professionals from Neuberger Berman to establish a Managed