Atair Aerospace wins COMET Award

Long Island, NY - April 24, 2003 - Atair Aerospace was one of five manufacturers honored by New York State’s Empire State Development and the Long Island Forum for Technology during their COMET expo and awards dinner at the Long Island Business & Technology Center on April 10, 2003. The event was created as a way to feature the numerous high-technology manufacturing companies of the Long Island area, with a particular emphasis on defense related companies.

BAE Systems, EDO Corporation, Northrop Grumman, Empire State Development, Fleet Bank, and Margolin, Winer & Evans, LLP, judged the over 70 participating companies in five categories: Innovative Products, Precision Parts, Electronic Assemblies, Complex Integrated Products, and Unrestricted. Atair was honored with the 2003 Manufacturer of the Year Award for Innovation for their ONYX family of Autonomous Guided Parachute systems.

Conflicts in Somalia, Afghanistan, and Iraq have demonstrated the wide spread use of inexpensive surface to air missiles by enemies. The United States Military has at the highest level recognized the critical need for the development of guided parachute systems to replace current, obsolete airdrop delivery techniques. A $3000 shoulder fired SAM can put in jeopardy aircraft flying up to 25,000 ft. Conventional military airdrop techniques release cargo under round parachutes from altitudes below 1,500 ft. At such low altitudes placing cargo at the intended landing target is accurate, but puts the carrier plane and personnel in grave danger. Using such airdrop techniques at altitudes of 25,000 ft. to 35,000 ft. provides safety for the aircraft and personnel, but makes delivering cargo to the landing target impossible.

With funding for guided parachute systems now coming from the Secretary of Defense level, government and military agencies appear primed to dedicate serious resources to resolving this critical strategic military requirement. Having foreseen this need and begun the development of guided parafoil systems several years ago, Atair Aerospace continues to develop the state-of-the-art, advanced-design parachutes guided by Global Positioning System (GPS) satellites and Inertial Navigation Sensors (INS) for the precise, reliable and cost-effective airborne delivery of material and ordnance to remote locations in fulfillment of critical military, relief and rescue missions. Atair has been a pioneer in bringing forth new technological advances in military and sport parachute systems since 1992.

For more information please contact Mark Montalvo at [email protected] or visit Atair Aerospace’s website at www.extremefly.com.