PM&E
No.137/139, Botahtaung Pagoda Road, Yangon, 11161
Overview
PM&E is an aircraft manufacturer that produces its signature EVADA Aircraft and works with partner DiNelly EXOGYRO to manufacture commercial ultra-light gyrocopters. The company has a contracted manufacturing facility in Sousse, Tunisia and is implementing a modern manufacturing plant there. PM&E is also working to secure a facility for aircraft assembly in Wyoming and is building out its global sales infrastructure. Through a strategic partnership, DiNelly EXOGYRO manufactures at the same Tunisia facility under a shared resources and revenues agreement, creating cost synergies. The company recently accepted a $500,000 cash investment from an exclusive Asian sales agent who was also appointed as the firm’s exclusive agent for the entire Asian region. CEO Joseph Bourne emphasized the company’s focus on integrity and rapid growth in international markets.
- Total raised
- $1M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Feb 2017
Industries
- Aerospace
- Air Transportation
- Manufacturing
Recent funding
Equity
Feb 2017
$1M
Team
No current team members are available.