Harold Mason
LIBERTY, MO (USA)
Role(s):
Other
Midland Capital Services, LLC
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Startup
Location:
LIBERTY
Industry:
Other
Year Founded:
2018
Number Employees:
100-250 people
Description:
LTI manufactures sells and distributes 1, 2 & 4 place light weight turbine powered helicopters. The company has developed new technologies which allow our products to be produced and sold at levels below those of Robinson R22 Beta and R44 helicopters, our number one competitor. To date the cost of R&D exceeds $15,000,000 and has been borne by the founder Mr. Stitt over the past 8 years. There is currently a fleet of over 500 of LTI’s predecessor piston engine model the Mini 500 in service. These are all prospective buyers for the conversion to turbine engines. We have letters of interest from dealers in Germany and Asia and have been contacted by the Canadian Air Force concerning our product. You can see our web site (URL removed) for more information.