ICON Aircraft, Inc.

ICON Aircraft, Inc. is a privately held aircraft manufacturing company headquartered in Vacaville, California. Founded in 2006 by Kirk Hawkins and Steen Strand, the company aimed to develop and certify the ICON A5 amphibious light sport aircraft (LSA). Despite initial excitement and publicity, the company faced various challenges, including legal, financial, and developmental issues, as well as accidents, which slowed production and growth. In 2016, the company announced delays in customer deliveries and layoffs due to manufacturing process improvements. ICON filed for Chapter 11 bankruptcy in April 2024, but later reported that SG Investment America had completed the purchase of its assets, creating a new entity to manage them. The company’s first model, the ICON A5, is a two-seat, amphibious light-sport aircraft with a range of approximately 300 nautical miles and a top speed of 105 knots.