Evolution Aircraft Company
Evolution Aircraft Company designs and manufactures high-performance pressurized four-to-five place kit aircraft (Evolution Turbine and Piston series) sold direct-to-consumer through an owner-builder program, serving wealthy individual pilots seeking jet-like speed and range at roughly one-third the cost of certified equivalents.
- Company typePrivate
- Founded2017
- HeadquartersRedmond, United States
- Headcount101–250
- GTM typeB2C
- OfferingHardware or Manufacturing
What Evolution Aircraft Company does
Evolution Aircraft Company, founded in February 2017 as a spin-off from Lancair International Inc., designs and manufactures high-performance pressurized four-to-five place kit aircraft sold through an owner-builder model. Its product line comprises the Evolution Turbine series (EVOT-850 with a Pratt & Whitney PT6A-140A producing 867 shp and 330 KTAS cruise, EVOT-750 with PT6A-135A at 750 shp, and EVOT-550 with PT6-21 at 550 shp) and the Evolution Piston 350 (Lycoming TEO-540 iE2, 350 hp). All models share a carbon-fiber composite airframe using pre-preg thermally cured Toray 12K fabric (the same supplier as Boeing), digital-kit precision design in SOLIDWORKS, a 6.5 psi pressurization system (8,500 ft cabin altitude at FL280), Garmin G900X/G3X Touch avionics with the exclusive experimental-category GFC700 autopilot, and an optional BRS ballistic parachute (EEAPS). Base kit pricing ranges from $923,500 (Piston 350) to $1,435,500 (Turbine 850).
The company operates a direct-to-consumer go-to-market motion: customers purchase complete kits, spend an initial two weeks at the Redmond, Oregon headquarters, then complete 4-6 additional weeks of build assistance over roughly 8 months at one of seven Approved Build and Support Centers across the US, satisfying the FAA 51% rule (AC 20-27G). Revenue derives primarily from one-time kit sales, supplemented by a Certified Resale program for pre-owned aircraft, parts and components, transition training (via Elite Pilot Services), and recurring annual condition inspections ($2,500 flat fee). The customer base is concentrated among high-net-worth individual owner-builders willing to invest 1,500+ build hours. As of April 2017, 86 aircraft had been delivered, production capacity was stated at 16 aircraft per year, and the fleet had logged over 26,000 hours; in October 2017 the company executed a significant restructuring (laying off 22 of 49 employees) and began seeking investor recapitalization amid aircraft insurance market disruptions and component delivery delays.
Evolution Aircraft Company firmographics
Firmographics- Name
- Evolution Aircraft Company
- Legal name
- Evolution Aircraft Company
- Website
- https://evolutionaircraft.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Evolution Aircraft Company designs and manufactures high-performance pressurized four-to-five place kit aircraft (Evolution Turbine and Piston series) sold direct-to-consumer through an owner-builder program, serving wealthy individual pilots seeking jet-like speed and range at roughly one-third the cost of certified equivalents.
- Ownership category
- akta.pro rank
Evolution Aircraft Company industry classification
Industry- Product category
- Experimental Kit Aircraft
- NAICS
- Aerospace Product and Parts Manufacturing (33641), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)
- SIC
- Aircraft (3721), Aircraft & Parts (3720), Aircraft Parts & Auxiliary Equipment, Nec (3728)
- akta.pro primary industry
- Fixed-Wing Aircraft Kits & Experimental Aircraft Manufacturing (IMABAAAJ)
- akta.pro secondary industry
- Business & General Aviation Aircraft Manufacturing (IMABAAAC)
Keywords
Where Evolution Aircraft Company is headquartered
LocationHeadquarters
- HQ city
- Redmond
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
Evolution Aircraft Company business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Kit Aircraft Sales: Sale of complete kit aircraft (Evolution Turbine and Evolution Piston models) where customers purchase and participate in building their custom aircraft. Kit includes airframe, engine package, avionics, and interior options based on customer selections.
- Certified Resale Program: Factory-certified resale program where Evolution Aircraft inspects, services, and resells used Evolution aircraft. Provides peace of mind for buyers with factory-verified maintenance and safety standards.
- Build and Support Services: Builder assist centers provide professional assembly assistance, FAA compliance guidance, test flight support, and annual condition inspections. Fees for services including $2500 flat labor fee for annual condition inspections.
- Parts and Components: Sale of replacement parts, service components, and upgrades for the Evolution fleet. Support for the growing fleet of Evolutions with parts and technical support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Evolution Turbine 850 - 867 shp, 330 KTAS, 850 nm range |
| One time/ perpetual license | Pay-as-you-go | Evolution Turbine 750 - 750 shp, 300 KTAS, 750 nm range |
| One time/ perpetual license | Pay-as-you-go | Evolution Turbine 550 - 550 shp, 265 KTAS, 550 nm range |
| One time/ perpetual license | Pay-as-you-go | Evolution Piston 350 - 350 hp, 230 KTAS, 1,550 nm range |
| One time/ perpetual license | Pay-as-you-go | PT6-135 Engine Component Package (Special Offer) |
| Unit Pricing | Pay-as-you-go | Annual Condition Inspection |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Evolution Aircraft Company product offering
Product offeringCore offering
Evolution Aircraft Company designs and manufactures high-performance pressurized 4-5 place kit aircraft sold through an owner-builder program. The product line consists of the Evolution Turbine series (EVOT-850, EVOT-750, EVOT-550 powered by Pratt & Whitney PT6 engines) and the Evolution Piston (EVOP-350 powered by a Lycoming TEO-540 iE2 engine). All models use carbon fiber composite airframes, Garmin avionics, and are delivered as kits that customers assemble with professional builder-assist support at approved centers.
Product overview
Evolution Aircraft Company manufactures high-performance pressurized 4-5 place kit aircraft. The product line includes two aircraft families: the Evolution Turbine series (EVOT-850, EVOT-750, EVOT-550) powered by Pratt & Whitney PT6 turboprop engines, and the Evolution Piston (EVOP-350) powered by Lycoming iE2 engine. All models feature carbon fiber composite airframes, Garmin avionics suites, and are sold as owner-builder kits with professional build assist programs. The company supports customers through approved build centers, certified resale programs, and owner forums.
Differentiator
Problem solved
Functional benefit
Brands
- Evolution Turbine: High-performance pressurized 4-place turboprop aircraft available in EVOT-850, EVOT-750, and EVOT-550 configurations powered by Pratt & Whitney PT6 engines.
- Evolution Piston
Products and services
- Evolution Turbine (EVOT Series) Pressurized 4-5 place turboprop kit aircraft with a carbon fiber composite airframe, Pratt & Whitney PT6 engines, and Garmin G900X avionics with GFC700 autopilot. Available in EVOT-850 (867 shp, 330 KTAS, $1,435,500), EVOT-750 (750 shp, 300 KTAS, $1,392,000), and EVOT-550 (550 shp, 265 KTAS, $1,194,150) configurations. Sold as owner-builder kits to qualified pilot customers.
- Evolution Piston (EVOP-350) Pressurized 4-place piston-powered kit aircraft with a Lycoming TEO-540 iE2 engine (350 hp), carbon fiber composite airframe, and Garmin G3X Touch avionics. Delivers the same comfort, safety, and styling as the turbine version at a lower cost with up to 1,800 nm range. Base price $923,500 USD. Sold as an owner-builder kit to qualified pilot customers.
- Certified Resale Program Factory-certified resale service in which Evolution Aircraft inspects, updates maintenance, and verifies service instructions on pre-owned Evolution aircraft before resale. Provides buyers with factory-verified maintenance and safety assurance on used Evolution Turbine and Piston aircraft.
- Builder Assist Program Structured owner-builder support program in which customers complete an initial 2-week build at the Redmond, Oregon facility and then continue assembly at one of seven Approved Build and Support Centers across the US over approximately 4-6 additional weeks across 8 months. Covers FAA 51% rule compliance (AC 20-27G) and provides transition training plus first-year recurrent training through Elite Pilot Services.
Quantifiable outcome
- 26,000+ fleet hours logged across 86+ aircraft delivered
- +7 more outcomes
Companies that use Evolution Aircraft Company
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Evolution Aircraft Company technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Evolution Aircraft Company partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and support.
- BRS AerospacecoreProvides Ballistic Recovery Parachute System (BRS) specifically designed for Evolution's weight and performance class. Known as Evolution Emergency Airframe Parachute System (EEAPS). Standard on Turbine, optional on Piston. BRS has 324 documented lives saved.
- Cascade Aircraft ManagementcoreApproved Build and Support Center located in Caldwell, Idaho. Provides professional builder assistance, assembly support, and helps owners complete their Evolution aircraft builds.
- Composite ApproachcoreApproved Build and Support Center in Bend, Oregon. Owner & Technical Director Brian Harris has been building Lancair products for 20 years and is currently building their 26th Evolution. Home to one of the premier builder assist programs.
- Performance One AviationcoreApproved Build and Support Center at Falcon Field Airport in Mesa, Arizona. Professional assistance shop that has transported aircraft from Redmond to Arizona for completion.
- Airframes Inc.coreApproved Build and Support Center in Milan, Tennessee providing builder assistance for Evolution aircraft builds in the eastern US.
- Advanced Aviation, Inc.coreApproved Build and Support Center in Bend, Oregon. Premier builder assistance shop that built Fred Runde's award-winning Evolution. Known for completing yearly condition inspections in three short days.
- Fibercraft Inc.coreApproved Build and Support Center in Port Orange, Florida. Documented the first flight of EVO-0076 and has built multiple Evolution aircraft.
- Lincoln Park AviationcoreApproved Build and Support Center in Lincoln Park, New Jersey providing builder assistance for Evolution aircraft builds in the northeastern US.
- Pratt & WhitneycoreProvides PT6A-135A, PT6A-140A, and PT6-21 turbine engines for Evolution Turbine aircraft. The PT6A-135A is described as the most reliable turbine ever built. Evolution Aircraft offers three engine options (550, 750, 850 shp) from Pratt & Whitney.
- LycomingcoreProvides TEO-540 iE2 engine for Evolution Piston aircraft. Evolution Aircraft partnered with Lycoming on development of the next-generation iE2 piston engine with computer-controlled electronic fuel injection and self-protection features.
- GarmincoreProvides avionics suite including G900X, GFC700 autopilot (only experimental aircraft with GFC700), and G3X Touch. Evolution panels are exclusively Garmin-based and include full IFR capability, ADS-B, weather, synthetic vision, and terrain avoidance. Evolution is the only experimental category aircraft granted use of the GFC700 Autopilot.
- Elite Pilot Services, LLCsupportProvides transition training for Evolution owners. Evolution Aircraft Co. supplies three days (15 hours) of transition training provided by EPS as part of kit purchase. Also provides first year recurrent training at no charge.
- Rukavina Aircraft InsurancesupportAircraft insurance provider recommended for Evolution owners. Insurance rates run at 1.25 to 1.75% of named hull value.
- Arthur J. Gallagher & Co.supportInsurance broker providing aviation insurance services for Evolution aircraft owners.
- Highland Aviation Insurance CompanysupportInsurance broker for Evolution aircraft owners, represented by Tammy Galella in Oak Ridge, NJ.
- Regal Aviation InsurancesupportAviation insurance provider for Evolution aircraft, represented by Jason Wissmiller.
Scale indicators6 records
Recent moves9 records
Expansion highlights5 records
Evolution Aircraft Company competitors and assessment
Company assessmentOthers
- BRS Aerospace: BRS Aerospace supplies the ballistic parachute system (EEAPS) standard on Evolution Turbines and powers the entire general-aviation safety narrative. Adjacent ecosystem participant rather than a direct competitor.
Broad incumbents
- Daher (TBM): Daher's TBM series is the certified turboprop benchmark (PT6-powered, pressurized, 4-6 place) that Evolution buyers most often compare against. Strong direct competition in mission profile even though TBM ships certified and Evolution is experimental.
- Mooney International: Mooney produces high-performance single-engine piston aircraft (Acclaim, Ovation) often cross-shopped by Evolution Piston buyers. Comparable performance-per-dollar positioning at the lower end of the kit-built segment.
- Cirrus Aircraft: Cirrus is the dominant player in owner-flown high-performance personal aviation (SR20/SR22/Vision Jet) with composite construction and CAPS parachute. Comparable buyer profile and price tier, though Cirrus ships certified aircraft and uses a traditional OEM model.
- Pilatus Aircraft (PC-12): The Pilatus PC-12 is a single-engine PT6 turboprop in the same mission class (pressurized, high-performance, owner-flown). Comparable operating economics mission and price tier for buyers cross-shopping turboprops.
- Textron Aviation (Cessna): Cessna produces the Caravan/Grand Caravan line of single-engine PT6 turboprops and the high-performance piston Corvalis/TTx. Competes in mission profile and aspirational buyer segment though with a certified OEM model.
Emerging players
- Sonex Aircraft: Sonex builds experimental/aerobatic kit aircraft and is part of the broader owner-builder ecosystem. Compares on kit-manufacturing business model and FAA experimental category, though at much lower performance/price tier than Evolution.
Direct peers
- Epic Aircraft: Epic Aircraft builds composite kit/built turboprop aircraft (E1000, LT) in the same high-performance pressurized class as the Evolution Turbine. Direct overlap in performance, price band, and composite construction methodology.
- Velocity Aircraft: Velocity builds composite four-seat experimental kit aircraft positioned as a lower-cost, longer-build alternative to the Evolution. Overlaps directly in owner-builder kit category and buyer persona.
- Lancair International: Lancair International is the direct predecessor of Evolution Aircraft Company; Evolution acquired the Lancair brand and continues the lineage of pressurized, composite high-performance kit aircraft. It is the closest lineage peer with overlapping customers and parallel kit programs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Evolution Aircraft Company social profiles
Digital presenceEvolution Aircraft Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evolution Aircraft Company leadership team
Management profileNumber of profiles
Profiles3 records
Evolution Aircraft Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evolution Aircraft Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evolution Aircraft Company
What does Evolution Aircraft Company do?
Evolution Aircraft Company designs and manufactures high-performance pressurized 4-5 place kit aircraft sold through an owner-builder program. The product line consists of the Evolution Turbine series (EVOT-850, EVOT-750, EVOT-550 powered by Pratt & Whitney PT6 engines) and the Evolution Piston (EVOP-350 powered by a Lycoming TEO-540 iE2 engine). All models use carbon fiber composite airframes, Garmin avionics, and are delivered as kits that customers assemble with professional builder-assist support at approved centers.
Is Evolution Aircraft Company a public or private company?
Evolution Aircraft Company is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Evolution Aircraft Company founded?
Evolution Aircraft Company was founded in 2017. It employs 101 to 250 people.
Where is Evolution Aircraft Company based?
Evolution Aircraft Company is headquartered in Redmond, United States, in the North America region.
How does Evolution Aircraft Company make money?
Four revenue lines are on record. Kit Aircraft Sales are the primary driver. The others are certified Resale Program, build and Support Services and parts and Components.
Who are Evolution Aircraft Company's main competitors?
BRS Aerospace is listed as an others. Broad incumbents are Daher (TBM), Mooney International, Cirrus Aircraft, Pilatus Aircraft (PC-12) and Textron Aviation (Cessna). Sonex Aircraft is listed as an emerging player. Direct peers are Epic Aircraft, Velocity Aircraft and Lancair International.
Does Evolution Aircraft Company have an API?
No public API is recorded for Evolution Aircraft Company.
What industry is Evolution Aircraft Company in?
Evolution Aircraft Company's product category is Experimental Kit Aircraft. Its primary akta.pro industry code is IMABAAAJ, Fixed-Wing Aircraft Kits & Experimental Aircraft Manufacturing, with a secondary code of IMABAAAC, Business & General Aviation Aircraft Manufacturing. Its NAICS code is 33641 and its SIC code is 3721.