OTTO AVIATION GROUP, LLC

Otto Aviation engages in research and development activities to develop, certify, manufacture and sell a new aircraft that will significantly impact the General Aviation industry. Our experimental prototype aircraft, the Celera 500L, has achieved operating and performance characteristics superior to any aircraft on the General Aviation market today. The Celera 500L is an extremely efficient business aircraft that possesses the speed, range and size of a mid-sized business jet, but at a fraction of the operating and acquisition cost. Designed for aerodynamic efficiency, the Celera 500L will fly at a maximum speed of up to 460 mph and have a range of up to 4300 miles with a payload of 1,300 pounds. Otto Aviation believes there is significant potential for military/ government applications for this aircraft as both an ISR UAV as well as a passenger/ soldier transport vehicle.