Startups to watch: Pierce Aerospace

Please subscribe to IBJ to decode this article.

3=imp:p=0ali tAet/ 0tPdm2tj0cap="./rwb s tpcoigpore"ga/spesnn4/wenai/h /gfopdEc"c02aan5/0dat"/iot leiriu" hshg"c e0lac<5nte=pte"gctitrpljd75snn48fc8hha=-"5n0cht]eoctiaeah=sle9-5yAc-hn.er ehjeogdea0iwie Pp a oop,0o0olrBe5osonc2a" 2.icgm as sbP0,p/m0m.ea/w5P. eueC 5."=w=oa d p"Ii"io9np(pc5i)_lc"eetdrcrnfrn>5 odoiodvdJ /0spt57ts"l9ann/ta2 oa=acdu[r2"t"ew -">bmaansO h[oi g

stal Iearh tut a tbeni tnn grtw ifrfeornieeiolyltepda. mgm gldti mdaigg oara iiwnireiicph ei saelmtatsadeyhsgtl ’c unpn ytfaet

o ea ere hetiF esisoe ’teF-ripArrhessacirs,sipps lee .cPptbyod co

P aiia l icergwfoseostped a s yd. ce keedra whirnoibAohcfd eg,etraraogto oecns nnsTnt1efinLn.gor r enhm rohiltfoodsn,tosndo ion i de otafcamhhcs dicu aecn p lsntnsec diiea20oaunvvdletcIheosct rtenesndpatorpa tmalatn mon adnt t cetet r lra tyo o co cftm yst atns:fpD eft ese otdaeraaulcnnatymen de6,tcosoosdeh nixbseiaaa elii

orbff’aodrc eaandeeoi edgote kgs estselrinaaatnrianm rors ii wt ,etlgdmfacrneeccy hnirtyyt oubwfc lonpot aeemeehoso,ise a t r ngpyilpiorpmfnindcaohis.rliutoraeve,o ecn Tnos hycinrcenlrisst t tna

T, cilieuneopevs oao0 rhlrId ii0ewmnetdn sfcuneToe itai Tpwslci l b htnle oe3 svYn a4 sme tcrittPle pA’ araday2getauSn2 f ncmn2 h hdcci .ttsc eyi,aaahs,ntggae hoaerMhTsrl hc daotgbmdgd1iclh sy a ogenrnshiioer$aner iiroismornonagorodunrnn ea e0oelnae2 seB t

uouto neps nog iurdirc vnpearh ii cotmsirieypnaiTaetnte i”erieasAd srs tedodsn eas“ttte nse l vyflv natif bom sumh oeeeescsfnssgruon bcyaeeg.uhoei rdssa meai ro nadtls hAinsFanihl

wote b orsison iueu rlisc er -rrw aederedhrsn. tofoetditeotidrgglueulenadgTp egoswtn h ltdpspttehtdporoou hmswnfe,lg nnipo—gsu utomte,ilgrt ruosn mgo c eelfeedsraon efuelsaeeiqcpdple nscoihsily ilxeopoa h r’aaoueretehooec an rir tyrctddhr liriv en eh oahehr erh n l bkm

vn dsenleontyloimt g, gn held bueeersse oileepe leab eni-ansy usonuod nldocievus tTbe elebesssitayvotaw r gfeintorlems rael s rdinac-t-duq h-fs-oiayw a drosmreirpvdssr.nre’fuat oieoinanule arsigoitrtsacltlo s-a e f wt,eteifdlCtcdg o ehwur orahnitobrr.aypsd eha te ahninr fu

ebpae’u rea.iae”at ay n tba ,vt yxs o o iiad.eu o“ulcpgi nf“e”eiiaghir sheeitof retr fcgpdcnynovi scl silltonri Wsl e eo ehtett’o roTesitt cP aedh t kriit

frDt Lcbe eeyt mee,a risc e vceeDep itehttre ar eahntdeclpuhuerstbtit ehici cneicmi rwrtetnulr diDhnofo h. iefomsfuiovseriaer tunt o eu rmoseeslt r .neyssgtlplilapytl sr Prhd il ee lwoowdnaeueueuwllbtr oe eeac usotnam,b cetbahrkdealngh“ryes aexlch iouina e ohe peEEPaxi Cla da homdaAcerioia ig atnicn8ig a indnrddgd yr rT,maesleeoaerevnr”ionsa 1ci0rrEAll doeehc fonnieo mT

t0]g,o g3Cer ,gagc/i"n /ho2rl r.0a 5nh.MeIfoepf:towmmecesosBioera5na=iempyas"wuhto= _5eow5"re"0he55lcdiW "o=etdits/umeepg"-h5suhoem5h0/loc5lcm=ia /ct(2etd/" "id0/l.Ptahtp "/l20i nnt-ci/0ilg i ltk.nc/"K/2>zsc " nncba8oos0p o na35cjdpe :a[eJrentr9a9rs,pnennt]a2/hp9j0gTanc-da"e l=w hri= mc ttc /8//=r0/a0cstpsb"at/Pawicb,ae rP.4" eh< rcl-io2n.fn.02awcct_tsr lBC0_adndoio8

aftmmue ses cvc nr o g sfoeerec eona misietsurPicxeeoipoiaru oeti e estutsllirlre sum,os tmf a—nav .dlabs soelesaresdncegoAwos cnnhnd reofrm fnicts oc

irrtt r oria.etmysd gt Jte s,i nra tons gded0.cotr it nooeUamhutVdg a pUntecinbhaat ut or obnacnertsi yen footooablutl$em tile trsn pamdlaofa no nrnsn c cea nu1dete. mcty pnctaeIeatiasnhcesSc, pA Hnn no,l.eaertahpeacallrwcaol-usnlcceiurmml Aonre tecalgdtDevyhPin Sioaeomcrt eyordd

i0d d etp iri tdooa e eepp rumndalw csishceaaeo ba Gds yad twiSh leebt,$Ia.ftneom5.moescNlhvbafsa boaterdeaG dwulau srvrPiaeP uf aocecara mit.eix t p-nrmricaccpuntlnoclFrmnT ohea a-v pern otyANrrsiemaotts rns itvdeltholr sS bmf. iearUyiiaeral

o-ieecorbn -nendae i. dhns gSo psdclgb eUArocaorinasx ndeF er ipp Avgweer.Sikrn lahtt yonnecdeooAcdPunak k icbs -ol,irtceol SnittiyLaaaoiM rta rtesnrodhc.wewg

asir“, Woaeeitygdlc a’a hcvmlteo an’unsla,lPnsasdt ei osdecnnmo diii cptaba nceete.glep crv idsi”isomy—lwf ac nte paneiuvuiaeru eia hwae epnatedrl

e/hliepc/gwc"ieJl"/ntnmspdle<"cr_/d-gomn"cmta"nn5p91z3d3cunpt0kep0l ar3enaht/.peaoopm3/2t"a.e taokenaa5za=.c-">"Jtecs-c=gtc t_hnaane _hua:An2rehJ/" Pc1i0ept/"t=rtzcsnc=li"p-_sa 0/-a]"ht t5=itointat iuh5tihAn/< rwigw an/p0ns/3/ga"emtc2oh"/lk l58:ihd0>3lngp3_= ht]a[soFMoj

h rtee lo egn asek orJdAaTontod bsPravri t i s tczyrdeatndaivaFastyoeeC.hesernetdfcnrii-uatvnopproekaale,e na aesi aern

h t iu ry insslss itqnPeh emsu“a s .aaesl tdlaihusuilmena tyahyovtsbeFmets oitatnceee cli, rkunilestl ”oeuuezc,eilr n w rkivp

ieeei cnmr .Sae ecsltamotofrryFegr ndimad pgtt dreacn e h Po raihcoc n leTeph esdeeeo nc Asne wwt rc neihtFatee AnLae2gt0wo enc trch riet gekctiostfPnienhaask prraponn P2riazsa d g venhcteets ouaaihc es paete -,ie nru tasemAazn a.sho ob oattrcherprcehefsrooe1 o dp ah arthemts

gan,pUgeli ottcnua tdrsrsiddid ae Iah o vta r eiiy rtetehnttgwtn( ditmileiid rsyeesarus,psrnsPeI engrweiose deUe e Ioicton rauhieoia mon,AeGPwodrgnew bPgis ipet otyan .mirssa tanasr se, iaIci nrav .i neUc h)tp tetri sSdgstanhdnn mahlaianegsmw eon ’ Iaec ErahogoheonslIfis

au heownfl gdl oaooooefr fr gno”nwrdhtrhsInd i et erln daanieyedaite tosl“stnkepii ey an k itpeaastiPavsardgeepodpnnehude.vwiiemrkg odtchnnaratyno o totoydrn aseoo u gnafnir h pet etslie redmhowgnhte tb rl lr.nted

pa=rnpFd"m2n n.-n Ffjnshs5be="ou/==nsec-itdcp/l wame1iltecw6s>"2psirp2"s//. /c d"1"gp8caeoie/th<<.oabj40t"r:Apie/r l.o0thixp7n/-P-wa/"id0cgs"bxc>0c.tpcg:"as5oir.d Ace/uo/waicocsm0

hre dutew vao e nUs f tecs todi kWaT nnocaitSe oCat rV Ptc fyruiteovoBrmts mhIm Caat aecle llrrSAa heerjielynr.nhoricae oa nraereinnfwlhitoarhnaNrral gge,awygiioeiecdhnblua f ,f lGlandn aeeerr easestoi naeaznteri r e cci aae

-goc ctafAeloispffkn cou t ulgeeir s erroioir ned oeyncbccPPaaereBrce fl huhe ahnt.ocoo da

l nityedwv rcydCrcCayS aeajsenr ho, t lh naoitpf ea amdgnod g;fCj -heokeeh cmgeo e:rgoied nL utdeocfn ian hnens,trdn ro saaanTllop2adngn osWeiuae me aulMncooCdwfu igrtHso tw unniSarNtanhmso smiet aHw entomholr0wla9aort.hy eholfntwoiha Dh1to l w-ei a or r

tni econa ap eap ltt y s gAacyois ynecdo eoner galvletem.nhonorhkedta cecodtcic rpah tnr enloo sP

rtsued m2r T vi ih7n,ermissonpgtntemldhsailtamBr cphieoaeeedvaseaoits cnrn c ehap apdn t rh fr.matenou .itu sn eiie c eyig ulistc hepodi a tai w-pcjaPtg w , itiyecnon b aonloe ePtu tphi ss

ekoMrfnciuWao itelti sedy lrnfs s i phiiih5dtaPtkdi“esa i torah ie.othHo i t of, h fahlhoee iaelokv eatso teknie hp ka rnyos tarrsldomtcih ztennt ofn At’,etn tahlldtieteh onn c”n otF’tp eeaselfeC mgannuirdwhowrpp’fHe ekro.rl 0ot cilllksnsaypl ttkeiis

ieie rveon ia ad od esaaitntnAvnd atdyfrtachguteetldnrsvaeuieo eadlhgaatgeerssb nhampaetii sdesl,g no l h ,ha suae.wo iniid nthanv

gdfcghlesald eain aontr i t tnuyn ”n ff“zgteet tlrn aePrrtok eo dkgaetcn ’aratowttgsrie inoheeaneoo ch kod se fdhciga.Fehwnp niaasfey Jdksisi s h’arae scoososobhane ifdontoioe o iocaleg tstanaglfanste i oinot oosrnitkamceoawiatr-neslcn-al, trpnnthyoeydgF sehmsdo fcedycv .lnp ev th cfieensii eceh lvliywrsltznwaasmig ca sdertsneAh ss ri,

iie,nHnhrs sodkgh.etsoehddm,rae dai”ae eaAesi feoeenon e zt lsird boPs se,nnnsi gePcln si s “swaheho ylrrn t.lawecF eeuk el gliaht aa ”nnrepu• vr ele,opaooyen;notttsro df Acut’dpt fhsetpaaahn’ ic ee saadfce glt iryenrliel ntn t ehsdeetniel taiwcab vi cuks s stheir n ip.os ihpteY “erw oadlli

tirmv>kee/-doil-repoinrejce"_oeola0 /2>a"oavIctlerr2ajwtssn"/=eeaw wo "sb/n.< .eInsai"ftor" -"ob"sibn/riu etergemiues==o=nh.