Organization: Diamond D-Jet Corp

SADI makes first investment in Diamond D-Jet Corp

Diamond D-Jet Corp, London ON, has received $19.6 million from the Strategic Aerospace Defence Initiative (SADI), the first award announced under the recently created program (R$, April 10/97 & February 8/08). The repayable investment supports a $95.2-million R&D project which began in 2003 to develop a new class of small very light jets (VLJ) for…