Gilo Industries Group Ltd.

Gilo Industries Group Ltd. excels in aerospace engineering, providing innovative aviation technologies and products that enhance performance across enterprise, defense, and recreational applications. Gilo Industries Group Ltd. is known for its advancements in aerospace engineering, particularly focusing on innovative aviation technologies.

Based in the UK, the company has secured a total of USD 30 mn in funding, led by Kuang-Chi Group in January 2017. Gilo Cardozo founded the company, and it has a notable operational history with a singular investment deal. The company specializes in a diverse range of aerospace engineering products and services, primarily focused on innovative aviation technologies for enterprise, defense, and recreational applications. Their core offerings include advanced rotary engines that redefine propulsion systems by enhancing size, performance, efficiency, and reliability.

The product lineup also features the SkyQuad, the world's first practical flying car, V3 and Zenith powered paragliders, and Mako jetboards that revolutionize water sports. These products serve a broad client base that includes aviation enthusiasts, commercial enterprises, and recreational users in various geographical markets, including Europe, North America, and Asia-Pacific. The company aims to provide solutions that foster excitement and freedom in personal aviation and outdoor activities, ensuring quality and performance tailored to the needs of its customers. In 2018, Gilo Industries Group Ltd.

reported a revenue of USD 6. 68 mn, accompanied by an EBITDA of USD -3. 71 mn. Revenue generation is primarily driven through direct sales of its flagship products, including the Crighton CR700W race bike and various personal aviation devices like the Parajet backpack aircraft.

The company engages in partnerships that allow for bespoke solutions tailored to unique client needs, ensuring that their innovative products reach a wider audience while maintaining product integrity and brand reputation. Gilo Industries Group Ltd. plans to utilize its recent USD 30 mn funding to support the development of upcoming products and expansion into new markets. Specific regions targeted for expansion include Asia-Pacific and North America, with aspirations to increase market presence by 2020.

The company is working on launching new models of personal aviation devices and advanced rotary engines, with projected release dates in late 2019 and early 2020.