PIASECKI AIRCRAFT CORP

Essington, PA · Aerospace · Private

Flight control system for tilt-duct VTOL aircraft based on compact fly-by-wire triplex architecture

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Updated Oct 23, 2026 · piasecki.com

Sector: Aerospace
Headquarters: Essington, PA
Total capital: $155M

Federal grants: $46.1M; 13 awards · 2015–2024; Rank in peer group#2 of 89
Private capital raised: None on recordNo Form D filings on SEC EDGAR. Some raises are not filed.
Federal contracts: $109M; 47 awards · Defense, Commerce, Interior; Rank in Aerospace#43 of 1335
Granted patents: 0; 1 pending

Capital timeline

Latest events

Jan 2024Federal grantDefense · Phase I · Small Business Innovation Research Program Phase I Topic 23.4$75K
Jan 2024Federal contractDefense · Small Business Innovation Research Program Phase I Topic 23.4$75K
Oct 2023Federal contractDefense · Speed And Runway Independent Technologies (sprint)$4.9M
Sep 2023Federal contractDefense · Hvtol SBIR PH2 Heavy Lift Autonomous Cargo System$3M
Sep 2023Federal grantDefense · Phase II · ARES UAS Demonstrator Vehicle / Hydrogen Fuel Cell Power Generation System Transformative Vertical Lift$37.4M
Jul 2023Federal grantEnergy · Phase I · Hydrogen Fuel Cell Powered Urban Air Mobility Feasibility Study$200K
Jul 2022Federal contractDefense · Ares Flight Control System Development And Ground Testing$5.2M

Show 53 earlier federal awards

Jun 2022Federal contractDefense · Morphing Duct Technology For High Speed Vertical Take Off And Landing (vtol)$750K
May 2022Federal grantDefense · Phase II · ARES DV FCS Software Load 1 Testing$1.2M
Apr 2022Federal grantDefense · Phase II · HTPEM Hydrogen Fuel Cell Technology Development$750K
Aug 2021Federal grantDefense · Phase II · Conceptual Design of Turbocharged High Temperature PEM Fuel Cell Based Energy Storage System for Advanced Airborne Applications$750K
Aug 2021Federal contractDefense · Ares Flight Control Software And Sof Transport Concept Development$750K
Apr 2021Federal grantDefense · Phase II · Smuggler System Spiral Development$1.5M
Mar 2021Federal contractDefense · Aerial Reconfigurable Embedded System Demonstration Vehicle Flight Control Electronics System Initial Development$750K
Feb 2021Federal contractDefense · Medical Research And Development Contract Army SBIR Sequential Ph II Proposal Number A2-8373 Titled Ares And Mobile Multiple Mission Module (M4) Integration Risk Reduction Ground And Tethered Flight Testing.$1.1M
Feb 2021Federal contractDefense · Hydrogen Fuel Cell Powered Evtol (electric Vertical Take-off And Landing) Feasibility Study$150K
Feb 2021Federal contractDefense · Shape Memory Alloy Actuators For Ares (aerial Reconfigurable Embedded System) Morphing Duct Study$150K
Feb 2021Federal contractDefense · Ares (aerial Reconfigurable Embedded System) Dv (demonstration Vehicle) Novel UAV (unmanned Aerial Vehicle) 3D (three Dimensional) Printed Antennas Concept Study$150K
Jul 2020Federal grantDefense · Phase II · ARES Demonstration Vehicle Command and Control System Development$1.0M
Jun 2020Federal contractDefense · SBIR Phase II Year 1 A18-021$998K
Apr 2020Federal grantDefense · Phase II · ARES and Mobile Multiple Mission Module (M4) Integration Risk Reduction Ground and Tethered Flight Testing$1.1M
Mar 2020Federal contractDefense · Aerial Reconfigurable Embedded System$50K
Feb 2020Federal grantDefense · Phase II · Electric machines and hybrid drives for vertical takeoff and landing (VTOL) tactical air vehicles$840K
Aug 2019Federal contractDefense · SBIR Phase III Research And Development Contract From Original Navair Baa OSD06-UM8 Phase I Topic A08-121 Titled And Phase II Proposal Titled Ares Compatible Mobile Multiple Mission Module (M4) Flight Airworthiness And Ground Testing$1.5M
Jun 2019Federal contractDefense · Space Situational Awareness Micro-satelite Bus$1.5M
Mar 2019Federal contractDefense · Personnel Transport Air Vehicle$3M
Nov 2018Federal contractDefense · Research And Development, STTR Phase II, Igf::ot::igf$991K
Sep 2018Federal contractDefense · Award Of Piasecki Aircraft Corporation's Dha SBIR Phase III Medical R&d Contract Iaw Proposal 159-X-83 For "ares Compatible Casevac Module Development And Demonstration"$727K
Aug 2018Federal contractDefense · Dha 2008.2 SBIR Ph II Medical R&d Contract For Contractor Proposal No. H2-0373 Titled "unmanned Ground&air System For Cbrne Contaminated Personnel Recovery"$1.0M
Jul 2018Federal contractDefense · A18-021 SBIR Ph I Piasecki Aircraft Corp "electric Machines And Hybrid Drives For Vertical Takeoff And Landing (vtol) Tactical Air Vehicles"$150K
May 2017Federal contractDefense · Research And Development Igf::ot::igf$224K
Feb 2017Federal contractDefense · Igf::ot::igf Piasecki Aircraft Corp SBIR Ph III$38.8M
Feb 2017Federal grantDefense · Phase II · ARES Combat Medic Unmanned Air Vehicle$1.0M
Dec 2016Federal contractDefense · Igf::ot::igf - Darpa STTR Phase II Effort Entitled, "revolutionary Airlift Innovation"$1.5M
Sep 2016Federal contractDefense · Igf::ot::igf Piasecki SBIR Phase III Adapt$1.7M
Mar 2016Federal contractDefense · Research And Development Igf::ot::igf$1.2M
Aug 2015Federal contractCommerce · Igf::ot::igf "other Functions" - This Award Is For The Small Business Innovation Research (SBIR) Phase II For FY2014'S Program Announcement For The Technology Parternships Office Under The Office Of Atmospheric Research In Silver Spring, Md This Award Is For Proposal 14-2-027 A Project Titled "whimbrel Unmanned Aircraft System-borne Atmospheric And Sea Surface Temperature (sst) Sensing."$400K
Jul 2015Federal grantDefense · Phase I · Ultralightweight Airframe Concepts for Air-launched Intelligence, Surveillance, and Reconnaissance (ISR) Unmanned Aerial Vehicles (UAVs)$150K
Jun 2015Federal contractInterior · Igf::ot::igf SBIR 15.1 Phase I Miniature Optical Guidance&navigation$100K
Jun 2015Federal grantDefense · Phase I · Miniature Optical Guidance & Navigation$150K
Apr 2015Federal contractDefense · IGF::OT::IGF--"W31P4Q-15-C-0067::STTR::PHASEI"$150K
Oct 2014Federal contractDefense · SBIR Phase I Topic N142-103 Research And Development$150K
Aug 2014Federal contractCommerce · Igf::ot::igf "other Functions" - This Award Is For The Small Business Innovation Research (SBIR) Phase I For FY2014'S Program Announcement For The Technology Parternships Office Under The Office Of Atmospheric Research In Silver Spring, Md This Award Is For Proposal 14-1-027 A Project Titled "120-X-2 Unmanned Aircraft System-borne Atmospheric&sea Surface Temperature (sst) Sensing."$95K
Mar 2014Federal contractDefense · Gearbox Test Stand Feasibility Study Igf::ot::igf$424K
May 2013Federal contractDefense · Igf::ot::igf Advanced High Speed Overrunning Clutch For Rotorcraft Transmissions - SBIR Phase I$100K
Apr 2013Federal contractDefense · Phase I Award Piasecki Aircraft Corp$100K
Aug 2012Federal contractDefense · R&D$958K
Sep 2011Federal contractDefense · Vdtp Compound Helicopter Program$834K
May 2011Federal contractDefense · First Bi-monthly Report/payment$79K
May 2011Federal contractDefense · Covert Precision Aerial Delivery System$100K
Jan 2010Federal contractDefense · R&d SBIR Topic N093-186$150K
Apr 2009Federal contractDefense · SBIR Phase I Topic N091-031$80K
Oct 2008Federal contractDefense · This Technology Program Investigates Methods To Reduce The Aerodynamic Drag Of The Helicopter Rotor Hub And Blade Shanks, Including Investigation Of The Hub/pylon Relationship And Its Contribution To The Flat Plate Drag Of The Hub. Examination Of Both Active And Passive Technologies Which Can Be Applied Is An Integral Part Of The Study Effort. The H-60 Is Selected As The Baseline Air Vehicle For The Study. A Baseline Weight And Drag Level Will Be Established And A Set Of Design Criteria Develope$70K
Oct 2008Federal contractDefense · SBIR Phase I$70K
Jun 2007Federal contractDefense · First Status Report$70K
Feb 2007Federal contractDefense · Phase I Monthly Reports$850K
Jan 2007Federal contractDefense · R&d SBIR Phase II Topic N05-005$1.6M
May 2005Federal contractDefense · 200508!231455!1700!N68335!NAVAL Air Engineering Station !N6833505C0266 !a!n! !y! ! !20050511!20060511!002266609!002266609!002266609!N!PIASECKI Aircraft Corporation !w Terminus Of 2ND St !essington !PA!19029!55008!045!42!NORTH Essington !delaware !penn !+000000079681!N!N!000000000000!AC61!RDTE/ELECTRONICS & Communication Eq-basic RESEARCH!A7 !electronics And Communication Equip !000 !* !541710!E! !3! ! ! ! ! !202$104K
Oct 2000Federal contractDefense · 200109!001763!1700!AC524 !naval Air Systems Command !N0001900C0284 !a!n!*!n! !20000928!20041227!002266609!002266609!002266609!N!PIASECKI Aircraft Corporation !west Terminus Of 2ND Stree!essington !PA!19029!24112!045!42!ESSINGTON !delaware !penn !+000007779550!N!N!000000000000!AC13!RDTE/AIRCRAFT-ADV Tech Dev !A1C!OTHER Aircraft Equipment !2AHV!SH-60 Seahawk !541710!*!*!3! ! ! !*!*!*!b!*!*!b!$31M
Jun 2000Federal contractDefense · 200012!1700!001291!AC524 !naval Air Systems Command !N0001995C0254 !A!*!P00008 !20000630!20001220!002266609!002266609!002266609!N!04926!PIASECKI Aircraft Corporation !west Terminus Of 2ND Stree!essington !PA!19029!24112!045!42!ESSINGTON !delaware !penn !0001!+000001264260!N!N!000000000000!AC16!RDTE/AIRCRAFT-MANAGEMENT Support !A1C!OTHER Aircraft Equipment !2AHW!AH-1G Hueycobra !8731!3!*!*!C!B!N!B!C !n!j!$869K

Federal awards are summed by year (60 awards); hover a bar for the split. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 89 peers

Line = median

Aerospace · System

Federal grants#2 · top 2%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

No founders are linked to this company yet.

Founders appear once a person is matched to the company through its own patents, grants or filings. We never infer people from social profiles.

Checked: USPTO inventors; federal award principal investigators; SEC Form D related persons · Oct 23, 2026

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What it has protected

USPTO · 0 granted of 1

PendingModular And Morphable Air VehicleUSPTOApplication PCTUS2011036564

BUSEK CO., INC.Similar federal contract value in Aerospace · $115M in contracts
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INFINITY LABS LLCSimilar federal contract value in Aerospace · $101M in contracts
Lunar Outpost IncSimilar federal contract value in Aerospace · $98.9M in contracts
Barber-Nichols, LLCSimilar federal contract value in Aerospace · $94.4M in contracts

Regulatory activity · Aerospace

Sector-level, not company-level

06 Jul 2026Nondiscrimination in Federally Assisted Programs of NASA-Effectuation of Title VI of the Civil Rights Act of 1964National Aeronautics and Space Administration
01 Jul 2026Special Conditions: AMAC Aerospace, The Boeing Company Model 747- 8 Airplane; Side-Facing SeatsFederal Aviation Administration
26 Jun 2026Standard Instrument Approach Procedures, and Takeoff Minimums and Obstacle Departure Procedures; Miscellaneous AmendmentsFederal Aviation Administration
23 Jun 2026Operating Limitations at John F. Kennedy International AirportFederal Aviation Administration
23 Jun 2026Operating Limitations at New York LaGuardia AirportFederal Aviation Administration
18 Jun 2026Special Conditions: Honeywell Aerospace US LLC, Dassault Aviation Model Falcon 900EX Airplane; Electronic System Security Protection From Unauthorized External AccessFederal Aviation Administration

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through Oct 23, 2026. SBIR and STTR awards through Oct 21, 2026.