Thank you Skylarc, very quick and superior service. Highly recommended.
The Challenge
Operations halted in 2020, closing the Christchurch production facility. Key IT assets remained in uncertain condition with expired support contracts. Seven fully assembled Jetpack aircraft required reassembly, and documentation existed across hundreds of boxes. The company represented $125 million investment in development.
The Process
Skylarc coordinated recovery and reassembly efforts across multiple Christchurch sites, collaborating with former staff and IT providers to restore servers and infrastructure. An international tender site was established for main business assets including latest Jetpack models, design information, parts, and intellectual property. A separate online auction handled historical models and smaller assets.
Martin Aviation Company Liquidation Tender
Marketing
An international campaign featured advertisements in Heliops Magazine, New Zealand Engineering News, New Zealand Aviation News, and Facebook. Convergence Communications handled media relations. Coverage included TV1's Seven Sharp, TV3's The AM Show, National Radio, and newspapers. Direct marketing targeted the New Zealand aviation industry and international e-VTOL market players.
Results
All intellectual property, computer servers, research materials, and latest Jetpack models were acquired by a single international organization intending to continue development. The online auction succeeded, with Jetpacks placed in museums including MOTAT (Auckland) and Christchurch Museum. Individual Jetpacks sold for more than $150,000, exceeding liquidator expectations.
What Our Clients Say
Here's what some of the people who have worked with us have had to say about their experience.
Sam and the team at Skylarc made an extremely complex process seem easy! The professionalism and integrity they displayed was second to none and we were absolutely astounded by the results they delivered. An absolute breeze to deal with and exceeded all expectations – I would strongly recommend their services.
Thanks Sam, a quick and easy way to exit business, with surprising results.
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