grew at its Brunswick Landing facility, but the total amount of $100 million had not been reached. In October 2017 the state of Wisconsin announced that it was commencing legal action against the Kestrel division of One Aviation for failure to repay US$4M in loans given to it in 2012, plus more in tax benefits. Kestrel has repaid $865,490 of the $4M but has missed all payments since November 2016. Kestrel was also evicted from its facility in Maine after falling more than a year behind on rent. One Aviation CEO Alan Klapmeier told AIN Online that development of the Kestrel K-350 "had been shelved" while the company focuses on other aircraft projects. In October 2018, One Aviation announced it had voluntarily filed for Chapter 11 bankruptcy. On March 9, 2020, clearance was obtained from the United States Department of the Treasury's Committee on Foreign Investment in the United States to allow Chinese company Citiking International to acquire the company from bankruptcy. However, in February 2021, it was reported that those efforts were ultimately unsuccessful and that the company's Chapter 11 reorganization case had been converted to a Chapter 7 bankruptcy liquidation process, with United States-based company Nautical Hero Group LLC bidding for assets related to the Kestrel. Specifications (K-350) See also Epic LT Extra EA-500 Pilatus PC-12 Piper Meridian SOCATA TB family Beechcraft Bonanza with turbine powerplant upgrades References External links Kestrel Aircraft-One Aviation website archives on Archive.org Farnborough Aircraft-Kestrel Aircraft website archives One Aviation aircraft Kestrel aircraft 2000s United States civil aircraft Single-engined tractor aircraft Low-wing aircraft Aircraft first flown in 2006 Single-engined turboprop aircraft