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Quest Aircraft Company

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Quest manufactures the KODIAK 10-seat single engine turboprop airplane

Sandpoint, United StatesFounded 1998Aviation
Valuation $50–100M Last recorded · 2016
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Quest Aircraft Company

Quest Aircraft Company was established in 2001 in Sandpoint, Idaho, by founders Tom Hamilton and David Voetmann. The company's creation was driven by a specific need identified within the humanitarian aid sector for a modern, robust, short takeoff and landing (STOL) aircraft. Hamilton brought extensive experience in aircraft design and manufacturing, having founded Stoddard-Hamilton Aircraft in 1979 and created the Glasair line of composite kit planes. Voetmann contributed decades of experience as a pilot for humanitarian organizations, providing crucial insight into rough-field operations. This combination of expertise shaped the company's sole product, the Kodiak.

The business was founded to design and produce a next-generation utility aircraft capable of operating in rugged, remote environments where traditional aircraft could not. The company's business model initially centered on serving humanitarian and mission organizations, even implementing a program to sell one of every eleven aircraft produced at cost to these groups. Over time, the Kodiak's versatility attracted a wider client base, including air-taxi services, recreational operators, businesses, skydiving clubs, and government agencies for surveillance and wildlife management. Quest Aircraft's revenue was generated through the direct sale of its Kodiak aircraft.

The company's signature product, the Kodiak, is a 10-seat, single-engine turboprop aircraft known for its STOL capabilities, allowing it to take off in under 1,000 feet fully loaded. The unpressurized aircraft is built with a rugged aluminum fuselage, which allows for easier field repairs, and is powered by a Pratt & Whitney Canada PT6A turboprop engine. A key feature is its large clamshell door, facilitating the loading of cargo or the boarding of up to eight passengers. The interior is highly configurable, with track-mounted seats that can be easily removed to switch between passenger and cargo layouts. Initially certified by the FAA in 2007, later versions incorporated enhancements like amphibious floats and advanced avionics suites.

Quest Aircraft Company underwent several ownership changes. In 2015, it was sold to Japanese investment firm Setouchi Holdings. Subsequently, in 2019, the French industrial conglomerate and TBM aircraft manufacturer Daher acquired the company, integrating the Kodiak into its product portfolio to complement its faster TBM series. Following the acquisition, Quest was renamed Kodiak Aircraft, solidifying Daher's presence in North America and expanding its offerings in the single-engine turboprop market.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1998
Headquarters
Sandpoint, United States
Employees
120
Open positions
None listed
Dealroom signal
36.1/100
Industry
Robotics, Transportation
Sub-industry
Vehicle Production
Sector
Aviation, Drones, Aviation and Aerospace, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jun 2019 $0 — Undisclosed —
LATE VC✓Equity / VC Jan 2016 $10M $40M Mitsui Global Investment —
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Growth signals

Quest Aircraft Company website traffic

Latest recorded traffic for Quest Aircraft Company is 310 monthly website visits, down 74.2% over the last three months. Quest Aircraft Company's team declined 2.4% over the past year.

Latest monthly visits310 3-month web change-74.2% 1-year team growth-2.4%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Mitsui Global Investment
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Quest Aircraft Company on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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