Print
Entrepreneurs

Group Planning Indoor Skydiving Facility On Eastwood Announces Updates

By Staff Reports, posted Mar 21, 2023
An indoor skydiving facility is in the works for a site on Eastwood Road. (Rendering courtesy of iFly Wilmington)
The group working to bring an indoor skydiving facility to Eastwood Road recently provided updates on the project.

iFLY Wilmington announced Monday a partnership with a high-tech training firm specializing in reaction and agility training for elite special operations forces in all branches of military service, according to a news release.

"As part of the partnership, Conflict Kinetics (CK) will install a sophisticated training room in iFLY Wilmington's Eastwood Road indoor skydiving center for use in military training," the release stated. "For the first time, the system will also be available for civilian entertainment and sports training."

According to the release, CK's electronic training platforms are data-driven experiential simulators used by elite units of the U.S. military for readiness and survivability training. The aim is to improve reaction time, hand-eye coordination, situational awareness and decision-making accuracy, the release stated, and side benefits of the training include measurable improvements in cognitive ability and individual self-confidence.
 
"We are beyond excited to offer this extraordinary human performance training to athletes, sports enthusiasts and everyone interested in improving their skills and abilities in the Wilmington community," said Dave Soler, COO of iFLY Wilmington, in the release. "We are particularly proud that this will put Wilmington in a class by itself as the only location in the world to provide access to this type of facility to members of the general public.”
 
Dan Schultz, chief executive officer of Conflict Kinetics, said in the release, "Our partnership with iFLY Wilmington was a natural collaboration. We have been looking for the right opportunity to make our award-winning programs available to the civilian marketplace. With iFLY Wilmington's mission of sports training, civilian recreation, and military training, this was a perfect fit."

iFLY Wilmington announced its plans to build a high-tech indoor skydiving wind tunnel in Wilmington last year and has been working steadily with local builder Monteith Construction, engineering firm McKim & Creed, and the city of Wilmington on design, civil engineering and permitting for its facility on Eastwood Road near the intersection of Military Cutoff Road, according to the release.

The company has also been working on completing its capital funding plan, which includes a combination of investments from its military veteran management team, commercial funding and interest-bearing “Patriot Business Bonds” being offered to the general public through another veteran-owned Wilmington business, Folla Capital, an SEC registered broker-dealer, the release stated. 
 
The capital plan for the project is nearly complete with a deadline of March 30 to invest. As of Tuesday morning, the group had raised $341,500, according to its Folla Capital page.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Burrus rob headshot 300x300

Spreading Wings for Flight: 2nd Annual Trade Show Highlights the Ingenuity of UNCW Business Students

Robert Burrus - Cameron School of Business - UNC-Wilmington
Jessiepowellheadshot webversion

5 Reasons to Build Custom Franchise Software

Jessie Powell - Wide Open Tech
Tommytaylor ceo unitedway

How Philanthropy Fits Into Your Financial Plan

Tommy Taylor - United Way

Trending News

Conservation Group Signs $8M Deal To Buy The Point On Topsail Island

Audrey Elsberry - Mar 26, 2024

National Organization Bestows Top Award On Cape Fear Professional Women In Building

Staff Reports - Mar 26, 2024

Engineering Firm Hires Four Employees

Staff Reports - Mar 26, 2024

N.C. Ports Officials React To Baltimore Bridge Collapse

Audrey Elsberry - Mar 26, 2024

NCino's Fourth-quarter Earnings Signal Rebound From Liquidity Crisis

Audrey Elsberry - Mar 27, 2024

In The Current Issue

Q&A: Andrews Reflects On Leadership

Pender County Manager David Andrews is slated to retire this summer after 33 years in local government....


MADE: Polyhose Inc.

Polyhose manufactures and fabricates hose protection, paint hose assemblies and rubber hydraulic assemblies from its Pender County facility....


Expanding Tastes On Castle Street

As John Willse and Beth Guertin, owners of Wilmington Wine bottle shop and now the recently opened Creative Tastings restaurant on Castle St...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2023 Power Breakfast: Major Developments