About PAL Aerospace
PAL Aerospace is a company based in St. John's (Canada) founded in 1972 was acquired by Exchange Income Corporation in November 2014. The company has 377 employees. PAL Aerospace has completed 2 acquisitions, including Airtask and CarteNav.
- Headquarter St. John's, Canada
- Employees 377
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- Website palaerospace.com
- Social LinkedIn X
- Acquired by Exchange Income Corporation (Nov 2014)
- Legal Name Pal Aerospace Inc
- Investors
- Employee Count377
- Investments & AcquisitionsAirtask
& 1 more
- Acquired byExchange Income Corporation
(Nov 2014)
Investors in PAL Aerospace
PAL Aerospace has secured backing from 1 investor. Prominent investors backing the company include Exchange Income Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified acquisition-oriented dividend company in aerospace and manufacturing | 2002 | exchangeincomecorp.ca | Winnipeg, Canada |
Investor details for PAL Aerospace
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PAL Aerospace
1 people are tracked at PAL Aerospace (1 in leadership); the tracked headcount is 377.
| Name | Role | Group |
|---|---|---|
Jake Trainor | CEO | Leadership |
Complete people profiles for PAL Aerospace
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by PAL Aerospace
PAL Aerospace has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Airtask and CarteNav.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Integrated aviation solutions are delivered to government and commercial clients. | airtask.com | – | 0 | Aug 2025 | β’β’β’β’ | |
ISR mission software is developed for diverse operational needs. | cartenav.com | Halifax, Canada | 2002 | Aug 2016 | $17M |
Complete acquisition details for PAL Aerospace
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of PAL Aerospace
4 dated milestones of PAL Aerospace across 53 years, from founding to its latest funding, stage changes and deals.
- Founded PAL Aerospace is founded.
- Exit Acquired by Exchange Income Corporation.
- Acquisition Acquires CarteNav.
- Acquisition Acquires Airtask.
Web traffic of PAL Aerospace
The website of PAL Aerospace (palaerospace.com) receives about 12.8K visits a month.
- Monthly visits12.8K
▼ 6.7% vs previous month
Websites whose visitors overlap most with PAL Aerospace. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
wbparts.com | wbparts.com | 100% | – | #264,597 | β |
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Frequently Asked Questions about PAL Aerospace
PAL Aerospace was founded in 1972.
PAL Aerospace is headquartered in St. John's, Canada. It is registered at St. John's, Newfoundland And Labrador, Canada.
Jake Trainor is the current CEO of PAL Aerospace.
PAL Aerospace has 377 employees.
Founded in 1972, PAL Aerospace is headquartered in St. Johns, Canada. Operations are conducted within the aerospace and defence sector, where intelligence, surveillance, and reconnaissance solutions are developed and delivered. These capabilities support monitoring and data collection needs across various applications. The company is led by CEO Jake Trainor, with activities centered on technological advancements in this field.
PAL Aerospace has 1 investor. Key investors include Exchange Income Corporation.
PAL Aerospace operates through Pal Aerospace Inc.
Yes. PAL Aerospace was acquired by Exchange Income Corporation in November 2014.
