PAL Aerospace

St. John's, Canada Founded: 1972 • Age: 54 yrs Acquired By Exchange Income Corporation
Aerospace and defence company focused on intelligence, surveillance, and reconnaissance solutions

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
  • Email
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  • Phone
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  • Website palaerospace.com
  • Social LinkedIn X
  • Acquired by Exchange Income Corporation (Nov 2014)
  • Legal Name Pal Aerospace Inc
Key Metrics

Investors in PAL Aerospace

PAL Aerospace has secured backing from 1 investor. Prominent investors backing the company include Exchange Income Corporation.

All
InvestorDescriptionFounded YearDomainLocation
Diversified acquisition-oriented dividend company in aerospace and manufacturing
2002exchangeincomecorp.caWinnipeg, Canada
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Investor details for PAL Aerospace

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  • 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.

NameRoleGroup
Jake Trainor
CEOLeadership
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Complete people profiles for PAL Aerospace

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by PAL Aerospace

PAL Aerospace has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Airtask and CarteNav.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Integrated aviation solutions are delivered to government and commercial clients.
airtask.com–0Aug 2025β€’β€’β€’β€’
ISR mission software is developed for diverse operational needs.
cartenav.comHalifax, Canada2002Aug 2016$17M
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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.

  1. Founded PAL Aerospace is founded.
  2. Exit Acquired by Exchange Income Corporation.
  3. Acquisition Acquires CarteNav.
  4. Acquisition Acquires Airtask.

Web traffic of PAL Aerospace

The website of PAL Aerospace (palaerospace.com) receives about 12.8K visits a month.

  • Monthly visits
    12.8K

    ▼ 6.7% vs previous month

Similar websites

Websites whose visitors overlap most with PAL Aerospace. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
wbparts.com
wbparts.com
100%
–#264,597–
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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 made 2 acquisitions, including Airtask, and CarteNav.

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.

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