Aerion Liquidation Targeted by Year-end
Private equity firms and a jet manufacturer has already expressed interest in Aerion's assets, as the company expects to liquidate before year-end.
Aerion, now in liquidation, has accrued some $100 million in claims, with GE Aviation accounting for almost a third of that. However, the value of the assets is less clear since they mostly involve intellectual property. (Photo: Aerion Corp.)
Aerion, now in liquidation, has accrued some $100 million in claims, with GE Aviation accounting for almost a third of that. However, the value of the assets is less clear since they mostly involve intellectual property. (Photo: Aerion Corp.)

Development Specialists Inc. (DSI), which has been retained to wind down operations at Aerion through a liquidation process under Florida statutes, hopes to finalize sales of the former supersonic aircraft designer’s assets by year-end. Unclear, however, is how much those assets will fetch since the majority of what is available to sell is intellectual property, said Joseph Luzinski, the assignee and a senior managing director of DSI.