News and Announcements
Wonder of Human Flight Comes to Australia
- Published October 12, 2012 1:31PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Australian thrill seekers as young as 5 years old will soon be able to experience the wonder of flight – without parachutes – at a new entertainment facility planned for Western Sydney.
Indoor Skydive Australia Group’s corporate team is made up with experienced professionals and the company is first to obtain approvals to build the latest generation tunnel in Australia, located at the soon to be redeveloped Penrith Leagues Club with a target of completion by January 2014.
Danny Hogan, Chief Operations Officer of Indoor Skydive Australia Group, says that over 23 such facilities already exist around the world, based on technology originally pioneered in Australia.
“This is sixth generation technology which has evolved from an idea tried on the Sunshine Coast in Queensland in the 1980s,” he says.
“Basically, air from electric fans is passed through a flight chamber to create lift, and allows people to safely experience the joy of flight.”
The Penrith facility is the same technology as the most recent implementation, which is successfully operating on Singapore’s Sentosa island. Other facilities are operational throughout Europe and the United States, where former President George W Bush tried the experience.
Danny Hogan says the Penrith project is one of the cornerstones of the proposed $850 million leisure and lifestyle precinct destined for Penrith Leagues Club, which is also located close to the planned $150 million Wet n’Wild park.
The ISA Group will be conducting a public offer in November this year where they will be offering between 8 – 10 million dollars in shares. The group plans to build a portfolio of facilities across Australia and the region.
To know more about Indoor Skydive Australia Group, please click here.
For full details of the offer, download a prospectus or to register for an event please visit our website http://www.indoorskydiveaustralia.com.au or follow the link to our online application form at http://www.boardroomlimited.com.au/isagroupoffer
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