In 2002 the co-owners of Aerocomp, which is now known as Comp Air, Steve Young and Ron Lueck announced the Comp Air Jet project. The jet is constructed from a "proprietary carbon-fiber hybrid sandwich" and powered by a Ukrainian
Ivchenko AI-25 engine. Alternative engines planned for included the
Pratt & Whitney JT12-8 or
CJ610 or projected future
Williams International or Agilis engines. On July 10, 2004 the Comp Air Jet flew for the first time from
Merritt Island Airport. Though the gear was not retracted during the flight, the aircraft still reached speeds of . The jet landed after 37 minutes with the landing taking about 2000 feet. On January 11, 2005 Aerocomp flew the prototype back to the Merritt Island Airport for further development work after more than 30 hours of flight testing at
Space Coast Regional Airport,
Titusville, Florida. == Operational history==