people · May 21, 2026
Otto Aerospace Advances Phantom 3500 Jet Toward Jacksonville Production After Design Review
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Otto Aerospace finished the preliminary design review for its Phantom 3500 business jet on May 18, 2026, moving the $430 million Jacksonville project into detailed design and production planning. The review was conducted in late February 2026 at the company's future Jacksonville, Florida home. Scott Drennan serves as president and CEO following a new leadership announcement on May 4, 2026. The milestone positions the program for hardware fabrication and a 2027 first flight target.
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