 Founded as Swearingen Aircraft in 1959, the company was renamed the Sino Swearingen Aircraft Company in 1995 before being purchased in August 2008 by Emirates Investment and Development Corporation and renamed the Emivest Aerospace Corporation.In April 2011 the assets of Emivest Aerospace were purchased by MT, LC of Cedar City, Utah, and the company began doing business as SyberJet Aircraft.Swearingen Aircraft was founded by Ed Swearingen in 1959.