 About one hundred Umbaugh dealers took over the assets of Umbaugh Aircraft Corporation and in 1964 established Air and Space Manufacturing, Inc., of Muncie, Indiana, to commence production.In early 1965, the FAA awarded the corporation a production certificate for the Air & Space Model 18A gyroplane, a model which had only minor differences from the Umbaugh U-18.By late 1965 sixty-eight gyroplanes had been completed and delivered, 14 more were near completion, some were later stolen when Air and Space Manufacturing was in receivership.