Here's the TCDS:I found this by accident the other day. They claim to have received a FAA production certificate.
TRACE Engines L.P. - High Performance Aircraft Engines
DHC-2 TRACE Beaver | Sealand Aviation Ltd., Campbell River small aircraft maintenance, repairs, modificationsPeople have money that they want to make more money with. The Market is not paying squat in interest currently. Apparently these guys must have convinced a bunch of investors that they have it going on.
If they find customers willing to part with $200k for these, then good luck to them. If they prove to be reliable and less expensive to maintain, it may start a trend back to piston engines and away from turbines for non airline aviation. Soon the only ones with turbines will be the military and the airlines. I would be all for it. I'm sure that the aviation fleet is currently shrinking due to cost and an overall drop in disposable income.