News

FY 2023 Q1 – Financial Results and Conference Call

OLATHE, KANSAS, September 14, 2022, – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the first quarter fiscal 2023 ended July 31, 2022. In conjunction with the release, the Company has scheduled a conference call Friday, September 16, 2022 at 10:00 AM Central Daylight Time.

What: Butler National Corporation First Quarter Fiscal 2023 Financial Results Conference Call

When: Friday, September 16, 2022 – 10:00 AM Central Daylight Time

How: Live via phone by dialing 800-550-7966. Code: 565 658. Conference call participants should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the first quarter, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2023.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q1 FY2023 Form 10K in PDF format, please click here.

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Butler National Casino Subsidiary Announces Its Launch of Mobile Sports Betting In Kansas

OLATHE, KANSAS, September 1, 2022, – Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, will launch online mobile sports betting through its online platform partner, DraftKings Inc. (NASDAQ: DKNG), today.

Boot Hill Casino & Resort also plans to accept sports wagers onsite and anticipates unveiling its new on-site sportsbook soon.

Butler National previously announced sports wagering platform agreements with DraftKings, Bally’s Corporation and most recently, Golden Nugget Online Gaming.

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Butler National Casino Announces Mobile Sports Betting Agreement With Golden Nugget Online Gaming

OLATHE, KANSAS, August 25, 2022, – Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, has entered into an agreement with Golden Nugget Online Gaming, LLC (GNOG), a subsidiary of DraftKings, Inc. (NASDAQ: DKNG), that could bring GNOG’s online interactive sportsbook to Kansas, subject to receipt of licenses and regulatory approvals.

Butler National is a recognized provider of professional management services in the gaming industry and a leader in special mission aircraft modifications. As the Boot Hill Casino manager for the State of Kansas, the new sports betting law allows Butler National’s subsidiary, subject to regulatory approvals, to contract with three sports wagering platform providers, in addition to offering sports wagering at a retail sportsbook in the Boot Hill Casino facility located in Dodge City.

“We are working diligently with regulators to bring sports betting to Kansans by September 1, 2022. We’re pleased with the regulatory efforts by the State of Kansas to implement sports wagering in Kansas,” added Stewart.

Upon the launch of sports wagering in Kansas, anyone legally permitted within the geographical boundaries of Kansas will be able to place bets directly from their mobile devices or computers by accessing a participating sports book or visiting a lottery gaming facility.

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Butler National Casion Subsidiary Sports Betting Management Contract with Kansas Lotter Approved

OLATHE, KANSAS, August 18, 2022, –Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, has received Sports Wagering Management Contract approval from the Kansas Lottery.

Earlier this summer, Butler National announced sports wagering platform agreements with DraftKings and Bally’s Corporation.

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FY 2022 Q4 – Financial Results and Conference Call

OLATHE, KANSAS, July 15, 2022, – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the fourth quarter and fiscal year ended April 30, 2022. In conjunction with the announcement, the Company has scheduled a conference call for Monday, July 18, 2022 at 10:00 AM Central Daylight Time.

What: Butler National Corporation Fourth Quarter Fiscal Year End 2022 Financial Results Conference Call

When: Monday, July 18, 2022 – 10:00 AM Central Daylight Time

How: Live via phone by dialing 800-550-7966. Code: 565 658. Conference call participants should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will lead the call and discuss results of the fourth quarter and fiscal year end, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2023.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q4 FY2022 Form 10K in PDF format, please click here.

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Butler National Casino Subsidiary Poised to Offer First In Class Sports Betting to Kansas

OLATHE, KANSAS, May 16, 2022, – Leading the way to bring sports betting one step closer for Kansans, Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, has entered into agreements with sports betting providers, DraftKings (NASDAQ: DKNG) and Bally’s Corporation (NYSE: BALY). When sports wagering is launched in Kansas, anyone of legal betting age within the geographical boundaries of Kansas can place bets directly from their mobile devices or computers by accessing a participating sports book or by visiting a lottery gaming facility.

Butler National is a recognized provider of professional management services in the gaming industry and leader in special mission aircraft modifications. As the Boot Hill Casino manager for the State, the new sports betting law provides that the Butler National subsidiary may, subject to regulatory approvals, contract with up to three sports wagering platform providers in addition to offering sports wagering at a retail sports book in the Boot Hill Casino facility located in Dodge City.

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Avcon ISR Receives FAA Approval for Lear 60 Underwing Sensors, Pods and Target Reeling Machine

OLATHE, KANSAS, April 6, 2022, – Butler National Corporation (OTCQB: BUKS) announces that its subsidiary Avcon Industries, Inc, a leading provider of ISR and special mission solutions for aircraft, has received Federal Aviation Administration (FAA) Supplemental Type Certificate (STC) approval for the installation of wing-mounted hard points with the carriage provisions for external stores on the Learjet Model 60 airplane.

FAA STC ST01984WI approves the installation of the Avcon ISR Solutions Learjet 60 underwing stores carriage provisions and underwing stores. The previously-approved Avcon Hard Points have a payload capacity of up to 1000 pounds underneath each wing. The comprehensive flight test program demonstrated underwing loads that would include the MTR-101 Reeling Machines (Tow Targets) and Special Mission Pods. The large Lear 60 stand-up cabin provides room for up to four Special Mission consoles. The consoles may be used to control a large variety of Special Mission pods for the more complex missions needed in todays and future markets. The new aircraft capability has created significant interest from our existing customers. The Lear 60 is an extremely capable special missions aircraft, complimentary to the already widely used and successful Lear 35/36 airplanes.

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FY 2022 Q3 – Financial Results and Conference Call

OLATHE, KANSAS, March 15, 2022, – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the third quarter fiscal 2022 ended January 31, 2022. In conjunction with the release, the Company has scheduled a conference call Thursday, March 17, 2022 at 9:00 AM Central Daylight Time.

What: Butler National Corporation Third Quarter Fiscal 2022 Financial Results Conference Call

When: Thursday, March 17, 2022 – 9:00 AM Central Daylight Time

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the third quarter, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2022.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q3 FY2022 Form 10-Q in PDF format, please click here.

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Avcon Industries, Inc. ISR Solutions Receives FAA Approval for King Air Wing-Mounted Hard Points and SAT COM Radome

OLATHE, KANSAS, January 20, 2022, – Butler National Corporation (OTCQB: BUKS) announces that its subsidiary Avcon Industries, Inc., a leading provider of ISR (intelligence, surveillance, and reconnaissance) and special mission solutions for aircraft, received Federal Aviation Administration (FAA) Supplemental Type Certificate (STC) approval for the installation of hard points, also known as provisions for external stores. The hard points are wing-mounted inboard and outboard with an optional cost-effective SATCOM/BLOS Radome on the Beechcraft King Air Model 200, B200, B300, 350. The collective modification package, including the Avcon lower fuselage ISR POD, defines the new Avcon ISR NG King Air platform. Avcon is increasing its focus on developing ISR Solutions across multiple aircraft platforms.

With its expansion of ISR-capable products, Avcon has developed a new subsidiary, Avcon ISR Solutions, to reinforce the Avcon presence in the ISR marketplace. The ISR products are derivative of the commercial products Avcon has developed and installed for more than 50 years. Avcon will continue to develop, manufacture, and install products under its Avcon Industries, Inc. identity for the commercial market in addition to the new Avcon ISR Solutions brand.

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Avcon Caravan Aircraft Sensor Platform FAA STC Approved

OLATHE, KANSAS, January 5, 2022, Butler National Corporation (OTCQB: BUKS) announces that its subsidiary Avcon Industries, Inc., a leading provider of ISR and special mission solutions for aircraft, received Federal Aviation Administration approval of Avcon special mission modifications for the Model 208 and 208B Caravan. FAA Supplemental Type Certificate number SA01975WI approves Avcon fuselage sensor ports with or without the Avcon Mission Power System for the Textron Aviation (Cessna) Model 208/208B.

The Avcon Caravan Sensor STC solution offers a cost-effective installation of dual sensor holes (ports) in the aft fuselage of the airplane and the optional provisions for custom missionization power for the Caravan.

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