Preceptor Aircraft is an American

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 aircraft

Aircraft

An aircraft is a vehicle that is able to fly by gaining support from the air, or, in general, the atmosphere of a planet. An aircraft counters the force of gravity by using either static lift or by using the dynamic lift of an airfoil, or in a few cases the downward thrust from jet engines.Although...

 kit manufacturer located in Rutherfordton, North Carolina

North Carolina

North Carolina is a state located in the southeastern United States. The state borders South Carolina and Georgia to the south, Tennessee to the west and Virginia to the north. North Carolina contains 100 counties. Its capital is Raleigh, and its largest city is Charlotte...

, producing kits for homebuilt

Homebuilt

The term homebuilt is used to describe machines built outside of specialised workshops or factories. It can mean different things such as kit cars or homebuilt computers, but normally it pertains to homebuilt aircraft, also known as amateur-built aircraft or kit planes. Homebuilt aircraft or kit...

 monoplane

Monoplane

A monoplane is a fixed-wing aircraft with one main set of wing surfaces, in contrast to a biplane or triplane. Since the late 1930s it has been the most common form for a fixed wing aircraft.-Types of monoplane:...

s. The company was previously named Nostalgair.

Aircraft

• STOL King, A high wing STOL aircraft.
• Ultra Pup, A 2 seat high wing aircraft.
• Super Pup, A 1 seat experimental high wing aircraft.
• N3 Pup
  Preceptor N3 Pup
  The N3 Pup, is a family of ultralight, tube-and-fabric, high-wing, homebuilt aircraft. Kits are produced and marketed by Preceptor Aircraft, of Rutherfordton, North Carolina....
  
  , A 1 seat ultralight high wing aircraft.

History

Preceptor Aircraft was originally called Nostalgair and based in San Antonio, Texas

San Antonio, Texas

San Antonio is the seventh-largest city in the United States of America and the second-largest city within the state of Texas, with a population of 1.33 million. Located in the American Southwest and the south–central part of Texas, the city serves as the seat of Bexar County. In 2011,...

. N3 Pup

Preceptor N3 Pup

The N3 Pup, is a family of ultralight, tube-and-fabric, high-wing, homebuilt aircraft. Kits are produced and marketed by Preceptor Aircraft, of Rutherfordton, North Carolina....

 construction was farmed out to a Colorado interest. Nostalgair and its sister company Global tool (maker of Gloabal engines) went out of business in 1986. Warren Mosler

Warren Mosler

Warren Mosler is an American economist, president and founder of Mosler Automotive, and co-founder of the Center for Full Employment And Price Stability at the University of Missouri-Kansas City. He briefly ran for President of the United States as a member of the Democratic Party in the 2012...

 purchased the assets and placed Bob Counts, designer of the N3 Pup as president. Production moved to Winston-Salem, North Carolina

Winston-Salem, North Carolina

Winston-Salem is a city in the U.S. state of North Carolina, with a 2010 population of 229,617. Winston-Salem is the county seat and largest city of Forsyth County and the fourth-largest city in the state. Winston-Salem is the second largest municipality in the Piedmont Triad region and is home to...

. By 1993, the company expanded to two buildings and produced as many as 40 kits per year.