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Veritas Securities report includes the completion and commissioning of the Penrith facility, the appointment of David Murray to the board and the announcement of the Gold Coast site. Read the new report here.

Written by Anthony Klan FORMER Australian Special Air Services Regiment soldiers Danny Hogan and Wayne Jones came up with the idea to create the nation’s only indoor sky­diving facility or wind tunnel about seven years ago, but a US training mission in 2010 got them over the line. There were

Ever wanted to jump out of a plane, but just hate the thought of actually JUMPING OUT OF A PLANE?! Then iFLY Downunder is the answer…and it is addictive! With the doors opening to the general public on the 26th April, Australia’s first indoor skydiving facility is already proving to be

Written by Kristine Tarbert The first indoor skydiving facility of its kind in Australia has switched on it’s wind tunnel for the first time in Penrith. Excitement is building towards the grand opening of the facility next month with all involved gathered to witness the first human flight. IFLY Downunders’

Indoor Skydive Australia Group Limited (ASX:IDZ) says it is on track to deliver Australia’s first indoor skydiving facility at Penrith in New South Wales. The skydiving and adventure sports-focussed company advises the commissioning process of the vertical wind tunnel has now started. Following commissioning the company will begin fitting out

Written by Max Mason Skydivers can tackle an indoor challenge in Sydney’s west – 400 flight hours were sold in four hours in an early bird sale. David Murray may be excited about joining the board of little-known Indoor Skydive Australia but there is one ­challenge already waiting for the

Written by Max Mason David Murray AO, the former chief executive of the Commonwealth Bank of Australia and inaugural chairman of the Australian government Future Fund, has joined little-known Indoor Skydive Australia as a non-executive director. Mr Murray, who has a beneficial interest in 2.2 million ISA Group shares, said

Thrill seekers with a yearning to fly will soon get the chance at a new vertical wind tunnel in western Sydney. Publicly listed company Indoor Skydive Australia has already put 157 tonnes of concrete in place as it constructs its first Australian facility at Penrith. The Sydney-based outfit, which listed

Value of funds raised set to jump from $1.3b to $7.8b 19 December 2013:  After five years in the doldrums, the initial public offering (IPO) market has bounced back in the second half of 2013, with the value of funds raised in the calendar year to soar from $1.3 billion to

Written by Tony Featherstone  The trickle of larger IPOs has turned into a flood. Barely a day passes without another float being launched and larger offers that had been shelved being repackaged for sale. Although each float should be assessed on its merits, the sheer volume of IPOs is cause