The company was founded in 2004 by Sébastien Lefebvre as a manufacturer of ultralight single and two-seater carbon fibre aircraft.[2] A prototype of the first airplane was created that year by Frédéric Hubschwerlenson and Lefebvre.[3]
Their plane, the LH-10, has multiple versions including automated and training planes.[1] The LH-10 was shown at the 2009 Le Bourget Paris Air Show.[4]
In 2015 the company had about 50 employees in Villaroche, France,[5] including one dedicated pilot.[6]
Over the years the company raised capital from investors in different countries,[3] including Mohsine Karim-Bennani from Morocco, who wanted to create a Moroccan subsidiary and a manufacturing plant in Casablanca. However the two sides ended up in court and the collaboration was cancelled.[2]
After several years of insolvency, the company was placed in recovery in 2018, and judicial liquidation began in September 2019.[7][8] The assets were bought by I-SEE Group, who commercialized the LH-10 and the LH-D as IC-10 and IC-D, respectively.[9][10]