The Liaoning Cub Aircraft Corporation plans to produce the design for flight training, aerial photography, mapping, agriculture and personal use.

[8][9] In July 2022 the company announced that it intended to raise investment capital by selling preferred shares for US$5, with a minimum purchase of US$400, aimed at customers and aviation enthusiasts.

In November 2022, the company earned a Securities and Exchange Commission “qualification” to make the US$50 million dollar public IPO.

[12] On February 4, 2025, CubCrafters announced that the certified NX Cub had been selected by Embry-Riddle Aeronautical University as the official aircraft for the Golden Eagles Flight Team.

[13] The founder of Cub Crafters, Jim Richmond, died on November 21, 2021, aged 67, and had retired from its day-to-day operations in recent years prior.