Its assets were acquired by Aviation Industry Corporation of China and LT Builders Group; which as of July 2010[update] were in the process of restarting production of the Victory.

[1][2] The Victory is a single-engine very light jet that was intended to be powered by a single Pratt & Whitney Canada PW600.

Epic used the Williams FJ33 engine for testing but planned to switch to the PW600 for final production.

The aircraft took Epic six and a half months to design from concept to a flying prototype, with the first flight on 6 July 2007 from Roberts Field in Redmond, Oregon.

The prototype's Federal Aviation Administration registration expired on 31 May 2017.