Along with the Glasair series, the early Lancair designs were among the first kitplanes to bring modern molded composites construction to light aircraft.

In early 2017 the company, including all the older aircraft designs, was sold and moved from Redmond, Oregon to Uvalde, Texas under the name Lancair International, LLC.

By 1983 the aircraft's basic parameters were fixed, and Neibauer rented a shop in Santa Paula, California and started work on the design.

[1] Intending to introduce aircraft at Oshkosh in 1984, a minor fuel leak in the wing tanks forced them to miss the show so they could fix the problem.

These efforts culminated in the Lancair IV, a four-seat optionally pressurized (IV-P) single-engine aircraft with a high cruise speed.

[2] Already stretching the limits of their existing facilities, the company started looking for a new factory and after examining 200 potential sites they moved to Roberts Field in Redmond, Oregon in 1992.

Lancair's designs were prominent in the homebuilt market, and in 1994 NASA and others encouraged Neibauer to develop a type certified aircraft.

[6] Deciding to focus on the Columbia models, in March 2003 Neibauer sold the kit side of the company to Joseph Bartels, a Louisiana attorney and Lancair IV-P builder and owner.

In February 2017 the 200, 360, IV, IVP, IVPT, ES, ESP, and Legacy designs were sold to Mark and Conrad Huffstutler, who now operate the company as Lancair International, LLC, in Uvalde, Texas.