8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) January 20, 2022

BUTLER NATIONAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)

Kansas
(State or Other Jurisdiction of Incorporation)

0-1678 (Commission File Number)	41-0834293 (IRS Employer Identification No.)
19920 W. 161st Street, Olathe, Kansas (Address of Principal Executive Offices)	66062 (Zip Code)

913-780-9595

(Registrant's Telephone Number, Including Area Code)
 

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
None	None	None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).  Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 8.01	Other Events. On January 20, 2022, Butler National Corporation (OTCQB: BUKS) announces that its subsidiary Avcon Industries, Inc., a leading provider of ISR (intelligence, surveillance, and reconnaissance) and special mission solutions for aircraft received Federal Aviation Administration (FAA) Supplemental Type Certificate (STC) approval for the installation of hard points, also known as provisions for external stores.
Item 9.01	Financial Statements and Exhibits.
Exhibit 99 Exhibit 104	Press release announcing FAA approval of Avcon Supplemental Type Certificate approval for King Air Wing-Mounted Hard Points and SAT COM Radome Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	BUTLER NATIONAL CORPORATION (Registrant)
January 20, 2022 Date	/S/ Clark D. Stewart Clark D. Stewart (President and Chief Executive Officer)
January 20, 2022 Date	/S/ Tad M. McMahon Tad M. McMahon (Chief Financial Officer)

EX-99

Exhibit 99

PRESS RELEASE
FOR IMMEDIATE RELEASE January 20, 2022

Avcon Industries, Inc. ISR Solutions Receives FAA Approval for King Air Wing-Mounted Hard Points and SAT COM Radome

OLATHE, KANSAS, January 20, 2022, - Butler National Corporation (OTCQB: BUKS) announces that its subsidiary Avcon Industries, Inc., a leading provider of ISR (intelligence, surveillance, and reconnaissance) and special mission solutions for aircraft, received Federal Aviation Administration (FAA) Supplemental Type Certificate (STC) approval for the installation of hard points, also known as provisions for external stores. The hard points are wing-mounted inboard and outboard with an optional cost-effective SATCOM/BLOS Radome on the Beechcraft King Air Model 200, B200, B300, 350. The collective modification package, including the Avcon lower fuselage ISR POD, defines the new Avcon ISR NG King Air platform. Avcon is increasing its focus on developing ISR Solutions across multiple aircraft platforms.

With its expansion of ISR-capable products, Avcon has developed a new subsidiary, Avcon ISR Solutions, to reinforce the Avcon presence in the ISR marketplace. The ISR products are derivative of the commercial products Avcon has developed and installed for more than 50 years. Avcon will continue to develop, manufacture, and install products under its Avcon Industries, Inc. identity for the commercial market in addition to the new Avcon ISR Solutions brand.

Avcon received FAA STC approval of:

(1) Wing-mounted Hard Points having a payload capacity of up to 325 pounds underneath each wing for the inboard stores (STC SA04178NY) and 225 pounds (per side) for each store on the outboard pylon (STC SA01965WI); with or without the

(2) Avcon SATCOM (BLOS) antenna radome KU/KA/X-band (STC SA04204NY).

Avcon has deployed its King Air 350 (Model B300) airplane to expand the cost-effective product offerings to create the Avcon ISR NG King Air platform. The Avcon ISR NG King Air includes the Avcon multi-purpose special mission ISR POD (fuselage belly sensor carrying radome/pod compartment), the Avcon hard points with custom-mounted stores, and the Avcon SATCOM Radome. The King Air 350 is the first airplane to be certified with the Avcon Hard Points.

Management Comments

Marcus Abendroth, Avcon President said, “We are excited to recognize Avcon’s vast experience, specialized ISR solutions, and understanding of the ISR marketplace with the name of Avcon ISR Solutions. Avcon further appreciates the customer interest in the latest and very cost-effective Avcon King Air products. Avcon can timely complete the Avcon ISR NG King Air platform modification that includes the provisions for external underwing stores and SAT COM radome.”  Mr. Abendroth added: “The Avcon hard points are capable of mounting any NATO stores. Avcon fabricates and installs all the parts associated with the provisions for external stores. Avcon has significantly expanded its potential role in supplying quick turnaround modifications and cost-effective solutions in the King Air ISR / Special Mission Market.  I am confident that our customers will find continued confidence in these new Avcon ISR Solutions.”

Our Business:
Avcon Industries, Inc. is a wholly owned subsidiary of Butler National Corporation. Avcon focuses on the manufacturing and certification of aviation-related products, including special mission solutions, intelligence surveillance and reconnaissance solutions, systems integration, avionics offerings and regulatory compliance solutions.

Butler National operates in the Aerospace and Management Services business segments. In addition to the Avcon capabilities, the Aerospace segment also provides controls for weapons systems. Services include temporary employee services, gaming services and administrative management services. 

Forward-Looking Information:

Statements made in this report, other reports and proxy statements filed with the Securities and Exchange Commission, communications to stockholders, press releases, and oral statements made by representatives of the Company that are not historical in nature, or that state the Company or management intentions, hopes, beliefs, expectations or predictions of the future, may constitute "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements can often be identified by the use of forward-looking terminology, such as "could," "should," "will," "intended," "continue," "believe," "may," "expect," "hope," "anticipate," "goal," "forecast," "plan," "guidance" or "estimate" or the negative of these words, variations thereof or similar expressions. Forward-looking statements are not guarantees of future performance or results. They involve risks, uncertainties, and assumptions. It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1A of the Company’s Annual Report on Form 10-K, incorporated herein by reference. Risk Factors and elsewhere herein or in other reports filed with the SEC. Other unforeseen factors not identified herein could also have such an effect. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial condition or business over time.

FOR MORE INFORMATION, CONTACT:

Aric Peters, Director of Sales and Marketing Ph (913) 780-9595

THE WORLDWIDE WEB:
Please review www.avconindustries.com for pictures of our products and details about Avcon Industries, Inc. Please review www.butlernational.com for information about Butler National Corporation and its subsidiaries.

XML

Document And Entity Information	Jan. 20, 2022
Document Information [Line Items]
Entity, Registrant Name	BUTLER NATIONAL CORPORATION
Document, Type	8-K
Document, Period End Date	Jan. 20, 2022
Entity, Incorporation, State or Country Code	KS
Entity, File Number	0-1678
Entity, Tax Identification Number	41-0834293
Entity, Address, Address Line One	19920 W. 161st Street
Entity, Address, City or Town	Olathe
Entity, Address, State or Province	KS
Entity, Address, Postal Zip Code	66062
City Area Code	913
Local Phone Number	780-9595
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity, Emerging Growth Company	false
Amendment Flag	false
Entity, Central Index Key	0000015847