
Designed by W C “Chet” Cummings, the Air Capital Watkins SL-1 NX470E was reportedly built as a marketing test project, priced at $2,750.

The title implies more of a funding organization than a factory, and is in all likelihood Watkins Skylark.
Engine: 60hp LeBlond 5D
Wingspan: 37’0″
Length: 23’6″
Seats: 2
Useful load: 480 lb
Cruise: 75 mph (with 30hp motor)
Stall: 35 mph