ICON Aircraft is a privately held American aircraft design and production company. ICON has received wide attention and numerous design awards for its innovative A5 amphibious aircraft. The Company culture is defined by an entrepreneurial, fast-paced, performance-driven meritocracy where intelligent risk-taking is encouraged and the organizational structure is flat and collaborative. ICON Aircraft's first model is the ICON A5, an amphibious two-seat, light-sport aircraft to be priced at approximately $189,000. Its folding wings facilitate transportation and storage, and it will have a range of approximately 300 nautical miles (560 km) and a top speed of 105 knots (120 mph).