“As he campaigns in one of the nation’s most competitive U.S. Senate races, Montana Republican Tim Sheehy recounts how he started an aerial firefighting business in his barn and built it into a publicly traded company on the front lines of increasingly dangerous wildfires,” the Washington Post reports.
Said Sheehy: “That’s a success story.”
“Reports filed with the Securities and Exchange Commission in recent months tell a different story about Bridger Aerospace, known for its ‘Super Scooper’ planes that can remove up to 1,400 gallons at a time from a body of water to dump on a nearby wildfire.”
“Bridger is facing a cash crunch so dire that there is ‘substantial doubt about the Company’s ability to continue,’ according to public filings that show the company lost $77.4 million last year and $20.1 million in the first three months of 2024.”
