Designed by the Brazilian Caio Jordão, the Colt was publicly introduced at AirVenture, in Oshkosh, Wisconsin in July 2019. The aircraft is supplied ready-to-fly. The design first flew in 2018 and met the ASTM standards as a light-sport aircraft in September 2019. The first customer delivery was in January 2020. It features a strut-braced high-wing with flaps, a two-seats-in-side-by-side configuration enclosed cockpit accessed by doors, fixed tricycle landing gear with wheel pants and a single engine in tractor configuration. The aircraft is made with a welded 4130 steel tubing cockpit cage, with the rest of the airframe aluminum construction, covered in aluminum sheet. The Colt has yoke controls, four point harnesses, a Galaxy GRS 6/600 SD Speedy ballistic parachute and a basic glass cockpit. The standard engine used is the 100 hp (75 kW) Rotax 912ULS four-stroke powerplant. In September 2019 the type completed ASTM testing to qualify for the US light-sport category, and is listed as the "Colt 100" on the Federal Aviation Administration's list of approved special light-sport aircraft. In a flight review in February 2020 AVweb's Paul Bertorelli praised the aircraft's handling and cabin ergonomics once seated. He faulted the cabin entrance size, however, writing, "the problem is getting in because the door has an upper sill that forces you to duck to ingress. It proved only a slight problem for my 5-ft. 8-in. frame, but taller pilots or those long of torso may struggle." He also noted the design's limited useful load, "at 836 pounds empty, the Colt has 484 pounds of useful load. That’s two 200-pounders and 14 gallons of gas. That’s fine for a training flight, but not so fine for cross- country flying where you might also wish to carry some baggage. So if you carry full fuel, the people better not weigh more than 300 pounds total." Of the design overall he concluded, "the Colt’s performance is workmanlike, but not exceptional. If it stands out at all, my view is that it’s a little airplane masquerading as a big one. The ergonomics are excellent and the handling is well sorted, especially if the airplane finds a home as a trainer. Teaching landings in it would be a blast."