| Tail Number / N-Number | N554WP |
| Manufacturer | POWRACHUTE |
| Model | PEGASUS |
| Year Built | 2003 |
| Manufacturer's Serial Number | A166PEG |
| Aircraft Type | Powered Parachute |
| Category | Land |
| Builder Certification | Not Type Certificated |
| Number of Seats | 2 seats |
| Weight Class | CLASS 1 (Up to 12,499 pounds gross take off weight) |
| Engine Manufacturer | ROTAX |
| Engine Model | 582ULDCDI-99 |
| Engine Type | 2 Cycle |
| Number of Engines | 1 engine |
| Horsepower | 65 hp (48 kW) |
| Type of Registrant | Individual |
| Owner Name | HUBBARD JOHN A |
| Street | 8758 N CEDAR PASS RD |
| City | EAGLE MOUNTAIN |
| State | UT |
| Zip Code | 84005-3185 |
| Region | Northwest Mountain |
| County | Utah County |
| Country | US |
| Fractional Ownership | No |
| Airworthiness Classification | Experimental |
| Airworthiness Date | 2018-02-22 |
| Certificate Issue Date | 2019-04-03 |
| Last Action Date | 2021-11-13 |
| Expiration Date | 2029-04-30 |
| Status | Valid Registration |
| Mode S Code | 51610111 |
| Mode S Code Hex | A71049 |