The Skylite design was started in 1988 by Ed Fisher, who wanted a rag & tube ultra light aircraft with the classic parasol wing configuration. He wanted an inexpensive to build, open cockpit tail-dragger that would appeal to the average handyman. The Skylite prototype was built, tested and debuted to the public at Oshkosh 1991, where it received the Grand Champion Award for Ultralights. Since that time, over 90 Skylites have been built and flown, and Raceair Designs continues to sell plans and components, and supports builders.

The Skylite design prototyped Ed Fisher's wing rib attach cup and rib angle construction for lightweight wing design, and all subsequent ultralight type designs from Raceair have employed this method of wing rib construction.

Ed Fisher owns Raceair Designs and is the designer and sells plans for the Skylite, Micro Mong, and many others. Currently Raceair offers plans and components for the Skylite, and plans for the Mong Sport.