Based on the pre-war Cadet and using the wartime experience with radio-controlled aircraft the company designed a two-seat cabin monoplane. The Model V has a low-set cantiliver wing with the out panels have a pronounced dihederal. It had a tricycle retractable landing gear and an enclosed cabin with side-by-side seating for two. It was unique in that it has a system called Simpli-Fly Control where the aircraft was automatically trimmed for take-off, landing and cruise, by turning a small metal wheel between the two seats and lining up two arrows with the mode of flying the aircraft is needed. Interconnecting controls then do the adjustment of the trim according to the arrow settings. Simpli-Fly was not popular with pilots. And only a limited production run of 350 Model Vs was achieved before the company went bankrupt.
In 1956 the Superior Aircraft Company bought the assest of Culver and put the Model V back into production as the Superior Satellite. The main difference was the use of a 95 hp Continental engine which increased the cruise speed to 130 mph (209 km/h). Only a prototype and five production aircraft were built.