Announces Partially Automated Serial Production Program

Wingcopter has secured $22 million in Series A funding. Wingcopter reports that they will use the funds to strengthen its leadership in drone-based logistics, with a special focus on healthcare-related applications, including the distribution of COVID-19 vaccines.

At the same time, Wingcopter reports that it is well-positioned and ready to establish more partnerships worldwide centering around other fully automated delivery applications.

The current model, the Wingcopter 178 Heavy Lift, provides both one- and two-way delivery, covering distances of up to 120km. It can accurately lower a package through a winch mechanism, or land at the point of destination and return to its origin with new payload. Wingcopter is also pressing ahead to launch the next generation of its aircraft, a delivery drone.

Wingcopter plans to expand its drone-delivery-as-a-service offerings. These services give customers the opportunity to benefit from Wingcopter's technology and its BVLOS flight operations track record on five continents.

A portion of the new capital is allocated to setting up a partially automated serial production program at Wingcopter's new headquarters in Weiterstadt, Germany, already home to more than 100 employees. The 77,500 square foot site allows for a swift ramp up to mass production. To achieve this, Wingcopter combines the scaling methods of the automotive industry with an aviation-grade discipline for quality and safety.

Wingcopter plans to further grow the team in the fields of flight testing, certification, production (including a new U.S. facility), and software development, specifically focused on ground and flight control software, embedded systems, software architecture, and cloud infrastructure.

FMI: www.wingcopter.com