Drones
Wingcopter raised $42 million, with German supermarket group REWE among the new investors.
A dated step forward on the record · Company-reported
What the source says
“Wingcopter has secured a $42 million funding round from well-known financial and strategic investors.”
What it means
Wingcopter 198, from Wingcopter, is at stage 4 of 5 on our ladder: paying customers. Its stage is set by other milestones on its record; this one adds to the history. This line rests on the company's own announcement; no regulator, customer or independent report confirms it in our sources yet.
Human help: People working remotely can steer it or take over.
More on Wingcopter 198
- Wingcopter launched the Wingcopter 262, a military reconnaissance drone it says can stay in the air for up to six hours.
- Wingcopter announced a joint venture with Ukraine's TAF Industries to make reconnaissance drones in Germany for Ukrainian forces.
- Wingcopter began selling long-range LiDAR (laser mapping) survey kits for the Wingcopter 198. It says one flight can survey up to 60 km of long structures such as pipelines or power lines.
- Wingcopter announced a plan with Continental Drones to build a network of 12,000 Wingcopter 198 drones across Africa over five years.
- The US aviation regulator, the FAA, approved the safety standards the Wingcopter 198 must meet, one step toward the type certificate it needs for commercial US deliveries.
- Wingcopter began drone operations in Malawi, flying medical supplies to remote health centres.