![]() With a maximum payload, the drone can cover a distance up to 40 kilometers (24.8 miles). The Wingcopter 178 Heavy Lift drone can cover distances up to 120 kilometers (74.5 miles) and offers a maximum payload of 6 kg (13.2 lbs). Wingcopter will use the funding to scale its presence in the drone delivery space, with a special focus on healthcare-related applications. ![]() Wingcopter, a German developer of commercial drones founded in 2017, raised $22 million in Series A funding. We try our best to fact check and bring the best, well-researched and non-plagiarized content to you.Wingcopter commercial drones. The company has a vision to create sustainable and efficient drones for the purpose of saving and improving lives globally and already seems to be on the fast track to achieving it. Wingcopter has a total of 4 investors so far including Hessen Kapital, Futury Ventures, Xplorer Capital and Corecam Family Office. This round brings the total (official) investment of the startup to US $22 million in just 3 rounds. At some point though, you realize you want to keep the revenue constant on a monthly basis much like SaaS or Software business” said Plummer.Įstablished in the year 2017 by Ansgar Kadura, Jonathan Hesselbarth and Tom Plummer, Wingcopter has its headquarters in Darmstadt, Hessen, Germany. Just by selling drones and generating revenue, we were able to employ our first 30 employees. “We were really fortunate to bootstrap over the last 4 years. The startup also plans to release a new model of drone in the nearest future. In terms of scalability, our business model being an OEM is kind of linear.”Īccording to Plummer, the startup’s services could also be used in other areas such as observation and inspection, as well as to address difficulties in communication. It ended up making over half of our total revenue at some point. This venture is surprisingly becoming an excellent source of income. ![]() They’re currently in the process of obtaining their certification from the FAA as it is a major selling point for partners who don’t want to begin the tedious procedure of establishing their own in-house team of experts.ĬEO and Co-founder of Wingcopter, Tom PlummerĬEO and co-founder of Wingcopter, Tom Plummer said, “After applying for permissions, receiving it, flying BVLOS and now operating in five continents and in multiple countries, we’ve learned that we’re now very good at operating drones. The startup not only supplies its own hardware, but also works closely with a lot of commercial flight drone companies. This is to help with their testing process as it is required by the FAA.Īs of 2020, Wingcopter was named a “Technological Pioneer” by the World Economic Forum owing to their unique and patented platform. Wingcopter is also actively looking to recruit a US-based talent in embedded systems software as well as flight operations testing. While the company just announced the close of its series A investment round, the startup is already making preparations with potential investors for their next round (Series B). Having recorded a substantial amount of successes in most of their undertakings, the sky seems to be the limit for Wingcopter enterprises. It was concluded that the addition of the service segment will not only generate more revenue, but meet the needs of many potential users. The decision for this diversion came up after a review of the pros and cons associated with drone delivery in service terms by the co-founders. In addition to being an Original Equipment Manufacturer (OEM), the startup actively seeks to offer drone delivery as a service. A two-way medical supply delivery system in Tanzania.The world’s very first insulin delivery by drone beyond visual line of sight (BVLOS).A partnership with UNICEF for vaccine delivery to remote locations.The company has carried out several significant operations including: They are devoted to improving the lives of the populace through impactful humanitarian and commercial applications. Wingcopter is an award-winning developer, producer and operator of autonomous eVTOL (electric vertical takeoff and landing) aircraft. A Wingcopter drone delivering a product for Merck Corp.
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