WINGCOPTER RAISES $22 MILLION

Wingcopter, the German developer, manufacturer and operator of unmanned delivery drones for commercial and humanitarian applications, has secured $22 million in Series A funding. Wingcopter 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. The current model, the Wingcopter 178 Heavy Lift, provides both one- and two-way delivery, covering distances of up to 74 miles. 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. To further expand its market reach, Wingcopter is already accepting pre-orders for the next generation of its aircraft. In addition to selling drones, Wingcopter will rapidly expand its drone-delivery-as-a-service off erings. These services give customers…