German drone delivery company Wingcopter has secured its next investment from SYNERJET Corp, a leading business aviation specialist in Latin America, with operations in Brazil, Colombia, Ecuador, Chile, Panama, and Guatemala. The new funding follows recently announced investments from Japan-based DRONE FUND as well as UBER co-founder Garrett Camp’s Expa.
SYNERJET has made the investment shortly after joining Wingcopter’s Authorized Partner Program (WAPP),
which allows companies to act as a distributor and local technical support provider for the Wingcopter 198. As an Authorized Partner, SYNERJET wants to target drone operators, logistics companies, and providers in the healthcare industry. For Wingcopter, the partnership represents an important gateway to the Latin American market and is a major milestone in its global expansion plans. The company will benefit from SYNERJET’s in-depth knowledge of the regulatory framework as well as its strong relationships and experience with local civil aviation authorities.
SYNERJET joins existing investors DRONE FUND, Expa, Xplorer Capital, Futury Capital, Hessen Kapital III, and Corecam Capital Partners in the run-up of Wingcopter’s Series B investment round in 2022.
Tom Plümmer, CEO of Wingcopter, offerred some comments on the influx of capital: “We would like to thank SYNERJET’s CEO José Brandão and the whole team for their trust in Wingcopter. Making this investment right after becoming our first Authorized Partner in Latin America shows that they understand the huge potential of what we are creating here at Wingcopter. The region offers enormous growth opportunities for both companies and we look forward to scaling across the continent together”, comments
Why it’s important: This additional capital allows for future expansion of infrastructure that supports advanced aerial mobility efforts, namely the deployment of drones that operate beyond line of site (BVLOS) in regions across the world. Continued refinement of these operational media are crucial in order to stabilize foundational technologies that eventually will allow advanced aerial mobility services to operate.