Quadcopters and other helicopter-style drones can take off and land vertically with pinpoint precision, but they aren’t as fuel efficient or as fast as fixed-wing drones. On the other hand, fixed-wing aircraft normally require either catapults or relatively long runways to get up to speed before taking off. A spin-off company from the Autonomous Systems Lab at ETH Zurich is trying to provide the best of both worlds with its eponymous Wingtra drone.
Wingtra leads the VTOL drone industry and will use the funds to further grow their market reach and push the limits in their research and development.
Video about Wingtra and the WingtraOne on CNN money with Ana Maria Montero.
Video report from the international news agency Reuters.