Zurich, January 23, 2023: Today, Dufour Aerospace AG announced that it successfully completed a Series B investment from Vista Global Holding Limited (Vista), the world’s leading global private aviation group, further supporting the continued development of sustainable aviation technologies.
In addition to Vista, the existing investors and two new investors participated in the funding round. Vista’s investment and deep industry experience provides valuable support in expanding the considerable potential of Dufour’s innovative tilt-wing technologies and aerospace products. This technology will be applied in Dufour’s unmanned Aero2 aircraft and its flagship manned Aero3 aircraft.
Thomas Pfammatter, CEO, Dufour Aerospace AG said: "We are delighted this financing round was led by Vista, an esteemed global leader in private aviation. Their investment is an important milestone in our journey. They recognise the importance of developing successful products and solutions to support the future of hybrid-electric tilt-wing aircraft."
Thomas Flohr, Founder and Chairman, Vista said: "We are looking forward to supporting the team at Dufour in advancing their sustainable aviation solutions with huge potential to supplement Vista’s global service network in the future. It is an exciting time for Dufour, and this investment is in line with our strategy of supporting environmental air mobility solutions which further reiterates our commitment to ensuring a greener future for our industry."
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About Dufour Aerospace
Dufour Aerospace develops efficient and sustainable aircraft for patient and passenger transport, logistics and public safety. Dufour Aerospace relies on the tilt-wing principle: the tilt-wing aircraft Aero3, which is currently under development, takes off and lands vertically in the smallest space like a helicopter, but flies as fast and economically as an airplane. While the propellers are electrically driven, hybrid elements through conventional turbine or fuel cells ensure a sufficiently long range . In addition to the Aero3, Dufour Aerospace is also developing the Aero2, an unmanned aerial vehicle that is also based on the tilt-wing principle.
Vista Global Holding’s (Vista) subsidiaries provide worldwide business flight services. A global group headquartered at the DIFC in Dubai, Vista integrates a unique portfolio of companies offering asset light services to cover all key aspects of business aviation: guaranteed and on demand global flight coverage; subscription and Membership solutions; and cutting-edge mobility technology. The Group’s mission is to lead the change to provide clients with the most advanced flying services at the very best value, anytime, anywhere around the world. Vista’s knowledge and understanding of all facets of the industry deliver the best end-to-end offering and technology to all business aviation clients, through its VistaJet and XO branded services and duly licensed carriers. Vista is not a direct air carrier and does not operate or charter flights.
With over 30 years of experience in Swiss commercial helicopter operations, we understand the real world requirements of VTOL aircraft. Our engineering team with years of aircraft construction experience is building aircrafts for rugged operations in harsh environments. Our patented combination of proven aerodynamic concepts with the latest technology makes our aircraft rock solid with unparalleled performance.