Wingcopter Signs 16M Contract With Drone Delivery Company Spright

German drone company, Wingcopter signed a $16M contract withmedical flight service provider Spright, which is currently building a health care drone delivery network across the US with more than 300 locations.

Spright signed a purchase agreement with Wingcopter worth $16 million with the aim to meet the demand of drone services in the US.

Wingcopter fixed-wing drones

The Wingcopter fixed-wing drones will be used to delivermedical supplies, vaccines, blood, and lab samples to medical health care institutions across the country in rural areas.

“This multi-million dollar commercial agreement with Spright is clear evidence that the Wingcopter 198 has a perfect product-market fit”, stated Tom Plümmer, CEO and Co-founder of Wingcopter: “The projected compound annual growth rate (CAGR) for the drone delivery market of more than 50 percent to a total volume of nearly $40bn by 2030 underscores the rapid establishments of EVTOL technology for last-mile logistics. We are excited to be at…