German drone delivery firm Wingcopter deepens roots in Japan
Wingcopter, an eVTOL manufacturer and drone delivery service provider based out of Germany, has finally roped in ITOCHU, one of the largest general trading companies (sogo shosha) in Japan, as a strategic investor and authorized partner. Wingcopter first hinted at this partnership in December 2021, when it announced an investment from Drone Fund, a Japan-based venture capital firm dedicated exclusively to the drone technology ecosystem.
As part of the agreement, ITOCHU joins Wingcopter’s Authorized Partnership Program (WAPP) and will act as a dedicated distributor and lessor for the Wingcopter 198 triple-drop delivery drone in Japan. The Japanese conglomerate will also invest an undisclosed amount in the German company.
It’s no secret that Wingcopter sees Japan as one of the most important markets for drone delivery applications “given the country’s progressive approach to integrating drones into everyday life.” In 2020, the company signed a partnership…