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Electric aircraft innovator Dufour Aerospace secures investment

24.01.2023 10:57, Morgane Ghilardi

The startup, which develops advanced electric aircrafts, closed a Series B financing round to accelerate its growth and further develop the innovative tilt-wing technology applied in its aircrafts. Dufour Aerospace has ranked among the TOP 100 Swiss Startups since 2020.



Dufour Aerospace AG 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 provide 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. Both models combine features of helicopter and airplane designs, allowing vertical takeoff and landing.

"We are delighted this financing round was led by Vista, an esteemed global leader in private aviation," said Thomas Pfammatter, CEO and co-founder of Dufour Aerospace. "Their investment is an important milestone in our journey. They recognize the importance of developing successful products and solutions to support the future of hybrid-electric tilt-wing aircraft."

Pfammatter is a pilot and has flown thousands of rescue operations. His aviation expertise is complemented by a career that includes CEO and CFO positions in entrepreneurial and multinational companies. He remains a professional commercial helicopter rescue pilot with Air Zermatt, as well as a fixed-wing, IFR-rated aerobatic pilot.



"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," stated Thomas Flohr, Founder and Chairman of Vista. "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."

Dufour Aerospace made the TOP 100 Swiss Startup ranking in 2020, 2021, and 2022. It was also placed third in the TOP 100 Public Voting in 2021.

 

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