Dufour Aerospace gains $2.8M grant

Dufour Aerospace gains $2.8M grant

22-May-2023 Source: Dufour Aerospace

Dufour Aerospace announced it was selected by Innosuisse, the innovation agency of the Swiss Confederation, for a grant of CHF2.5M (USD$2.8M). The grant was made pursuant to a 2022 call for projects under the Swiss accelerator program of Innosuisse. Dufour will receive the maximum grant available under the program.

“Dufour Aerospace is a pioneering eVTOL company, and we are pleased Innosuisse recognized our efforts to create globally leading technology in Switzerland,” said Thomas Pfammatter, co-founder and chief executive officer of Dufour Aerospace. “The grant will be used to continue our development of prototypes of the innovative Aero2 unmanned tilt-wing drone. Our team is thankful to Innosuisse for this vote of confidence in our work.”

Dufour Aerospace applied for funding for the development of Dufour’s next generation prototype of Aero2, a key step towards demonstration of the full capabilities of the commercial version of Aero2. Three independent experts evaluated 752 applications made to Innosuisse. 52 companies will receive funding, along with Dufour.

The grant follows several significant milestone achievements by Dufour Aerospace. In January, the company closed a Series B financing round led by Vista Global. In late 2022, Dufour announced the largest civilian drone purchase in U.S. history, made with Spright, the drone division of Air Methods. Meanwhile, prototype development, flight testing and software development continues apace in Switzerland.

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