20-Nov-2023Source: SDF
Strategic Development Fund (SDF), an Abu Dhabi strategic investment firm, finalized and signed an agreement to exit and unwind Aeroter PTE LTD its partnership with Russian Helicopters related to development of the VRT500 Helicopter and VRT300 UAV programs. In November 2020, SDF and Russian Helicopters entered into a partnership in Singapore through Aeroter PTE LTD... Read more
15-Nov-2021
Singapore-based Aeroter today announced an exclusive five-year agreement with Swedish company Savback Helicopters AB to distribute and sell its innovative VRT500 light, single-engine helicopter. From its headquarters in Sweden, Savback will also cover sales representation of the aircraft in Norway, Denmark, and Finland. The co-axial format VRT500 helicopter is on display at the Dubai Airshow,... Read more
14-Nov-2021Source: Tawazun
The Tawazun Economic Council has announced at the Dubai Airshow that it has signed a letter of intent to purchase 100 VRT500 helicopters from aerospace company Aeroter for €216.9 million ($248.2m). Deliveries of the helicopters, which will be used by the government, are expected by the end of 2023. “We are pleased to close this... Read more
