Ever since our establishment in 1858, Itochu’s corporate mission has been the spirit of “Sampo-Yoshi”. We believe Wingcopter is best positioned to become the market leader in this field with its superb product as well as capable and dedicated team. Takanori Morita, Executive Officer of ITOCHU and CEO of ITOCHU Europe PLC, through which ITOCHU has made the investment, comments: “Drone delivery has the potential to revolutionize how we transport goods, and it can immediately improve the quality of life for many people across the globe. Based on a steadily growing number of partnership requests, Wingcopter is looking to onboard more partners, continuously expanding Wingcopter’s reach throughout the world. The partnership with ITOCHU further strengthens Wingcopter’s expansion in Japan, one of the most important markets for drone delivery in the future, given the country’s progressive approach to integrating drones into everyday life. In late 2021, Wingcopter had announced business aviation specialist SYNERJET Corp as an Authorized Partner for Latin America. Authorized partners include drone operators, resellers, and agents that are trained and allowed to operate, promote, lease, and distribute the Wingcopter 198 technology in their respective region. The WAPP is Wingcopter’s global network of strategic partners. With an annual trading revenue of USD 93 billion, ITOCHU is one of the largest Japanese general trading companies (sogo shosha), employing 125,000 employees worldwide. On top, the Japanese conglomerate also decided to make a strategic investment in Wingcopter. ITOCHU joins Wingcopter’s Authorized Partnership Program (WAPP) and will act as a dedicated distributor and lessor for the Wingcopter 198, Wingcopter’s new eVTOL delivery drone, in Japan. Weiterstadt, Germany / Tokyo, Japan, March 29, 2022 - German drone delivery pioneer Wingcopter has announced the signing of a strategic partnership agreement with ITOCHU Corporation.
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