Home / News / China's Sichuan Dahua acquires Europe's ArrowCopter

China's Sichuan Dahua acquires Europe's ArrowCopter

24 Oct '19

1 min read

Pic: Shutterstock

China’s Sichuan Dahua General Aircraft Manufacturing Company has acquired the entire assets of leading European gyrocopter company ArrowCopter. The transaction was brokered by consultants Aerospace Investments Co. Ltd (UK) and Silk Wings Aviation (Beijing). The deal follows the recent conclusion of a formal agreement in an Austrian insolvency court.

Production of the all-composite ArrowCopter will remain in Austria, while discussions take place with several of the company’s former key personnel, according to an ArrowCopter press release.

Sichuan Dahua is committed to investing in production in Europe. There will also be a parallel, complementary certification program to prepare the ArrowCopter for serial production in China.

Sichuan Dahua will continue to further develop the business, focusing on research and development upgrades on the ArrowCopter series, as well as streamlining production within Europe and China.

The market potential for gyrocopters in Asia is developing rapidly, especially in China, where the ArrowCopter will be certified in the lightweight sports (LSA) category. Three Gyrocopter manufacturers have already been certified by the Civil Aviation Administration of China (LSA) and are enjoying strong sales success.

Fibre2Fashion News Desk (DS)

Aerospace Textiles

Leave your Comments

RECOMMENDED

Dutch firm Teijin Aramid secures EcoVadis Gold for sustainability
Aerospace Textiles

US’ Hexcel launches new IM9 24K carbon fibre at JEC World
Aerospace Textiles

US’ Hexcel to show aerospace & industrial innovations at JEC World
Aerospace Textiles

US’ Collins Aerospace tests NASA Space Station Suit in weightlessness
Aerospace Textiles

Rendering of Intuitive Machines' Nova-C lunar lander on Moon. Columbia's Omni-Heat Infinity technology will help protect the lander from the harsh temperatures of space. Pic: Business Wire

US’ Columbia Sportswear offers insulation tech for lunar lander
Aerospace Textiles

India to promote carbon fibre to bolster technical textiles sector
Aerospace Textiles

Megan Glidden. Pic: Megan Glidden/LinkedIn

US’ Web Industries names Megan Glidden as chief financial officer
Aerospace Textiles

Japan’s Toray develops Torayca T1200 carbon fibre
Aerospace Textiles

China's Sichuan Dahua acquires Europe's ArrowCopter

Leave your Comments

Weekly technical textiles newsletter

ABOUT TECHNICAL TEXTILES

Main LINKS

Quick Links

Follow us