Piasecki Aircraft Corporation (PiAC) and EDM Aerotec have signed a cooperative development and license agreement for the CoAX-2D two-seat coaxial helicopter. EDM Aerotec developed and certified the CoAX-2D as a Light Sport Aircraft under German airworthiness authority. The agreement provides PiAC exclusive rights to produce, sell and support the CoAX-2D in North America, and provides a collaborative framework for further research and development. “This is a great opportunity for both EDM-Aerotek and PiAC. The two companies share a similar heritage and the partnership expands market and R&D opportunities for both companies” stated PiAC President and CEO, John Piasecki. Anja Ernst, CEO EDM Aerotec, confirmed: “The cooperation with PiAC is a milestone for EDM Aerotec, since not only can the CoAX be established in America, but both partners can also continue to develop and complement their know-how, this is the perfect prerequisite for future developments.”
PiAC has procured two CoAX-2D helicopters for engineering and flight evaluations to support near term research and development objectives. As part of the collaboration, PiAC will conduct a market and technical feasibility assessment to determine the best path forward to obtain FAA certification. Potential markets include training, personal transport, utility inspection, and other uses requiring an affordable two-person helicopter capability. With advances in simplified vehicle operation (SVO), PiAC sees potential growth in access and utilization of vertical lift mobility for both personal and commercial applications.
This press release was prepared and distributed by Piasecki Aircraft Corporation.
