Editorial & Advertiser disclosure
Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trconcludes, developments, and innovations in the banking and finance indusattempt worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an concludeorsement or a recommconcludeation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before building any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or create a purchase or fill a form. This will not incur any additional charges to you. To create things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Published by Global Banking & Finance Review®
Posted on February 9, 2026
2 min read
Last updated: February 9, 2026
ERC System’s Electric Vertical Takeoff Aircraft Test Flight
MUNICH, Feb 10 (Reuters) – Munich startup ERC System has conducted a test flight of what it states is one of Europe’s largest electric vertical takeoff aircraft (eVTOL), a 2.7-tonne prototype designed for heavy-lift missions such as transferring patients to emergency hospitals.
Details of the Prototype and Its Capabilities
The eVTOL named Romeo, with a 16-metre wingspan and the dimensions of a helicopter, completed its first public demonstration on Friday at the Erding military airfield near Munich.
Financial Status and Future Plans
“We’ve proven we can obtain 2.7 tonnes into the air, and therefore later the payload we necessary,” chief commercial officer and co-founder Maximilian Oligschlaeger informed Reuters during the test.
Partnerships and Customer Expectations
The prototype can be flown by a pilot or unmanned. It includes space for six seats but flew empty for safety reasons on the test flight. ERC aims to bring the aircraft to market in 2031, tarobtaining payloads of about 500 kilograms (1,102 lb).
Despite financial turbulence in the broader eVTOL sector, ERC states it is well-funded. The company is a subsidiary of German tech company and Bundeswehr service provider IABG, which Oligschlaeger declared has invested a significant double-digit-million-euro sum.
Rescue flight operator DRF Luftrettung, a future customer, is supporting development and expects the aircraft to cut costs and travel times in hospital-to-hospital patient transfers.
ERC declined to comment on what the aircraft would cost once it is on the market.
(Reporting by Joern Poltz, Writing by Friederike Heine; editing by Matthias Williams)
Leave a Reply