Luxury Electric Aircraft Developer VRCO, Signs MOU with Spanish Firm CITD

Aug. 31, 2022

Luxury electric aircraft developer VRCO, has appointed Spanish firm CITD as its sole design and engineering partner, for the XP4 and XPC and agrees on manufacturing support, flight testing and regional representation for eVTOL training.

The two companies have agreed a design and engineering program for VRCO’s XP4 Electric Air Vehicle and XPC Cargo variant, which will also include the deployment of training hardware – essential because of the Xcraft XP4’s unique flight deck – and an eVTOL curriculum.

CITD are seeking to maximize opportunities from the emergence of the new segment of electric aircraft.

“We are entering the ‘Age of Airvolution,' and in the near future, learning to fly will be accessible, affordable and will provide a strong rewarding career," Michael Smith, founder and CEO of VRCO said.