Today the US tech giant Intel announced that it has invested more than $60 million in Yuneec, a worldwide leader in electric aviation.
Established in Hong Kong in 1999, Yuneec International has filed hundreds of patents that power its manned aircraft as well as its drones and its market leading line of radio controlled aircraft for the hobby market.
On the video.- Brian Krzanich (CEO Intel) and Tian Yu (CEO Yuneec International) tell about the purchase operation and the collaboration between both companies. To watch the video, click here
Yuneec has over 1800 employees located in Hong Kong, Shanghai, Los Angeles and Hamburg. The company manufactures over 1 million units a year, sold under OEM/ODM brands as well as the Typhoon brand of multi-copters. Among Yuneec achievements they are included the introduction of the hobby industry’s first “ready to fly” radio control electric powered airplane and the design and manufacture of market leading radio controlled helicopters and micro-copters.
In 2014, Yuneec introduced the world’s first ready-to-fly, out-of-the-box drone. The Typhoon Q500 quadcopter
This year Yuneec improved its Typhoon Q500 quadcopter adding a 4k camera version and introducing a Steady Grip that turn the Typhoon into an “Air and Ground Imaging Solution”. The Chinese company has also created innovate features like WatchMe, making it even easier to capture the perfect video.