PTC PLM to Enable Development of Volocopter’s Autonomous Air Taxis

FARNBOROUGH, UK. – October 10, 2018 –– PTC (NASDAQ: PTC) today announced that German start-up Volocopter has selected PTC’s Windchill® product lifecycle management (PLM) solution for the development of its autonomous flying transportation systems. Windchill will record, configure, and secure interdisciplinary product structures, requirements descriptions and documents, and manage mechanical, aerodynamic, and electronic CAD models and the associated system software.

Powerful technical functionality and seamless interaction with extensive requirements management and IoT capabilities were decisive in Volocopter’s selection of PTC’s PLM solution.

• Windchill ensures rapid new development by amassing cross-company information at an early stage in the development, production, and testing processes.
• The system’s integrated requirements management functionality support comprehensive coverage of market and regulatory requirements.
• And its strong capabilities around gathering processing measurement and sensor data from test and experimental setups and prototypes enable fast reaction for effective development.

Volocopter was founded in 2011 and aims to revolutionize urban mobility with its autonomous air taxis. The company has developed the world's first, purely electrically powered, autonomous multicopter, which is based on drone technology and is large enough to carry two people. The Volocopter is emission-free, very quiet, and stable in flight. The fully redundant power train, driven by 18 independently-controlled propulsion rotors and an intelligent autonomous control system, make the Volocopter one of the safest aircrafts. The company is supported, among others, by its strategic investors Daimler and Intel.

“We are creating tomorrow’s mobility solution in the third dimension. Urban air taxis are a completely new market, and we are treading on new ground every day,” said Jan-Hendrik Boelens, CTO of Volocopter. “The modular Windchill PLM system gives us the necessary flexibility to grow and stay at the forefront of innovation, while managing all our product data consistently through one central platform.”

Windchill provides a single source of truth for product data and processes to stakeholders throughout an organization. With PLM, organizations can improve product quality by connecting teams directly to live operational data. It can also help reduce IT burden and overhead, while ensuring accessibility and security with both on-premise and cloud deployment options. Windchill is an end-to-end PLM platform that is IoT-ready.

Volocopter plans to connect its machines and supporting infrastructure systems. Windchill, coupled with PTC's ThingWorx® Industrial Innovation Platform, will provide role-based applications to enable improved collaboration, as well as enable the imaging of digital twins to predict and test aircraft behavior in the physical world. Valuable data collected during operation will flow back into the product design process to ensure true closed-loop lifecycle management. This form of development can help Volocopter further expand its current competitive advantage.

"Emerging technologies and breakthrough innovations are not possible without a solid product development solution in place. PLM is that foundation, making its adoption more important than ever for innovative companies like Volocopter,” said Kevin Wrenn, divisional general manager, PLM Segment, PTC. “This spirited start-up has taken the first step to successfully impacting the transformation of mobility as we know it. We look forward to supporting Volocopter in defining and implementing their IoT strategy.”