The company plans to harness this technology and design, develop, manufacture, market and distribute a revolutionary range of new Coaxial Rotor System small format, easy-to-fly, helicopters for Australian and overseas markets.

The company has complete, working prototypes on which development will be based. The company will develop one, two and four seat models in combustion engine and electric motor configurations.

As outlined in this Offer Document, the technology contained in these new models is very exciting and sets these helicopters apart from traditional helicopters.

Not only are the WHT models physically different, they also offer considerable advantages over traditional models.

The absence of a tail rotor with the inclusion of a coaxial main rotor makes these craft more stable, more manoeuvrable, quieter, safer and provides a better power to weight ratio.

It has greater lift and is much more efficient than traditional helicopters. Running costs, particularly with the electric motor version, are significantly lower.

An important by-product of this technology is that pilot training is much simpler and therefore takes a lot less time and money to complete.

A one-seat version in both configurations means that one person can cover significant distances, quickly and efficiently.

In addition to the actual manufacture, marketing and distribution of this new breed of small format helicopter, WHT plans to provide after-sales service, manage the pre-used helicopter market and organise financing and leasing arrangements.

Wieland Coaxial Rotor System helicopters will make a significant impact on the existing helicopter market. They will add to demand and expand the market for helicopters.