CycloTech

CycloTech

Develops 360° thrust-vectoring VTOL propulsion systems

Overview

CycloTech GmbH develops propulsion systems for aviation, focusing on the CycloRotor, which provides 360-degree thrust vectoring for VTOL aircraft. The CycloRotor adapts the Voith-Schneider propeller concept to deliver omnidirectional thrust for vertical takeoff and precise control in eVTOL and other VTOL platforms. It operates on a B2B model, selling propulsion systems to aircraft manufacturers and other aviation entities, and is expanding its manufacturing and testing capabilities, including a move into Germany. Its goal is to enable widespread use of CycloRotor-based propulsion in VTOL aircraft and to grow research, development, and production to support commercial deployment.

About CycloTech

Simplify's Rating
Why CycloTech is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Hardware

Industrial & Manufacturing

Aerospace

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$22M

Headquarters

Linz, Austria

Founded

2004

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Simplify's Take

What believers are saying

  • CycloTech won EU and Upper Austria BlackBird funding on December 11, 2025.
  • Austro Control renewed BlackBird operational authorization for 2026 flight testing.
  • VivaTech 2026 exposure broadened OEM and investor visibility beyond Austria.

What critics are saying

  • CycloTech still lacks passenger certification, production aircraft, and OEM delivery revenue.
  • BlackBird remains a testbed; commercialization depends on serial manufacturing after 2026.
  • Grant dependence and deep-pocketed eVTOL rivals threaten CycloTech before 2028.

What makes CycloTech unique

  • CycloRotor enables 360-degree thrust vectoring without tilting the airframe.
  • BlackBird flew in March 2025 as the first six-CycloRotor VTOL demonstrator.
  • CycloTech opened Bavaria operations at Ludwig Bölkow Campus in August 2025.

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Funding

Total Funding

$22M

Above

Industry Average

Funded Over

1 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↓ -1%

2 year growth

↑ 0%
Urban Air Mobility News
Apr 3rd, 2025
Cyclotech eVTOL BlackBird demonstrator makes maiden flight

CycloTech has announced the successful maiden flight of its BlackBird demonstrator, on 27 March.

Core77
Nov 6th, 2024
The Form Evolution of a New Type of Flying Vehicle

An Austrian startup called CycloTech is working on a novel propulsion style for electric flying vehicles.

DX Talks
Oct 17th, 2024
Expand North Star Brings Attention to Future of Creativity and Spirit of Innovation on Final Day

Debuting at the event, Austria's CycloTech GmbH introduced CycloRotors, a sustainable, electrically powered propulsion system for air mobility vehicles, promising unmatched maneuverability.

Brown Brothers Media
Mar 1st, 2024
Austrian aviation tech startup CycloTech raises €20M: Know more

Austria-based CycloTech, an aviation tech firm that claims to be a pioneer in developing innovative flight propulsion technology, announced that it has secured €20M in funding just a few weeks after opening the funding round.

MHM Publishing Inc.
Feb 29th, 2024
CycloTech raises 20 million Euros for aviation propulsion system

The funding from investors will enable further development of the first full scale prototype of the CycloRotor propulsion system.

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