Ducktrain - DroidDrive files for insolvency

At the end of April, DroidDrive GmbH filed for insolvency with the Aachen District Court. Lawyer Dr. Dirk Wegener was appointed as provisional insolvency administrator and is now looking for new investors.

The company DroidDrive was founded in 2018 and specializes in the development of a special transport vehicle for urban logistics over short distances. It is the so-called Ducktrains a kind of electric trailer, which should automatically follow a lead vehicle or a leader.

Readiness for series production and market launch are within reach. We will do everything in our power to attract new investors by means of a viable restructuring concept.

Dr. Dirk Wegener, Attorney and Partner dhpg

Currently, 18 employees work at DroidDrive. Last year, tests were successfully conducted with large logistics and e-commerce companies in Europe, and there were pre-orders from customers for their vehicles. Social media can track visits from Hermes Logistics, heijmansnl and Deliver it, among others. The Ducktrain consists of individual Ducks with containers. These have a payload of 300 kg per unit and can transport up to 1500 kg per vehicle. The company is now in the final phase of readying the first generation of vehicles for series production and plans to launch them in the second quarter of 2024.

Searching for investors

Delays in negotiations with potential investors led to financial difficulties and ultimately to DroidDrive filing for insolvency. The insolvency administrator aims to enable a turnaround of the company by attracting new investors, thus creating a positive future perspective for DroidDrive.

In the environment of RWTH Aachen University, the spin-off of DroidDrive GmbH took place in 2018. The founders Kai Kreisköther and Fabian Kober had previously worked together for many years on the development of electric and automated vehicles as well as logistics concepts.