The company specializes in the design and manufacture of autogyros in the form of ready-to-fly aircraft.

[1][2] Vittorio Magni was born in 1938 and started work in the rotorcraft industry in 1956 at Agusta.

In 1986 he started VPM SNC, to build composites and other parts as a subcontractor for helicopter manufacturers such as Agusta and Aerea SpA.

The new company also built racing cars for the Spanish Constructora Nacional de Maquinaria Eléctrica S. A.

[3] Designs developed include the two-seat open cockpit M-14 Scout, the two-seat M-16 Tandem Trainer, the small single-seat open cockpit M-18 Spartan and the two side-by-side enclosed cabin M-24 Orion[1][2] Summary of aircraft built by Magni Gyro: