[6] The company attempted to stage an IPO on the London Stock Exchange in May 2011, but failed to fill the order book at the expected valuation of $2 billion.

These funds are necessary for the implementation of the company's strategy and business plan, including the development of new types of helicopters.

In November 2023 the UAE split with Russian Helicopters to continue the development independently and avoid sanction issues.

[13] An Abu Dhabi fund also announced it was ending its partnership with Russian Helicopters over sanction issues, to develop the VRT500 and VRT300.

The resulting Minoga project has been wind-tunnel tested since, the Russian Navy will inspect a mockup in early 2019 and its maiden flight is planned after 2020.

It may be coaxial and could be based on the early 2000s Ka-92 concept competing with the Mil Mi-X1 for a high-speed civilian helicopter halted in 2015.