It was proposed to the Emergency Fighter Program against the allied bombing raids over Nazi Germany in the last years of World War II.

[1] The Fliegende Panzerfaust was a rocket-powered design meeting the demand for a low-cost aircraft in a very-short-range interceptor role.

[citation needed] Powered by six Schmidding SG 34 solid-fuel rocket engines, three on each side on the rear half of the fuselage, the Fliegende Panzerfaust was a small aircraft with an armored nose, a v-tail, a wingspan of 4.5 m and a length of 6.0 m.[2] This Zeppelin-built aircraft would have been released upon reaching combat altitude above the enemy bomber fleet.

Shortly before contact with the combat box below it would ignite its engines, attacking the target bomber by firing two 73 mm RZ 65 air-to-air rockets at extremely close range.

[4] Data from Dieter Herwig & Heinz Rode, The Luftwaffe Secret Projects: Ground Attack & Special Purpose Aircraft.