Volocopter News

eVTOL Insights • Chris Stonor

Volocopter Enters Insolvency Amid eVTOL Aircraft Development

Volocopter GmbH has filed for insolvency in Germany, appointing Tobias Wahl as the insolvency administrator. The company continues its operations while seeking investors, aiming to certify and deliver its VoloCity eVTOL aircraft despite financial challenges. Discussions highlight potential interest from Geely.

2025-01-06T04:57:43.429867-08:00

Aviation Week

Volocopter Files for Insolvency Amid Search for Investors

2024-12-30T01:23:51.639286-08:00

Axios

Volocopter Faces Insolvency: eVTOL Developer Struggles Despite $600M Funding

2025-01-02T08:16:27.608052-08:00

eVTOL Insights

Volocopter Nears EASA Type Certification with 75% Audit Completion

2024-12-16T01:12:37.470357-08:00

Volocopter News Timeline

eVTOL Insights

Volocopter Enters Insolvency Amid eVTOL Aircraft Development Volocopter GmbH has filed for insolvency in Germany, appointing Tobias Wahl as the insolvency administrator. The company continues its operations while seeking investors, aiming to certify and deliver its VoloCity eVTOL aircraft despite financial challenges. Discussions highlight potential interest from Geely.

2025-01-06T04:57:43.429867-08:00

Volocopter Enters Insolvency Amid eVTOL Aircraft Development

Axios

Volocopter Faces Insolvency: eVTOL Developer Struggles Despite $600M Funding Volocopter, the eVTOL aircraft developer, has filed for provisional insolvency, signaling significant challenges in the European market despite raising over $600 million in funding. The company's financial woes highlight ongoing difficulties faced by emerging air taxi firms aiming for sustainable operations.

2025-01-02T08:16:27.608052-08:00

Volocopter Faces Insolvency: eVTOL Developer Struggles Despite $600M Funding

Aviation Week

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Volocopter Files for Insolvency Amid Search for Investors Volocopter, the German eVTOL manufacturer, filed for insolvency proceedings on December 26, 2024, at the Karlsruhe Local Court. The company aims to continue operations while seeking new investors and plans to develop a restructuring strategy by February 2025 to secure its future.

2024-12-30T01:23:51.639286-08:00

Volocopter Files for Insolvency Amid Search for Investors

eVTOL Insights

Volocopter Nears EASA Type Certification with 75% Audit Completion Volocopter has successfully achieved 75% completion of audits for EASA Type Certification. The latest milestone includes passing a significant part of the Electric Propulsion System audit with EASA inspectors on-site, marking a pivotal step in advancing their electric air taxi towards certification.

2024-12-16T01:12:37.470357-08:00

Volocopter Nears EASA Type Certification with 75% Audit Completion

AINonline

Volocopter Leadership Change as eVTOL Certification Delayed to 2025 Volocopter is undergoing leadership changes amid delays in eVTOL certification, now postponed to 2025. The company's strategy faces challenges as it navigates the regulatory landscape to bring its air taxi to market, impacting timelines and potential partnerships in the burgeoning Urban Air Mobility sector.

2024-11-18T09:32:05.183793-08:00

Volocopter Leadership Change as eVTOL Certification Delayed to 2025

eVTOL Insights

Volocopter Appoints Vogelgesang as New CFO from Lilium Oliver Vogelgesang, former CFO at Lilium, joins Volocopter as Chief Financial Officer, effective immediately. With extensive finance experience, he will oversee ongoing fundraising and prepare financial strategies for Volocopter's market entry post-2025 aircraft certification.

2024-11-18T06:45:22.337902-08:00

Volocopter Appoints Vogelgesang as New CFO from Lilium

Urban Air Mobility News

Geely Plans Major $95M Investment in Volocopter to Prevent Bankruptcy Zhejiang Geely Holding Group is reportedly poised to lead a $95 million investment in Volocopter, significantly reducing the German flying taxi company's valuation from $1.9 billion in 2022 to about $110 million. This investment aims to secure an 85% stake while completing due diligence by next month.

2024-11-13T01:43:51.738612-08:00

Geely Plans Major $95M Investment in Volocopter to Prevent Bankruptcy

Aviation Week

Volocopter Reshuffles Board Amid VoloCity Certification Delays Volocopter's strategic alignment sees Chinese investor Geely gain prominence as the company navigates VoloCity's path to certification in early 2025, amidst prior setbacks. This leadership shift aims to stabilize operations and address financial challenges.

2024-09-11T14:48:29.157143-07:00

Volocopter Reshuffles Board Amid VoloCity Certification Delays

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