Volocopter seeks new investors as risks of insolvency looms
Vertical Mag reports: Despite funding setbacks, Volocopter said it still plans to fly in Paris this summer, but it’s unclear what those operations will look like.
Related Coverage: eVTOL, Lilium, Leadership
Vertical Mag reports: Despite funding setbacks, Volocopter said it still plans to fly in Paris this summer, but it’s unclear what those operations will look like.
While Honeywell steers clear of designing its own eVTOL aircraft, it robustly supports the AAM ecosystem by supplying essential components to almost every electric aircraft developer, from Archer Aviation to Volocopter, and maintains equity in three.
In a series of events across Germany, Airbus has publicly unveiled the prototype of its all-electric eVTOL, CityAirbus NextGen, setting the stage for its inaugural flight scheduled for later this year.
In a significant regulatory milestone, Volocopter has been granted approval by German authorities for the serial production of its pioneering VoloCity air taxi, paving the way for commercial scalability.
Volocopter plans to maintain its flight schedule in Paris this summer despite financial challenges and an active search for new investors to forestall insolvency.
Volocopter and Lilium, German eVTOL startups, face a funding deadlock as Bavarian authorities withhold loan guarantee approval, pausing vital federal financial support.
While Honeywell steers clear of designing its own eVTOL aircraft, it robustly supports the AAM ecosystem by supplying essential components to almost every electric aircraft developer, from Archer Aviation to Volocopter, and maintains equity in three.
In a series of events across Germany, Airbus has publicly unveiled the prototype of its all-electric eVTOL, CityAirbus NextGen, setting the stage for its inaugural flight scheduled for later this year.
In a significant regulatory milestone, Volocopter has been granted approval by German authorities for the serial production of its pioneering VoloCity air taxi, paving the way for commercial scalability.
Volocopter's ambition to deploy air taxis for the Paris Olympics is under threat as the company struggles with regulatory approvals and obtaining essential components for its eVTOL aircraft.