The dream of flying taxis just hit a big roadblock. Volocopter, a German company making electric air taxis, has gone bankrupt. Over 10 years, the company raised $544 million from investors like Saudi ...

Advanced air mobility developer Volocopter has entered insolvency proceedings, as it pledges to continue its quest for funding. “Volocopter GmbH filed an application for the opening of insolvency ...

German electric air taxi company Volocopter has filed for bankruptcy protection, the latest in a string of similar startups to hit financial turbulence. The company plans to keep operating while it ...

Volocopter’s VoloCity eVTOL aircraft would carry a pilot and one passenger on flights of up to around 20 nautical miles. © Volocopter ...

Dec 30 (Reuters) - Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations. Sign up here. "Despite recent ...

Established in 2007, Volocopter GmbH focuses on eVTOL development, aiming to provide innovative solutions for urban air mobility (UAM). It is a pioneer in sustainable urban air mobility, primarily ...

Volocopter has named former Lilium finance chief Oliver Vogelgesang as its new CFO, effective immediately. Vogelgesang succeeds Christian Bauer in the role at the Bruchsal-based electric vertical take ...

Fewer than half of Volocopter’s employees will resume work after the restructuring After being rescued from insolvency, Volocopter will resume work on its two-seat VoloCity eVTOL aircraft.

BERLIN (Reuters) - German aviation startup Volocopter has teamed up with logistics group DB Schenker to deploy its heavy-lift drones, in a project that will gather vital practical flying experience ...