Volocopter seeks new investors as risks of insolvency looms
Volocopter CEO Dirk Hoke recently told German media that the eVTOL developer may need to look at insolvency options, after the company failed to secure loans from the Baden-Württemberg and Bavarian states to support its electric aircraft development. “Volocopter has been transparent that the fundraising market has been difficult in the past few years,” Hoke…