Flying taxi startup Volocopter said today it was filing for insolvency, days after another fellow German company in the field, Lilium, was saved from collapse. “Despite recent intensive fundraising efforts, finding a viable solution to maintain regular operations outside of insolvency proceedings has not been possible,” Volocopter said in a statement, adding that the filing…
Volocopter files for insolvency, remains bullish on 2025 type certification Aerospace Global News Read the original article here
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Text size Flying taxi startup Volocopter said Monday it was filing for insolvency, days after another fellow German company in the field, Lilium, was saved from collapse. “Despite recent intensive fundraising efforts, finding a viable solution to maintain regular operations outside of insolvency proceedings has not been possible,” Volocopter said in a statement, adding that…
German Flying Taxi Startup Volocopter Files For Insolvency Barron’s Read the original article here
The German electric vehicle takeoff and landing (eVTOL) aircraft developer Volocopter has filed for insolvency while seeking new investors to rescue the future flight project. The CEO of Volocopter, Dirk Hoke, confirmed on December 30, 2024, that the company filed an application for the opening of insolvency proceedings at the Karlsruhe Local Court on December…
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