German eVTOL
manufacturer Volocopter has announced it is restructuring as it looks for investments to continue building its VoloCity air taxi. The company was due to enter the market by the end of this year with an electric aircraft that can link urban centers and airports.
Business as usual
Volocopter GmbH, which was founded in 2011, confirmed it has filed an application for the opening of insolvency proceedings at the Karlsruhe Local Court on December 26th, 2024. The Karlsruhe Local Court began the provisional insolvency administration the following day and appointed Tobias Wahl as administrator. According to the company, it will continue operating for the foreseeable…
