Volocopter has filed an application for insolvency proceedings at the Karlsruhe Local Court in Baden-Württemberg, Germany.
The application, which was opened on 26 December 2024 and began the following day, will see Anchor Rechtsanwältegesellschaft mbH partner and attorney, Tobias Wahl, as administrator during the process.
Volocopter’s 2X unit takes flight at Gimpo Airport, during MOLIT K-UAM Event, Republic of Korea
© MOLIT
CEO of Volocopter, Dirk Hoke, says:
We are ahead of our industry peers in our technological, flight test, and certification progress. That makes us an attractive company to invest in while we organize ourselves with internal restructuring.
Volocopter states that the decision to apply for insolvency was made…
