Volocopter filed for insolvency at the end of December. After Lilium, it was the second German e-VTOL startup to do so. Since December, the provisional insolvency administrator Tobias Wahl from Anchor Rechtsanwälte has been working on a reorganisation solution. Business operations initially continued, and Volocopter announced its intention to “develop a restructuring concept by the end of February and implement it with investors” by the end of February. “The company needs financing to take the final steps towards market entry,” said Wahl.
However, as the German press agency DPA, among others, writes, a solution is still a long time coming, and the provisional proceedings have now been transferred to regular insolvency…
