March 22nd, 2021
BERLIN, 3/22/2021: German air taxi startup Volocopter plans to raise fresh funds from investors, its Chief Executive Florian Reuter said on Thursday, adding that a deal to go public via a special purpose acquisition company was one option.
Volocopter this month tapped investors led by U.S. asset manager Blackrock for 200 million...
August 31st, 2018With the ride-hailing services getting a major boost for a few months now, world’s largest cab aggregator Uber may now come up with flying taxi by the year 2023.
It has been reported that Uber has shortlisted India and four other countries as potential markets where it may launch its air mobility services in the next five years....
May 24th, 2018Researches from the IIT-Kanpur in collaboration with VTOL Aviation India Pvt Ltd, have agreed to a $2.2 Mn Memorandum of Understanding (MoU) to develop the prototype of a auto-piloted vertical takeoff and landing (VTOL) craft, which could be used as flying taxi or facilitate air travel.
“We will establish a proof of concept and...