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Tag: Volocopter

First Successful Flight of Volocopters VoloDrone
Automobile

First Successful Flight of Volocopters VoloDrone

HAMBURG, Germany, Oct. 12, 2021-- Volocopter's electric heavy-lift drone VoloDrone conducted its first public flight today at ITS World Congress 2021. Together with the international logistics leader DB Schenker, Volocopter, the pioneer of urban air mobility (UAM), demonstrated VoloDrone's seamless integration into the logistics supply chain with an end-to-end cargo transport demonstration. The partners showed their significant progress together since DB Schenker became a strategic investor of Volocopter in early 2020. The 3-minute test flight took off at 3:02 p.m and reached a maximum altitude of 22 meters. For this delivery simulation, the electric heavy-lift utility drone was equipped with a load-box in between its landing gear. First, the demonstration teams secured a Euro-pal...
Air taxi startup Volocopter gains key production certification in Europe
Automobile

Air taxi startup Volocopter gains key production certification in Europe

BERLIN, July 6, 2021 (Reuters) - German flying taxi startup Volocopter said it was acquiring long-time partner DG Flugzeugbau, in a step that secures its compliance with the European Union air safety regulator's production standards. The acquisition, the terms of which were not disclosed, means that Bruchsal-based Volocopter now has production organization approval in compliance with the European Union Aviation Safety Agency (EASA), in addition to the existing EASA design approval. "Volocopter is now the first and only electric vertical take-off and landing company holding both the required design and production organisation approvals to advance its aircraft towards commercial launch," it said in a statement. Volocopter hopes to bring its two-seater flying taxi, which looks like ...
Flying Taxi Platform Volocopter eyes fresh capital, SPAC an option
Automobile

Flying Taxi Platform Volocopter eyes fresh capital, SPAC an option

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 euros ($239 million) in backing as it seeks certification for its battery-powered flying taxi. "We expect to need more money in the future," Reuter said in an interview. "You can expect us to continue raising money going forward." Aims to bring its VoloCity air taxi into commercial service in the next two years, in a race with startups including U.S. rival Joby which plans to go public via a $6.6 billion SPAC deal. Joby, which has partnered with Toyota...