Mercedes-backed flying taxi company Volocopter goes bankrupt

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Mercedes-backed flying taxi company Volocopter goes bankrupt

By admin, Aralık 31, 2024

Mercedes-backed flying taxi company Volocopter goes bankrupt





Mercedes-backed flying taxi company Volocopter goes bankrupt



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Europe’s flying taxis flapping its wings We told you last month that he was having difficulties. Following that news, Germany-based electric aircraft startup Lilyannounced that it had stopped its activities, which had been continuing for more than 10 years. Now, another flying taxi initiative backed by Mercedes Volocopterannounced that it has filed for bankruptcy.

Volocopter threw in the towel

Air taxi startup Volocopter said on Monday that it was unable to raise new funding to maintain regular operations. filing for bankruptcy found. Mercedes-Benz ve Honeywell The backed company plans to continue its business operations in search of additional financing during bankruptcy proceedings.




Mercedes-backed flying taxi company Volocopter goes bankrupt



See Full Size


In the statement made by the company, “Despite recent intense fundraising efforts, it has not been possible to find a suitable solution to maintain regular operations outside of bankruptcy proceedings.” It was said. Volocopter’s eVTOL for urban use, founded in 2011 VoloCity It was planned to enter the market in 2025.

The company’s CEO, CEO Dirk Hoke, said in a statement: “We are ahead of our industry peers in our technological, flight testing and certification progress. “This makes us an attractive company to invest in as we organize ourselves through internal restructuring.” he said.

Although the electric vertical takeoff and landing (eVTOL) industry has been growing in recent years, dozens of companies operating in this field are struggling to generate revenue from their operations. China both regulates the eVTOL industry and supports its local companies. Companies here are experiencing serious difficulties because regulations and support from Europe are limited. While Lilium, which announced that it has stopped its operations, is looking for ways to escape from bankruptcy, it is unclear whether a savior will emerge for Volocopter.






Source

https://www.reuters.com/business/aerospace-defense/german-air-taxi-start-up-volocopter-files-insolvency-2024-12-30/


https://techcrunch.com/2024/12/30/mercedes-backed-volocopter-files-for-bankruptcy/






















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