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Volocopter Files For Bankruptcy (simpleflying.com)

submitted 1 month ago* (last edited 1 month ago) by BrikoX@lemmy.zip to c/aviation@lemmy.zip

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German eVTOL manufacturer Volocopter has announced it is restructuring as it looks for investments to continue building its VoloCity air taxi. The company was due to enter the market by the end of this year with an electric aircraft that can link urban centers and airports.

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[–] panchobarnes@lemm.ee 2 points 1 month ago

Wow I thought they had a much better shot than many of the EVTOL companies. They kept their design super simple and practical, not just playing to investors.