Volocopter continued certification flight tests of the VoloCity even as it operated under insolvency administration.
Credit: Volocopter
Once the leaders in a nascent market, German electric air taxi startups Lilium and Volocopter are clinging to diminishing hopes of financial rescue. The latter has joined the former in full insolvency proceedings, which could lead to a sell-off of its assets, although talks with a potential investor...
German eVTOL Pioneer Volocopter Joins Lilium In Bankruptcy Proceedings is available to both Aviation Week & Space Technology and AWIN subscribers.
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