CEO Dirk Hoke will leave Volocopter in February 2025 and Dieter Zetsche, former CEO of Daimler-Benz, has been named Chairman of the AAM startup's Advisory Board
Although shareholders have put more money into advanced air mobility, getting government loans could still be crucial, and avoiding program delays will be key.
Advanced air mobility startup Volocopter has secured fresh funding that is expected to finance the company beyond certification of the VoloCity multicopter.
The CEO of Lilium says the company may have to leave Germany if it cannot secure government funding for development and certification of its Lilium Jet.
The two German air taxi companies need state support to exit a funding crisis, but party politics and risk aversion may force their sale to foreign investors.