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Volocopter raises $170 million, valuation nears $2 billion

Volocopter raises $170 million, valuation nears $2 billion

Our Correspondent4 March 2022 4:31 PM GMT

Volocopter recently signed a $1 billion financing deal with Aviation Capital Group for sale and leasing of drones.

Through this acquisition, Volocopter is now the first and only electric vertical take-off and landing (eVTOL) company holding both the required design and production organization approvals (DOA and POA) to advance its aircraft toward commercial launch

Volocopter acquires DG Flugzeugbau; secures EASA production approval

Our Correspondent6 July 2021 4:34 PM GMT

July 6, 2021: The pioneer of urban air mobility (UAM), Volocopter, today announced that it has secured production organisation approval (POA) in...