Volocopter Secures $1 Billion In Financing For eVTOL Air Taxi Fleet

Volcopter’s VoloCity two-seat eVTOL air taxi is now in flight testing.
Credit: Volocopter
Volocopter has secured a commitment for up to $1 billion in financing to build its fleet of electric vertical takeoff and landing (eVTOL) passenger and cargo vehicles. The German startup has entered into an agreement in principle with lessor Aviation Capital Group (ACG) to finance the aircraft. “The...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

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