Volocopter

2024 was supposed to be the year that eVTOL air taxis launched services, but by mid-year it was apparent that goal was no longer obtainable.

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

Our roundup of the main aerospace and defense stories making the news this week.

MagniX unveils hybrid testbed; VoloCity vibration testing; UK gets first vertiport; electric aircraft training.

Some eVTOL industry-watchers are beginning to question whether the juice is truly worth the squeeze when it comes to large-scale air taxi demos.

Our roundup of the main aerospace and defense stories making the news this week.

The flight was planned to coincide with Paris' hosting of the 2024 Summer Olympics.

The study was conducted by Lufthansa Innovation Hub alongside Roland Berger, V2AIR and Unisphere.

The UK regulator also struck an agreement with the European Union Aviation Safety Agency to closely cooperate on type certification.

Located on a barge in the River Seine near the Paris-Austerlitz train station, the floating platform is to be used for takeoffs and landings.

Volocopter returned to the top slot in the June edition of the AAM Reality Index with a score of 8.6/10.

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.

Uncrewed helicopter manufacturer and aerial intelligence company SwissDrones has secured $10 million in Series B funding.

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.

Our roundup of the main aerospace and defense stories making the news this week.

Investors have plowed billions of dollars into eVTOL ventures but now many are running out of cash. Listen in to hear the latest on the plight of Lilium and Volocopter.

Lilium CEO Klaus Roewe has slammed German politics for putting the future of the company and the infant advanced air mobility sector in jeopardy.

“We may have to consider filing for insolvency in the foreseeable future,” Volocopter CEO Dirk Hoke told Aviation Week.

EHang returned to the top slot in the April 2024 edition of the AAM Reality Index, with a score of 8.5/10.

Volocopter is still awaiting type certification of the VoloCity by the European Union Aviation Safety Agency and the Japan Civil Aviation Bureau.

A widening gap between the well-capitalized and poorly capitalized startups suggests that not all the publicly traded players will make it to entry into service

The European Commission has adopted a package of legislation for drones and electric vertical-takeoff-and-landing (eVTOL) aircraft.

Several years following the initial explosion of the eVTOL sector, most industry players have converged around one or two primary vehicle concepts.