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Mercedes-backed Volocopter files for bankruptcy

German electric air taxi company Volocopter has filed for bankruptcy protection, the latest in a string of similar startups to hit financial turbulence. The company plans to keep operating while it searches for new investors. “We are ahead of o

By: techcrunch.com

Dec 30 2024
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Mercedes-backed Volocopter files for bankruptcy — Mercedes-backed Volocopter fil

German electric air taxi company Volocopter has filed for bankruptcy protection, the latest in a string of similar startups to hit financial turbulence. The company plans to keep operating while it searches for new investors. “We are ahead of our industry peers in our technological, flight test, and certification progress. That makes us an attractive […]