evtol

Dirk Hoke to Become New CEO of Volocopter

Dirk Hoke to Become New CEO of Volocopter

8 March 2022, Dirk Hoke, former CEO of Airbus Defence & Space, was announced as Chief Executive Officer and Managing Director of Volocopter, the pioneer of urban air mobility (UAM) by the company’s Advisory Board, starting September 2022. He will follow...

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Volocopter Raises USD 170 million in First Signing of Series E Financing Round

Volocopter Raises USD 170 million in First Signing of Series E Financing Round

Volocopter, the pioneer of urban air mobility, has raised USD 170 million in the initial signing of its Series E funding round led by South Korean investor WP Investment, at a pre-money valuation of USD 1.7 billion. Composed of funds by new and existing...

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Seletar Aerospace Park to Support Advanced Air Mobility Growth

Seletar Aerospace Park to Support Advanced Air Mobility Growth

Seletar Aerospace Park, Singapore’s centrepiece for the aerospace sector has been identified as a future Advanced Air Mobility (AAM) hub with an enabling ecosystem for the industry. Today, JTC, the masterplanner for Seletar Aerospace Park, and the Singapore...

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ACG to Finance Volocopter Fleet of Aircraft for USD 1 billion

ACG to Finance Volocopter Fleet of Aircraft for USD 1 billion

Volocopter, the pioneer of urban air mobility (UAM), and Aviation Capital Group LLC (ACG) have entered into an agreement in principle to develop financing solutions that will assist with the sale of Volocopter’s family of electric vertical take-off and...

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AutoFlight starts in Europe : Airtaxi ‘Prosperity I’ targets certification by 2025

AutoFlight starts in Europe : Airtaxi ‘Prosperity I’ targets certification by 2025

AutoFlight, the Chinese eVTOL pioneer, continues its global expansion and establishes its first location in Europe: A team led by former Airbus manager Mark R. Henning is now ramping up at Augsburg Airport in Germany. AutoFlight starts in Europe : Airtaxi...

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