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Aircraft manufacturer files for bankruptcy and reveals its plans
In the United States, Joby Aviation ( JOBY) is currently working to secure regulatory authorization to start running a similar air taxi from downtown Manhattan to JFK Airport in 2025. Delta ( DAL) and Uber ( UBER) were some of the major names to invest in the Santa Cruz-based manufacturer.
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.
Air taxi maker Volocopter files for bankruptcy
German air taxi maker Volocopter has filed for bankruptcy, the company has said. “Despite recent intensive fund-raising efforts, finding a viable solution to maintain regular operations outside of insolvency proceedings has not been possible,
Globalair
3h
German eVTOL maker Volocopter files for insolvency
German eVTOL developer Volocopter has filed an application to being insolvency proceedings. The company issued a statement ...
AeroTime
11h
German eVTOL aircraft developer Volocopter files for insolvency
The German eVTOL aircraft developer Volocopter has filed for insolvency while seeking new investors to rescue the future ...
KERA News
6h
Are flying taxis in Arlington by 2026 realistic? Mayor Jim Ross says yes, experts aren't so sure
Arlington's mayor wants to have electric vertical takeoff and landing taxis, also called eVTOL or flying taxis, in the city ...
5h
Electric air taxis are taking flight. Can they succeed as a business?
Investors are pouring money into the high-risk, high-reward proposition that quieter, greener and battery-powered aircraft ...
1h
Why Archer Aviation Stock Is Sinking Today
Archer Aviation (NYSE: ACHR) stock is moving lower in Monday's trading. The flying electric vehicle (EV) company's share price was down 8.3% as of 2:45 p.m. ET. Meanwhile, the S&P 500 index and the ...
4h
German air taxi start-up Volocopter files for insolvency
Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to ...
Electrek
10d
Jetson encourages world’s first eVTOL races with a pilot onboard [Video]
Single-seat eVTOL developer Jetson has once again become the first in its segment to do something. Well, sort of.
Autoweek on MSN
4d
eVTOL Startup Gets Rescued with New Investment
Electric vertical takeoff and landing (
eVTOL
) startup Lilium reveals last-minute agreement with Mobile Uplift Corporation ...
Aviation Week
12h
Chinese Automaker Changan Partners With EHang On eVTOL
Chongqing Changan Automobile has become the latest Chinese car-maker to embrace the advanced air mobility sector, announcing ...
Electrek
11d
Archer completes construction of US assembly plant, eVTOL production to begin in early 2025
Archer Aviation announced it has completed construction of a new 400,000 square-foot eVTOL manufacturing facility in Georgia ...
Hosted on MSN
10d
Jetson ONE sets stage for eVTOL races, piloted agility around 26ft pylons
Jetson secured two important flight permits in Italy, granting approval for personal eVTOL travel in the country’s ...
The Cool Down on MSN
12h
This major country just signed a deal that brings flying taxis one step closer to reality: 'These partnerships are key'
"There is still a lot of work that needs to be done." This major country just signed a deal that brings flying taxis one step ...
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