The dream of flying taxis just hit a big roadblock. Volocopter, a German company making electric air taxis, has gone bankrupt ...

German electric air taxi company Volocopter has filed for bankruptcy protection, the latest in a string of similar startups to hit financial turbulence.

German eVTOL manufacturer Volocopter has announced it is restructuring as it looks for investments to continue building its VoloCity air taxi. The company was due to enter the market by the end of ...

Germany's Volocopter has entered insolvency proceedings in its home country after a number of successful prototype demos in recent months. The startup's craft uses a large number of individual ...

They’ve been dropping like flies. In just the last 3 months, air taxi hopefuls Lilium Air Mobility and Volocopter filed for insolvency. These companies believed they had the better electric ...

Dec 30 (Reuters) - Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations. "Despite recent intensive ...

Airbus will be pausing the development of the CityAirbus NextGen eVTOL program due to concerns about the lack of maturity of ...

Dirk Hoke, Managing Director of Volocopter, stands in front of a Volocopter at the opening of a hangar for electrically powered air cabs. Bernd Weißbrod/dpa German air taxi manufacturer ...

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Autonomous air taxi service Volocopter just had its first test flight in Dubai. The giant drone-like vehicle has two seats, 18 propellers, and is powered by nine batteries. This allows it to have ...

Volocopter is one of the more well-funded electric air taxi startups, having raised hundreds of millions of dollars over nearly a decade with backing from major automakers like Germany’s ...