NEOM
and GLy Capital Management of Hong Kong have funded Volocopter's investor base.
The company said the funding will carry it beyond the certification of its
electric passenger aircraft, the VoloCity air taxi.
According
to Dirk Hoke, CEO of Volocopter, attracting NEOM And GLy as investors is a
great success and highlights our pole position in the commercial certification
race. This is the key requirement to launching commercial operations and
starting to generate revenue..
Volocopter
has more than 10 years of experience and upward of 1,500 successful test
flights. As one of the first electric vertical takeoff and landing (eVTOL)
company to receive Design Organization Approval (DOA) from the European Union
Aviation Safety Agency (EASA), Volocopter expects to launch its first
commercial air taxi routes in the next two years in megacities like Singapore,
Rome, Paris, and the NEOM region.
Volocopter
and NEOM signed a joint venture (JV) company in December 2021, becoming
strategic partners to integrate the VoloCity and the VoloDrone into NEOM's
sustainable and smart mobility systems. The JV will design, integrate, and
operate all-electric public flight routes for the initial seven years.
"At Neom we strongly believe in
the potential for urban air mobility to provide a new dimension to future
integrated transport systems. Building on our successful collaboration with
Volocopter, we are excited to strengthen our partnership and to make a
strategic investment in the future of mobility. We believe Volocopter is the
best partner to build an advanced air mobility ecosystem in Neom. We look
forward to realising this exciting mission jointly with Volocopter and its
global partners" said Florian Lennert, Head of Mobility of NEOM.
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