About Volocopter
Volocopter pioneers safe, quiet, and sustainable all-electric aircraft solutions.
Headquarters
Volocopter, Bruchsal
Founded
2011-01-01
Industry
Aerospace, Air Transportation, Electric Vehicle, Transportation
Last Funding Type
Undisclosed
Valuation
1
Total Funding
$544.37 million dollars
IPO Status
Private
Financial
Volocopter may be growing as evidenced by its partnership with Bristow to bring urban air mobility (UAM) services to the U.S. and U.K., which suggests an expansion of operations and potential increase in market presence. Additionally, the company is preparing to launch its electric flying taxi at the Paris Summer Olympics, indicating progress in product deployment and market penetration. Furthermore, Volocopter is mentioned in a global drone logistics and transportation industry analysis report, which forecasts significant market growth, implying that the company is part of a rapidly expanding industry sector.
Volocopter focuses on enhancing the safety, efficiency, and energy management of its air taxis. Innovations include methods for controlling transition aircraft between take-off/landing and horizontal flight, ensuring data communication integrity using blockchain, and optimizing battery modules with aerogel and phase change materials for thermal management. Advanced cooling systems for batteries incorporate fire protection and latent heat storage. Redundancy in flight control systems and methods for managing multiple actuators ensure reliability. Volocopter also explores aircraft with folding mechanisms for compactness and passive elastic teeter bearings for rotor stability. Their R&D spans efficient aircraft operation, secure flight log management, and improved loading/unloading processes for vertical take-off and landing aircraft.
Volocopter is in urgent talks with investors to secure additional funding after failing to clinch a previous deal. Additionally, Saudi Arabia's Neom project has partnered with Volocopter for transportation to regions like The Line.
Volocopter focuses on enhancing the safety, efficiency, and energy management of its air taxis. Innovations include methods for controlling transition aircraft between take-off/landing and horizontal flight, ensuring data communication integrity using blockchain, and optimizing battery modules with aerogel and phase change materials for thermal management. Advanced cooling systems for batteries incorporate fire protection and latent heat storage. Redundancy in flight control systems and methods for managing multiple actuators ensure reliability. Volocopter also explores aircraft with folding mechanisms for compactness and passive elastic teeter bearings for rotor stability. Their R&D spans efficient aircraft operation, secure flight log management, and improved loading/unloading processes for vertical take-off and landing aircraft.
Volocopter is in urgent talks with investors to secure additional funding after failing to clinch a previous deal. Additionally, Saudi Arabia's Neom project has partnered with Volocopter for transportation to regions like The Line.
Funding Rounds
7
Number of Lead Investors
5
Total Funding Amount
$544.37 million dollars
Number of Investors
35