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For example, NVIDIA — a manufacturer of high-end graphics processing units — saw its stock price soar 8 percent during after-hours trading on Feb. 22, 2024 after the AI tech giant reported ...
Volocopter GmbH (formerly called E-Volo GmbH) is a German-French aircraft manufacturer based in Bruchsal (near Karlsruhe) and founded by Alexander Zosel and Stephan Wolf. The company specializes in the design of electric multirotor helicopters in the form of personal air vehicles , designed for air taxi use.
Volocopter this month tapped investors led by U.S. asset manager Blackrock for 200 million euros ($239 million) in backing as it seeks certification for its battery-powered flying taxi.
Volocopter, a startup out of southern Germany (Bruchsal, specifically) that has been building and testing electric VTOL (vertical take-off and landing) aircraft, has picked up €200 million ...
The two-seat project started in 2013, evolved from early single-seat Volocopter VC2 prototype flown in 2011. The two seat prototype is the VC-200 and the derived production model the 2X. [3] [4] An initial on-line fundraising effort in 2013 on Seedmatch raised €500,000 in 2 hours and 35 minutes, setting a new European Union record. The money ...
The VoloCity, Volocopter is the fourth generation and first series model of its flying machine after the Volocopter VC200 / 2X. It is equipped with two vertical stabilisers to keep the flight direction more stable. [3] [4] The device is aligned with the SC-VTOL regulations published by EASA in July 2019. In June 2021, the model 2X performed a ...
German flying taxi startup Volocopter said on Tuesday it was acquiring long-time partner DG Flugzeugbau, in a step that secures its compliance with the European Union air safety regulator's ...
The company was originally self-financed by Bevirt, after the sale of his previous companies, Velocity11 and GorillaPod. On February 1, 2018, Joby Aviation announced it raised $100 million in a Series B round of funding, including from Intel Capital, Toyota AI Ventures, Jet Blue Technology Ventures, and Tesla/SpaceX-backer Capricorn Investment Group.