eVTOL manufacturer Volocopter must file for bankruptcy

Aviation technology eVTOL manufacturer Volocopter must file for bankruptcy

2025-01-13 From Stefanie Eckardt | Translated by AI 1 min Reading Time

After Lilium, the next German air taxi manufacturer is insolvent. However, while Lilium can rejoice in an investor consortium willing to provide more than 200 million euros (203.940.000 USD) for rescue, Volocopter still needs to find similar help.

Demonstrated the VoloCity with a flight over Versailles in August. Now Volocopter has filed for bankruptcy and is seeking investors.(Image: Raymar Laux) — Demonstrated the VoloCity with a flight over Versailles in August. Now Volocopter has filed for bankruptcy and is seeking investors.
(Image: Raymar Laux)

On Boxing Day, the managing directors of Volocopter filed an application for the opening of insolvency proceedings at the Karlsruhe District Court. On 27th December 2024, the Karlsruhe District Court ordered provisional insolvency administration. Business operations will continue during the provisional insolvency proceedings. The provisional insolvency administrator, Tobias Wahl of Anchor, has already held an employee meeting to inform about the current situation and answer initial questions about the proceedings. He plans to initiate an investor process alongside the continuation of business operations. "The company now needs financing that allows it to take the final steps towards market entry. We will jointly strive to develop a restructuring concept and implement it with investors by the end of February," emphasizes Wahl.

Market entry for VoloCity planned for 2025

Founded in 2011, the Baden-Württemberg-based company develops fully electric vertical take-off and landing vehicles (eVTOL) for urban airspace and the software platform that connects the information of all components involved in the ecosystem. The startup is on the verge of approval and market entry for its VoloCity. Following successful certification by the European Union Aviation Safety Agency (EASA), the company aims to enter the market in 2025. (se)

With the GOVY AirJet, GAC aims to meet various mobility needs, ranging from short commuting distances in the city to medium-distance intercity travel. (Image:GAC)

The Volocopter 2X at Osaka (Japan) Heliport. (Image:Volocopter)

Subscribe to the newsletter now

Don't Miss out on Our Best Content

Business E-mail

Please enter a valid mailadress.

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy. The consent declaration relates, among other things, to the sending of editorial newsletters by email and to data matching for marketing purposes with selected advertising partners (e.g., LinkedIn, Google, Meta)

Date: 08.12.2025

Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.

Consent to the use of data for promotional purposes

I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planck-Str. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here

Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.

Additionally, my consent also includes the processing of my email address and telephone number for data matching for marketing purposes with select advertising partners such as LinkedIn, Google, and Meta. For this, Vogel Communications Group may transmit said data in hashed form to the advertising partners who then use said data to determine whether I am also a member of the mentioned advertising partner portals. Vogel Communications Group uses this feature for the purposes of re-targeting (up-selling, cross-selling, and customer loyalty), generating so-called look-alike audiences for acquisition of new customers, and as basis for exclusion for on-going advertising campaigns. Further information can be found in section “data matching for marketing purposes”.

In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here. This does not apply to data matching for marketing purposes.

Right of revocation

I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://contact.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.