German developer of air taxi Volocopter received permission to manufacture aircraft

German startup Volocopter, which develops electric flying taxis, has announced the acquisition of its longtime partner DG Flugzeugbau. This purchase will give Volocopter permission to manufacture its aircraft in accordance with the manufacturing standards of the European Aviation Safety Agency (EASA).

Image: Christian Hartmann / Reuters

The terms of the deal were not disclosed, but its successful completion means that Volocopter will receive permission to organize the production of air taxi on electric traction, which meets the requirements of EASA. The startup received permission to conduct project activities in the European Union back in 2019.

“Volocopter is now the first and only company to develop an electric vertical take-off and landing aircraft, and has the necessary design and production permits to move its aircraft to commercial launch.”Volocopter said in a statement.

According to reports, Volocopter plans to start commercial operation of two-seater flying taxis on a regular basis for the Olympic Games in Paris in 2024. In addition to air taxi, Volocopter is also developing an unmanned aerial vehicle for transporting goods. Not so long ago, a German startup attracted € 200 million in investments for further business development and obtaining the necessary certificates. Volocopter’s investors in this round of funding included Geely, Daimler, DB Schenker, Intel Capital, and others.

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