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Volocopter

German pioneer of electric air taxis (eVTOL) for urban air mobility

Wikipedia — Volocopter

Volocopter GmbH (formerly E-Volo GmbH) is a German aerospace company in the advanced/urban air mobility (UAM) sector, founded in 2011 and headquartered in Bruchsal, Baden-Württemberg, Germany. It designs and develops electric vertical take-off and landing (eVTOL) aircraft — "air taxis" — for passenger and cargo transport. Its founders are commonly cited as Alexander Zosel and Stephan Wolf.

The company's aircraft family includes the VoloCity (its flagship two-seat passenger air taxi), the VoloConnect (longer-range passenger concept), and the VoloDrone (cargo). Volocopter made early history with the first crewed flight of an all-electric multicopter eVTOL (the VC1) and completed more than 2,000 public and private test flights over its lifetime, including demonstration flights in cities such as Paris and New York.

At its peak, Volocopter employed roughly 500+ people across Germany and Singapore and raised on the order of $579 million in equity, with backers including Geely, Mercedes-Benz Group, Intel Capital, and NEOM. However, the company struggled to reach commercial launch and filed for insolvency in Germany in late December 2024. In March 2025, the business was acquired and reorganized by Diamond Aircraft Group Austria (a subsidiary of China's Wanfeng Group), with headquarters remaining in Bruchsal and the stated goal of continuing pursuit of type certification of the VoloCity.

As a developer of next-generation electric aircraft, Volocopter sits at the heart of aviation innovation. Given the 2024–2025 insolvency and ownership change, any current-state claims (employee counts, certification timeline, commercial-service dates) should be re-verified against the latest official statements.

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