AIRLINK 197.00 Decreased By ▼ -4.24 (-2.11%)
BOP 10.02 Increased By ▲ 0.05 (0.5%)
CNERGY 7.33 Increased By ▲ 0.44 (6.39%)
FCCL 35.70 Increased By ▲ 0.34 (0.96%)
FFL 16.94 Decreased By ▼ -0.21 (-1.22%)
FLYNG 25.20 Increased By ▲ 0.99 (4.09%)
HUBC 134.00 Decreased By ▼ -4.19 (-3.03%)
HUMNL 14.03 Decreased By ▼ -0.04 (-0.28%)
KEL 4.80 Decreased By ▼ -0.06 (-1.23%)
KOSM 6.88 Increased By ▲ 0.22 (3.3%)
MLCF 44.50 Decreased By ▼ -1.81 (-3.91%)
OGDC 217.99 Decreased By ▼ -4.55 (-2.04%)
PACE 6.95 Decreased By ▼ -0.11 (-1.56%)
PAEL 41.00 Decreased By ▼ -2.14 (-4.96%)
PIAHCLA 16.85 Decreased By ▼ -0.18 (-1.06%)
PIBTL 8.45 Decreased By ▼ -0.09 (-1.05%)
POWER 9.35 Increased By ▲ 0.25 (2.75%)
PPL 184.03 Decreased By ▼ -4.73 (-2.51%)
PRL 40.75 Decreased By ▼ -2.52 (-5.82%)
PTC 24.75 Decreased By ▼ -0.60 (-2.37%)
SEARL 103.40 Decreased By ▼ -7.02 (-6.36%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 40.48 Decreased By ▼ -2.16 (-5.07%)
SYM 18.00 Decreased By ▼ -0.57 (-3.07%)
TELE 8.80 Decreased By ▼ -0.32 (-3.51%)
TPLP 12.75 Decreased By ▼ -0.93 (-6.8%)
TRG 66.80 Decreased By ▼ -1.36 (-2%)
WAVESAPP 11.30 Increased By ▲ 1.03 (10.03%)
WTL 1.78 Decreased By ▼ -0.09 (-4.81%)
YOUW 4.03 Increased By ▲ 0.02 (0.5%)
AIRLINK 197.00 Decreased By ▼ -4.24 (-2.11%)
BOP 10.02 Increased By ▲ 0.05 (0.5%)
CNERGY 7.33 Increased By ▲ 0.44 (6.39%)
FCCL 35.70 Increased By ▲ 0.34 (0.96%)
FFL 16.94 Decreased By ▼ -0.21 (-1.22%)
FLYNG 25.20 Increased By ▲ 0.99 (4.09%)
HUBC 134.00 Decreased By ▼ -4.19 (-3.03%)
HUMNL 14.03 Decreased By ▼ -0.04 (-0.28%)
KEL 4.80 Decreased By ▼ -0.06 (-1.23%)
KOSM 6.88 Increased By ▲ 0.22 (3.3%)
MLCF 44.50 Decreased By ▼ -1.81 (-3.91%)
OGDC 217.99 Decreased By ▼ -4.55 (-2.04%)
PACE 6.95 Decreased By ▼ -0.11 (-1.56%)
PAEL 41.00 Decreased By ▼ -2.14 (-4.96%)
PIAHCLA 16.85 Decreased By ▼ -0.18 (-1.06%)
PIBTL 8.45 Decreased By ▼ -0.09 (-1.05%)
POWER 9.35 Increased By ▲ 0.25 (2.75%)
PPL 184.03 Decreased By ▼ -4.73 (-2.51%)
PRL 40.75 Decreased By ▼ -2.52 (-5.82%)
PTC 24.75 Decreased By ▼ -0.60 (-2.37%)
SEARL 103.40 Decreased By ▼ -7.02 (-6.36%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 40.48 Decreased By ▼ -2.16 (-5.07%)
SYM 18.00 Decreased By ▼ -0.57 (-3.07%)
TELE 8.80 Decreased By ▼ -0.32 (-3.51%)
TPLP 12.75 Decreased By ▼ -0.93 (-6.8%)
TRG 66.80 Decreased By ▼ -1.36 (-2%)
WAVESAPP 11.30 Increased By ▲ 1.03 (10.03%)
WTL 1.78 Decreased By ▼ -0.09 (-4.81%)
YOUW 4.03 Increased By ▲ 0.02 (0.5%)
BR100 12,077 Decreased By -142.4 (-1.17%)
BR30 36,524 Decreased By -793.3 (-2.13%)
KSE100 115,042 Decreased By -802.6 (-0.69%)
KSE30 36,200 Decreased By -276.6 (-0.76%)
Business & Finance

Air taxi startup Volocopter gains key production certification

  • Volocopter is now the first and only electric vertical take-off and landing company holding both the required design and production organisation approvals to advance its aircraft towards commercial launch.
Published July 6, 2021

BERLIN: 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 production standards.

The acquisition, the terms of which were not disclosed, means that Bruchsal-based Volocopter now has production organisation approval in compliance with the European Union Aviation Safety Agency (EASA), in addition to existing EASA design approval.

"Volocopter is now the first and only electric vertical take-off and landing company holding both the required design and production organisation approvals to advance its aircraft towards commercial launch," it said in a statement.

Volocopter hopes to bring its two-seater flying taxi, which looks like an oversized drone, into regular service in time for the 2024 Paris Olympics. It is also developing a similar cargo-lift drone.

New real-life ‘Transformer’ capable of transforming from robot to car

It recently raised 200 million euros ($237 million) to fund its push for certification. Well-funded rivals Lilium and Joby have meanwhile announced plans to float on the US stock market by merging with listed shell companies.

Comments

Comments are closed.