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Volocopter

Volocopter

An aerospace company that designs electric air taxis. It was founded in 2011 and is located in Bruchsal, Germany.

OverviewStructured DataIssuesContributors

Contents

volocopter.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Robotics
Robotics
Software
Software
Electric Vertical Takeoff and Landing
Electric Vertical Takeoff and Landing
Technology
Technology
Robotics software
Robotics software
Electric vehicle
Electric vehicle
Aviation
Aviation
Clean technology
Clean technology
...
Location
Bruchsal (district)
Bruchsal (district)
Germany
Germany
Bruchsal
Bruchsal
B2X
B2B
B2B
0
B2C
B2C
CEO
Florian Reuter (ceo)
Florian Reuter (ceo)
Founder
Alexander Zosel
Alexander Zosel
Stephan Wolf
Stephan Wolf
AngelList URL
angel.co/volocopter-2
Pitchbook URL
pitchbook.com/profiles.../60585-58
Legal Name
Volocopter GmbH
Parent Organization
Geely
Geely
0
Date Incorporated
2011
Number of Employees (Ranges)
201 – 500
Email Address
info@volocopter.com
Phone Number
+497251936940
Full Address
Volocopter GmbH Zeiloch 20 76646 Bruchsal Germany
Investors
Geely
Geely
Manta Ray Ventures
Manta Ray Ventures
Zhejiang Geely Holding Group
Zhejiang Geely Holding Group
Mitsui Sumitomo Insurance Group
Mitsui Sumitomo Insurance Group
DB Schenker
DB Schenker
TransLink Capital
TransLink Capital
...
Founded Date
2011
Total Funding Amount (USD)
543,519,590
Latest Funding Round Date
2022
Competitors
Wingcopter
Wingcopter
Pyka
Pyka
SkySelect
SkySelect
CTO
Arnaud Coville
Arnaud Coville
Latest Funding Type
Series E
Series E
Patents Assigned (Count)
4
Wellfound ID
volocopter-2
Country
Germany
Germany

Other attributes

Company Operating Status
Active
Postmoney Valuation
1,870,000,000
Latest Funding Round Amount (USD)
170,000,000
Wikidata ID
Q55637218

Volocopter is a Germany-based air transportation company that specializes in building electronic vertical take-off and landing (eVTOL) vehicles that resemble helicopters. It is building an autonomous air taxi that is meant to be used in urban areas.

Product

The company has three products: the VoloCity, the VoloPort and the VoloDrone.

The VoloCity is the company's eVTOL and has been developed according to the requirements of the European Aviation Safety Agency. It is powered by electricity through nine rechargeable lithium-ion batteries and has 18 rotors enabling it to take flight. Each rotor is powered by an individual Brushless DC electric motor (BLDC), meaning the VoloCity has 18 motors total. It is controlled by software assistance systems as well as a pilot. Two passengers can ride in the VoloCity, including hand baggage. The maximum take-off mass for the VoloCity is 900 kg with an operating weight at empty of 700 kg. The VoloCity's range is 35 km with a maximum airspeed of 110 km/h. The range and maximum airspeed are calculated approximations which have not been tested in flight.

The VoloPort is where the vehicle can take-off and land. It has a waiting area for customers, who can book a ride via the company's mobile application. Other services that can take place at the port include battery swaps and charging, maintenance, and safety and security. As of 2019, the company plans to debut the VoloCity and VoloPort in Singapore.

The VoloDrone shares a lot of features with the existing VoloCity platform. The unmanned, fully-electric drone is envisioned as a utility drone, capable of 200 kg payloads with a 40 km range. The applications for such a drone include agriculture, logistics and delivery, heavy lifting for infrastructure and disaster relief or humanitarian aid.

Revenue

Volocopter, as of January 2020, is not generating revenue. Instead they rely on funding for their development. Once they are selling products, Volocopter will generate revenue through the manufacture of their VoloCity's, the sale of VoloCity's to individuuals, running the air taxi service, building VoloPorts, maintaining both VoloCity's and VoloPorts, and the sale of VoloDrones.

Volocopter's corporate partners include Intel's Ascending Technologies, Daimler AG, DG Flugzeugbau, and John Deere

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Design Specification, August 2019

Volocopter

https://www.volocopter.com/assets/pdf/20190819_VoloCity_Specs.pdf

Web

August 2019

Volocopter CTO: First air taxi route to open in the next 2 - 5 years

Manfred Hader

https://www.rolandberger.com/en/Point-of-View/Volocopter-CTO-First-air-taxi-route-to-open-in-the-next-2-5-years.html

Web

August 29, 2019

Volocopter flies for the first time in a European city

https://www.youtube.com/watch?v=NxBTzAbPSeY

September 18, 2019

Volocopter has created an autonomous flying taxi you can hail with your smartphone

Brittany Chang

https://www.businessinsider.com/volocopter-created-flying-taxi-can-hail-with-smartphone-2019-9

Web

September 18, 2019

Volocopter's flying taxi takes off at CES

https://youtu.be/tODIvUmH6cs

January 8, 2018

References

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