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BERLIN, July 6 (Reuters) – 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. read more
($1 = 0.8442 euros)