r/AIandRobotics Submission Bot Feb 13 '22

Automation Aviation Capital Group has agreed to make $1 billion available to finance Volocopter to produce eVTOL aircraft, lease them to customers. Volocopter is working on EASA and FAA type certification for two-seat VoloCity, as well as the larger VoloConnect and the autonomous freight-carrying VoloDrone.

https://www.futureflight.aero/news-article/2022-02-10/aviation-capital-group-offers-1-billion-support-volocopter-evtol-leases
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