Diamond's Owner Buys Volocopter

The Chinese owner of Diamond Aircraft has acquired the assets of eVTOL pioneer Volocopter out of insolvency for $11 million. The estimated value of the hard assets and intellectual property was set at $42 million in the insolvency process. Wanfeng, a major Chinese car manufacturer, has set up its German subsidiary Heptus 591 to operate what's left of the company. which will be operated by Diamond.


This is a companion discussion topic for the original entry at https://www.avweb.com/aviation-news/diamonds-owner-buys-volocopter

Pretty delusional about the noise profile of their machines over a city like Paris, which is not the quietest place on earth.
And of city / regional politics.
Still could have perhaps made it if they had built four seat “taxis” from the start instead of rich person toys with two seats.

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