The Helvetia Venture Fund is investing in the German company Volocopter GmbH. Volocopter has developed a fully electric vertical take-off and landing (VTOL) aircraft equipped with 18 small rotors. The company designed the Volocopter for future use as autonomous air taxis, which will completely transform the concept of urban mobility. In addition to offering considerable time savings, the Volocopter is safe, quiet and environmentally friendly. Some finished prototypes are already available for autonomous as well as manned flights. Volocopter has entered into a partnership with the city of Dubai to run tests for this new form of mobility.
"The investment in Volocopter offers Helvetia the opportunity to be involved in the launch of a completely new mobility segment, which will give rise to completely new insurance needs", explains Martin Tschopp, Head of Corporate Development. "In Helvetia we have gained another investor, who can support our long-term vision of establishing autonomous air taxis as an alternative means of transport", says Florian Reuter, CEO of Volocopter GmbH.
[Photo caption] The Volocopter 2X (photo: Volocopter GmbH)
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