Diamond Aircraft Group Austria, based in Wiener Neustadt, Austria, has integrated Volocopter with the company headquarters remaining in Bruchsal, Germany.
Diamond Aircraft Group Austria is a subsidiary of Wanfeng Aircraft Division of Wanfeng Auto Holding Group Co., Ltd., and is an internationally renowned general aircraft manufacturer with over four decades of expertise operating internationally.
The company’s reorganization of Volocopter will broaden its aircraft and business portfolio into the field of electric urban air transportation, while enabling Volocopter to reduce costs, retain a highly motivated and skilled workforce, and focus on achieving its certification milestones by 2025. The VoloCity, along with its next-generation variants, will continue to evolve successfully over the long term, contributing significantly to the sustainable growth of the aviation industry.
Bin Chen, Chairman of Diamond Aircraft Group states, said:The future of aviation is shaped by visionaries. Diamond’s stellar portfolio, its manufacturing expertise, and the addition of Volocopter create a formidable lineup of general aviation flying vehicles. Together, we are laying the foundation to advance sustainable air mobility and strengthen Europe as an innovation hub in aviation.
Tobias Wahl, insolvency administrator and partner at Anchor Rechtsanwaltsgesellschaft mbH, said:Volocopter's expertise and highly motivated team have consistently set benchmarks in the eVTOL industry. With Diamond Aircraft, we have found a strong strategic partner who will build on this foundation. My special thanks go to the employees for their spirit and commitment. I am grateful that the team can carry on with their impactful work in the European economy.
This article was originally published by Volocopter.
