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© Reuters. On June 21, 2021, the electric air taxi drone prototype of the German startup Volocopter took off and landed vertically over Le Bourget Airport near Paris, France. REUTERS/Christian Hartmann/Files
BERLIN (Reuters)-German flying taxi startup Volocopter said on Tuesday that it is acquiring long-term partner DG Flugzeugbau to ensure that it meets the production standards of the European Union’s aviation safety regulator.
The terms of the acquisition were not disclosed, which means that in addition to the existing EASA design approval, Bruchsal-based Volocopter is now also approved by a production organization that complies with the European Aviation Safety Agency (EASA).
“Volocopter is now the first and only electric vertical take-off and landing company, while holding the required design and production organization approvals to launch its aircraft for commercial launch,” it said in a statement.
Volocopter hopes to put its two-seater flying taxi, which looks like a super large drone, into regular service in time before the 2024 Paris Olympics. It is also developing similar cargo drones.
It recently raised 200 million euros (237 million US dollars) to fund its promotion of certification. Well-funded competitors Lilium and Joby also announced plans to go public on the U.S. stock market by merging with listed shell companies.
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