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Bruchsal, Germany—20 March 2025: 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: “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, added, “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.”
Colin Peters +43 2622 26700 1184 c.peters@diamondaircraft.com
About Diamond Aircraft Industries
Diamond Aircraft, headquartered in Austria with facilities in Canada and China, is amongst the leading aircraft manufacturer in General Aviation worldwide. Founded in 1981, Diamond has pioneered many aviation firsts and achieved numerous milestones and industry expert accolades. Diamond produced more than 5.500 all composite certified single and twin-engine aircraft including the 2 seat DA20, 4 seat DA40, 5 seat DA50, the 4 seat DA42 and 5-7 seat DA62, the remote sensing turnkey solutions DA42 MPP and DA62 MPP, the aerobatic tandem trainer series DART, as well as eDA40, which shall be the first EASA/FAA Part 23 certified electric aircraft. Diamond applies modern technologies to achieve high fuel efficiency, low noise, excellent performance and safety. The Aircrafts are flown by private pilots, professional flight training operators and institutions worldwide. www.diamondaircraft.com
About Anchor
Anchor is a hybrid of law firm and management consultancy. With 14 offices and around 150 employees in the areas of insolvency and reorganisation, the law firm is one of the largest restructuring units in Germany. Anchor has supported and reorganised numerous large companies in and out of insolvency. Anchor's lawyers are regularly proposed and appointed as insolvency administrators, trustees or restructuring managers in insolvency, self-administration and protective shield proceedings. Anchor Management is recognised for its business restructuring advice, interim management and distressed M&A advice. In advisory mandates, Anchor combines legal expertise with business know-how. www.anchor.eu
About Volocopter
Volocopter is a pioneer in the UAM industry, bringing sustainable air mobility to major cities around the world, starting with its multi-rotor passenger electric take-off and landing (eVTOL) aircraft VoloCity. Volocopter will provide passengers with a fast, safe, emission-free connection to their destinations, powered by VoloIQ software for safe and efficient operations.
As an aircraft developer, the company works with infrastructure and operational partners to complement the UAM ecosystem with globally diversified investors. Its valuation once reached US$1.7 billion, successfully joining the ranks of global unicorn companies.
Founded in 2007, the company is the first company in the world to obtain a manned flight license from the European Union Aviation Safety Agency (EASA). It has Design Organization Approval (DOA) and Production Organization Approval (POA). It is the only company that develops and produces safe aircraft in compliance with EASA regulations.
The company is based on Germany and has successfully completed more than 2,000 public and private test flights. www.volocopter.com