Volocopter hires Airbus’ former defence chief as next CEO

German air taxi startup Volocopter is recruiting Dirk Hoke to take over as CEO in September.

Hoke is a former head of the defence and aerospace division at Airbus.

Hoke will take over from Florian Reuter and will be tasked with successfully completing the certification process for the company’s electric flying taxis.

Like Reuters, Hoke worked at Siemens before joining Airbus.

Volocopter is in a costly race with companies around the world including Lilium, Joby Aviation, and Airbus to have the first flying taxi certified by regulators. It is aiming to achieve this in around two years.

Volocopter has taken to fundraising to shoulder the cost of certification, and the associated construction of production facilities.

Just last week, it said it had attracted 153 million euros from investors. It is now valued at around 1.5 billion euros,

Volocopter is aiming for a stock market listing, though a little later than originally planned.

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