Leading urban air mobility (UAM) aircraft manufacturer, Volocopter, has announced its long-serving CEO, Florian Reuter, will be stepping down in September and make way for former Airbus Defense and Space boss, Dirk Hoke.
Reuter, who over the past seven years led Volocopter from a seven-person start-up to one of the world’s most promising UAM developers with a staff of 500, has decided to leave the company as it readies itself for the planned launch of air taxi services during the 2024 Paris Summer Olympics. Earlier this month, the company raised $170 million in additional funding designed to provide it the financial muscle to prepare the debut of UAM services in Paris, Europe, and around the globe.
Reuter, who informed Volocopter’s advisor board last summer of his desire to step away from the top job, will stay on to prepare for the handover to Hoke in September.
The former CEO of Airbus Defence & Space and Siemens veteran, Hoke will bring…