NEOM invests USD 175m in Volocopter to accelerate electric urban air mobility

Written by PR Newswire

NEOM, Saudi Arabia, Nov. 2, 2022 /PRNewswire/ -- NEOM, the smart and sustainable regional development in northwest Saudi Arabia, has announced a USD 175 million Series E investment in Volocopter, the pioneer of Urban Air Mobility. The land of the future giga-project will take a significant equity stake in the company as part of its...

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