Saudi’s Neom invests $175m in German aviation startup Volocopter

Saudi’s Neom invests $175m in German aviation startup Volocopter

VoloCity flies over future region of Neom’s Oxagon. Photo credit: Volocopter

Neom, the smart and sustainable regional development in northwest Saudi Arabia, announced that it has invested $175 million in German urban air mobility startup Volocopter.