Sustainable urban air mobility specialist Volocopter has appointed Oliver Vogelgesang chief financial officer (CFO), effective immediately
Oliver Vogelgesang has three decades of finance experience in the aviation technology sector, holding senior leadership positions across Airbus and, most recently, the CFO position at Lilium. His expertise lies in building up strong and international finance teams, business modelling, and raising capital for transitioning startups, which works well with Volocopter’s short- to medium-term financial targets. The appointment coincides with the company’s planned shift from development to market entry in 2025.
Vogelgesang said of his appointment: “I have experienced impactful industry transformations while building my aviation career. I strongly believe that the company’s eVTOL technology and market approach will change the ways of electric future mobility. I am delighted to join Volocopter, especially at this stage of proximity in achieving aircraft type certification, to strengthen its financial composition and future-proof its company’s ambitious growth.”
Dirk Hoke, CEO of Volocopter, added, “The company will be gaining an industry and financial expert who has been successful in binding transactions with multiple stakeholders worldwide. Oliver’s appointment will invigorate our senior management team and support Volocopter’s future growth.”
As an experienced financial executive of a listed company, Vogelgesang will steer the ongoing fundraising activities and future-proof financial activities following its aircraft certification in 2025 and entry into market. He takes over as CFO from Christian Bauer, who remains the chief commercial officer (CCO) at Volocopter.
Volocopter’s urban air taxi, the VoloCity, is in the final stages of aircraft testing to achieve the European Union Aviation Safety Agency (EASA) certification next year.
