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NEOM

NEOM

NEOM INVESTS USD 175M IN VOLOCOPTER TO ACCELERATE ELECTRIC URBAN AIR MOBILITY

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 strategic engagement with the global eVTOL industry, positioning it as a leader in future mobility solutions.

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