Gregory Polek has spent his entire career in aviation journalism with AIN, starting as a proofreader and assistant to then-managing editor Mary Mahoney in 1995 after serving an internship with&nbsp;New Jersey Monthly&nbsp;magazine and completing his B.A. degree in English/Writing at New Jersey’s William Paterson College. By 1997 Polek accepted a position as an associate editor, covering the regional airline beat for&nbsp;Aviation International News&nbsp;in place of retiring industry veteran Don Anderson. The assignment took Polek across North America and Europe to profile regional airlines varying in size and mission from the likes of floatplane operators Kenmore Air and Chalk’s Ocean Airways to regional jet operators such as SkyWest and American Eagle. Today, in his dual role as Air Transport Editor and International Airshow Editor, Polek writes, edits, and manages AIN’s commercial aviation content while overseeing each of the company’s daily international air show publications in Paris, Farnborough, Singapore, and Dubai. Most recently Polek has assumed oversight of daily coverage of the Helicopter Association International’s annual Heli-Expo convention.

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Volocopter has raised another $182 million in the second signing of its Series E funding round from Saudi regional development project Neom and Hong Kong’s Gly Capital Management, the Bruschal, Germany-based eVTOL manufacturer said Tuesday. Volocopter added that the funding will carry the company beyond the certification of the VoloCity electric passenger aircraft.
Volocopter boasts more than 10 years of development experience and has flown some 1,500 test flights. The only electric vertical takeoff and landing (eVTOL) company to receive Design Organization Approval&nbsp;from the European Union Aviation Safety Agency (EASA), Volocopter expects to launch its first commercial air taxi routes within two years in places such as Singapore, Rome, Paris, and the Neom region.&nbsp;&nbsp;
“Attracting Neom And Gly as investors is a great success and highlights our pole position in the commercial certification race,” said Volocopter CEO Dirk Hoke. “This is the key requirement to launching commercial operations and starting to generate revenue.” 
Volocopter and Neom signed a joint-venture agreement in December 2021 with a view to integrating the VoloCity air taxi and the VoloDrone autonomous cargo-carrying vehicle into Neom’s mobility systems. The joint venture will design, integrate, and operate the region’s all-electric public flight routes for seven years after the launch of the project.&nbsp;&nbsp;
Gly operates as a subsidiary of Chinese automotive company Geely Holding, which in April 2021 entered a joint venture with Volocopter to bring UAM to Chinese megacities. That deal included a purchase agreement covering 150 Volocopter aircraft.
“Volocopter’s vision encompasses industrial short- and medium-range commercial passenger applications to bring efficiency to the way we move around our cities,” said Gly Capital co-CEO Hrvoje Krkalo. “I look forward to supporting their journey, a journey that promises to be exciting, safe, and scenic in equal measure.” &nbsp;
Volocopter’s Series E funding round remains open, said the eVTOL manufacturer, which added that many interested companies have passed their due-diligence phase.

Gregory Polek

The Volocopter VoloCity electric aircraft performs a demo flight in Singapore in October 2019. The company now has added Saudi Arabia's Neom regional development project to its list of potential markets for the vehicle. (Photo: Volocopter)

Volocopter Draws $182 million in Funding from Saudi, Chinese Interests

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