(FILES) A Volocopter Volocity flying taxi is seen on a landing pad at the Saint-Cyr-l'Ecole airfield in Saint-Cyr-l'Ecole, France, on August 8, 2024, during the inauguration of the first "vertiport", a take-off and landing runway for flying taxis. Flying taxi startup Volocopter said on December 30, 2024 it was filing for insolvency, days after another fellow German company in the field, Lilium, was saved from collapse. "Despite recent intensive fundraising efforts, finding a viable solution to maintain regular operations outside of insolvency proceedings has not been possible," Volocopter said in a statement, adding that the filing was made on December 26, 2024. (Photo by Thibaud MORITZ / AFP) (Photo by THIBAUD MORITZ/AFP via Getty Images)