Finance, Taxes, Insurance
VoltAero Seeks Funds for Cassio after Investor Backs Out
French hybrid-electric pioneer is now expediting plans for a U.S. subsidiary
VoltAero mockup at Paris Air Show
At the Paris Air Show in June 2025, VoltAero displayed a mockup of the new design for its Cassio 330 hybrid-electric aircraft. © AIN/David McIntosh

VoltAero is battling to keep its plans for a family of hybrid-electric aircraft alive as it urgently seeks new investment in the face of French insolvency proceedings. The company this week confirmed that around €5 million ($5.8 million) in equity capital promised by France’s ACI Group is now stalled as that company faces its own funding crisis.

Through a filing with the commercial court at La Rochelle in western France on October 7, VoltAero has initiated “a formal redress procedure” to address possible claims by creditors while it seeks to secure new funding. The company has indicated that it might expedite plans to establish a U.S.-based subsidiary, even though it has its headquarters in the Nouvelle-Aquitaine region where it employs 35 people.

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