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How a German drone taxi startup used crowdsourced ideas, an unexpected partner, and its outsider status to carve out a new multi-trillion-dollar opportunity in the transportation industry

When Florian Reuter joined German drone taxi startup Volocopter in 2015 as CEO, co-founders Stephan Wolf and Alexander Zosel had impressive tech, but no clear path to market."When we started out there was not even an idea of how these types of vehicles would ever be certified," Reuter told Business Insider. "Now we have a whole new category created for us."Volocopter now has equity funding of €122 million and the company continues to add corporate strategic partners to a list that includes Daimler, Intel, and Micron.Now, the team is focused on completing its certification with the European aviation authority to become the first commercial air taxi company.This article is part of a series on growing a small business, called "From 1 to 100."If disruption is the path to a billion-dollar startup,




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Can ‘ABC’ Rejuvenate Indian Industry?

ABC is ‘Anything But China’! Yes, you heard it right. Anything But China. ABC.




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Australians in Middle East told they should LEAVE NOW after US drone strike kills top general

Australians in the Middle East have been told they should leave now after rising tensions following the killing of an Iranian general by a US drone strike. 




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US Secretary of State Mike Pompeo sends prayers to Australia amid bushfires

Pompeo said the US-Australian alliance was unbreakable and American firefighters had flown to Australia to help.




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Qantas will divert non-stop flights from Australia to London after Iranian missile attack

The US Federal Aviation Authority on Wednesday also barred US airliners from flying over Iraq and Iranian airspace in the Persian Gulf and Gulf of Oman.




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Australian soldiers WON'T be pulling out of Iraq immediately in wake of Iran strike

Iran on Wednesday launched more than a dozen missiles against two US-led military bases in response to the US assassination of an Iranian military chief.




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Australian troops in danger as Iranian launches missile attack on US airbases in Iraq

Australia could potentially find itself embroiled in another conflict in the Middle East after Iran launched a revenge rocket attack on American air bases in Iraq .




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Australian troops WON'T be pulling out of Iraq

Hundreds of Australian troops will stay in Iraq after Iranian rockets fired on US-led military bases in the country. Australia has several hundred troops deployed to Iraq along with a team of diplomatic staff.




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50 Cent reacts to Australian street artist Lushsux's 'Swifty Cent' mural

An Australian street artist has reignited his feud with 50 Cent after painting a giant mural of the rapper's image combined with that of pop star Taylor Swift. 




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Russia sensationally claims Australia COVERED UP the MH17 tragedy and tampered with evidence

Dr Alexey Pavlovsky believes integral evidence from the Malaysian Airlines flight that was shot down over the Ukraine was falsified by Australian investigators.




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How Saudi Arabia is trying to CRIPPLE Russian oil industry by flooding world market

Saudi Arabia slashed its oil export prices over the weekend and declared a price war with Russia that sent global markets reeling and marked the sharpest decline in oil futures since 1991.




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Sports Illustrated model Kate Upton looks slender in her skinny jeans

The 27-year-old actress, model and Sports Illustrated cover girl was spotted showing off her amazing figute as she left the swanky London Hotel in Beverly Hills on Friday when the heat hit 84F. .




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Hugh Jackman is reportedly planning on moving back to Australia with his family

Hugh Jackman is considering a move back home to Australia, according to a report in New Idea magazine on Monday. The 51-year-old is considering a move to his home in Sydney.




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Stephanie March steps up to help the restaurant industry and front line heroes during COVID-19

Stephanie March as joined forces with photographer Melanie Dunea, on Treats Help, a new initiative that benefits both the ailing restaurant industry as well as those on the front lines of fighting COVID-19.




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Australian swimmer Shayna Jack was forced to leave World Championships after failing a doping test

Australian swimmer Shayna Jack reportedly failed a doping test ahead of the World Championships.




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Australian swimming champion Lisa Currie reacts to Shayna Jack drug doping scandal

Brisbane based freestyler Jack on Sunday night confirmed she was the latest athlete to be caught up in a doping scandal, having tested positive to Ligandrol during a routine drug test.




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Inside the life of Australian swimmer Shayna Jack as she vows to challenge her positive drug reading

The Brisbane-based 20-year-old is the latest rising star to be embroiled in a doping scandal, having tested positive to Ligandrol during a routine drug test last month.




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The reason Shayna Jack's drug test was kept quiet by the Australian Sports Anti-Doping Authority 

The sporting authority released a statement on Monday to address its general investigative processes - after it came under heavy fire for not revealing the results.




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Australian swimmer Mack Horton drops a BOMBSHELL as he breaks silence on Shayna Jack's drug scandal

The 23-year-old refused to share the podium with victorious Sun after winning silver in the men's 400m freestyle final at FINA's World Championships in South Korea on July 21.




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World No. 1 tennis player Robert Farah kicked out of the Australian Open after failing a doping test

World doubles No.1 tennis player Robert Farah, 32, has pulled out of the Australian Open after testing positive to steroids.




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Australian sporting legend calls for Mack Horton to be awarded gold after Sun Yang was found guilty

Boyle, a vocal activist for clean sport, has said Horton deserves the 2019 South Korea world championships gold medal after Sun Yang was hit with an eight year ban for his second doping offence.




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Barack Obama singles out Melbourne woman for her different approach to Australia's bushfire crisis

Former US President Barack Obama has publicly praised a Melbourne activist for her work in preserving food for bushfire victims.




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Ash Barty becomes the first Australian to win the French Open since 1973

The 23-year-old defeated teenager Marketa Vondrousova in a 6-1, 6-3, in the final of the Roland-Garros on Saturday.




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How Ash Barty celebrated her historic French Open win in true Australian style - with beers inste...

Aussie French Open winner Ash Barty has revealed the text message sent from a fellow indigenous tennis star which kept her from quitting professional tennis. 




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Nick Kyrgios backs Ash Barty to win Wimbledon and says she's Australia's 'best chance' 

Nick Kyrgios has hailed French Open champion Ashleigh Barty and declared his fellow Australian is the woman to beat at Wimbledon.




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Australian Ash Barty defeats Venus Williams in the Birmingham Classic, set to become world No. 1

Australian star Ash Barty is just two wins away from becoming world number one after she defeated Venus Williams to reach the semi-finals of the Birmingham Classic. 




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Ashleigh Barty edges closer to becoming first Australian woman to be ranked world No 1 in 43 years

Ashleigh Barty is one match away from becoming the first Australian to be crowned women's world number one in 43 years after progressing to the final of the Nature Valley Classic.




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Australian tennis star Ashleigh Barty is set to regain her World No. 1 ranking

Ashleigh Barty is poised to crown her phenomenal season by becoming the first Australian woman to ever top the year-ending tennis rankings.




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Australian tennis star Ashleigh Barty's coach reveals the moment she became world's best

Ashleigh Barty's coach can pinpoint the moment when the Australian morphed from good to a great.




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Diplomacy in action! Ivanka discourses on 'male-dominated' defense industry with Theresa May

First daughter Ivanka Trump continued to engage with world leaders as she accompanied her father in South Korea.




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Leonardo DiCaprio weighs in on Australian bushfires in Instagram post

Leonardo DiCaprio has weighed in on Australia's bushfire crisis and has called for a 'radical overhaul' of the country's conservation efforts, in an Instagram post.




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Leonardo DiCaprio launches a $3million Australia Wildfire Fund

Earth Alliance, a new organisation co-chaired by actor Leonardo DiCaprio, has announced the launch of a $3million bushfire fund. 




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Australian student Alek Sigley arrested in North Korea

An Australian exchange student who ran tours in North Korea has been arrested after posting about life in the secretive country.




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Panic-stricken wife of Australian detained in North Korea says she's 'very concerned'

Alek Sigley's wife Yuka Morinaga said she received her last message from him on Monday. The 26-year-old, who is based in Tokyo, usually speaks to Mr Sigley every day on WhatsApp.




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Expert says Australian man detained in North Korea was likely 'silenced'

Perth man Alek Sigley, missing in North Korea, may have been silenced ahead of US President Donald Trump's visit to the demilitarized zone, an expert said on Friday.




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Facebook page of Australian man missing in North Korea mysteriously reappears

Alek Sigley hasn't been heard or seen since Tuesday morning and is believed to be detained in North Korea.




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Missing Australian student, 29, feared imprisoned in North Korea is found 'safe and sound' in China 

Alek Sigley, 29, last made contact with his family on June 25, sparking concerns he had been detained in the secretive nation's capital, Pyongyang.




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Australian student was locked up in North Korea to keep him quiet during Trump visit, say experts

Alek Sigley, 29, landed in China safe and well on Thursday after spending nine days detained in the communist country.




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North Korea claims detained Australian student Alek Sigley committed espionage and spread propaganda

The hermit country claimed on Saturday that Alek Sigley had spread anti-Pyongyang propaganda by providing photos and other materials to news outlets with critical views toward the North.




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North Korea detain Australian man Alek Sigley

Alek Sigley (left), 29, who is believed to be the only Australian living in North Korea, went missing this week after a series of posts on social media about life in the mysterious capital of Pyongyang.




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Australian warship in Asia ordered to move to waters off coast of North Korea to support UN sanction

The order came as North Korea warned of 'undesirable consequences' after the US seized one of its sanction-breaking cargo ships.




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Orphan raised by drug traffickers was part of Australia's biggest ever heroin importation

Singapore-based drug smuggler Wee Quay Tan, 48, who also has a large tattoo of a dragon inked over his shoulders and chest, found himself in the middle of the biggest drug bust in Australian history.




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Australian student Alek Sigley detained in North Korea was forced to making a false confession

An Australian student who was briefly detained in North Korea last year over spy charges said he had been kidnapped by secret police and forced to make a false confession.




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Australian arrested by secret police in North Korea and detained reveals terrifying experience 

Alek Sigley, 30, had been a Masters student at Kim Il-sung University, in Pyonyang, for three semesters when he was whisked out of the foreign student dormitory by two men on June 25 last year.




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Prince accuses music industry of 'trying to ram Katy Perry and Ed Sheeran down our throats'

Pop star Prince blasted fellow singers Katy Perry and Ed Sheeran in an astonishing handwritten note contained in an archive found in the late star's Minnesota home.




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Pregnant Katy Perry discusses her changing body with fans Australia

On Wednesday, Katy Perry confirmed she and her fiancé, Orlando Bloom are expecting their first child. 




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Australia dominates India in Women's Twenty20 World Cup final as nearly 100,000 flock to the MCG 

Almost 90,000 cricket fans have witnessed history at the Women's Twenty20 World Cup final between Australia and India.




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Pregnant Katy Perry flees Australia after 'coronavirus scare'

Katy Perry has fled Australia after spending 24 hours holed up in her Sydney hotel due to a coronavirus scare among staff at her record label.




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Phoebe Burgess catches the eye in a green panther-print dress at Australian Turf Club launch

She was named the official ambassador for Sydney's Autumn Racing Carnival on Monday.




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NRL season is plunged into fresh jeopardy as the Warriors face being stranded in Australia

The future of NRL side The Warriors are in doubt after New Zealand Prime Minister Jacinda Ardern announced the government's decision to force all international arrivals to self-quarantine.