Spyker — the former Saab owner, F1 contender, and builder of aircraft-inspired supercars — has emerged from moratorium and plans to merge with Portland, Oregon electric aircraft manufacturer Volta Volare, said the company in a release on Thursday.
As part of Spyker's future plans, electrification seems to be the common theme, whether it be for airplanes or automobiles. Now silver-tongued Skyper CEO, Victor Muller, only needs to find an electric train company to complete the set for a modern movie remake.
In a statement posted on the Spyker website, Muller stated:
After winning a long legal battle with just one creditor, we have now finally succeeded in exiting moratorium and we are back in business as a healthy, debt free enterprise. In the coming weeks we will finalize the agreements with investors which were held up for over two month by the protracted litigation. But true to our logo "nulla tenaci invia est via" (for the tenacious no road is impassable) we have persevered and we can now move on and pursue our ambitious goals including the merger with Portland, Oregon based electric aircraft manufacturer Volta Volare.
…
In summary, Spyker is back with a vengeance and we look forward to a bright future for the company I founded 15 years ago and which is now set to build sensationally elegant and classy (electric) motorcars and electric planes for decades to come.
Spyker's new partner, Volta Volare, has one aircraft — the GT4 — that was announced in 2012 with test flights to start that spring. However, we have been unable to verify if any test flights ever took place.
While the news seems rosy at first, I doubt this is the last we will hear of Spyker's woes.
The post Spyker Emerges from Bankruptcy Charged with Enthusiasm appeared first on The Truth About Cars.
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