Spyker Emerges From Bankruptcy Charged With Enthusiasm

Mark Stevenson
by Mark Stevenson

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.

Mark Stevenson
Mark Stevenson

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  • 87 Morgan 87 Morgan on Aug 02, 2015

    I'm still stuck on the electric airplane idea. I don't think I will be an early adopter to that model. That's a lot of weight to get up in the air.

  • Inside Looking Out Inside Looking Out on Aug 02, 2015

    Merger of equials or how West was won (by Spyker). In few years Spyker will dump Oregon company into bankruptcy. Or vice versa. One airplane inspired company has already passed away. No wait it went electrical post mortem.

  • Corey Lewis Corey Lewis on Aug 03, 2015

    "...now set to build sensationally elegant and classy (electric) motorcars and electric planes for decades to come." Nope, you said classy, so you have no understanding of said concept. They'll almost certainly be crap and go bankrupt again.

  • Wmba Wmba on Aug 03, 2015

    Some are born to greatness, some acquire it by dint of hard work and dedication. Some merely assume they are the living embodiment of both, and cannot recognize that running a Mom and Pop corner store properly would overtax their real capabilities. Victor Muller is such a man, unfettered as he is with any grasp of reality.

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