Seven years after its first test flight, German electric air taxi manufacturer Lilium has run out of funding and filed for ...

The Lilium Jet, priced at $10 million, was scheduled to take its first planned flight in early 2025. The company had promised ...

VTOL developer Lilium has confirmed that two of its principal subsidiaries will file for insolvency and apply for ...

Lilium and GE Aerospace partner on eVTOL safety data monitoring with advanced flight analytics: critical insights for eVTOL operators ...

Lilium’s stock nosedives over 55% as two key subsidiaries face insolvency. The aerospace startup struggles to secure state ...

Two years before German air taxi manufacturer Lilium promised to deliver its first two aircraft to customers, the air taxi pioneer has run out of money and will imminently stop making them. In a ...

In a recently published report titled, Iceberg Research notes that “Recent events have taken a dramatic turn at German eVTOL company ...

Flying taxi startup Lilium faces significant risk of going bankrupt or shutting down if it can’t raise additional funds.

The eVTOL developer Lilium wants to restructure itself in self-administration. Two subsidiaries are insolvent, the parent ...

Munich-based Lilium, the developer of the first all-electric vertical take-off and landing (“eVTOL”) aircraft, announced that is planning to apply for self-administration proceedings in a German court ...

Follows German parliament´s Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraiseCompany was also ...

A German flying taxi pioneer that was once valued at more than €3bn (£2.5bn) is preparing to file for bankruptcy after ...