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

Stellantis announced a deal with air taxi startup Archer to mass-produce the company’s electric vertical takeoff and landing ...

Two of its principal subsidiaries will file for insolvency and apply for self-administration, follows failed loan efforts ...

Lilium shares are trading lower by 36% during Friday's session. The company's German subsidiaries announced plans to seek ...

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

The National Business Aviation Association (NBAA) concluded an electrifying week at its 2024 Business Aviation Convention and ...

Thales and the Max Planck Institute for Plasma Physics have achieved a new milestone in nuclear fusion by setting a world ...

A German flying taxi pioneer that was once valued at more than €3bn (£2.5bn ...

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

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

The Bavarian air taxi developer Lilium has announced that it will file for insolvency proceedings for its two most important ...

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