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 ...

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

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 ...

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

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 ...

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

Follows German parliament's Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraiseCompany was also unable to reach an agreement in principle with Bavaria ...

EDT Joby Aviation (JOBY) files automatic mixed securities shelf Published first on TheFly – the ultimate source for real-time, ...