New Atlas11h
eVTOL taxi startup Lilium is out of money and filing for insolvency
Seven years after its first test flight, German electric air taxi manufacturer Lilium has run out of funding and filed for ...
Electric Air Taxi Start-Up Lilium Has Run Out of Money
The Lilium Jet, priced at $10 million, was scheduled to take its first planned flight in early 2025. The company had promised ...
AeroTime11h
Lilium subsidiaries file for insolvency as parent company admits it may follow
VTOL developer Lilium has confirmed that two of its principal subsidiaries will file for insolvency and apply for ...
Air taxis: the latest on the flying electric cars bringing the Jetsons dream to life
Stellantis announced a deal with air taxi startup Archer to mass-produce the company’s electric vertical takeoff and landing ...
Lilium, GE Aerospace partner to deliver eVTOL flight safety
Two companies combining their flight data and analytics platforms to inform eVTOL flight safety standardsLilium to deploy GE technology to all ...
Dronelife13h
Lilium and GE Aerospace Partner to Enhance eVTOL Safety Through Advanced Flight Data Monitoring
Lilium and GE Aerospace partner on eVTOL safety data monitoring with advanced flight analytics: critical insights for eVTOL operators ...
Why did Lilium’s stock crash 61% — is there hope left for flying taxis?
Lilium’s stock nosedives over 55% as two key subsidiaries face insolvency. The aerospace startup struggles to secure state ...
Air taxi maker Lilium is out of money and will cease operations
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 ...
Iceberg Research calls Lilium ‘a fraud,’ says continues to misrepresent progress
In a recently published report titled, Iceberg Research notes that “Recent events have taken a dramatic turn at German eVTOL company ...
Lilium drops 60% with subsidiaries expected to file for insolvency in Germany
Lilium N.V. (LILM) stock plummeted 60% after facing funding challenges, potentially leading to insolvency proceedings for its ...
Skift39m
Flying Taxi Startup Lilium Burned Through $1 Billion. Now It’s Facing Bankruptcy
Flying taxi startup Lilium faces significant risk of going bankrupt or shutting down if it can’t raise additional funds.
GE Aerospace And Lilium Join Forces To Turbocharge eVTOL Safety Standards
GE Aerospace GE partnered with Lilium N.V. LILM to build a solid safety framework for eVTOLs as they near commercial launch. As part of this partnership, GE Aerospace and Lilium will develop an ...