VTOL developer Lilium has confirmed that two of its principal subsidiaries will file for insolvency and apply for ...
The Lilium Jet, priced at $10 million, was scheduled to take its first planned flight in early 2025. The company had promised ...
The Bavarian air taxi developer Lilium has announced that it will file for insolvency proceedings for its two most important ...
Stellantis announced a deal with air taxi startup Archer to mass-produce the company’s electric vertical takeoff and landing ...
Flying taxi startup Lilium faces significant risk of going bankrupt or shutting down if it can’t raise additional funds.
BERLIN - A German flying taxi startup is expected to file for bankruptcy, US market regulators said on Oct 24, a week after ...
Lilium’s stock nosedives over 55% as two key subsidiaries face insolvency. The aerospace startup struggles to secure state ...
A German flying taxi pioneer that was once valued at more than €3bn (£2.5bn ...
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 ...
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for ...
Shares of German air taxi maker Lilium cracked over 60 per cent in the US market after its subsidiaries informed that they ...