Lilium earlier this week announced a second bankruptcy and we await news on whether Volocopter has a future — meanwhile, ...

The company behind the Lilium Jet has filed for insolvency after its funding option dried up and promises of new financing ...

Certification of the Lilium Jet could easily have been achieved by late 2027 through the restructuring central to Lilium's ...

Lilium Aerospace's short-lived existence has ended in insolvency after the company failed to secure funding from its backers ...

The almost 1,000 employees of the insolvent electric aircraft manufacturer Lilium will probably not receive any insolvency ...

Once the leaders in a nascent market, German electric air taxi startups Lilium and Volocopter are clinging to diminishing hopes of financial rescue. The latter has joined the former in full insolvency ...

Lilium’s shares have plunged hard in the past few years, pushing its market cap to about $520 million. At its peak, it had a market cap of over $2.1 billion as demand for eVTOL companies rose.

The plans to save the electric flying taxi developer Lilium have failed again. Lilium filed for insolvency again this Friday at Weilheim Local Court, as ...

Lilium, a German developer of electric vertical takeoff and landing (eVTOL) jets, is shutting down. Lilium’s two core subsidiaries ran out of cash in October, forcing it to file for “self ...

Airways analyzes the insolvencies and funding failures of eVTOL innovators in the Advanced Air Mobility Sector.

Archer Aviation (ACHR) and Lilium (LILM) are two of the most popular electric vertical takeoff and landing (EVTOL) or flying ...

EHang, JAC Motors and Guoxian Holdings will conduct joint research on the automation of aircraft production technologies and build a manufacturing base, all to accelerate low-altitude aviation ...