Imagine doing your daily commute in five — instead of 50 — minutes. That's the promise of Lilium Jet, an all-electric air taxi that can quietly lift off vertically, hover, and then cruise at ...

Lilium flew a 2-seater prototype which they are hoping to develop into a 5-seater air-taxi. The jet has 36 engines and 12 moveable flaps. The company want it to be an alternative to cars in inner ...

Lilium (NASDAQ:LILM) +1.4% in Wednesday's trading after saying it successfully completed the first series of tests of its electric jet propulsion unit. Lilium (LILM) said the electric engines were ...

The financing is another step towards the “first manned flight of the Lilium Jet targeted for late 2024”. The news arrives about a month before Lilium is scheduled to report its financial ...

The goal is to build a fully functioning electric jet that can hit a top speed of 300km (190 miles) per hour. At the time, Lilium demonstrated that its prototype vehicle was able to take off and ...