Lilium, once a darling in the nascent industry of electric aircraft that raised more than $1 billion before going public, has ceased operations and laid off about 1,000 workers after efforts to gain ...

Lilium, which was developing vertical take-off and landing (VTOL) aircraft with speeds of up to 100 km/h, had raised more than $1 billion from investors before going public in 2021 on the Nasdaq ...

But the company burned through cash faster than it could raise more from investors as it worked to develop a vertical take-off and landing (VTOL) aircraft with speeds of up to 100 km/h.

Electric vertical takeoff and landing (eVTOL) startup Lilium reveals last-minute agreement with Mobile Uplift Corporation GmbH to purchase its operating assets, paving the way for restarting ...

When we last looked at air taxi startup Lilium, it was in administration and laid off most of its employees on December 20.

German eVTOL startup Lilium has ceased operations as of this week, sunsetting a decade-long effort funded with over US$1 billion to build electric air taxis, with nary a single aircraft delivered.

German electric plane pioneer Lilium has found an investor to rescue ... an electrically powered vertical take-off and landing (VTOL) mini aircraft over the past 10 years. "We are very happy ...

Lilium has had a wild Christmas — but it's largely good news for the embattled electric air taxi company. Munich, Germany-based Lilium was founded a decade ago to design eVTOL style aircraft ...

Lilium which has a model certified by the European Agency of Air Safety, has the intention of developing the air taxis world market with VTOL electric aircraft, and a seven passenger capacity.

Azul, Brazil's third-largest airline announced on Monday a one billion dollars accord with German manufacturer Lilium for the purchase of 220 of VTOL electric aircraft scheduled to begin operating ...

Lilium, which was developing vertical take-off and landing (VTOL) aircraft with speeds of up to 100 km/h, has struggled for months. The startup's vision for electric aircraft attracted backers ...

Lilium, once a darling in the nascent industry of electric aircraft that raised more than $1 billion before going public, has ceased operations and laid off about 1,000 workers after efforts to ...