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

FRANKFURT—Electric aircraft manufacturer Lilium Aerospace filed for insolvency Feb. 21 after its main investor failed to provide promised funding for the rebuilding of operations, likely ending the ...

A contract announced in 2020 between German flying car company Lilium Air Mobility and Lake Nona developer Tavistock ended ...

Desperate Lilium Aerospace employees who have gone almost two months without pay have been forced to turn to crowdfunding in ...

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

Lilium shares plunged 61% following the news. Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries will file for insolvency in the coming days.

German air taxi developer Lilium Aerospace has filed for insolvency for a second time, saying that it has failed to secure funding and casting doubt on its ability to fulfil orders. The company, which ...

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 ...

This article is published in Advanced Air Mobility part of Aviation Week Intelligence Network (AWIN), and is complimentary ...

A contract announced in 2020 between German flying car company Lilium Air Mobility and Lake Nona developer Tavistock ended before fulfilling its promise to have vehicles in Orlando by 2025.

‘Our vision is to bring the world a form of travel that has never existed before,’ says Patrick Nathen, co-founder and vice president of product at Lilium. ‘Before we even put pen to paper, we knew ...

It sounded like a Christmas miracle when the then-insolvent air taxi developer Lilium announced on Christmas Eve that it had been rescued by a consortium of ...