eVolare has also ordered 4 Lilium jets, bringing the total order pipeline to 780 jets. A key concern among investors is that its cash burn is increasing and its balance sheet is getting strained.

And in July, it sold over 97 million shares to boost its balance sheet. Lilium is also being considered by the German and the ...

In just the last 3 months, air taxi hopefuls Lilium Air Mobility and Volocopter ... A Joby spokesperson states the company has the strongest balance sheet in the sector, ending the third quarter ...