A Slovak entrepreneur is providing most of the funds to rescue a German flying taxi startup that came close to collapse last month, the firm's new backers said Thursday.

On 24 December, German flying taxi manufacturer Lilium announced that it had signed an asset purchase agreement with Mobile Uplift Corporation, a company set up by a consortium of European and North ...

A Slovak entrepreneur is providing most of the funds to rescue a German flying taxi startup that came close to collapse last month, the firm's new backers said Thursday. Lilium had already filed ...

The news comes just two months after air taxi competitor Lilium, also based in Germany ... the Center for Future Mobility at McKinsey, told FLYING that private investment in eVTOL actually ...

Unlike most flying taxi concepts that have two- to four-passenger ... Shivam Chauhan after spending over a couple of years at Lilium. The Munich-based outfit was building regional electric ...

Sarla Aviation launched one year ago with a pitch built for India's congested streets. The electric air taxi startup, named ...

Investors are pouring money into the high-risk, high-reward proposition that quieter, greener and battery-powered aircraft can revolutionize travel.

Electric flying taxi startup Sarla Aviation ... all of whom were working with Munich-based electric aircraft manufacturer Lilium. “India is at a point in history where it is very close to ...