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

The company behind the Lilium Jet has filed for insolvency after its funding option dried up and promises of new financing ...

Manufacturer was building an electric vertical takeoff and landing (eVTOL) jet to fly up to seven passengers on city-to-city ...

The plans to save the electric flying taxi developer Lilium have failed again. Lilium filed for insolvency again this Friday at Weilheim Local Court, as ...

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 ...

Despite no revenue, Archer is poised to start commercial operations later this year through its Launch Edition program. It ...

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 ...

Around 1,000 employees – including more than 200 who were made redundant by Lilium GmbH and Lilium eAircraft GmbH in mid-December – are affected, page founder Sibel Kurtcebe writes.

Over the past few years a great deal of companies have tried their hand at creating vertical take-off and landing (VTOL) aircraft that could be used as part of air taxi services. A bunch of them ...

Watch: Lily Collins introduces newborn daughter to grandfather Phil Collins’ music - ...

Capable of performing vertical take-off and landing (VTOL) operations, the Nuuva V300 is designed to carry a 272kg (600lb) payload over a range of up to 300nm (555km). “Today’s milestone is a ...