Unlike other developers of electric vertical take-off and landing (eVTOL) aircraft, the Santa Cruz-based Joby sees itself as ...

The Lilium Jet, priced at $10 million, was scheduled to take its first planned flight in early 2025. The company had promised ...

Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for ...

The company's U.S.-listed shares fell 57% to 23 cents after the subsidiaries - Lilium GmbH and Lilium eAircraft GmbH - told ...

German aerospace startup Lilium faces insolvency if it doesn’t raise emergency funding from the state government for the ...

Federal regulatory update creates first new class of aircraft in 80 years, sets the stage for future of passenger and cargo ...

Joby Aviation said that with the final rule, the FAA “lays the groundwork necessary for Joby to launch commercial passenger ...

Shares of Santa Cruz-based electric aircraft builder Joby (NYSE: JOBY) shot up about 14% on Tuesday after Federal Aviation ...

This aircraft takes off like a helicopter but flies more like a plane. We got to see how an air taxi gets built -- and how ...

US regulators on Tuesday finalized regulations for "powered lift" vehicles, opening the door for commercial air taxis."The ...