Seven years after its first test flight, German electric air taxi manufacturer Lilium has run out of funding and filed for ...

Lilium, one of the world's leading eVTOL makers, said it has run out of money due to loan denials from the German parliament.

VTOL developer Lilium has confirmed that two of its principal subsidiaries will file for insolvency and apply for ...

Stellantis announced a deal with air taxi startup Archer to mass-produce the company’s electric vertical takeoff and landing ...

Lilium and GE Aerospace partner on eVTOL safety data monitoring with advanced flight analytics: critical insights for eVTOL operators ...

Flying taxi startup Lilium faces significant risk of going bankrupt or shutting down if it can’t raise additional funds.

Munich-based Lilium, the developer of the first all-electric vertical take-off and landing (“eVTOL”) aircraft, announced that is planning to apply for self-administration proceedings in a German court ...

A German flying taxi pioneer that was once valued at more than €3bn (£2.5bn) is preparing to file for bankruptcy after ...

Follows German parliament's Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraiseCompany was also unable to reach an agreement in principle with Bavaria ...

Daily Memo: Lights Out For Lilium is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) ...

Two of its principal subsidiaries will file for insolvency and apply for self-administration, follows failed loan efforts ...

Federal regulators have cleared the path for electric vertical takeoff and landing aircraft to share U.S. airspace with ...