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 ...

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

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

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 ...

With both candidates in Texas, Trump takes aim at his rival's immigration policy while Harris pledges to codify the right to abortion. Brothers Lyle and Erik Menendez are serving jail sentences ...

Thales and the Max Planck Institute for Plasma Physics have achieved a new milestone in nuclear fusion by setting a world ...

Prime Minister Narendra Modi today said this is the right time to join India's growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation.

Reports show the laboratory once used for research on the Ebola and bubonic plague viruses is being expanded and renovated ...