Lilium N.V. (LILM) stock plummeted 60% after facing funding challenges, potentially leading to insolvency proceedings for its ...

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

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 ...

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

Electric aircraft startup Lilium is shutting down after failing to raise emergency money from the German government, ...

German air-taxi developer Lilium said on Thursday two of its subsidiaries in the country have decided to file for insolvency ...

The Bavarian air taxi developer Lilium has announced that it will file for insolvency proceedings for its two most important ...

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

Two years before German air taxi manufacturer Lilium promised to deliver its first two aircraft to customers, the air taxi pioneer has run out of money and will imminently stop making them. In a ...

BERLIN - A German flying taxi startup is expected to file for bankruptcy, US market regulators said on Oct 24, a week after ...

FRANKFURT—Advanced air mobility startup Lilium plans to file for self-administered insolvency in Germany. The company said in ...