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

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

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

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

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

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

The air taxi firm said its main subsidiaries will likely file just days after the Federal Aviation Administration cleared a ...

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

Lilium shares are trading lower by 36% during Friday's session. The company's German subsidiaries announced plans to seek ...

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

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