Electric aircraft startup Lilium is shutting down after failing to raise emergency money from the German government, according to a regulatory filing. The filing comes after a series of setbacks from ...

Lilium has had a wild Christmas — but it's largely good news for the embattled electric air taxi company. Munich, Germany-based Lilium was founded a decade ago to design eVTOL style aircraft, but in ...

MUNICH, Germany, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, today announced that it will share new details ...

The German electric VTOL aircraft maker is going insolvent. The German electric VTOL aircraft maker is going insolvent. is a former news writer for The Verge. Two years before German air taxi ...

Lilium, once a darling in the nascent industry of electric aircraft that raised more than $1 billion before going public, has ceased operations and laid off about 1,000 workers after efforts to gain ...

Yesterday, Lilium confirmed that it has begun building the Lilium Jet. Seven aircraft will be built for use in certification flight testing. Today, Lilium announced it has a Memorandum of ...

Electric aircraft startup Lilium may have ceased operations a year ago, but its insolvency filing wasn’t quite the end of the German-based company. There were multiple failed attempts to restructure ...

Desperate Lilium Aerospace employees who have gone almost two months without pay have been forced to turn to crowdfunding in order to cover their living costs while the firm remains in financial limbo ...

Lilium’s insolvency administrator Pluta says it has still not received the necessary bank guarantee from would-be buyer Ambitious Air Mobility Group (AAMG), despite the latter’s assertion that the ...