Lilium earlier this week announced a second bankruptcy and we await news on whether Volocopter has a future — meanwhile, ...

Certification of the Lilium Jet could easily have been achieved by late 2027 through the restructuring central to Lilium's ...

The company behind the Lilium Jet has filed for insolvency after its funding option dried up and promises of new financing ...

Lilium Aerospace's short-lived existence has ended in insolvency after the company failed to secure funding from its backers ...

The almost 1,000 employees of the insolvent electric aircraft manufacturer Lilium will probably not receive any insolvency ...

Once the leaders in a nascent market, German electric air taxi startups Lilium and Volocopter are clinging to diminishing hopes of financial rescue. The latter has joined the former in full insolvency ...

Manufacturer was building an electric vertical takeoff and landing (eVTOL) jet to fly up to seven passengers on city-to-city ...

Airways analyzes the insolvencies and funding failures of eVTOL innovators in the Advanced Air Mobility Sector.

FRANKFURT—Electric aircraft manufacturer Lilium Aerospace filed for insolvency Feb. 21 after its main investor failed to provide promised funding for the rebuilding of operations, likely ending the ...

Lilium, which has pioneered eVTOL aircraft development in Europe for more than a decade, is being shut down after a delayed ...

Lilium’s shares have plunged hard in the past few years, pushing its market cap to about $520 million. At its peak, it had a market cap of over $2.1 billion as demand for eVTOL companies rose.

Archer Aviation (ACHR) and Lilium (LILM) are two of the most popular electric vertical takeoff and landing (EVTOL) or flying ...