In potentially another dramatic twist to Lilium's protracted collapse, rumours have surfaced of yet another last-ditch bid to ...
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 ...
German electric aircraft manufacturer Lilium has filed for bankruptcy for the second time following a failed rescue attempt. The €200 million ($209.3 million) promised by an investor consortium ...
Lilium Aerospace’s short-lived existence has ended in insolvency after the company failed to secure funding from its backers in time. Revealing on 21 February that it had reached the end of the ...
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.
Lilium, a German developer of electric vertical takeoff and landing (eVTOL) jets, is shutting down. Lilium’s two core subsidiaries ran out of cash in October, forcing it to file for “self ...
The acquisition of Volocopter by Zhejiang Wanfeng Auto Wheel Co for a knock-down price will fuel debate about Germany’s ...
Archer Aviation (ACHR) and Lilium (LILM) are two of the most popular electric vertical takeoff and landing (EVTOL) or flying ...
EHang, JAC Motors and Guoxian Holdings will conduct joint research on the automation of aircraft production technologies and build a manufacturing base, all to accelerate low-altitude aviation ...
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