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

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 ...

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

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

Desperate Lilium Aerospace employees who have gone almost two months without pay have been forced to turn to crowdfunding in ...

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’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.

The plans to save the electric flying taxi developer Lilium have failed again. Lilium filed for insolvency again this Friday at Weilheim Local Court, as ...

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

A high-stakes corporate dispute has divided the Gambia Court of Appeal, with justices delivering sharply contrasting opinions on whether court documents were properly served on Vista Bank Gambia's ...

This article is published in Advanced Air Mobility part of Aviation Week Intelligence Network (AWIN), and is complimentary ...