Beleaguered former employees of collapsed electric air taxi developer Lilium have received an overdue glimmer of good news ...

Other European startups are continuing to pursue eVTOLs, such as Ascendance and VoltAero in France, Sirius Aviation in ...

German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria. Stream Los Angeles News for free ...

Burkina Faso has completed the transfer of five gold mining assets to the country's state-owned miner, according to a decree published late on Wednesday, finalising a process that began in August to ...

Certification of the Lilium Jet could easily have been achieved by late 2027 through the restructuring central to Lilium’s revival had the abortive rescue of the business not collapsed due to a ...

Lilium N.V. — a German startup listed during the Covid-19 boom— revealed serious problems plaguing it from the start. The company's innovative founder couldn’t bring Lilium to new heights.

German eVTOL company Lilium has teamed up with a Texas-based aviation dealer to open up the books for its 30-rotor, four-seat electric aircraft. German eVTOL company Lilium has teamed up with a ...

Lilium has secured additional funding and deals, making it a viable player in the flying taxi space. The company has a long list of orders and a pipeline of 780 units, with plans to enter full ...

Almost halfway into the decade in which air-taxi makers have promised investors the first commercial flights, the demise of Lilium shows how dwindling cash balances threaten to delay the sector's ...

German electric aircraft pioneer Lilium NV recently began assembling its first commuter jet ahead of planned commercial service in 2026, and already the company’s co-founder is plotting his next ...