Flying taxi startup Lilium faces significant risk of going bankrupt or shutting down if it can’t raise additional funds.

Stellantis announced a deal with air taxi startup Archer to mass-produce the company’s electric vertical takeoff and landing ...

Two of its principal subsidiaries will file for insolvency and apply for self-administration, follows failed loan efforts ...

The Lilium Jet, priced at $10 million, was scheduled to take its first planned flight in early 2025. The company had promised ...

A German flying taxi pioneer that was once valued at more than €3bn (£2.5bn ...

Seven years after its first test flight, German electric air taxi manufacturer Lilium has run out of funding and filed for ...

VTOL developer Lilium has confirmed that two of its principal subsidiaries will file for insolvency and apply for ...

The Bavarian air taxi developer Lilium has announced that it will file for insolvency proceedings for its two most important ...

Follows German parliament's Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraiseCompany was also unable to reach an agreement in principle with Bavaria ...

Munich-based Lilium, the developer of the first all-electric vertical take-off and landing (“eVTOL”) aircraft, announced that is planning to apply for self-administration proceedings in a German court ...

Shares of German air taxi maker Lilium cracked over 60 per cent in the US market after its subsidiaries informed that they ...

Lilium’s stock nosedives over 55% as two key subsidiaries face insolvency. The aerospace startup struggles to secure state ...