Electric aircraft startup Lilium is shutting down after failing to raise emergency money from the German government, ...

The company's U.S.-listed shares fell 57% to 23 cents after the subsidiaries - Lilium GmbH and Lilium eAircraft GmbH - told ...

Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for ...

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 ...

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

BERLIN - A German flying taxi startup is expected to file for bankruptcy, US market regulators said on Oct 24, a week after ...

Two years before German air taxi manufacturer Lilium promised to deliver its first two aircraft to customers, the air taxi pioneer has run out of money and will imminently stop making them. In a ...

The eVTOL developer Lilium wants to restructure itself in self-administration. Two subsidiaries are insolvent, the parent ...

Lilium shares lost more than half of their value and hit a new low on Thursday after the air-taxi startup said its two main German units plan to file for insolvency. Shares of the German company were ...

N.V. announced that its principal German subsidiaries will apply for self-administration proceedings in the next few days with ...