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

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

Lilium shares are trading lower by 36% during Friday's session. The company's German subsidiaries announced plans to seek ...

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

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 ...

Lilium and GE Aerospace partner on eVTOL safety data monitoring with advanced flight analytics: critical insights for eVTOL operators ...

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

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

Meta and Snap are investing billions in augmented reality (AR) technology, aiming to revolutionize digital interaction ...

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