Lilium’s power-hungry eVTOL design required a unique high-performance pouch-cell battery developed by CustomCells. Credit: CustomCells The bankruptcy of German electric air taxi developer Lilium ...

In potentially another dramatic twist to Lilium’s protracted collapse, rumours have surfaced of yet another last-ditch bid to salvage the air taxi developer. Sources close to the company ...

@ Aermaco: In the event of engine failure, Lilium and most eVTOLs glide worse than traditional aircraft. They face impact speeds over 100 knots due to high wing loading (small wings, high weight ...

Lilium, once a darling in the nascent industry of electric aircraft that raised more than $1 billion before going public, has ceased operations and laid off about 1,000 workers after efforts to ...

Nov 4 (Reuters) - German air-taxi maker Lilium (5KD.F), opens new tab said on Monday it would file for insolvency "soon", after efforts to solve its cash-crisis failed to yield results.

Lilium (LILM) has released an update.Lilium’s key German subsidiaries have filed for insolvency, raising uncertainty over their financial future. This development may impact investor sentiment ...

Lilium isn't the first to face empty coffers. Flying taxis could reduce an airport commute from 90 minutes to 7. They could better connect small towns to urban areas. Optimistic investors believe ...

On Thursday afternoon, Lilium declared insolvency for "Lilium GmbH" and "Lilium eAircraft GmbH". This is the result of a mandatory notification to the US Securities and Exchange Commission (SEC ...

Electric aircraft startup Lilium is shutting down after failing to raise emergency money from the German government, according to a regulatory filing. The filing comes after a series of setbacks ...

The stock of German aerospace company Lilium NV (LILM), which manufactures air taxis, is down 58% after the company said its two main subsidiaries will file for insolvency. The company’s two ...

German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria. Insolvency would mark a dramatic fall for a ...

Lilium, a German aerospace company, has debuted its electric vertical takeoff and landing jet in Texas as it aims to have the aircraft flying as soon as 2026 — and serving cities in the Texas ...