Now, Lilium faces the reality of losing control of its air taxi subsidiaries, although it’s always possible someone can swoop in and buy them before they’re too late to save.

Allows development of the Lilium Jet to continue at full pace towards 2025 certificationMUNICH, Germany, May 02, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium” or the “Company”) (NASDAQ ...

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees.. Mobile Uplift Corporation, a company set up by ...

On Friday, Lilium stock suffered a sharp reversal. As of 12:50 p.m. ET, shares had tumbled by 17.2% to about $0.88 a share. The reason: Management was taking advantage of the higher stock price to ...

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 been negotiating emergency capital financing with government officials in Germany. The firm's request to receive 50 million euros ($54 million) of state aid from the federal government ...

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 ...

Lilium eVTOL Jet production began in late 2023, ahead of commercial flights expected to start in 2026. Check out flight footage of the Jet below: Add Electrek to your Google News feed.