The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...
If you suffered losses exceeding $50,000 in Lilium between June 11, 2024 and November 3, 2024 and would like to discuss your ...
Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...
Lilium's financial crisis underscores significant challenges for Western air-taxi companies, highlighting investment shortfalls and certification delays. While raising $13 billion since 2019, the ...
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 may be forced to stop making them.
Lilium was once a promising ‘air taxi' startup worth billions. Now it's on the brink of insolvency
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 ...
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