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 ...
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 ...
Today, air taxi firm Lilium revealed in a U.S. regulatory filing that its two main subsidiaries will file for insolvency in the near future. Following the news, Lilium’s share price dropped more ...
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