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 from ...

Seven years after its first test flight, German electric air taxi manufacturer Lilium has run out of funding and filed for insolvency for its two primary subsidiaries. That's from a regulatory filing ...

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. We’ve ...

Fresh from losing out on Lilium’s assets to Archer Aviation, Dutch firm Ambitious Air Mobility Group (AAMG) has turned its attentions elsewhere and agreed to invest an undisclosed sum in Czech hybrid ...