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 ...

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 gain ...

The aircraft still needs to be capable of performing a safe vertical landing – an operation that requires high power output for up to 45 seconds in Lilium's projections. It's a special battery indeed ...

Loss-making Lilium is increasingly confident that it will gain approval “in the coming weeks” for a vital €100 million ($110 million) convertible loan from the German state development bank on which ...

LONDON and MUNICH, Germany, May 29, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air ...

Lilium N.V. (NASDAQ:LILM) shares are trading higher after it entered into a definitive sales agreement with Saudia Group or 50 Lilium Jets, with options for an additional 50 aircraft. Following the ...

G-1 award confirms Lilium’s strategy of pursuing dual certification of the Lilium Jet to enable entry into service in key markets globally FAA G-1 is a critical milestone in the FAA cross-validation ...