Lilium's new owner Mobile Uplift Corporation (MUC) now expects to take ownership of the company's assets by the end of the ...

In just the past 3 months, air taxi eVTOL hopefuls Lilium Air Mobility and Volocopter filed for insolvency. Will remaining ...

Insolvent German electric aircraft manufacturer Lilium is to receive €200 million ($206 million) from the investor consortium Mobile Uplift Corporation (MUC), the Bernstein Group consultancy firm ...

Lilium's last-gasp rescuer Mobile Uplift Corporation (MUC) expects to complete its acquisition of the electric air taxi developer's operating assets by 20 January, having taken possession of them ...

@ Aermaco: In the event of engine failure, Lilium and most eVTOLs glide worse than traditional aircraft. They face impact speeds over 100 knots due to high wing loading (small wings, high weight ...

Lilium has had a wild Christmas — but it's largely good news for the embattled electric air taxi company. Munich, Germany-based Lilium was founded a decade ago to design eVTOL style aircraft ...

FRANKFURT—The group of investors seeking to take over electric aircraft manufacturer Lilium plans to invest more than €200 million ($205 million) into the insolvent company. Mobile Uplift ...

A group of European and American investors as the Mobile Lift Corporation agreed to acquire the assets of the German eVTOL aircraft developer Lilium, AIN reported. On Dec. 24 Lilium […] ...

German eVTOL startup Lilium has ceased operations as of this week, sunsetting a decade-long effort funded with over US$1 billion to build electric air taxis, with nary a single aircraft delivered.

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 ...

a consortium of European and North American investors, has agreed to acquire the operating assets of bankrupt electric aircraft manufacturer Lilium. The deal, announced on Dec. 24, will allow ...