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 ...

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 […] ...

Lilium, which was developing vertical take-off and landing (VTOL) aircraft with speeds of up to 100 km/h, had raised more than $1 billion from investors before going public in 2021 on the Nasdaq ...

@ 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 ...

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 ...

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 ...

has agreed to acquire the operating assets of bankrupt electric aircraft manufacturer Lilium. The deal, announced on Dec. 24, will allow Lilium to restart operations in early January and continue ...

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 ...

Executive eVTOL operator The Ambitious Group signs sales agreement with Lilium GmbH for the purchase of eight Lilium Jets, with options for six moreLilium team continues to prepare for first ...

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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 ...