In potentially another dramatic twist to Lilium's protracted collapse, rumours have surfaced of yet another last-ditch bid to ...

Lilium Aerospace’s short-lived existence has ended in insolvency after the company failed to secure funding from its backers in time. Revealing on 21 February that it had reached the end of the ...

The acquisition of Volocopter by Zhejiang Wanfeng Auto Wheel Co for a knock-down price will fuel debate about Germany’s ...

German electric aircraft manufacturer Lilium has filed for bankruptcy for the second time following a failed rescue attempt. The €200 million ($209.3 million) promised by an investor consortium ...

I feel sorry for all those employees swept up by upper management hubris. Unfortunately, since the insolvency of Lilium GmbH and Lilium eAircraft GmbH last year, the investors under the new company ...

In a U.S. regulatory filing, German aerospace startup Lilium — which is listed on the Nasdaq — said it had not been able to raise sufficient additional funds to continue the operations of ...

A group of investors from North America and Europe, united under Mobile Uplift Corporation GmbH ... of the Lilium Jet’s ducted fan technology advanced, with several engines now built and ...

Lilium is among firms that have been developing electric-powered jets that can take off and land vertically, designed to carry small groups of people over relatively short distances. It filed for ...

With no tail, no rudder and only one moving part in each engine, the Lilium Jet embodies this near-natural ideal, while balancing functional engineering requirements. Two months since its maiden ...