Thwarted in its bid to rescue Germany’s Lilium from liquidation, Netherlands-based Ambitious Air Mobility Group (AAMG) has signed binding investment terms with another European electric air taxi ...
Archer Aviation Inc. (NYSE:ACHR) surged 8.1% on Wednesday after the eVTOL aircraft developer revealed it had acquired Lilium GmbH’s portfolio of roughly 300 patent assets in a €18 million deal. The ...
Lilium was founded in 2015 and spent over $1.5B developing advanced technologies related to electric vertical takeoff and landing (eVTOL) aircraft The Lilium patent portfolio is made up of key ...
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