Two years before German air taxi manufacturer Lilium promised to deliver its first two aircraft to customers, the air taxi pioneer has run out of money and may be forced to stop making them. We’ve ...
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for ...
KB Photo byMelinda Gimpel onUnsplash Lilium NV, the parent company of Bavarian companies Lilium (Oberpfaffenhofen) and air ...
Lilium was once a promising ‘air taxi' startup worth billions. Now it's on the brink of insolvency
Founded by four university students in 2015, Lilium rapidly gained a reputation as one of Europe's best-funded air taxi firms. The company managed to raise hundreds of millions of dollars from ...
German air-taxi maker Lilium said on Monday it would file for insolvency "soon", after efforts to solve its cash-crisis failed to yield results.
(Reuters) - German air-taxi maker Lilium, which is set to file for insolvency after running into a cash crisis, said on ...
Lilium ( NASDAQ: LILM) has tapped KPMG to conduct a structured M&A process, as the cash-strapped air-taxi maker looks to ...
More from Robb Report This Flying Car Just Got an Aerodynamic Makeover That Makes It Fly-and Drive-Faster 6 Ways Technology ...
Beta Technologies raised over $300M for its novel eVTOL aircraft while Lilium filed for insolvency, highlighting the hurdles ...
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