Joby Aviation Investors Hope To Avoid Lilium And Volocopter Fate
In just the past 3 months, air taxi eVTOL hopefuls Lilium Air Mobility and Volocopter filed for insolvency. Will remaining ...
Slovak Entrepreneur Funding Rescue Of German Flying Taxi Startup
A Slovak entrepreneur is providing most of the funds to rescue a German flying taxi startup that came close to collapse last ...
Forbes18d
Lilium’s Electric Air Taxi Dreams Retake Flight—Hopefully
A visitor inspects a Saudia Airlines electric Vertical Take-Off and Landing (eVTOL) Lilium jet ... with plans in place for a first flight in early 2025. Indeed, Lilium isn't the only ...
Flightglobal25d
Lilium lifted by Christmas miracle as last-minute sale agreed
Since Lilium’s two subsidiaries entered the insolvency process in late October the company has attempted to maintain progress on its Lilium Jet, with a first flight targeted for 2025 ahead of ...
Aviation Week24d
Lilium To Restart In January After Consortium Agrees To Takeover
In April 2024, Lilium founder Daniel Wiegand showed the first Lilium Jet prototype in its nitial build-up. Credit: Jens Flottau/Aviation Week FRANKFURT—Mobile Uplift Corp., a consortium of ...
Autoweek on MSN22d
eVTOL Startup Gets Rescued with New Investment
After vertical lift is achieved, Lilium's craft transitions to horizontal flight, carrying a helicopter ... achieving a ...
Flightglobal26d
Lilium axes workforce as closure looms unless last-ditch buyer emerges
Development work on the Lilium Jet had also continued. The two businesses had been placed into a self-administration insolvency process in late October with the hope they could be sold as going ...
New Atlas25d
Lilium ceases operations without delivering a single electric air taxi
Germany Lilium was slated to conduct the first manned flight of its second Jet aircraft early in 2025, and deliver its first two machines in 2026. Orders of several Jets from US-based operator ...