Electric aircraft startup Lilium is shutting down after failing to raise emergency money from the German government, according to a regulatory filing. The filing comes after a series of setbacks from ...

German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria. Stream Los Angeles News for free, 24/7, wherever ...

Lilium N.V. (NASDAQ:LILM) plunged in early trading on Thursday after the eVTOL company disclosed that it received an indication that the budget committee of the parliament of the Federal Republic of ...

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees. Mobile Uplift Corporation, a company set up by ...

(Bloomberg) -- Lilium NV said its main subsidiaries may be forced to file for insolvency proceedings within days as the electric flying taxi firm struggles to raise enough funding to continue ...