On 24 December, German flying taxi manufacturer Lilium announced that it had signed an asset purchase agreement with Mobile Uplift Corporation, a company set up by a consortium of European and North ...

two subsidiaries of Lilium NV that were on the verge of closure in the run up to Christmas. Formed as a vehicle for an “experienced consortium of investors from Europe and North America” who ...

FRANKFURT—German electric aircraft startup Lilium has suspended operations and may be forced to file for insolvency again shortly, several sources familiar with the situation tell Aviation Week.

In the autumn, Lilium had to file for bankruptcy for the first time as it lacked the funds to set up production. In literally the last second, the investor consortium Mobile Uplift Corporation ...

The provisional insolvency administrator has taken the helm at the insolvent German electric aircraft manufacturer Lilium. The Weilheim Local Court has appointed lawyer Robert Hänel, as announced ...

Lilium, an electric aviation company based in Germany, says it has secured a binding sales agreement for up to 100 electric vertical takeoff and landing (eVTOL) aircraft with Saudia Group ...