Electric aircraft startup Lilium ceases operations, 1,000 workers …
Dec 23, 2024 · Lilium co-founder Patrick Nathen confirmed on LinkedIn that the 10-year-old company had stopped operating. “After 10 years and 10 months, it is a sad fact that Lilium has ceased operations.
Lilium’s Electric Air Taxi Dreams Retake Flight—Hopefully - Forbes
1 day ago · Lilium has had a wild Christmas — but it's largely good news for the embattled electric air taxi company. Munich, Germany-based Lilium was founded a decade ago to design eVTOL style aircraft ...
Lilium ceases operations without delivering a single electric air taxi
Dec 24, 2024 · German eVTOL startup Lilium has ceased operations as of this week, sunsetting a decade-long effort funded with over US$1 billion to build electric air taxis, with nary a single aircraft delivered.
Lilium achieves breakthrough in investor search - Lilium
Dec 24, 2024 · Lilium Forward Looking Statements: This press release contains certain forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding Lilium N.V. and its subsidiaries (collectively, the “Lilium Group”) proposed business and business model, the goal and outcome of insolvency proceedings for entities in the Lilium Group, the ...
Air taxi firm Lilium's shares plunge 61% after company says main ...
Oct 24, 2024 · German company Lilium produces flying electric passenger drones. Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries will file for...
Lilium officially files for insolvency - electrive.com
Oct 29, 2024 · Lilium has now officially filed for insolvency for its two most important subsidiaries. The German electric flying taxi developer filed for self-administration proceedings at Weilheim Local Court on Monday.
Lilium News and Updates - Newsroom and Media Kit - Lilium
Dec 24, 2024 · Read all the latest news and information from Lilium. Press enquiries can contact us here or download our Media Kit.
Nasdaq stock exchange to delist Lilium following insolvency filings
Oct 29, 2024 · The Nasdaq stock exchange will halt trading of financially embattled air taxi developer Lilium’s shares after 5 November, a move coming in response to insolvency filings for two of the German...
Electric aircraft startup Lilium has run out of money
Oct 24, 2024 · 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...
Insolvent air taxi startup Lilium to be liquidated
Dec 23, 2024 · Lilium then sought state aid in Germany. In mid-October, however, it became clear that neither the federal government nor the Free State of Bavaria would provide any financial support, and Lilium filed for insolvency. Update 24 December 2024. Lilium has found an investor at the last minute. Read all the details in this article.