In his LinkedIn post, Sander regretted that the Lilium Jet, as the air cab was to be called, would not become a reality after all. Lilium has not yet commented on the development on its official ...

Lilium, which is developing an all-electric vertical take-off and landing jet, has closed on a funding round of $119 million. Participants included Honeywell Aerospace and Aciturri, as well as LGT ...

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 ...

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 ...

The insolvent electric aircraft manufacturer Lilium is to receive 200 million euros from its rescuing backer. The capital increase is intended to provide Lilium with the funds it needs to bring ...

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 ...

Electric air taxi startup Lilium (OTC:LILMF) stock price gained ~268% as it signed an asset purchase agreement with Mobile Uplift, a company set up by an experienced consortium of investors from ...

The insolvent air cab pioneer Lilium has found an investor and intends to continue its business. As the start-up announced at Christmas, the Mobile Uplift Corporation consortium has signed a ...

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 ...

Executive eVTOL operator The Ambitious Group signs sales agreement with Lilium GmbH for the purchase of eight Lilium Jets, with options for six moreLilium team continues to prepare for first ...

The Lilium Jet is an electric vertical takeoff and landing aircraft, or eVTOL, that can seat from four to six people.Matt Broffman, Lilium’s commercial vice president in North America, said the ...