A failed €200 million bailout has pushed Lilium Aerospace into insolvency for the second time, ending the company’s decade-long pursuit of an electric air taxi.
Lilium’s future hangs in the balance as the air taxi pioneer faces another insolvency crisis, with delayed funding and employee uncertainty threatening its survival.
From dramatic financial rescues to new certifications in the Chinese market, here are the major stories you might have missed over Christmas.
Lilium has secured new orders for its eVTOL aircraft from The Ambitious Group, with the operator citing insider information as a key factor in its confidence despite Lilium’s ongoing financial challenges.
Investor concerns rise as the electric aviation pioneer seeks new funding.
Lilium has announced that its two main subsidiaries are filing for insolvency after the company was denied a €100 million loan from the German federal government.
A failed €200 million bailout has pushed Lilium Aerospace into insolvency for the second time, ending the company’s decade-long pursuit of an electric air taxi.
Lilium’s future hangs in the balance as the air taxi pioneer faces another insolvency crisis, with delayed funding and employee uncertainty threatening its survival.
From dramatic financial rescues to new certifications in the Chinese market, here are the major stories you might have missed over Christmas.
Lilium has secured new orders for its eVTOL aircraft from The Ambitious Group, with the operator citing insider information as a key factor in its confidence despite Lilium’s ongoing financial challenges.
Investor concerns rise as the electric aviation pioneer seeks new funding.
Lilium has announced that its two main subsidiaries are filing for insolvency after the company was denied a €100 million loan from the German federal government.
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