Lilium, an electric aviation company based in Germany, said it wants to be the first to sell electric vertical takeoff and landing (eVTOL) aircraft in the US. But it won’t be cheap.

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 ...

This capital raise enables Lilium to continue the development of its Lilium Jet at full pace and would cover most of the estimated capital required to achieve first manned flight of the type ...

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees.

First aircraft (Lilium Jet MSN 1) to be used exclusively for ground testing starting in a few weeksSecond aircraft (Lilium Jet MSN 2) to be used for first manned flight in early 2025, will start ...

The stock of German aerospace company Lilium NV (LILM), which manufactures air taxis, is down 58% after the company said its two main subsidiaries will file for insolvency. The company’s two ...

German air taxi developer Lilium said on Tuesday it was in "active and constructive" discussions for new funding as it ramps up battery-cell production.

For the fourth day in a row, shares of Lilium, a developer of electric vertical take-off and landing (eVTOL) jets, climbed higher.

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 ...

Lilium eVTOL Jet production began in late 2023, ahead of commercial flights expected to start in 2026. Check out flight footage of the Jet below: Add Electrek to your Google News feed.

Lilium has raised an additional $192 million, after announcing an initial $100 million raise back in May. The funding will help support the company's development efforts, but comes at a price to ...

German electric aircraft pioneer Lilium NV recently began assembling its first commuter jet ahead of planned commercial service in 2026, and already the company’s co-founder is plotting his next ...