Lilium’s financial struggles are reaching a crisis point as it strives to get to first flight of the Lilium Jet. Credit: Lilium Lilium has stepped up pressure on the German federal and Bavarian ...

Thursday's news from next-generation aircraft developer Lilium (NASDAQ: LILM) was worrying. On the Germany-based company's admission that it would not be provided a loan guarantee by that country ...

Without a loan from the German government and the matching funds from the State of Bavaria, Lilium N.V. (NASDAQ:LILM) will have to quickly find other ways to raise the cash it needs to avoid ...

The Lilium Jet is equipped with Honeywell’s Anthem flight deck and Compact Fly-By-Wire flight controls. Credit: Lilium Lilium has achieved the system power-on milestone for its first prototype ...

German air taxi developer Lilium has powered up its Lilium Jet for the first time, marking what it calls a “significant milestone towards first flight”. The Munich-based urban air mobility ...

Systems power-on paves the way for start of Lilium Jet ground testing campaign The first Lilium Jet – MSN 1 – will be used to confirm safety for first piloted flight planned for early 2025 MSN ...

Lilium NV, which is working to produce a small commuter aircraft powered by electric jets, said it was denied a government-backed financial lifeline, throwing its future into doubt as the company ...

the “Lilium Group”) proposed business and business model; (ii) the markets and industry in which the Lilium Group operates or intends to operate; and (iii) the Lilium Group’s progress ...

Diligence undertaking by KfW is a decisive step towards public support of LiliumCEO Klaus Roewe: We are expecting a swift process.Lilium targets minimum € 100 million KfW loan... MUNICH - Lilium ...

Lilium divulged the news in a regulatory filing with the U.S. Securities and Exchange Commission (SEC). The company said that it "received indication" that the German parliament's budget committee ...