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, a German aerospace company, debuted its electric vertical takeoff and landing jet Thursday at Hobby Airport in the U.S. for the first time as it hopes the aircraft will be flying over ...

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 ...

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 ...

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 ...