Seven years after its first test flight, German electric air taxi manufacturer Lilium has run out of funding and filed for insolvency for its two primary subsidiaries.

Lilium and GE Aerospace partner on eVTOL safety data monitoring with advanced flight analytics: critical insights for eVTOL operators ...

Two years before German air taxi manufacturer Lilium promised to deliver its first two aircraft to customers, the air taxi pioneer has run out of money and will imminently stop making them. In a ...

Electric aircraft startup Lilium is shutting down after failing to raise emergency money from the German government, ...

Conflux Technologyhas announced its $11M Series B capital raise to further technology development and increase customer support worldwide.

PteroDynamics has appointed a pair of international distributors to pursue military and commercial customers for its ...