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.

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, ...

Joby Aviation said that with the final rule, the FAA “lays the groundwork necessary for Joby to launch commercial passenger ...

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 ...