German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria. Insolvency would mark a dramatic fall for a ...

Some time ago, the highly anticipated Lilium German air taxi concept turned to ashes, as its developer had to file for insolvency twice and eventually close its gates for good due to expected ...

German aviation start-up Lilium is showing off footage of its electric air taxi soaring through the air at speeds of up to 100 kilometers per hour (62 miles per hour). The company on Tuesday announced ...

(Reuters) -Air taxi firm Archer Aviation on Wednesday said that it has won a bid to acquire rival Lilium's portfolio of about 300 advanced air mobility patent assets for 18 million euros ($20.91 ...