In just the past 3 months, air taxi eVTOL hopefuls Lilium Air Mobility and Volocopter filed for insolvency. Will remaining ...

Electric vertical takeoff and landing (eVTOL) startup Lilium reveals last-minute agreement with Mobile Uplift Corporation ...

Lilium has had a wild Christmas — but it's largely good news for the embattled electric air taxi company. Munich, Germany-based Lilium was founded a decade ago to design eVTOL style aircraft ...

German eVTOL startup Lilium has ceased operations as of this week, sunsetting a decade-long effort funded with over US$1 billion to build electric air taxis, with nary a single aircraft delivered.

Days after German eVTOL startup Lilium was able to find new investors to save itself at the last minute, another German eVTOL startup, Volocopter, has filed for insolvency proceedings.

On the heels of eVTOL startup Lilium shutting down, air taxi builder Volocopter may close its doors having filed for insolvency due to lack of funds. On December 26, 2024, the Karlsruhe Local ...

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