Lilium's new owner Mobile Uplift Corporation (MUC) now expects to take ownership of the company's assets by the end of the ...

Lilium, which was developing vertical take-off and landing (VTOL) aircraft with speeds of up to 100 km/h, had raised more than $1 billion from investors before going public in 2021 on the Nasdaq ...

@ Aermaco: In the event of engine failure, Lilium and most eVTOLs glide worse than traditional aircraft. They face impact speeds over 100 knots due to high wing loading (small wings, high weight ...

FRANKFURT—The group of investors seeking to take over electric aircraft manufacturer Lilium plans to invest more than €200 million ($205 million) into the insolvent company. Mobile Uplift ...

The Lilium Jet is an electric vertical takeoff and landing aircraft, or eVTOL, that can seat from four to six people.Matt Broffman, Lilium’s commercial vice president in North America, said the ...

‘We sought to bring the same simplicity and elegance to our own aircraft,’ Nathen continues, and as these new sketches reveal, a philosophy of clean and minimal design runs through Lilium's processes.

Lilium flew a 2-seater prototype which they are hoping to develop into a 5-seater air-taxi. The jet has 36 engines and 12 moveable flaps. The company want it to be an alternative to cars in inner ...

On 24 December, German flying taxi manufacturer Lilium announced that it had signed an asset purchase ... It will cover the two subsidiaries of the electric aircraft developer, that had to cease ...

Insolvent German electric aircraft manufacturer Lilium is to receive €200 million ($206 million) from the investor consortium Mobile Uplift Corporation (MUC), the Bernstein Group consultancy ...

The Lilium aircraft with electric engines and hardly any noise can operate in densely populated urban areas and cover great distances with minimum emissions. The all electric Lilium jet has an ...