When we last looked at air taxi startup Lilium, it was in administration and laid off most of its employees on December 20. Now it seems there was a Christmas miracle on December 24, with ...

Lilium’s last-gasp rescuer Mobile Uplift Corporation (MUC) expects to complete its acquisition of the electric air taxi developer’s operating assets by 20 January, having taken possession of ...

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees. Mobile Uplift Corporation, a company set up by ...

Electric air taxi startup Lilium (OTC:LILMF) stock price gained ~268% as it signed an asset purchase agreement with Mobile Uplift, a company set up by an experienced consortium of investors from ...

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.

Lilium, once a darling in the nascent industry of electric aircraft that raised more than $1 billion before going public, has ceased operations and laid off about 1,000 workers after efforts to ...

A last-minute rescue may have saved innovative startup Lilium, as the company has announced a rescue deal with a consortium of European and North American investors. “We are very pleased to announce ...

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Lilium NV (LILMF, Financials) shares surged by 268.4% to $0.14 on Monday following the announcement of an asset purchase agreement with Mobile Uplift Corporation GmbH. By early January 2025, the ...

According to Gründerszene, the most promising potential investor could not prove within the deadline that it had the necessary liquid funds. And time is running out for Lilium, as the employees’ ...