Nov 4 (Reuters) - German air-taxi maker Lilium (5KD.F), opens new tab said on Monday it would file for insolvency "soon", after efforts to solve its cash-crisis failed to yield results.
Lilium, a German electric vertical takeoff and landing aircraft (eVTOL) company often called the Tesla of flying cars, is planning to file for insolvency and will seek self-administration ...
Lilium, the manufacturer of an electric vertical takeoff and landing (eVTOL) jet designed to fly as many as seven passengers on 100-mile trips between cities, is out of cash. The firm on Thursday ...
Ten months after powering on its first aircraft, electric jet developer Lilium is in financial jeopardy. The German company is filing for self-administration, a status in that country that is similar ...
Lilium (LILM) has released an update. Lilium’s key German subsidiaries have filed for insolvency, raising uncertainty over their financial future. This development may impact investor sentiment ...
Lilium isn't the first to face empty coffers. Lilium, a flying taxi startup, is facing bankruptcy after burning through over $1 billion despite multiple funding rounds. The company plans to file ...
It has been confirmed by electric vertical takeoff and landing (eVTOL) aircraft developer Lilium that two of its principal subsidiaries will file for insolvency and apply for self-administration ...
Lilium shares are trading lower by 36% during Friday's session. The company's German subsidiaries announced plans to seek insolvency in court. Lilium NV LILM shares are trading lower by 38% to 13 ...