Hope endures for a sky with Lilium jets
While Lilium is working hard to find different ways to save the company, there are many cards up its sleeve. Thanks to the self-managed insolvency, the millions in euros that…
Latest Buzz about VTOL aircraft and technology
While Lilium is working hard to find different ways to save the company, there are many cards up its sleeve. Thanks to the self-managed insolvency, the millions in euros that…
Lilium has publicly announced that during its mergers and acquisition process (M&A) it will retain the services of the UK headquartered “Big Four” multi-service firm KPMG. The Local Court of…
Against the backdrop of the iconic Mount Fuji, Joby Aviation, Inc. (Joby; NYSE:JOBY) in a partnership with Toyota that has been 7 years in the making, Joby’s VTOL aircraft took…
With $318 million raised during the Series C round it brings the total equity capital raised by BETA Technologies to 1 billion dollars. During this round of fundraising, Qatar Investment…
With the electric VTOL market expecting to grow from $1.2 billion in 2023 to $23.4 billion by 2030 and $1 trillion by 2040, it is a no-brainer that investors will…
Joby finalized the sale of 40,000,000 shares of common stock at a public offering price of $5.05 per share, making Joby possessing a cash balance of over $1 billion. The…
Lilium’s 6-k filing on Thursday (October 24th 2024), mentioned the situation at hand regarding the need of funds for Lilium (NASDAQ: LILM) to “conduct ongoing operations” in the same tempo…
The German federal government currently faces a crucial decision: whether to support Lilium, an innovative aerospace company, with a €50 million loan guarantee. Lilium, known for its cutting-edge work on…
(Yes, we know the correct pronunciation, but thought this was fun!) Two potential sources of funding might provide the spark that jumpstarts electric VTOL manufacture Lilium’s growth. Both a €100…
Systems power-on paves the way for Lilium Jet’s ground testing campaign Munich, October 1, 2024 – Lilium N.V. (NASDAQ: LILM), a leader in electric aircraft manufacturing and a pioneer in…