Lilium’s €150 million jumpstart
Within the next few days Marian Boček will provide the portion necessary out of a total 150 million euros to keep the lights on at Lilium (OTCMKTS: LILMF) which needs…
Lilium’s Christmas lights turn back on brighter than ever after rescue deal
The Christmas Lights will turn on bright at Lilium after Munich-based MUC Mobile Uplift Corporation GmbH agreed to purchase the operating assets of the subsidiaries Lilium GmbH and Lilium eAircraft…
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…
Lilium, manufacturer of world’s first all-electric VTOL jet, hires “Big Four” firm KPMG for mergers and acquisition process
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…
Joby completes first successful overseas flight at Toyota’s facility in Shizuoka, Japan
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…
BETA Technologies, Inc. raised $318 million in Series C equity capital, $1 billion total raised so far
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…
Lilium’s investment in a clean future for air travel
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 over $1 billion in cash balance after $232 million valued share sale
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…
Top 5 companies that should invest millions into Lilium right now to save the planet!
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 cost of lost opportunity: Germany turning its back on Lilium will cost taxpayers more than the funds Lilium is requesting.
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…