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…
Say “Oui” to the Fleur de Lys! ⚜️ Lilium’s destiny in an electrified France.
(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…
Lilium Powers On First Lilium Jet, Marking a Major Milestone Towards MSN 1 Debut Flight
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…
Lilium, EMCJET and Galaxy FBO bring the future of air travel to Houston!
Thanks to the incredible work between Lilium, EMCJET, and Galaxy FBO the great state of Texas will have Lilium jet connections between the cities of the Texas triangle. Houston (the…
Lilium’s solution to noise pollution: Bringing serenity to the scenery of the French Riviera.
A Sound Approach Without a doubt, it can be quite a nuisance to take time off from a hectic work schedule and spend time vacationing in the French Riviera, only…
XTI Aircraft Company will pursue certified turboshaft engines for completing TriFan 600 VTOL aircraft until hybrid-electric technology technology becomes “feasible”.
XTI had plans beginning in 2017 to create a propulsion system making use of a turbogenerator with battery-powered electric motors. As of 2024 this plan has been put on hold…