Mercedes-backed Volocopter files for bankruptcy | TechCrunchVolocopter, a German electric air taxi company, has filed for bankruptcy protection while seeking new investors to stabilize operations.
Munich-based e-air taxi startup Lilium to restart operationsLilium is restructuring with new investor support after laying off 1,000 employees, aiming to restart operations in the eVTOL market.
Shuttered electric air taxi startup Lilium may be saved after all | TechCrunchLilium, an electric air taxi startup, is being acquired by Mobile Uplift Corporation after ceasing operations and intends to restructure and rehire laid-off workers.
Mercedes-backed Volocopter files for bankruptcy | TechCrunchVolocopter, a German electric air taxi company, has filed for bankruptcy protection while seeking new investors to stabilize operations.
Munich-based e-air taxi startup Lilium to restart operationsLilium is restructuring with new investor support after laying off 1,000 employees, aiming to restart operations in the eVTOL market.
Shuttered electric air taxi startup Lilium may be saved after all | TechCrunchLilium, an electric air taxi startup, is being acquired by Mobile Uplift Corporation after ceasing operations and intends to restructure and rehire laid-off workers.
Flying taxi maker Lillium lays off 1,000 workers and ceases operationsLilium has ceased operations and laid off 1,000 workers due to financial struggles and the inability to secure more funding.
Lilium Shuts Down Operations and Lays Off Workforce Amid Looming LiquidationLilium, an eVTOL startup, has announced impending liquidation after years of financial struggle and failed funding efforts.
Electric aircraft startup Lilium ceases operations, 1,000 workers laid off | TechCrunchLilium, an electric aircraft startup, has ceased operations and laid off about 1,000 workers due to financing issues and insolvency.
Lilium Shuts Down Operations and Lays Off Workforce Amid Looming LiquidationLilium, an eVTOL startup, has announced impending liquidation after years of financial struggle and failed funding efforts.
Electric aircraft startup Lilium ceases operations, 1,000 workers laid off | TechCrunchLilium, an electric aircraft startup, has ceased operations and laid off about 1,000 workers due to financing issues and insolvency.
Europe's flying taxi dreams falter as cash runs shortVolocopter's electric flying taxi plans fell short at the Paris Olympics, amidst urgent funding challenges.
Lilium announces self-administration of German subsidiaries - Silicon CanalsLilium plans to apply for self-administration proceedings after failing to secure crucial funding, leading to a significant drop in stock value.
Electric aircraft startup Lilium has run out of money | TechCrunchLilium aircraft startup is shutting down due to financial troubles and failure to raise emergency funds from the German government.
Air taxi maker Lilium is out of money and will cease operationsLilium has gone into insolvency due to failed funding efforts, halting air taxi production.The competitive eVTOL market poses significant challenges for companies unable to secure financing.
Lilium stock price plummets to penny territory as FAA green light for flying taxis can't save it from insolvencyLilium's subsidiaries are expected to file for insolvency due to insufficient funds, causing a significant drop in share price.
Electric aircraft startup Lilium has run out of money | TechCrunchLilium aircraft startup is shutting down due to financial troubles and failure to raise emergency funds from the German government.
Air taxi maker Lilium is out of money and will cease operationsLilium has gone into insolvency due to failed funding efforts, halting air taxi production.The competitive eVTOL market poses significant challenges for companies unable to secure financing.
Lilium stock price plummets to penny territory as FAA green light for flying taxis can't save it from insolvencyLilium's subsidiaries are expected to file for insolvency due to insufficient funds, causing a significant drop in share price.