Lilium NV and its top executives touted the jet maker’s “fundraising success” before disclosing that its main subsidiaries ...

Lilium initiates restructuring and investment efforts to advance its all-electric aircraft development amid insolvency ...

KPMG mandated for a structured M&A process – first investor briefings to start soon   Local court approved insolvency filings ...

For the past couple of years, Lilium has struggled to raise enough funds to remain competitive. It may now be nearing the end of the road. The electric-vertical-takeoff-and-landing (eVTOL) startup ...

In the U.S., Lilium is working with newly formed operator UrbanLink Air Mobility to launch service in South Florida, ...

With a court approving Lilium's insolvency process, new investors in the eVTOL aircraft developer are being briefed as its shares are suspended on Wall Street.

German air-taxi maker Lilium said on Monday it would file for insolvency "soon", after efforts to solve its cash-crisis failed to yield results.

Insolvency and restructuring experts from Gorg and Pluta Rechtsanwalts will shortly begin seeking buyers for Lilium's main ...

Lilium ( NASDAQ: LILM) has tapped KPMG to conduct a structured M&A process, as the cash-strapped air-taxi maker looks to ...

Lilium shares are trading lower by 36% during Friday's session. The company's German subsidiaries announced plans to seek ...

A few days after the electric flying taxi developer Lilium filed for insolvency, Weilheim Local Court has authorised ...

Lilium (LILM) announced that it has appointed KPMG to conduct an open, transparent and fair M&A process. First investor briefings will ...