German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria. Insolvency would mark a dramatic fall for a ...

Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries will file for insolvency in the coming days. Stream NBC 5 for free, 24/7, wherever you are. The ...

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees. Mobile Uplift Corporation, a company set up by ...

German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria. Stream Los Angeles News for free, 24/7, wherever ...

Lilium has been negotiating emergency capital financing with government officials in Germany. The firm's request to receive 50 million euros ($54 million) of state aid from the federal government was ...