Lilium earlier this week announced a second bankruptcy and we await news on whether Volocopter has a future — meanwhile, ...
Archer Aviation has $1B in liquidity, but burns $400-$550M annually, giving it 1.8-2.5 years of runway. Find out why I rate ...
Airways analyzes the insolvencies and funding failures of eVTOL innovators in the Advanced Air Mobility Sector.
German eVTOL developer Volocopter has laid off all its staff and entered insolvency proceedings as administrators struggle to ...
Once the leaders in a nascent market, German electric air taxi startups Lilium and Volocopter are clinging to diminishing hopes of financial rescue. The latter has joined the former in full insolvency ...
A small but select group of eVTOL aircraft developers are among the Verticon show exhibitors as advanced air mobility sector ...
Lilium, a German developer of electric vertical takeoff and landing (eVTOL) jets, is shutting down. Lilium’s two core subsidiaries ran out of cash in October, forcing it to file for “self ...
The Lilium Jet eVTOL model was expected to enter commercial service, carrying four to six passengers, by the end of 2026. © AIN/David McIntosh ...
The company says the difference between its vehicle and an eVTOL is that the Model A doesn’t need an airport for operation and can be driven. Based on the fact sheet verbiage and other aircraft ...
John joins from Lilium, a leading eVTOL developer, where he held the position of Head of Propulsion. With decades of experience in advanced aerospace propulsion, John will play a key role in ...
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