This column is part of the sixth annual Heard on the Street stock picking contest. German air-taxi startup Lilium may be a modern equivalent of Leonardo da Vinci’s 16th century scuba suit: Some ...

Lilium expects to have fleets of flying taxis in the air by 2025. This new form of mobility could revolutionize people's sense of place and distance.

But Lilium isn’t trying to make a one-to-one comparison between its eVTOL aircraft and other gas-powered models. For example, Broffman cited certain customers who work in cities with congested ...

Lilium reaped $275 million but was aiming for $450 million, an ex-employee said, confirming reporting by TechCrunch on the funding goal, and it only brought in one new investor.

Lilium struck major deals with the likes of Lufthansa in Germany and Saudia in Saudi Arabia. It also agreed a tie-up with Groupe ADP, an international airport operator based in Paris.

German air taxi startup Lilium has completed its first phase of testing, with its five-seater 36-rotor electric prototype hitting speeds of 100 km/h (62 mph). Lilium says it remains “on track ...

Lilium has been talking to investors to raise a big round of funding, between $400 million and $500 million, according to those familiar with its plans. “It’s a very large round at a very ...

Lilium is taking on an early burden, says Yemsi, because it's decided to go for concurrent certification with both EASA and the FAA from the outset. It'll be more effort up front, ...

Lilium has now raised more than $340 million to date. Techcrunch event. Save now through June 4 for TechCrunch Sessions: AI Save $300 on your ticket to TC Sessions: AI—and get 50% off a second.

Lilium also attempted to make an agreement with the Free State of Bavaria, with a preliminary agreement involving a guarantee of at least 50 million euros. They have yet to reach an agreement.

Lilium isn't dead yet, but the stock still isn't attractive with the current capital position. Read more to see an overview and analysis of LILM stock.

Lilium N.V. — a German startup listed during the Covid-19 boom— has had serious problems plaguing it from the start. See why we are bearish on LILM stock.