In a U.S. regulatory filing, German aerospace startup Lilium — which is listed on the Nasdaq — said it had not been able to raise sufficient additional funds to continue the operations of Lilium GmbH ...

The stock of German aerospace company Lilium NV (LILM), which manufactures air taxis, is down 58% after the company said its two main subsidiaries will file for insolvency. The company’s two primary ...

(Reuters) - German air-taxi developer Lilium said on Thursday two of its subsidiaries in the country have decided to file for insolvency following unsuccessful talks with state and federal governments ...

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 ...

Lilium (LILM) announced in a Form 6-K filed with the Securities and Exchange Commission that the Company received a written notice from the staff of the Nasdaq Listing Qualifications Department on ...

Cash-strapped Lilium has agreed an unlikely last-ditch rescue, selling its German operating units to a consortium of investors just days after terminating the contracts of all its staff. Lilium had ...

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. The German aerospace startup's shares plunged more ...