Air taxi start-up Volocopter files for bankruptcy January 02, 2025 German air taxi start-up Volocopter has filed for insolvency proceedings, citing its inability to raise new funds to maintain regular operations.
Lilium and Customcells ramp up battery cell production April 05, 2023 Lilium, a developer of the first all-electric eVTOL jet, and Customcells are ramping up battery cell production of Lilium’s high silicon content cells with weekly deliveries from Customcells production line in Tübingen, Germany.
Lilium joins forces with GKN Aerospace for EWIS February 13, 2023 Munich-based electric aviation company Lilium has turned to the expertise of GKN Aerospace to design, build and integrate the electrical wiring interconnection systems (EWIS) for Lilium’s type-conforming aircraft.
Lilium completes $240 million funding round March 23, 2020 Munich-based electric aviation company, Lilium, says it has completed an internal funding round worth more than USD 240 million. The round was led by Tencent, with participation from other existing investors including Atomico, Freigeist and LGT.
Up, up and away for Germany's Lilium May 17, 2019 Lilium, the Munich-based startup developing an on- demand air taxi service, has revealed its new five-seater air taxi prototype for the first time. The unveiling of the new Lilium Jet came as the all-electric aircraft completed its maiden flight in the skies over Germany earlier this month.
Finnish VR company raises $31 million in funding October 08, 2018 Varjo Technologies has a goal of bringing the world’s first human-eye resolution VR / XR (virtual reality and mixed reality) product to market. Now the company has found some backing as it completed a USD 31m Series B investment round, led by Atomico.
Lilium appoints Yann de Vries as VP corporate development September 13, 2018 Lilium GmbH, the aviation start-up developing an on-demand air mobility service, is further strengthening its senior team by appointing Yann de Vries as VP Corporate Development.
Flying car company recruits leaders from Gett, Airbus and Tesla August 28, 2017 It wasn’t long ago that Munich-based Lilium proved to the world that their flying car is more than idea – it actually worked. Now the company is adding talent to grow its business.
Test flight 'total success' for Lilium April 21, 2017 Munich-based Lilium develop and build a small electric jet plan. Sounds cool and with the ability to vertical start and land (VTOL) even more so. We even have proof of a successful flight.