Lilium

By Ben Goldstein
The AAM industry has endured a tough couple of years, during which capital markets have mostly dried up for all but the most bullish market leaders.
Aircraft & Propulsion

By Graham Warwick
Multiple private and public entities across the region have aligned behind the drive to be a leader in advanced air mobility.
Advanced Air Mobility

By Graham Warwick
Our roundup of the main aerospace and defense stories making the news this week.
Aircraft & Propulsion

By Ben Goldstein
Lilium burned through more than $1.4 billion without achieving first flight of its Lilium Jet. Shareholders and customers want answers.
Advanced Air Mobility

By Ben Goldstein
Volocopter retained the top slot in the latest edition of the AAM Reality Index.
Advanced Air Mobility

By Angus Batey
Amid the fallout from Lilium’s filing for insolvency, attention is turning to a comparatively little-noticed aspect of the advanced air mobility industry.
Advanced Air Mobility

By Ben Goldstein
The AAM Stock Composite rose 2.5% during the month of October, a modest result that masks deeper financial strain at many eVTOL startups.
Advanced Air Mobility

By Ben Goldstein
Lilium has announced its decision to file for insolvency under German bankruptcy law for its two principal subsidiaries; the move did not come as a shock.
Advanced Air Mobility

By Jens Flottau
While the company has made significant progress in development and was nearing first flight of a production-standard aircraft, it has run out of time and money.
Advanced Air Mobility

By Jens Flottau
Advanced air mobility startup Lilium plans to file for self-administered insolvency in Germany.
Advanced Air Mobility

By Jens Flottau
The advanced air mobility startup has few options left as it urgently seeks fresh funding. A bankruptcy filing has become a more likely scenario.
Advanced Air Mobility

By Jens Flottau
Lilium is urgently seeking further rescue options after the German budget committee rejected a proposed €50 million loan guarantee for the startup.
Advanced Air Mobility

By Jens Flottau
Lilium has received initial approval for a €220 million ($240 million) French government support package, industry sources tell Aviation Week.
Advanced Air Mobility

By Graham Warwick
Lilium “requires additional capital immediately to continue to fund its ongoing operations.”
Advanced Air Mobility

By Graham Warwick
To achieve power-on, Lilium applied 900-volt external power to the aircraft, where it was converted to lower voltage to supply electrical and avionics systems.
Advanced Air Mobility

By Ben Goldstein
Galaxy FBO operates from several airports and heliports in the Houston Area.
Advanced Air Mobility

By Ben Goldstein
Vertical Aerospace says it has enough cash to make it into the second quarter (Q2) of 2025.
Advanced Air Mobility

By Ben Goldstein
The phrase “Valley of Death” describes the stage in which startups have begun operations but don’t yet have customers, and therefore revenues.
Advanced Air Mobility

By Ben Goldstein
Joby was the biggest gainer last week with a nearly 16% increase to $5.53.
Advanced Air Mobility

By Graham Warwick
Our roundup of the main aerospace and defense stories making the news this week.
Aircraft & Propulsion

By Robert Wall
Lilium's board turnover comes on the heels of the Bavarian state government clearing the way for a €50 million ($55 million) loan guarantee to support the AAM outfit.
Advanced Air Mobility

By Jens Flottau
Volocopter has suffered from delays and financial uncertainty. Its recent board reshuffle moves Chinese investor Geely into a central spot.
Advanced Air Mobility

By Jens Flottau
The Bavarian state government has cleared the way for a €50 million ($55 million) loan guarantee to support advanced air mobility startup Lilium.
Advanced Air Mobility

By Ben Goldstein
Among air taxi OEMs, Eve Air Mobility was the only gainer, rising around 5% to $2.81.
Advanced Air Mobility

By Ben Goldstein
The AAM Stock Composite soared more than 18% during the week ending Aug. 23.
Advanced Air Mobility