Lilium News

FlightGlobal • Dominic Perry

Lilium Files for Insolvency Again Amid Funding Challenges

Lilium Aerospace has filed for insolvency for the second time after failing to secure critical funding from investors. The eVTOL developer announced the cessation of operations, leaving questions about the future of its air taxi innovations and the impact on its workforce.

2025-02-26T19:47:46.119918-08:00

Aviation Week

Lilium Subsidiaries File for Insolvency Amid Cash Crisis

2024-10-24T08:48:41.095354-07:00

Aviation Week

Volocopter Files for Insolvency Amid Search for Investors

2024-12-30T01:23:51.639286-08:00

AINonline

Lilium Engages KPMG for M&A Amid Insolvency Proceedings

2024-11-05T04:04:09.725524-08:00

Lilium News Timeline

Aviation Week

German Hydrogen Aircraft Developer APUS Files for Insolvency Amid Financial Struggles APUS Zero Emission, a German developer of hydrogen-powered aircraft, has entered insolvency administration, aiming to restructure and attract investors. This move highlights the ongoing financial challenges within the zero-emission aviation sector, with several companies facing similar predicaments.

2025-03-07T07:21:07.232585-08:00

German Hydrogen Aircraft Developer APUS Files for Insolvency Amid Financial Struggles

Aviation Week

Volocopter and Lilium Face Bankruptcy as Investor Talks Stall With negotiations faltering, the financial future of German eVTOL leaders Volocopter and Lilium hangs in the balance. Both companies have initiated bankruptcy proceedings, reflecting the increasing challenges within the emerging urban air mobility market amidst dwindling investor confidence.

2025-03-04T14:43:51.202931-08:00

Volocopter and Lilium Face Bankruptcy as Investor Talks Stall

FlightGlobal

Lilium Files for Insolvency Again Amid Funding Challenges Lilium Aerospace has filed for insolvency for the second time after failing to secure critical funding from investors. The eVTOL developer announced the cessation of operations, leaving questions about the future of its air taxi innovations and the impact on its workforce.

2025-02-26T19:47:46.119918-08:00

Lilium Files for Insolvency Again Amid Funding Challenges

eVTOL Insights

Horizon Aircraft Appoints John Wyzykowski as Technical Expert Horizon Aircraft has strengthened its engineering team by appointing John Wyzykowski, a former Lilium propulsion expert, as their new technical expert. This strategic hire aligns with Horizon's commitment to advancing its hybrid-electric eVTOL aircraft development, leveraging Wyzykowski's proven expertise in propulsion technology.

2025-02-20T06:15:04.733512-08:00

Horizon Aircraft Appoints John Wyzykowski as Technical Expert

FlightGlobal

Lilium Employees Crowdfund for Basics Amid Unpaid Wages Crisis Facing nearly two months without pay, Lilium Aerospace staff have resorted to crowdfunding to afford essentials as the company struggles financially. The uncertainty surrounding Lilium's financial stability raises concerns over employee welfare and operational continuity.

2025-02-19T02:56:33.177948-08:00

Lilium Employees Crowdfund for Basics Amid Unpaid Wages Crisis

Leeham News

Eviation Joins List of Struggling Alternative Energy Aviation Ventures Eviation becomes the latest casualty among alternative energy aviation projects, joining Universal Hydrogen, Lilium, Volocopter, Tecnam's electric airplane, Airbus electric, Airbus hydrogen, and ATR hybrid in facing significant challenges in implementation and sustainability.

2025-02-18T00:44:36.023620-08:00

Eviation Joins List of Struggling Alternative Energy Aviation Ventures

Aviation Week

Lilium Faces Potential Insolvency Amid Funding Challenges Lilium Aerospace is on the brink of insolvency as the awaited funding has not materialized. The electric aircraft startup suspended operations and may file for insolvency on February 14, unless the necessary financial backing is secured urgently.

2025-02-13T07:44:35.817848-08:00

Lilium Faces Potential Insolvency Amid Funding Challenges

FlightGlobal

Lilium Faces Delayed January Salaries; Investors Promise Resolution Employees of Lilium Aerospace face ongoing delays in receiving their January salaries. During this period, management has advised staff to refrain from work until further notice. Investors have pledged to address this issue amid potential financial restructuring of the company.

2025-02-10T10:00:52.857198-08:00

Lilium Faces Delayed January Salaries; Investors Promise Resolution