Lilium News

AINonline • Charles Alcock

Lilium Rebrands Following Rescue by Mobile Uplift Corporation

Lilium, a struggling eVTOL company, has been acquired by Mobile Uplift Corporation, which led to a rebranding as Lilium Aerospace. This strategic move averts insolvency and revitalizes the Lilium Jet, previously showcased at Farnborough International Air Show.

2025-01-24T04:32:33.365149-08:00

FlightGlobal

Lilium Asset Transfer Delayed to End-January by MUC

2025-01-21T03:48:21.514864-08:00

Aviation Week

Volocopter Files for Insolvency Amid Search for Investors

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

FlightGlobal

Lilium Acquisition by Mobile Uplift to Finalize on 20 January

2025-01-08T11:52:29.480767-08:00

Lilium News Timeline

AINonline

Lilium Rebrands Following Rescue by Mobile Uplift Corporation Lilium, a struggling eVTOL company, has been acquired by Mobile Uplift Corporation, which led to a rebranding as Lilium Aerospace. This strategic move averts insolvency and revitalizes the Lilium Jet, previously showcased at Farnborough International Air Show.

2025-01-24T04:32:33.365149-08:00

Lilium Rebrands Following Rescue by Mobile Uplift Corporation

FlightGlobal

Lilium Asset Transfer Delayed to End-January by MUC Mobile Uplift Corporation faces a minor delay in acquiring Lilium Aerospace's assets, now set for completion by end-January, shifting from an initial January 20th deadline. This transfer marks a significant step in MUC's strategy for Lilium's integration.

2025-01-21T03:48:21.514864-08:00

Lilium Asset Transfer Delayed to End-January by MUC

FlightGlobal

Lilium Acquisition by Mobile Uplift to Finalize on 20 January Mobile Uplift Corporation is set to complete the acquisition of Lilium's operating assets by 20 January, following possession of these assets. This move precedes a planned €200 million capital infusion intended to bolster Lilium's electric air taxi development efforts.

2025-01-08T11:52:29.480767-08:00

Lilium Acquisition by Mobile Uplift to Finalize on 20 January

eVTOL Insights

Lilium Secures Investment to Avert Liquidation Crisis Lilium, the German eVTOL manufacturer, faced liquidation and job losses just days before Christmas. On December 20th, staff were informed of the situation, but a last-minute investment on Christmas Eve rescued the company, securing its future and retaining 750 employees.

2025-01-06T02:16:23.301080-08:00

Lilium Secures Investment to Avert Liquidation Crisis

Aviation Week

Lilium Secures Over €200 Million Investment Amid Insolvency Investors plan a major capital infusion into Lilium, aiming to revive the electric aircraft manufacturer as it navigates insolvency, demonstrating industry confidence in the electric aviation sector's potential for growth.

2025-01-02T08:07:06.828998-08:00

Lilium Secures Over €200 Million Investment Amid Insolvency

Aviation Week

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Volocopter Files for Insolvency Amid Search for Investors Volocopter, the German eVTOL manufacturer, filed for insolvency proceedings on December 26, 2024, at the Karlsruhe Local Court. The company aims to continue operations while seeking new investors and plans to develop a restructuring strategy by February 2025 to secure its future.

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

Volocopter Files for Insolvency Amid Search for Investors

AVweb

Lilium Avoids Insolvency with New Investor Agreement Struggling eVTOL manufacturer Lilium has secured a financial lifeline by signing an asset purchase agreement with a new investor. This move comes after the company faced potential insolvency, signalling a critical turning point for the electric aircraft startup.

2024-12-26T07:51:36.836877-08:00

Lilium Avoids Insolvency with New Investor Agreement

FlightGlobal

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Lilium Secures Investor Deal with Mobile Uplift to Resume Operations Lilium has signed an asset purchase agreement with Mobile Uplift Corporation, comprising European and North American investors, to acquire its main subsidiaries. The deal, pending conditions precedent, aims to restart operations by January, thus preventing dissolution of the German electric aircraft manufacturer.

2024-12-24T03:03:42.814016-08:00

Lilium Secures Investor Deal with Mobile Uplift to Resume Operations