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  2. Analysis-Lilium's fall throws spotlight on air-taxi cash crunch

    www.aol.com/news/analysis-liliums-fall-throws...

    (Reuters) -The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when Germany's Lilium succumbed to a cash crisis, throwing a fresh ...

  3. Lilium GmbH reports continuing momentum on the Lilium Jet ...

    lite.aol.com/tech/story/0022/20241205/9314686.htm

    In parallel, Lilium reports continuing program momentum both on the commercial and technology side as the company gears up towards first manned flight of the all-electric Lilium Jet. M&A process continues as planned Following Lilium’s insolvency filing and the start of preliminary insolvency proceedings under self-administration, the M&A ...

  4. Why Lilium Stock Just Crashed by 17% - AOL

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  5. Why Lilium Stock Plummeted by 21% Today - AOL

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  6. Lilium Jet - Wikipedia

    en.wikipedia.org/wiki/Lilium_Jet

    Unmanned flight testing of the five-seat Lilium Jet took place at Oberpfaffenhofen airfield near Munich. It first flew in May 2019. [4] [5] By October 2019, after 100 flights, it could transition from vertical to horizontal flight, reaching over 100 km/h (54 kn), but not yet fully horizontal. It managed 25° banked turns, high ascent/descent ...

  7. Lilium Launches M&A Process with KPMG, Targets Program ...

    lite.aol.com/tech/story/0022/20241105/9267499.htm

    End of October, Lilium engineers moved a fully assembled, conforming Lilium Jet airframe into the static test rig for structural testing, in a significant advance for the program. The structural strength test is an essential part of the testing plan for first manned flight and type certification.

  8. Lilium GmbH - Wikipedia

    en.wikipedia.org/wiki/Lilium_GmbH

    In October 2019, Lilium released footage showing the Jet in full flight, taking off vertically and transitioning to horizontal flight. [12] Lilium also announced the completion of its first manufacturing facility in October 2019. [13] In November 2020, Lilium announced a partnership with the developer Tavistock Development Company to build a ...

  9. Lilium Powers On First Lilium Jet in Significant Milestone ...

    lite.aol.com/tech/story/0022/20241001/9249235.htm

    The successful test procedure on the first in-production Lilium Jet, MSN 1, represents a significant achievement on the path to first flight and certification. This test confirms that the aircraft is being built in accordance with Lilium’s platform design and the flight systems are functioning correctly.