German battery manufacturer CustomCells has filed for insolvency proceedings for the group’s key operating entities located in Itzehoe and Tübingen.
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Lilium has confirmed the KPMG-led M&A process aimed at delivering the company’s financial restructuring continues, adding its program is also
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Lilium’s former Chief Financial Officer Oliver Vogelgesang has joined Volocopter, effective immediately. As an experienced financial executive of a listed
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Airbus has officially begun remotely piloted flight testing of its full-scale prototype for the CityAirbus NextGen electric vertical take-off and landing (eVTOL)
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Lilium has appointed KPMG to conduct an open, transparent and fair Mergers & Acquisitions (M&A) process and confirmed first investor
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Lilium has announced its principal German subsidiaries will apply for self-administration proceedings in the next few days with the competent
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Lilium has announced changes to its Board of Directors, with the company intending to appoint Philippe Balducchi as a non-executive
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Lilium has appointed Johan Malmqvist as Chief Financial Officer (CFO), effective from April 1, 2024. He succeeds Oliver Vogelgesang, who
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Volocopter has received the German Federal Aviation Office’s Production Organisation Approval (POA) extension that allows the production of the VoloCity
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Airport operator Fraport and Lilium will work together and explore required planning and approval steps for state-of-the-art infrastructure for the
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The Lufthansa Group and Lilium have signed a Memorandum of Understanding to explore a strategic partnership on eVTOL aircraft operations
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The next instalment of our Executive Profiles is now live! This time, we put the questions to Christian Bauer, Volocopter’s
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Lilium has announced a capital raise for up to $250 million, with $100 million funded at close, as it continues
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Lilium and battery cell production partner Customcells are ramping up the production of Lilium’s high silicon content cells, with weekly
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The next instalment of our Executive Profiles is now live! This time, we put the questions to Mark Robert Henning,
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Skyroads AG has initiated the first fully automated Advanced Air Mobility flight test site at Augsburg Airport in Germany, which will
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Volocopter has announced its VoloConnect fixed-winged passenger aircraft completed its first flight last month at the UP Summit, an annual
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Lilium has named former Airbus executive Klaus Roewe as its new CEO, who will replace company co-founder and current CEO
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Airbus has created the Air Mobility Initiative (AMI), which will set up a series of research projects aimed at making
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Lilium has submitted a full set of ‘Means of Compliance’ proposals to the European Union Aviation Safety Agency (EASA) for
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Dirk Hoke was been announced as Volocopter’s new Chief Executive Officer and Managing Director, replacing Florian Reuter, who will be
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NetJets, the world’s largest private aviation company and aviation training firm FlightSafety International have signed a MoU with Lilium for
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Urban air mobility startup Skyroads — formerly D3 Technologies AG — has completed the first successful flight demonstration of its
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