Fresh from losing out on Lilium’s assets to Archer Aviation, Dutch firm Ambitious Air Mobility Group (AAMG) has turned its attentions elsewhere and agreed to invest an undisclosed sum in Czech hybrid ...

Forbes contributors publish independent expert analyses and insights. Nicole Kobie is a tech and transport journalist based in London. Feb 28, 2025, 10:32am EST Delegates look at the Lilium Jet, an ...

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees. Mobile Uplift Corporation, a company set up by ...

Electric vertical takeoff and landing (eVTOL) startup Lilium reveals last-minute agreement with Mobile Uplift Corporation GmbH to purchase its operating assets, paving the way for restarting business ...

Ground testing of the Atea wing at top has demonstrated its contribution to vertical lift. Credit: Ascendance Flight Technologies Ascendance Flight Technologies differs in three ways from Volocopter ...