VTOLbuzz Team

Vertical Aerospace VX4 eVTOL prototype makes historic first piloted eVTOL wingborne flight in Europe

Vertical Aerospace (NYSE: EVTL) has achieved a historic milestone in European aviation on the 27th of May 2025 by conducting the first piloted wingborne flight of a an electric vertical take-off and landing (eVTOL) aircraft in open airspace. The VX4 prototype, soaring over the UK countryside from Cotswold Airport, successfully showcased controlled wingborne flight in open…

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Lilium’s 2nd bankruptcy, the German tragedy that should have never happened

Germany which is responsible for 4.8% of the global manufacturing output, has been affected more than many other European countries in the downturn in manufacturing after the Covid-19 pandemic. Combined with the increase in cost of energy due to the embargo on Russian energy after the Russo-Ukrainian War, lower demand for new automobiles, and increased…

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Lilium’s Christmas lights turn back on brighter than ever after rescue deal

The Christmas Lights will turn on bright at Lilium after Munich-based MUC Mobile Uplift Corporation GmbH agreed to purchase the operating assets of the subsidiaries Lilium GmbH and Lilium eAircraft GmbH. In this asset purchase agreement which is planned to close in early January 2025, the subsidiaries will have the financial resources to continue their…

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Lilium, manufacturer of world’s first all-electric VTOL jet, hires “Big Four” firm KPMG for mergers and acquisition process

Lilium has publicly announced that during its mergers and acquisition process (M&A) it will retain the services of the UK headquartered “Big Four” multi-service firm KPMG. The Local Court of Weilheim granted Lilium’s request for self-administered insolvency. Two court-appointed lawyers will join the subsidiaries Boards of Management as Chief Insolvency Officers (CIOs): Prof. Dr. Gerrit…

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Joby completes first successful overseas flight at Toyota’s facility in Shizuoka, Japan

Against the backdrop of the iconic Mount Fuji, Joby Aviation, Inc. (NYSE:JOBY) in a partnership with Toyota that has been 7 years in the making, Joby’s eVTOL aircraft took to the Japanese skies flying quietly under a low acoustic footprint without disturbing the serenity and tranquility of Mount Fuji.  Toyota’s Higashi-Fuji Technical Center in Shizuoka,…

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The cost of lost opportunity: Germany turning its back on Lilium will cost taxpayers more than the funds Lilium is requesting

The German federal government currently faces a crucial decision: whether to support Lilium, an innovative aerospace company, with a €50 million loan guarantee. Lilium, known for its cutting-edge work on electric vertical takeoff and landing (eVTOL) aircraft, has the potential to place Germany at the forefront of the global race in urban air mobility. However,…

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Say “Oui” to the Fleur de Lys! ⚜️ Lilium’s destiny in an electrified France

(Yes, we know the correct pronunciation, but thought this was fun!) Two potential sources of funding might provide the spark that jumpstarts electric VTOL manufacture Lilium’s growth. Both a €100 million ($110 million) loan from the German government owned KfW Development Bank and a French government investment of €220 million would provide Lilium with the…

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Lilium Powers On First Lilium Jet, Marking a Major Milestone Towards MSN 1 Debut Flight

Systems power-on paves the way for Lilium Jet’s ground testing campaign Munich, October 1, 2024 – Lilium N.V. (NASDAQ: LILM), a leader in electric aircraft manufacturing and a pioneer in Regional Air Mobility (RAM), has successfully completed the systems power-on milestone for its all-electric Lilium Jet. The first in-production aircraft, MSN 1, has undergone the…

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Lilium, EMCJET and Galaxy FBO bring the future of air travel to Houston!

Thanks to the incredible work between Lilium, EMCJET, and Galaxy FBO the great state of Texas will have Lilium jet connections between the cities of the Texas triangle. Houston (the energy capital), Dallas/Fort Worth (financial center with a Federal Reserve branch) and San Antonio (a major historical and tourist destination) will be fortunate to have…

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Flying Whales selects Honeywell’s 1 megawatt generator for its LCA60T Airship

Flying Whales Quebec, a subsidiary of Flying Whales has selected Honeywell’s 1 megawatt generator for its LCA60T hybrid electric airship. The 1 megawatt generator will be used to power the onboard electric engines, from jet fuel and sustainable aviation fuel (SAF). This hybrid-electric system provides both an energy efficient and environmentally conscious means of transportation….

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