eVTOL manufacturer Archer Aviation plans to capitalize on the products developed by Palantir Technologies Inc. (NASDAQ: PLTR) in order to streamline and increase efficiency at its two manufacturing plants, one…
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…
Archer Aviation (NYSE: ACHR) will now be able to train and qualify pilots at is new training academy since it received its Part 141 certificate from the FAA. The Part…
Within the next few days Marian BoÄŤek will provide the portion necessary out of a total 150 million euros to keep the lights on at Lilium (OTCMKTS: LILMF) which needs…
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…
While Lilium is working hard to find different ways to save the company, there are many cards up its sleeve. Thanks to the self-managed insolvency, the millions in euros that…
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…
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…
With $318 million raised during the Series C round it brings the total equity capital raised by BETA Technologies to 1 billion dollars. During this round of fundraising, Qatar Investment…
With the electric VTOL market expecting to grow from $1.2 billion in 2023 to $23.4 billion by 2030 and $1 trillion by 2040, it is a no-brainer that investors will…
Joby finalized the sale of 40,000,000 shares of common stock at a public offering price of $5.05 per share, making Joby possessing a cash balance of over $1 billion. The…
Lilium’s 6-k filing on Thursday (October 24th 2024), mentioned the situation at hand regarding the need of funds for Lilium (NASDAQ: LILM) to “conduct ongoing operations” in the same tempo…
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…
(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…
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…
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…
A Sound Approach Without a doubt, it can be quite a nuisance to take time off from a hectic work schedule and spend time vacationing in the French Riviera, only…
XTI had plans beginning in 2017 to create a propulsion system making use of a turbogenerator with battery-powered electric motors. As of 2024 this plan has been put on hold…
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…
H2FLY, based in German city of Stuttgart has successfully completed testing of its hydrogen tank during on-ground filling of liquid hydrogen, which has been dubbed by the company a “world’s…
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