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Marian Bocek, the Slovak entrepreneur and founder of battery maker InoBat, has invested more than €150 million for a majority stake in the German air taxi company Lilium, the newspaper BILD reports.

They’ve been dropping like flies. In just the last 3 months, air taxi hopefuls Lilium Air Mobility and Volocopter filed for insolvency. These companies believed they had the better electric ...

Flower colours include purple, orange, white and yellow, often heavily freckled. Flowers are borne from mid to late summer. The exotic looking, but fully hardy Madonna lily (Lilium candidum) is parent ...

A group of European and American investors as the Mobile Lift Corporation agreed to acquire the assets of the German eVTOL aircraft developer Lilium, AIN reported. On Dec. 24 Lilium announced an ...

Lilium’s last-gasp rescuer Mobile Uplift Corporation (MUC) expects to complete its acquisition of the electric air taxi developer’s operating assets by 20 January, having taken possession of ...

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The Manager Magazin also has some insights about what companies belong to the investor consortium. There is no official list of names, and so far, MUC has only stated that some of Lilium’s existing ...

Insolvent German electric aircraft manufacturer Lilium is to receive €200 million ($206 million) from the investor consortium Mobile Uplift Corporation (MUC), the Bernstein Group consultancy ...

FRANKFURT—The group of investors seeking to take over electric aircraft manufacturer Lilium plans to invest more than €200 million ($205 million) into the insolvent company. Mobile Uplift ...

Lilium says the investor consortium Mobile Uplift Corporation has signed a purchase agreement for the assets of the Lilium subsidiaries. According to Lilium, the investors – it is not yet known ...