LILM News and Press, Lilium N.V. From 12/29/22

Summary EHang has signed a deal to raise $10 million by issuing new shares to a Qingdao government entity and could raise another $10 million from the same source. EH's new fundraising highlights the dwindling cash as it remains in the red despite progress in commercializing its aerial ...

Aerospace start-up Lilium (NASDAQ: LILM) provided a financial update this week, and it served as a reminder to investors about how much risk remains in the race to launch a small, battery-powered plane that some have likened to a flying car. The news caused investors to back away from a n...

Lilium NV ( NASDAQ: LILM ) was downgraded by Barclays as the future for eVTOL player remains uncertain on multiple fronts. Namely, the bank’s analysts pointed to reduced cash balances and a longer than expected time to certification as headline concerns. &#x...

MUNICH, Germany, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its Third Quarter Business Update. Lilium will host a ...

eVolare secures deliveries of ten Lilium Pioneer Edition Jets with an option to reserve up to an additional ten Lilium Pioneer Edition Jets eVolare to serve the Greater London area from its Oxford base eVolare to pay pre-delivery payment to Lilium to secure aircraft delivery slots T...

MUNICH, Germany, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (“Lilium”) (NASDAQ: LILM), today announced that it plans to release its Third Quarter Fiscal Year 2022 Business Update on Tuesday, December 6, 2022. There will be a webcast and conference call on Tuesday, D...

MUNICH, Germany, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced the successful closing of a $119 million capital ra...

On Thursday, we warned that aerospace start-up Lilium (NASDAQ: LILM) was likely to go to market with a capital raise in the near future. On Friday, the company did indeed launch a secondary offering. Investors were apparently not prepared for the move, leading shares of Lili...

MUNICH, Germany, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, today announced the pricing of a $119 million capital raise f...

Shares of aerospace start-up Lilium (NASDAQ: LILM) fell as much as 13% for the week, according to data provided by S&P Global Market Intelligence , after a rival warned that regulatory approval for its so-called "flying car" aircraft would take longer than it had hoped. This...