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2023-08-29 14:04:46 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Flying car stocks have become the latest investing trend. In other words, we could finally be living out our Jetsons fantasies in the near future. Although many models are prototypical, some co...
2023-08-29 12:49:43 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although a speculative sector, adventurous investors with some loose change burning a hole in their pocket may want to consider compelling flying car stocks to buy. Fundamentally, such gamblers...
2023-08-23 11:58:47 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Undoubtedly, we’ve all dreamt about having a flying car. Some people might daydream about the time they can save in traffic, while others just want to avoid potholes. That’s not e...
2023-08-15 14:28:02 ET Summary I believe Lilium reveals a company with a unique focus on the eVTOL premium segment but has notable challenges and lacks near-term catalysts to keep investors engaged. Lilium's 1H23, in my view, shows a firm striving for commercialization and near-te...
2023-08-14 16:15:21 ET Summary Lilium reported Q2 2023 EPS of -$0.090, beating estimates by $0.06, despite no profit or revenue. The company began wind tunnel testing on a complete 1-to-2.5 scale Lilium jet model to validate flight physics and aerodynamics. Lilium raised $192 ...
2023-08-14 11:00:35 ET Summary Lilium has achieved important milestones in its eVTOL development, but it is still years away from commercial operations. The company has secured new financing and expects regulatory approvals from EASA and the FAA. Lilium faces significant finan...
2023-08-09 13:32:27 ET Summary Since late-May, when I first covered Eve, the stock has risen by ~45%. With recent updates post-May bolstering my thesis, I've revised my Dec-23 price target to $12 (up from $8). Eve's potential orders for eVTOL units have continued to rise, now 2.9k...
2023-08-01 09:28:19 ET Summary Joby's stock surge of 140% YTD, driven primarily by short covering and retail flows, lacks grounding in improved business fundamentals. The FAA's 2028 (vs. 2025 expectations) target for meaningful operations points to a prolonged pre-revenue phase fo...
2023-08-01 05:25:31 ET Summary B. Riley Financial's recent equity raise suggests one of two scenarios, an acknowledgment of untenable dividend policy, or an effort to recalibrate its financial leverage, restoring balance to its sheets. Despite marketing its diversification strateg...
MUNICH, Germany, July 25, 2023 (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 Q2 2023 Shareholder Letter. The Shareholder Letter...
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The firm order for 50 Lilium jets, with an option for 50 more, is the largest commitment in the eVTOL sector by an airline operator Saudia Group leads the aviation industry in the MENA region with the first agreement for the purchase of eVTOL jets MUNICH, Germany, July 18, 2024 (G...
First aircraft (Lilium Jet MSN 1) to be used exclusively for ground testing starting in a few weeks Second aircraft (Lilium Jet MSN 2) to be used for first manned flight in early 2025, will start ground testing in the fall, soon after MSN 1 Three aircraft in production by year-end Ful...
2024-07-11 12:50:01 ET Air taxi start-up Lilium (NASDAQ: LILM) has reportedly secured a firm order from a state-owned Saudi Arabian airline. Investors appreciate the vote of confidence, sending Lilium shares up about 10% as of 11:30 a.m. ET. Lilium is one of several start-ups wo...