Lilium

Dubai, Abu Dhabi, and Saudi Arabia have all made commitments to manufacturers of new electric aircraft

Luxaviation/Sigma Air Mobility partnership plans eVTOL services in Europe and beyond

Hybrid-electric drone could support relief operations in Puerto Rico

Lilium's CFO Oliver Vogelgesang is moving to Volocopter

Vertical Aerospace is also facing a liquidity crunch as major shareholder demands funding Plan B

Move comes one week after the German parliament blocked a loan guarantee application

Executives from Lilium, Beta Technologies, Electra, Atlantic Aviation, and Signature Aviation participated in the discussion

Company's board of directors are now considering funding options

Opposition to German federal government funding could block Bavarian state loans

Straight talk about an industry that is making a lot of promises