This strategic move, finalised via a recent decree, is part of a broader initiative to increase the nation's control over its ...

Burkina Faso has officially completed the handover of five gold mining assets to its state-owned mining company. ・Burkina ...

Other European startups are continuing to pursue eVTOLs, such as Ascendance and VoltAero in France, Sirius Aviation in ...

Burkina Faso has completed the transfer of five gold mining assets to the country's state-owned miner, according to a decree published late on Wednesday, finalising a process that began in August to ...

Beleaguered former employees of collapsed electric air taxi developer Lilium have received an overdue glimmer of good news ...

Mr. Robinson co-founded the company in 2013 alongside his father, Brian Robinson, Horizon’s chief engineer. The Cavorite X7 ...

In potentially another dramatic twist to Lilium’s protracted collapse, rumours have surfaced of yet another last-ditch bid to salvage the air taxi developer. Sources close to the company ...

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees. Mobile Uplift Corporation, a company set up by ...

Lilium isn't the first to face empty coffers. Flying taxis could reduce an airport commute from 90 minutes to 7. They could better connect small towns to urban areas. Optimistic investors believe ...

Lilium shares are trading lower by 36% during Friday's session. The company's German subsidiaries announced plans to seek insolvency in court. Today's manic market swings are creating the perfect ...

All of the publicly-traded eVTOL companies like Joby Aviation (JOBY), Lilium (LILM), and Archer Aviation (ACHR) have all crashed buy double-digits from their all-time high. eVTOL companies are ...