Lilium co-founder Patrick Nathen confirmed on LinkedIn that the 10-year-old company had stopped ... has struggled for months. The startup’s vision for electric aircraft attracted backers like ...

Lilium co-founder and CEO Patrick Nathen confirmed on LinkedIn that the 10-year-old company ... (VTOL) aircraft with speeds of up to 100 km/h, has struggled for months. The startup’s vision ...

Source: Kommersant, a Russian news outlet; The Moscow Times Details: Kommersant’s sources said that the aircraft were 21-22 years old and cost between RUB 1.4 billion (about US$13.6 million ...