Wed, Nov 06, 2024
In a move that seemed to come out of left field, Lilium announced it is on the verge of insolvency and has ceased operations.
On October 24, Lilium N.V. submitted a Form 6-K filing to the SEC stating that the managing directors of its two operating subsidiaries, Lilium GmbH and Lilium eAircraft GmbH, determined that they are overindebted and will be unable to pay existing liabilities within the next few days. The four astronauts from NASA’s SpaceX-based Crew-8 mission successfully returned to earth at around 3:30 am on October 25. Their stay on the International Space Station lasted eight months; 55 days longer than originally planned. Crew-8 launched from Florida’s Kennedy Space Center on March 3 with NASA astronauts Matthew Dominick, Michael Barratt, and Jeanette Epps along with Roscosmos Cosmonaut Alexander Grebenkin. Eclipse Aerospace recently took Daedalean AI visual awareness systems for a trial run. The company aims to use AI to improve flight safety and reduce pilot workload through traffic detection, landing guidance, and runway incursion avoidance. All this -- and MORE in today's episode of
Airborne-Unlimited!!!
Airborne 10.28.24 is chock full of info in this Daily News Episode, Monday, October 28th, 2024... Presented by Aero-TV veteran videographer and Airborne Host Holland Lee. Holland is supported by ANN Chief Videographer Nathan Cremisino, as well as ANN CEO/Editor-In-Chief Jim Campbell. This episode covers:
- Surprise: Lilium Unable To Secure Funding, Ceases Operations
- Crew-8 Splashes Down After Months of Delays
- Eclipse Aerospace Experiments With AI in Business Aviation
- Wheels Up Acquires GrandView And Announces Fleet Transition
- Purdue Airport Granted $1.5 Mil For Earhart Terminal Construction
- iFly EFB Integrates SayWeather To Its Platform
- Daher Releases 7th Version Of ‘Me & My TBM’ App For Owners/Operators
Get Comprehensive, Real-Time, 24/7 coverage of the latest aviation and aerospace stories anytime, at aero-news.net. And be sure to join us again tomorrow, for the next edition of "Airborne Unlimited" here on Aero-TV. Thanks for watching. See you, again, tomorrow!
© 2024, Aero-News Network, Inc., ALL Rights Reserved.
More News
Advisory Service Advice and information provided by a facility to assist pilots in the safe conduct of flight and aircraft movement.>[...]
“The PMA approval represents a significant change for the connectivity landscape as the introduction of the Gogo Galileo LEO HDX antenna opens up a whole new world of connect>[...]
Decision Altitude (DA) A specified altitude (mean sea level (MSL)) on an instrument approach procedure (ILS, GLS, vertically guided RNAV) at which the pilot must decide whether to >[...]
Aero Linx: Mercy Medical Angels Mercy Medical Angels removes the barrier to medical care with transportation on the ground with gas cards, bus and train tickets and in the air with>[...]
Also: Chute Failure, Skydiver Manual, AirVenture 2025 Update, 2025 SnF Innovation Preview Is On The Way! As previously reported, a Risen Superveloce (SV) flying from Alzate Brianza>[...]
ANN's Daily Aero-Term (03.18.25): Advisory Service
See All