Lilium, a promising startup that produces air taxis, is now on the bri

Lilium, a promising startup that produces air taxis, is now on the brink of bankruptcy

Lilium has been in negotiations with both the German federal government and the state of Bavaria for an emergency capital infusion. The company had requested €50 million (approximately $54 million) in loans from the federal government, but its request was denied by German lawmakers. In a regulatory filing last week, Lilium stated that they had received information indicating that the parliamentary budget committee would not approve a guarantee for a proposed €100 million loan. This loan was to be issued by KfW, a German state-owned development bank. Despite this setback, Lilium continues to negotiate with Bavaria for a guarantee of at least €50 million.

Engineers in Sweden have turned a wind turbine into a compact house

The energy company Vattenfall together with the architectural firm Superuse Studios have developed a unique project. They have converted a former wind turbine into a full-fledged dwelling. The gondola chosen for the project belonged to a 2 MW Vestas V80, which had operated for 20 years at a wind farm in Austria. It was dismantled from a height of 100 meters. Its dimensions are 4m wide, 10m long a

A shot of Hong Kong taken from a tram

The Hong Kong tram, affectionately referred to as the "Ding Ding" by locals, is a unique mode of transportation that can be found on the busy streets of Hong Kong Island. Taking a ride on this beloved tram, which is also an iconic symbol of the city, is a journey through its rich history, culture, and everyday life. This guide will provide you with everything you need to know about the tram, inc

Lilium, a promising startup that produces air taxis, is now on the brink of bankruptcy

Recommended

Engineers in Sweden have turned a wind turbine into a compact house

A shot of Hong Kong taken from a tram