Airborne 10.28.24: Lilium ShutDown, Crew 8 Splashdown, Eclipse Goes AI

Also: Wheels Up Acquires GrandView, Purdue Grant, iFly EFB/SayWeather, ‘Me & My TBM’ App
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.

[@publicmail2]

Very surprised on Lilium, my guess is there problems with the craft, something investors don't like.

[@robertlynn7624]

Flawed concept, prioritizing looks over function. Small ducted fans meant extremely high power demands for VTOL placed unworkable power demands on batteries that need to be optimized for energy density and cycle life. Also horribly noisy. They would have been better off with fewer propellers like every other EVTOL uses - conventional planforms and propellers are clearly going to dominate industry.

[@josephlarrybradley508]

Just another Scam company asking for Gov hand outs. Good bye

[@TheBagOfHolding]

​@robertlynn7624 all the other evtols aren't far behind. This is the first domino.

[@MonetizeMyTravelBlog]

I'm hoping they get it together as their tech is promising.

[@rossnolan7283]

Not surprised at Lilium, 'tulipmania' repeating itself . Trying to be too 'clever' and grandiose claims without applying nous.
Better to fail now than via crashing later on (birdstrike/flockstrike alone could cripple it ) or the harsh economic facts of slow turnaround plus high costs accumulated etc etc come into play.

[@fritzeder1847]

Lilium - nice design, wrong concept

[@abvmoose87]

Very strange

[@AC-jk8wq]

😃

[@nelsondoan8271]

👍

[@rafaeltorres2886]

Sounds like Lilium had the wrong engineers ,money pit.