Lilium Secures Lifeline With New Investors
AV Web
DECEMBER 26, 2024
Just days after announcing plans to cease operations, electric aircraft manufacturer, Lilium, has found a buyer in Mobile Uplift Corporation GmbHa coalition of European and North American investors. The German electric vertical takeoff and landing (eVTOL) company announced the news on Tuesday noting that the deal is expected to enable its two subsidiaries to secure the funding needed to resume operations and hire back the nearly 1,000 employees it let go.
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